XML 64 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

ACCRUED EXPENSES (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2021 | Dec. 31, 2020
Payables and Accruals [Abstract] |  |
SCHEDULE OF ACCRUED EXPENSES | SCHEDULE OF ACCRUED EXPENSES
|  | June 30, 2021 |  |  | December 31, 2020 |
|  |  | (Unaudited) |  |  |  |  |
Accrued interest |  | $ | 144,440 |  |  | $ | 133,215 |
Accrued operating expenses (i) |  |  | 748,443 |  |  |  | 296,156 |
Total |  | $ | 892,883 |  |  | $ | 429,371 |
(i) | Accrued operating expenses are mainly due to unbilled transactions from vendors related to the operations under the current Kruh Block Joint Operation Partnership with Pertamina, the Indonesian state-owned oil and gas company (“Pertamina”), which runs until May 2030 (the “KSO”).
| Accrued expenses are comprised as follows: SCHEDULE OF ACCRUED EXPENSES
|  | 2020 |  |  | 2019 |
|  | As of December 31, |
|  | 2020 |  |  | 2019 |
Accrued interest |  | $ | 133,215 |  |  | $ | 106,563 |
Accrued operating expenses |  |  | 296,156 |  |  |  | 469,823 |
Total |  | $ | 429,371 |  |  | $ | 576,386 |

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration