DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of components of Gain (loss) on derivative contracts (Details) - USD ($) |
3 Months Ended | |
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Mar. 31, 2022 |
Mar. 31, 2021 |
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(Loss) on derivative contracts | $ (27,596,141) | $ (31,588,639) |
Oil | ||
(Loss) on derivative contracts | $ (27,596,141) | (31,389,950) |
Natural Gas | ||
(Loss) on derivative contracts | $ (198,689) |
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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