Oil and gas properties (successful efforts basis), real property and equipment and fixtures, net
6,064,088
5,893,716
5,774,178
5,878,626
Total assets
20,372,139
16,843,085
17,002,053
15,386,535
Accounts payable and accrued expenses
7,315,027
6,126,592
6,033,878
5,261,628
Royalties payable
611,833
611,833
611,833
611,833
Rmx resources, llc
23,087
23,087
23,087
23,087
Leases - current
-
-
102,238
-
Operating leases - current
58,447
80,337
-
100,179
Asset retirement obligation - current
1,012,500
1,012,500
1,012,500
1,012,500
Deferred drilling obligations
17,549,496
14,799,496
14,277,496
13,982,996
Total current liabilities
26,570,390
22,653,845
22,061,032
20,992,223
Asset retirement obligation
4,348,273
4,069,152
4,065,352
4,116,391
Notes payable - non-current
4,257,964
4,188,690
4,121,112
4,086,756
Operating leases - non-current
36,220
39,856
43,386
69,108
Accrued unpaid guaranteed payments
90,000
90,000
90,000
90,000
Accrued liabilities - non-current
12,386
12,386
12,386
12,386
Total liabilities
35,315,233
31,053,929
30,393,268
29,366,864
Common stock, 0.001 par value, 280,000,000 shares authorized and 96,600,302 shares issued and outstanding at june 30, 2026 and december 31, 2025, respectively
96,600
96,600
96,600
96,600
Additional paid in capital
81,159,422
81,078,554
81,078,554
81,078,554
Accumulated deficit
-96,199,116
-95,385,998
-94,566,369
-95,155,483
Total stockholders' deficit
-14,943,094
-14,210,844
-13,391,215
-13,980,329
Total liabilities, and stockholders deficit
20,372,139
16,843,085
17,002,053
15,386,535
Unit: Dollar. Numbers labeled with * are estimated quarterly values.
Time Plot
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