XML 152 R58.htm IDEA: XBRL DOCUMENT v3.24.2
Business Combination (Details) - Schedule of Acquisition in Purchase Price Allocation Depreciation and Amortization - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Purchase Price:    
Cash $ 31,074,127  
Side Letter payable 1,925,873 $ 1,925,873
Promissory note to Sellers of Pogo Business 15,000,000 15,000,000
10,000 HNRA Class A Common shares for Option Agreement 67,700 67,700
200,000 HNRA Class A Common shares 1,354,000 1,354,000
1,800,000 OpCo Class B Units 12,186,000 12,186,000
1,500,000 OpCo Preferred Units 21,220,594 21,220,594
Total purchase consideration 82,828,294 82,828,294
Purchase Price Allocation    
Cash 246,323 246,323
Accounts receivable 3,986,559 3,986,559
Prepaid expenses 368,371 368,371
Oil & gas reserves 93,809,392 93,809,392
Derivative assets 51,907 51,907
Accounts payable (2,290,475) (2,290,475)
Accrued liabilities and other (1,244,633) (1,244,633)
Revenue and royalties payable (775,154) (775,154)
Revenue and royalties payable, related parties (1,199,420) (1,199,420)
Short-term derivative liabilities (27,569) (27,569)
Deferred tax liabilities (8,528,772) (8,528,772)
Asset retirement obligations, net (893,235) (893,235)
Other liabilities (675,000) (675,000)
Net assets acquired $ 82,828,294 $ 82,828,294