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v3.25.2

Fair Value Measurements (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Impairment of oil and gas properties | $ 0 | $ 2,700,000 | $ 0 | $ 1,450,000
Derivative contracts, Liabilities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Effect of Netting, Asset |  | (615,766) |  |
Effect of Netting, Liability |  |  |  | (403,032)
Net Fair Value, Liability |  | 0 |  | 487,548
Derivative contracts, Assets |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Effect of Netting, Asset |  | (615,766) |  | (403,032)
Net Fair Value, Liability |  | 732,528 |  | 0
Cash equivalents |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Effect of Netting, Asset |  | 0 |  | 0
Net Fair Value, Asset |  | 261,512 |  |
Net Fair Value, Liability |  |  |  | 298,767
Level 1 | Derivative contracts, Liabilities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 0 |  |
Fair value, Liability gross |  |  |  | 0
Level 1 | Derivative contracts, Assets |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 0 |  | 0
Level 1 | Cash equivalents |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 261,512 |  | 298,767
Level 2 | Derivative contracts, Liabilities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 615,766 |  |
Fair value, Liability gross |  |  |  | 890,580
Level 2 | Derivative contracts, Assets |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 1,348,294 |  | 403,032
Level 2 | Cash equivalents |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 0 |  | 0
Level 3 | Derivative contracts, Liabilities |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 0 |  |
Fair value, Liability gross |  |  |  | 0
Level 3 | Derivative contracts, Assets |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | 0 |  | 0
Level 3 | Cash equivalents |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |
Fair Value of Derivative Assets, Gross, Current |  | $ 0 |  | $ 0

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