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SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION (Tables)
12 Months Ended
Dec. 31, 2022
Supplemental Cash Flow Elements [Abstract]  
SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

 

   2022   2021 
   Year Ended
December 31,
 
   2022   2021 
   (in thousands) 
Cash paid for interest  $500   $5 
           
Investing activities:          
Change in capital expenditure accruals   196    80 
Change in accrual for acquisition costs   (546)   546 
Common stock issued for acquisition of properties   64,694    - 
Assumption of commodity derivative liability in acquisition of properties   3,152    - 
Assumption of debt in acquisition of properties   3,347    - 
Assumption of suspense accounts in acquisition of properties   1,826    - 
Deferred tax liability from acquisition   2,819      
Addition of operating lease liability and right of use asset   953    82 
Prepaid rent liability netted with proceeds on sale of real estate   -    143 
Asset retirement obligations acquired   11,811    25 
Asset retirement obligations revisions, sold and plugged wells   

1,229

      
Financing activities:          
Issuance of stock for conversion of related party secured note payable and accrued interest   -    438 
Issuance of stock for settlement of related party legal costs   -    406 
Financing of insurance premiums with note payable   588    223