Annual report pursuant to Section 13 and 15(d)

ASSET RETIREMENT OBLIGATION (Tables)

v3.22.0.1
ASSET RETIREMENT OBLIGATION (Tables)
12 Months Ended
Dec. 31, 2021
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of asset retirement obligations
The following table is a reconciliation of the asset retirement obligation as of December 31, 2021 and 2020:
Asset Retirement Obligation
For the Years Ended December 31,
2021 2020
Beginning asset retirement obligation $ 8,762,579  $ 8,044,200 
Liabilities assumed —  — 
ARO accretion expense 40,546  461,713 
ARO disposed (8,803,125) — 
Revision in cash flow estimates —  256,666 
Ending asset retirement obligation $ —  $ 8,762,579