Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.22.0.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2021
FAIR VALUE MEASUREMENTS  
Schedule of valuation of assets and liabilities that are measured at fair value on a recurring basis

The following table summarizes the valuation of our assets and liabilities that are measured at fair value on a recurring basis (further detail in Note 8).

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Fair Value Measurement Classification

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Quoted prices in

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Active Markets

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Significant

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for Identical Assets

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Significant Other

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Unobservable

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or (Liabilities)

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Observable Inputs

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Inputs

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(Level 1)

    

(Level 2)

    

 (Level 3)

    

Total

As of December 31, 2020

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Commodity Derivatives - Liabilities

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$

—

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$

(4,156,601)

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$

—

​

$

(4,156,601)

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​

​

​

​

​

​

​

​

​

​

​

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Total

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$

—

​

$

(4,156,601)

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$

—

​

$

(4,156,601)

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​

​

​

​

​

​

​

​

​

​

​

​

As of December 31, 2021

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Commodity Derivatives - Liabilities

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$

—

​

$

(29,241,588)

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$

—

​

$

(29,241,588)

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​

​

​

​

​

​

​

​

​

​

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Total

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$

—

​

$

(29,241,588)

​

$

—

​

$

(29,241,588)