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Accounts Payable and Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2024

Payables and Accruals [Abstract]

Schedule of accounts payable and accrued expenses

Schedule of accounts payable and accrued expenses
		June 30,				December 31,
		2024				2023
Accounts payable		$	6,702,091			$	5,226,071
Office access deposits			-				-
Unearned revenue			9,107,297				9,107,297
Accrued interest (various notes and loans payable)			209,962				178,999
Accrued interest (working interest royalty programs)			1,546,569				1,396,528
Accrued tax penalties and interest			741,094				669,747
Accounts payable and accrued expenses		$	18,307,013			$	16,578,642

Schedule of accounts payable and accrued expenses related parties

Schedule of accounts payable and accrued expenses related parties
		June 30,				December 31,
		2024				2023
Accounts payable- related parties		$	3,237,329			$	1,933,817
Accrued interest (notes payable)- related parties			4,723				-
Accounts payable and accrued expenses- related parties		$	3,242,052			$	1,933,817
Accrued compensation		$	834,448			$	1,968,063

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Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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