Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Components of Cash (Paid) Received for Commodity Derivative Settlements (Details)

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DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Components of Cash (Paid) Received for Commodity Derivative Settlements (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities        
Cash received (paid) for derivative settlements, net $ (2,594,497) $ 179,595 $ (4,056,012) $ (478,930)
Oil        
Cash flows from operating activities        
Cash received (paid) for derivative settlements, net (4,073,127) (833,841) (6,812,097) (1,497,603)
Natural Gas        
Cash flows from operating activities        
Cash received (paid) for derivative settlements, net $ 1,478,630 $ 1,013,436 $ 2,756,085 $ 1,018,673