Morgan EP, LLC (Details Narrative) - Morgan E&P, Inc. [Member] $ in Thousands |
1 Months Ended | 3 Months Ended | 6 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|
|
Feb. 29, 2024
USD ($)
|
Sep. 26, 2023
a
|
May 31, 2023
USD ($)
|
May 22, 2023
a
|
Dec. 31, 2024
USD ($)
|
Jun. 30, 2024
a
|
Dec. 31, 2023 |
Jun. 30, 2025
USD ($)
|
Jun. 30, 2024
USD ($)
|
|
| Bonus depreciation for qualified property | 10.00% | ||||||||
| Secured loan facility | $ 3,000 | ||||||||
| Acquisition of land | a | 1,100 | 4,747.52 | 810 | ||||||
| Working interest received | 20.00% | ||||||||
| Cost of drilling | 8,200 | ||||||||
| Purchase and sale agreement description | Morgan sold certain of its wellbore interest in its initial 2 wells to a third party for $5.6 million in cash in exchange for a net revenue interest of approximately 27% in these wells | ||||||||
| Acquired carried working interest | $ 2,400 | ||||||||
| Senior debt financing amount | $ 10,000 | ||||||||
| Increased debt financing total amount | $ 10,500 | ||||||||
| Depletion & amortization cost of oil and gas properties | $ 20 | $ 1,400 | |||||||