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Consolidated Statements of Operations and Comprehensive Income - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues from contracts with customers:    
Total revenue $ 69,962,709 $ 42,403,992
Operating costs and expenses:    
Lease operating expenses 7,128,631 6,303,055
Gathering system operating expenses 2,287,763 2,321,329
Development geological and geophysical expenses 9,545 40,299
Depletion, depreciation, amortization, and accretion 6,438,511 6,627,016
Impairment expense 0 153,058
Gain on sale of oil and gas properties (221,642) (484,902)
General and administrative expenses:    
Stock based compensation expense 1,021,026 956,084
Other general and administrative expenses 6,325,412 5,875,732
Total operating costs and expenses 22,989,246 21,791,671
Operating income 46,973,463 20,612,321
Other income (expense):    
Interest income 452,877 38,865
Interest expense (50,782) (101,382)
Gain (loss) on derivative contracts 236,077 (4,482,909)
Other income (expense) (99,469) 1,130
Other income (expense), net 538,703 (4,544,296)
Net income before income tax expense 47,512,166 16,068,025
Income tax expense 12,157,487 4,440,508
NET INCOME 35,354,679 11,627,517
Currency translation adjustments (44,054) (2,042)
NET COMPREHENSIVE INCOME $ 35,310,625 $ 11,625,475
Net income per share, basic (in dollars per share) $ 1.52 $ 0.49
Net income per share, diluted (in dollars per share) $ 1.51 $ 0.49
Weighted average number of shares outstanding, basic (in shares) 23,319,633 23,705,193
Weighted average number of shares outstanding, diluted (in shares) 23,406,189 23,857,102
Gas, oil, NGL and condensate revenue    
Revenues from contracts with customers:    
Total revenue $ 61,877,197 $ 34,538,167
Gas gathering and compression revenue    
Revenues from contracts with customers:    
Total revenue $ 8,085,512 $ 7,865,825