Quarterly report [Sections 13 or 15(d)]

ASSET RETIREMENT OBLIGATION (Tables)

v3.25.3
ASSET RETIREMENT OBLIGATION (Tables)
9 Months Ended
Sep. 30, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Changes in Asset Retirement Obligations A reconciliation for the asset retirement obligation during the nine months ended September 30, 2025 is as follows:
Balance, December 31, 2024 $ 26,382,517 
Liabilities acquired 2,721,571 
Liabilities incurred 77,323 
Liabilities sold (65,129)
Liabilities settled (218,254)
Accretion expense 1,099,363 
Balance, September 30, 2025
$ 29,997,391 
Schedule of Current and Non-Current Asset Retirement Obligations
The following table presents the Company's current and non-current asset retirement obligation balances as of the periods specified.
September 30, 2025 December 31, 2024
Asset retirement obligations, current $ 418,526  $ 517,674 
Asset retirement obligations, non-current 29,578,865  25,864,843 
Asset retirement obligations $ 29,997,391  $ 26,382,517