OILCF: the balance sheet

MyFinsight

For the quarter ending 2025-06-30, OILCF has $12,914,642 in assets. $10,985,036 in debts.

Unit: Dollar

Balance Sheets	2025-06-30
Property and equipment, net of accumulated depletion and depreciation	10,447,371
Cash	2,088,429
Trade and other receivables (net of allowance june 30, 2025 - nil september 30, 2024 - nil)	189,843
Prepaid expenses and deposits	113,999
Total current assets	2,392,271
Reclamation deposits	75,000
Total assets	12,914,642

Loans payable	160,936
Convertible debentures	3,594,362
Trade and other payables	4,791,847
Debt subscription proceeds	2,000,000
Total current liabilities	10,547,145
Asset retirement obligations	437,891
Total liabilities	10,985,036
Accumulated deficit	-20,292,686
Common stock, no par value per share unlimited shares authorized, 551,503 shares issued and outstanding as of june 30, 2025 and september 30, 2024	14,947,150
Additional paid-in capital	7,402,555
Accumulated other comprehensive loss	-127,413
Total stockholders equity	1,929,606
Total liabilities and stockholders equity	12,914,642