XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.3
Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 30, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Empire’s asset retirement obligation activity is as follows:

Empire’s asset retirement obligation activity is as follows:

           
   For the Nine Months Ended September 30, 
   2024   2023 
Asset retirement obligations, beginning of period  $28,168,427   $25,000,740 
Additions   876,955    72,000 
Liabilities settled   (864,138)   (910,967)
Revisions       2,303,939 
Accretion expense   1,486,929    1,277,140 
Asset retirement obligation, end of period  $29,668,173   $27,742,852 
Less current portion included in Accrued Expenses   700,000     
Asset retirement obligation, long-term  $28,968,173   $27,742,852