Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

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ASSET RETIREMENT OBLIGATION (Tables)
3 Months Ended
Mar. 31, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of changes in asset retirement obligations asset retirement obligation during the three months ended March 31, 2024 is as follows:
Balance, December 31, 2023 $ 28,248,084 
Liabilities acquired — 
Liabilities incurred 168,848 
Liabilities sold — 
Liabilities settled (422,564)
Revision of estimate — 
Accretion expense 350,834 
Balance, March 31, 2024
$ 28,345,202 
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, 2024 December 31, 2023
Asset retirement obligations, current $ 36,318  $ 165,642 
Asset retirement obligations, non-current 28,308,884  28,082,442 
Asset retirement obligations $ 28,345,202  $ 28,248,084