Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

v3.23.1
ASSET RETIREMENT OBLIGATION (Tables)
3 Months Ended
Mar. 31, 2023
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of changes in asset retirement obligations Changes in the asset retirement obligation were as follows:
Balance, December 31, 2022 $ 30,226,306 
Liabilities incurred 95,062 
Liabilities settled (428,357)
Revision of estimate — 
Accretion expense 365,847 
Balance, March 31, 2023 $ 30,258,858 
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.
March 31, 2023 December 31, 2022
Asset retirement obligations, current 635,843  635,843 
Asset retirement obligations, non-current 29,623,015  29,590,463 
Asset retirement obligations $ 30,258,858  $ 30,226,306