Prairie Operating (PROP) 10-Q 8 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - $ / shares	9 Months Ended
	Sep. 30, 2024	Nov. 07, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-41895
Entity Registrant Name	Prairie Operating Co.
Entity Central Index Key	0001162896
Entity Tax Identification Number	98-0357690
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	55 Waugh Drive
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77007
City Area Code	(713)
Local Phone Number	424–4247
Title of 12(b) Security	Common stock, $0.01 par value
Trading Symbol	PROP
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		22,918,763
Entity Listing, Par Value Per Share	$ 0.01

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)		Sep. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 40,052,362	$ 13,036,950
Note receivable		507,651
Prepaid expenses and other current assets		267,365	171,486
Financing receivable		16,250,000
Current assets – discontinued operations			322,655
Total current assets		57,077,378	13,531,091
Property and equipment:
Oil and natural gas properties, successful efforts method of accounting including $42,061,414 and $28,705,404 excluded from amortization as of September 30, 2024 and December 31, 2023, respectively		42,061,414	28,705,404
Other		93,849
Less: Accumulated depreciation, depletion, and amortization		(711)
Total property and equipment, net	[1]	42,154,552	28,705,404
Deposits on oil and natural gas property purchases		6,382,314
Operating lease assets		1,063,659	155,253
Note receivable – non–current		239,249
Deferred transaction costs		229,756	108,956
Other non–current assets		27,816
Non–current assets – discontinued operations			3,182,307
Total assets		107,174,724	45,683,011
Current liabilities:
Accounts payable and accrued expenses		22,545,465	5,374,494
Senior convertible note, net		14,250,000
Subordinated promissory note – related party		5,281,141
Warrant liabilities – related party		2,758,206
Operating lease liabilities – current		177,722	41,890
Total current liabilities		45,012,534	5,416,384
Long–term liabilities:
Operating lease liabilities		875,105	93,816
Total long–term liabilities		875,105	93,816
Total liabilities		45,887,639	5,510,200
Commitments and contingencies (Note 10)
Stockholders’ equity:
Common stock; $0.01 par value; 500,000,000 shares authorized, and 22,918,763 and 9,826,719 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively		229,188	98,267
Additional paid–in capital		168,886,525	118,927,814
Accumulated deficit		(107,828,773)	(78,853,677)
Total stockholders’ equity		61,287,085	40,172,811
Total liabilities and stockholders’ equity		107,174,724	45,683,011
Series D Preferred Stock [Member]
Stockholders’ equity:
Preferred stock value		145	206
Series E Preferred Stock [Member]
Stockholders’ equity:
Preferred stock value			$ 200
[1]The Company’s property and equipment balance as of September 30, 2024 does not include the assets acquired in the NRO Acquisition, as the acquisition did not close until October 1, 2024. Refer to Note 2 – Acquisitions and Merger

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Drilling cost amount excluded from amortization	$ 42,061,414	$ 28,705,404
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	22,918,763	9,826,719
Common stock, shares outstanding	22,918,763	9,826,719
Series D Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000	50,000
Preferred stock, shares issued	14,457	20,627
Preferred stock, shares outstanding	14,457	20,627
Series E Preferred Stock [Member]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000	50,000
Preferred stock, shares issued	0	20,000
Preferred stock, shares outstanding	0	20,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue
Operating costs and expenses:
Depreciation, depletion, and amortization	711		711
General and administrative expenses	8,790,368	6,314,951	24,905,341	9,236,815
Exploration expenses	25,320		523,785
Total operating costs and expenses	8,816,399	6,314,951	25,429,837	9,236,815
Loss from operations	(8,816,399)	(6,314,951)	(25,429,837)	(9,236,815)
Other income (expenses):
Interest income	431,593	85,166	538,833	128,202
Interest expense		(67,744)		(111,463)
Loss on issuance of debt	(3,039,347)		(3,039,347)
Loss on adjustment to fair value – Warrant Liabilities		(24,855,085)		(24,855,085)
Loss on adjustment to fair value – AR Debentures		(2,141,000)		(2,882,000)
Loss on adjustment to fair value – Obligation Shares		(770,918)		(1,477,103)
Liquidated damages		(173,763)		(173,763)
Total other expenses	(2,607,754)	(27,923,344)	(2,500,514)	(29,371,212)
Loss from operations before provision for income taxes	(11,424,153)	(34,238,295)	(27,930,351)	(38,608,027)
Provision for income taxes
Net loss from continuing operations	(11,424,153)	(34,238,295)	(27,930,351)	(38,608,027)
Loss from discontinued operations, net of taxes		(177,446)	(1,044,745)	(17,018,910)
Net loss from discontinued operations		(177,446)	(1,044,745)	(17,018,910)
Net loss	$ (11,424,153)	$ (34,415,741)	$ (28,975,096)	$ (55,626,937)
Loss per share from continuing operations, basic	$ (0.68)	$ (5.22)	$ (2.16)	$ (10.97)
Loss per share from continuing operations, diluted	(0.68)	(5.22)	(2.16)	(10.97)
Loss per share from discontinued operations, basic		(0.03)	(0.08)	(4.83)
Loss per share from discontinued operations, diluted		(0.03)	(0.08)	(4.83)
Loss per share, basic	(0.68)	(5.24)	(2.24)	(15.80)
Loss per share, diluted	$ (0.68)	$ (5.24)	$ (2.24)	$ (15.80)
Weighted average common shares outstanding, basic	16,770,372	6,565,134	12,938,342	3,520,843
Weighted average common shares outstanding, diluted	16,770,372	6,565,134	12,938,342	3,520,843

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Equity/Members' Deficit (Unaudited) - USD ($)	Members' Deficit [Member]	Preferred Stock [Member] Series D Preferred Stock [Member]	Preferred Stock [Member] Series E Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2022	$ (381,520)
Balance, shares at Dec. 31, 2022
Net loss	(64,392)
Balance at Mar. 31, 2023	(445,912)
Balance, shares at Mar. 31, 2023
Balance at Dec. 31, 2022	(381,520)
Balance, shares at Dec. 31, 2022
Net loss							$ (55,626,937)
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares
Balance at Sep. 30, 2023				$ 70,747	(8,716,827)	(55,401,751)	$ (64,047,831)
Balance, shares at Sep. 30, 2023				7,074,668
Balance at Mar. 31, 2023	(445,912)
Balance, shares at Mar. 31, 2023
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	(160,793)
Conversion of membership interests	606,705			$ 22,977	(629,682)		(606,705)
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger				38,609	9,889,653		9,928,262
Issuance of Series D Preferred Stock		174			16,447,475		16,447,649
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities		44			3,209,152		3,209,196
Balance at May. 03, 2023	(445,912)
Balance, shares at May. 03, 2023
Balance at Mar. 31, 2023	(445,912)
Balance, shares at Mar. 31, 2023
Conversion of membership interests, shares				2,297,668
Issuance of common stock to former stockholders of Creek Road Miners upon Merger, shares				3,860,917
Issuance of Series D Preferred Stock, shares		17,376
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares		4,423
Balance at Jun. 30, 2023		$ 218		$ 61,586	28,916,598	(20,986,010)	7,992,392
Balance, shares at Jun. 30, 2023		21,799		6,158,585
Balance at May. 03, 2023	(445,912)
Balance, shares at May. 03, 2023
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest						(20,986,010)	(20,986,010)
Balance at Jun. 30, 2023		$ 218		$ 61,586	28,916,598	(20,986,010)	7,992,392
Balance, shares at Jun. 30, 2023		21,799		6,158,585
Stock based compensation					927,221		927,221
Net loss						(34,415,741)	(34,415,741)
Issuance of Common Stock and warrants in conjunction with purchase of Exok Option assets				$ 6,705	7,282,787		7,289,492
Issuance of common stock and warrants in conjunction with purchase of Exok Option assets, shares				670,499
Issuance of Series E Preferred Stock, warrants, and Common Stock			$ 200	$ 396	19,833,811		19,834,407
Issuance of Series E Preferred Stock, warrants, and common stock, shares			20,000	39,614
Reclassification (Note 12)		$ (218)	$ (200)		(65,726,280)		(65,726,698)
Reclassification (Note 12), shares		(21,799)	(20,000)
Reclassification (Note 12)					(520,916)		(520,916)
Issuance of Obligation Shares				$ 2,060	2,004,681		2,006,741
Issuance of Obligation Shares, shares				205,970
Reclassification (Note 12)					(1,434,730)		(1,434,730)
Balance at Sep. 30, 2023				$ 70,747	(8,716,827)	(55,401,751)	(64,047,831)
Balance, shares at Sep. 30, 2023				7,074,668
Balance at Dec. 31, 2023		$ 206	$ 200	$ 98,267	118,927,814	(78,853,677)	40,172,811
Balance, shares at Dec. 31, 2023		20,627	20,000	9,826,719
Conversion of Series D Preferred Stock		$ (12)		$ 2,450	(2,438)
Conversion of Series D preferred stock, shares		(1,225)		245,000
Issuance of Common Stock upon warrant exercise				$ 7,437	4,454,222		4,461,659
Issuance of common stock upon warrant exercise, shares				743,610
Stock based compensation					2,066,682		2,066,682
Net loss						(9,037,284)	(9,037,284)
Balance at Mar. 31, 2024		$ 194	$ 200	$ 108,153	125,446,282	(87,890,961)	37,663,868
Balance, shares at Mar. 31, 2024		19,402	20,000	10,815,329
Balance at Dec. 31, 2023		$ 206	$ 200	$ 98,267	118,927,814	(78,853,677)	40,172,811
Balance, shares at Dec. 31, 2023		20,627	20,000	9,826,719
Net loss							$ (28,975,096)
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares
Balance at Sep. 30, 2024		$ 145		$ 229,188	168,886,525	(107,828,773)	$ 61,287,085
Balance, shares at Sep. 30, 2024		14,457		22,918,763
Balance at Mar. 31, 2024		$ 194	$ 200	$ 108,153	125,446,282	(87,890,961)	37,663,868
Balance, shares at Mar. 31, 2024		19,402	20,000	10,815,329
Conversion of Series D Preferred Stock		$ (29)		$ 5,791	(5,762)
Conversion of Series D preferred stock, shares		(2,895)		579,090
Issuance of Common Stock upon warrant exercise				$ 8,361	5,008,373		5,016,734
Issuance of common stock upon warrant exercise, shares				836,130
Stock based compensation					1,384,093		1,384,093
Net loss						(8,513,658)	(8,513,658)
Issuance of Common Stock related to stock based compensation				$ 3,343	(3,343)
Issuance of common stock related to stock based compensation, shares				334,312
Balance at Jun. 30, 2024		$ 165	$ 200	$ 125,649	131,829,643	(96,404,620)	35,551,037
Balance, shares at Jun. 30, 2024		16,507	20,000	12,564,861
Conversion of Series D Preferred Stock		$ (20)		$ 4,100	(4,080)
Conversion of Series D preferred stock, shares		(2,050)		410,000
Issuance of Common Stock upon warrant exercise				$ 40,100	24,019,900		24,060,000
Issuance of common stock upon warrant exercise, shares				4,010,000
Stock based compensation					2,384,564		2,384,564
Net loss						(11,424,153)	(11,424,153)
Issuance of Common Stock related to stock based compensation				$ 69	(69)
Issuance of common stock related to stock based compensation, shares				6,862
Conversion of Series E Preferred Stock			$ (200)	$ 40,000	(39,800)
Conversion of Series E preferred stock, shares			(20,000)	4,000,000
Issuance of Common Stock to fund NRO Acquisition, net of issuance costs				$ 18,270	10,097,367		10,115,637
Issuance of common stock to fund NRO Acquisition, net of issuance costs, shares				1,827,040
Issuance of Common Stock for SEPA commitment fee				$ 1,000	599,000		600,000
Issuance of Common Stock for SEPA commitment fee, shares				100,000
Balance at Sep. 30, 2024		$ 145		$ 229,188	$ 168,886,525	$ (107,828,773)	$ 61,287,085
Balance, shares at Sep. 30, 2024		14,457		22,918,763

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net loss from continuing operations	$ (27,930,351)	$ (38,608,027)
Adjustment to reconcile net loss to net cash used in operating activities:
Stock based compensation	5,835,339	927,221
Depreciation, depletion, and amortization	711
Non-cash SEPA commitment fee	600,000
Loss on issuance of debt	3,039,347
Loss on adjustment to fair value – Warrant Liabilities		24,855,085
Loss on adjustment to fair value – AR Debentures		2,882,000
Loss on adjustment to fair value – Obligation Shares		1,477,103
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	(95,879)	(208,044)
Accounts payable and accrued expenses	12,453,329	464,002
Accrued interest and expenses – related parties		27,916
Other assets and liabilities	(19,103)
Net cash used in continuing operating activities	(6,116,607)	(8,182,744)
Net cash provided by discontinued operations	460,217	244,818
Net cash used in operating activities	(5,656,390)	(7,937,926)
Cash flows from investing activities:
Deposit on Nickel Road asset purchase	(9,000,000)
Return of Nickel Road asset purchase deposit	3,000,000
Deposit on other oil and natural gas properties purchase	(382,314)
Investments in oil and natural gas properties	(8,638,366)
Purchases of other property and equipment	(93,849)
Acquisition of unproved oil and natural gas properties		(21,116,528)
Cash received from sale of cryptocurrency miners	1,000,000
Cash received from payment on note receivable related to sale of cryptocurrency miners	253,100
Transaction expenses paid related to Nickel Road asset purchase	(120,799)
Cash acquired in connection with the Merger		42,360
Transaction expenses paid related to the Merger		(308,452)
Net cash used in continuing investing activities	(13,982,228)	(21,382,620)
Net cash used in discontinued investing activities		(169,097)
Net cash used in investing activities	(13,982,228)	(21,551,717)
Cash flows from financing activities:
Proceeds from the issuance of Common Stock	15,000,000
Financing costs associated with issuance of Common Stock	(4,884,363)
Proceeds from the issuance of the Subordinated Promissory Note – related party	3,000,000
Proceeds from the exercise of Series D and E Preferred Stock warrants	33,538,393
Proceeds from the issuance of Series D Preferred Stock and warrants		17,376,250
Financing costs associated with the issuance of Series D Preferred Stock		(409,048)
Proceeds from the issuance of Series E Preferred Stock and warrants		20,000,000
Financing costs associated with the issuance of Series E Preferred Stock		(165,593)
Payments on long-term debt		(150,000)
Net cash provided by continuing financing activities	46,654,030	36,651,609
Net cash provided by discontinued financing activities
Net cash provided by financing activities	46,654,030	36,651,609
Net increase in cash and cash equivalents	27,015,412	7,161,966
Cash and cash equivalents, beginning of period	13,036,950	79,845
Cash and cash equivalents, end of period	$ 40,052,362	$ 7,241,811

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended					9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure [Table]
Net Income (Loss)	$ (11,424,153)	$ (8,513,658)	$ (9,037,284)	$ (34,415,741)		$ (28,975,096)	$ (55,626,937)

Insider Trading Arrangements

Insider Trading Arrangements	9 Months Ended
	Sep. 30, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization, Description of Bu

Organization, Description of Business, and Basis of Presentation	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Organization, Description of Business, and Basis of Presentation	Organization, Description of Business, and Basis of Presentation Organization and Description of Business Prairie Operating Co. (individually or together with its subsidiaries, the “Company”) is an independent energy company engaged in crude oil, natural gas and natural gas liquids (“NGLs”) development, exploration and production (“E&P”). The Company currently holds acreage in the Denver–Julesburg Basin (the “DJ Basin”) of Colorado that it intends to develop. In addition to growing production through its drilling operations, the Company also seeks to grow its business through accretive acquisitions, such as the acquisition of the Genesis Bolt–on Assets (as defined herein) in February 2024 and the NRO Acquisition (as defined herein), which closed in October 2024. Refer to Note 4 – Acquisitions and Merger Previously, the Company focused on cryptocurrency mining until the sale of its cryptocurrency miners in January 2024. The Company’s cryptocurrency mining operations commenced on May 3, 2023 concurrent with the Merger (as defined herein). Prior to January 2024, all of the Company’s revenue was generated through its cryptocurrency mining activities from assets that were acquired in the Merger. Upon the closing of the Crypto Sale (as defined herein), the Company exited the cryptocurrency mining business. All results and activities from these assets and operations have been classified as discontinued operations in the Company’s condensed consolidated financial statements. Refer to Note 3 – Discontinued Operations Merger Agreement and Related Transactions On May 3, 2023, the Company completed its merger with Prairie Operating Co., LLC, a Delaware limited liability company (“Prairie LLC”), pursuant to the terms of the Amended and Restated Agreement and Plan of Merger, dated as of May 3, 2023 (the “Merger Agreement,” and the closing thereunder, the “Closing”), by and among the Company, Creek Road Merger Sub, LLC (“Merger Sub”), and Prairie LLC, pursuant to which, among other things, Merger Sub merged with and into Prairie LLC, with Prairie LLC surviving and continuing to exist as a Delaware limited liability company and a wholly-owned subsidiary of the Company (the “Merger”). Upon consummation of the Merger, the Company changed its name from “Creek Road Miners, Inc.” to “Prairie Operating Co.” On October 16, 2023, the Company effected a reverse stock split at an exchange ratio of 1:28.5714286 Upon the Merger, membership interests in Prairie LLC were converted into the right to receive each member’s pro rata share of 2,297,668 0.01 Note 4 – Acquisitions and Merger Accordingly, for accounting purposes, the financial statements of the Company represent a continuation of the financial statements of Prairie LLC with the acquisition being treated as the equivalent of Prairie LLC issuing stock for the net assets of the Company. At the date of the Merger, the assets and liabilities of the Company were recorded based upon relative fair values, with no goodwill or other intangible assets recorded. Basis of Presentation and Consolidation The accompanying condensed consolidated financial statements included in this Quarterly Report present the Company’s financial position, results of operations, and cash flows for the periods presented in accordance with GAAP and the accounts of the Company and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The Company owns 100 The condensed consolidated financial statements as of September 30, 2024 and for the three and nine months ended September 30, 2024 and 2023 are unaudited. The condensed consolidated financial statements as of December 31, 2023 were derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10–K/A for the fiscal year ended December 31, 2023. Certain disclosures have been condensed or omitted from these condensed financial statements; however, management believes the disclosures are adequate to make the information not misleading. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and related note disclosures included in the Company’s Annual Report on Form 10-K/A for the fiscal year ended December 31, 2023. Liquidity Analysis During the three and nine months ended September 30, 2024, the Company had a net loss of $ 11.4 29.0 40.1 12.1 107.8 On September 30, 2024, the Company entered into the SEPA (as defined herein), a Subordinated Note (as defined herein), and a Senior Convertible Note (as defined herein). The Company closed the NRO Acquisition on October 1, 2024, using cash on hand, the proceeds from the issuance of Common Stock, and a portion of the proceeds from the issuance of the Senior Convertible Note. The Company expects to use the remainder of the Senior Convertible Note proceeds, the Subordinated Note proceeds, as well as any future proceeds from the SEPA to fund its drilling program and other working capital requirements. Refer to Note 8 – Debt Note 12 – Common Stock The assessment of liquidity requires management to make estimates of future activity and judgments about whether the Company can meet its obligations and has adequate liquidity to operate. Significant assumptions used in the Company’s forecasted model of liquidity in the next 12 months include its current cash position and ability to manage spending. Based on an assessment of these factors, management expects that the Company’s cash balance and expected revenues from its existing producing wells will not be sufficient to meet its obligations over the next twelve months. Management plans to obtain additional financing through public or private capital markets, including potentially through reserve-based lending arrangements, and views its plans as probable of being successfully implemented based on the value of its proved developed reserves acquired in the NRO Acquisition, the value of its outstanding Common Stock warrants, and its ability to issue additional Common Stock in public or private transactions, including the SEPA, as discussed above. Based on these plans, substantial doubt about the Company’s ability to continue as a going concern does not exist. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from these estimates. These estimates and assumptions include estimates for reserves of credit losses, accruals for potential liabilities, estimates and assumptions made in valuing assets and debt instruments issued in the Merger, the valuation of the Senior Convertible Note, the Subordinated Note, and warrants issued in the third quarter of 2024, discussed further in Note 8 – Debt Segments The Company currently operates in one industry segment, which is the acquisition and development of crude oil, natural gas, and NGLs. All of the Company’s operations are conducted in the continental United States.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The Company has provided a full discussion of its significant accounting policies, estimates, and judgments in Note 2 – Summary of Significant Accounting Policies in its Annual Report on Form 10–K/A for the fiscal year ended December 31, 2023. The Company has not changed any of its significant accounting policies during the nine months ended September 30, 2024, however, it did apply the discontinued operations guidance to account for the sale of its cryptocurrency miners in January 2024. Refer to Note 3 – Discontinued Operations Concentration of Credit Risk The Company’s financial instruments, which consist of cash and cash equivalents, are potentially subject to concentrations of credit risk. The Company places its cash with high quality financial institutions and at times may exceed the FDIC $ 250,000 Income Taxes The Company accounts for income taxes using the asset and liability method whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their respective tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. As of September 30, 2024, the Company had a full valuation allowance to offset its net deferred tax assets. Liabilities at Fair Value As discussed in Note 8 – Debt Note 12 – Common Stock Note 5 – Fair Value Measurements Earnings (Loss) Per Common Share The two–class method of computing earnings per share is required for entities that have participating securities. The two–class method is an earnings allocation formula that determines earnings per share for participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings. The Company’s Series D Preferred Stock and Series E Preferred Stock (each as defined herein) are participating securities. These participating securities do not have a contractual obligation to share in the Company’s losses. Therefore, in periods of net loss, no portion of such losses are allocated to participating securities. Basic earnings (loss) per common share (“EPS”) is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of Common Stock outstanding each period. Dilutive EPS is calculated by dividing adjusted net income (loss) attributable to common stockholders by the weighted average number of shares of Common Stock outstanding each period, which includes the effect of potentially dilutive securities. Potentially dilutive securities for the diluted EPS calculation consists of (i) Series D Preferred Stock, (ii) Series E Preferred Stock, (iii) warrants to purchase Common Stock, and (iv) exercisable Common Stock options. Diluted EPS reflects the dilutive effect of the participating securities using the two–class method or the treasury stock method, whichever is more dilutive. Basic and diluted earnings (loss) attributable to common stockholders is the same for the three and nine months ended September 30, 2024 and 2023 because the Company has only incurred losses and all potentially dilutive securities are anti–dilutive. The following table presents the potentially dilutive securities which were not included in the computation of diluted earnings (loss) attributable to common stockholders for the three and nine months ended September 30, 2024 because their inclusion would be anti–dilutive: Schedule of Anti-dilutive Securities Excluded from Earnings Per Share Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Merger Options, restricted stock units, and performance stock units (1) 9,050,909 $ — $ — $ — 1,050,909 Common stock warrants 228,004,372 — — — 9,064,951 Series D Preferred Stock 14,457 1,000 14,456,680 5.00 2,891,336 Senior Convertible Note (2) — — 15,750,000 7.79 2,021,823 Total - - - - 15,029,018 (1) Not exercisable or vested as of September 30, 2024. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation (2) Reflects the conversion option of the $ 15.0 105 Note 8 – Debt Note 12 – Common Stock for a discussion of the SEPA. The following table presents the potentially dilutive securities which were not included in the computation of diluted earnings (loss) attributable to common stockholders for the three and nine months ended September 30, 2023 because their inclusion would be anti–dilutive: Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Common stock options and restricted stock units (1) 8,641,176 $ — $ — $ — 641,176 Common stock warrants 447,855,367 — — — 15,674,938 AR Debentures — — 2,000,000 5.00 400,000 Series D Preferred Stock 21,799 1,000 21,799,000 5.00 4,359,850 Series E Preferred Stock 20,000 1,000 20,000,000 5.00 4,000,000 Total - - - - 25,075,964 (1) Not exercisable or vested as of September 30, 2023. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation Supplemental Disclosures of Cash Flow Information The following table presents non–cash investing and financing activities and supplemental cash flow disclosures relating to the cash paid for interest and income taxes for the periods presented: Schedule of Non-cash Investing And Financing Activities And Supplemental Cash Flow Disclosures Nine Months Ended September 30, 2024 2023 Non–cash investing and financing activities: Common Stock issued upon conversion of Series D Preferred Stock $ 6,170,450 $ — Common Stock issued upon conversion of Series E Preferred Stock $ 20,000,000 $ — Capital expenditures included in accrued liabilities $ (4,717,644 ) $ — Proceeds from Senior Convertible Note issuance not yet received, net of original issuance discount (1) $ 14,250,000 $ — Proceeds from Subordinated Note issuance not yet received – related party (1) $ 2,000,000 $ — Common Stock issued for SEPA commitment fee (2) $ 600,000 $ — Cryptocurrency mining equipment and deposits acquired in the Merger $ — $ 20,760,560 Secured convertible debentures assumed in the Merger $ — $ 1,981,000 SBA loan payable acquired assumed in the Merger $ — $ 150,000 Membership interests converted into shares of Common Stock $ — $ (606,705 ) Common Stock issued at Merger $ — $ 9,928,262 Series D Preferred Stock issued at Merger $ — $ 3,209,196 Common Stock and warrants issued in Exok option acquisition $ — $ 7,289,492 Common Stock issued in satisfaction of share issuance obligation $ — $ 2,006,741 Deferred transaction costs capitalized to oil and natural gas properties $ — $ 189,031 Deferred transaction costs associated with financing $ — $ 519,533 Supplemental disclosure: Cash paid for income taxes $ — $ — Cash paid for interest $ — $ 57,101 (1) Proceeds from the issuance of the Senior Convertible Note and the Subordinated Note were not received until October 1, 2024. Therefore, the Company recorded the unreceived proceeds as Financing receivable as of September 30, 2024. Refer to Note 8 – Debt (2) Pursuant to the SEPA, the Company issued 100,000 Note 12 – Common Stock Recently Issued Accounting Pronouncements Recent accounting pronouncements issued by the Financial Accounting Standards Board, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations On January 23, 2024, the Company sold all of its cryptocurrency miners (the “Mining Equipment”) for consideration consisting of (i) $ 1.0 1.0 (a) 20% of the monthly net revenues received by the buyer associated with or otherwise attributable to the Mining Equipment until the aggregate amount of such payments equals $250,000 and (b) thereafter, 50% of the monthly net revenues received by the buyer associated with or otherwise attributable to the Mining Equipment until the aggregate amount of such payments equals the Deferred Purchase Price, plus accrued interest, (collectively, the “Crypto Sale”). 0.5 0.2 1.1 The Company has presented the related assets and liabilities associated with discontinued operations separately as discontinued operations on its condensed consolidated balance sheets as of September 30, 2024 and December 31, 2023. The following table presents the major classes of assets included as part of discontinued operations in the Company’s condensed consolidated balance sheets for the periods indicated: Schedule of Assets and Liabilities Associated Discontinued Operations in Financial Statements September 30, 2024 December 31, 2023 Accounts receivable $ — $ 322,655 Property and equipment, net — 3,182,307 Total assets – discontinued operations $ — $ 3,504,962 Additionally, the Company has presented the financial results associated with discontinued operations separately as discontinued operations on its condensed consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023 and its condensed consolidated statements of cash flows for the nine months ended September 30, 2024 and 2023. The following table presents the major classes of line items constituting the loss from discontinued operations on the Company’s condensed consolidated statements of operations and condensed consolidated statements of cash flows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cryptocurrency mining revenue $ — $ 457,951 $ 192,625 $ 637,269 Cryptocurrency mining costs — (209,929 ) (55,063 ) (303,172 ) Depreciation and amortization — (425,468 ) (102,210 ) (558,319 ) Impairment of cryptocurrency mining equipment — — — (16,794,688 ) Loss from sale of cryptocurrency mining equipment — — (1,080,097 ) — Loss from discontinued operations before income taxes — (177,446 ) (1,044,745 ) (17,018,910 ) Provision for income taxes — — — — Net loss from discontinued operations $ — $ (177,446 ) $ (1,044,745 ) $ (17,018,910 )

Acquisitions and Merger

Acquisitions and Merger	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Acquisitions and Merger	Acquisitions and Merger NRO Acquisition On January 11, 2024, the Company entered into an asset purchase agreement (the “NRO Agreement”) with Nickel Road Development LLC, Nickel Road Operating, LLC, (“NRO”) and Prairie LLC to acquire certain assets owned by NRO (the “Central Weld Assets”) for total consideration of $ 94.5 83.0 11.5 9.0 On August 15, 2024, the Company and NRO agreed to amend certain terms of the NRO Agreement, pursuant to which the total consideration of the NRO Acquisition was reduced to $ 84.5 6.0 3.0 On October 1, 2024, the Company closed the NRO Acquisition and paid $ 49.6 Note 8 – Debt Note 12 – Common Stock The NRO Acquisition is expected to be accounted for as an asset acquisition in accordance with ASC Topic 805 - Accounting for Business Combinations. The estimated fair value of the consideration paid by the Company and the allocation of that amount to the underlying assets acquired, on a relative fair value basis, is expected to be recorded on the Company’s books as of October 1, 2024, the closing date of the NRO Acquisition. Additionally, costs directly related to the NRO Acquisition are expected to be capitalized as a component of the Purchase Price. Genesis Bolt–on Acquisition On February 5, 2024, the Company acquired a 1,280–acre drillable spacing unit and eight proved undeveloped drilling locations in the DJ Basin (the “Genesis Bolt–on Assets”) from a private seller for $ 0.9 Initial Genesis Asset Acquisitions Upon closing of the Merger, the Company consummated the purchase of oil and gas leases from Exok, Inc. (“Exok”), including all of Exok’s right, title, and interest in, to and under certain undeveloped oil and gas leases located in Weld County, Colorado, together with certain other associated assets, data, and records, for $ 3.0 On August 15, 2023, Prairie LLC exercised the option it acquired in the Exok Transaction and purchased additional oil and gas leases from Exok, consisting of approximately 20,328 32,695 25.3 18.0 670,499 670,499 7.43 Note 13 – Common Stock Options and Warrants Merger with Creek Road Miners, Inc. Under the terms of the Merger, the Company issued 2,297,668 4,423 12 Note 8 – Debt The purchase price was calculated based on the fair value of Common Stock that the Company’s stockholders, immediately prior to the Merger, owned after the Merger, and the fair value of the Series D Preferred Stock issued to the holders of the AR Debentures. Since there was no active trading market for the membership interests of Prairie LLC, the fair value of the Company’s Common Stock represented a more reliable measure of the fair value of consideration transferred in the Merger. The Company’s Common Stock was based upon a quoted price in an active market, which is considered a Level 1 fair value input. The fair value of the 4,423 The following table presents the total purchase price on May 3, 2023, the closing date of the Merger: Schedule of Total Purchase Price Number of shares of Common Stock of the combined company owned by the Company’s stockholders immediately prior to the merger (1) 3,860,898 Multiplied by the fair value per share of Common Stock (2) $ 2.57 Fair value of the Company’s pre–Merger Common Stock 9,928,262 Number of shares of Series D Preferred Stock issued to effectuate the Merger 4,423 Multiplied by the fair value per share (3) $ 725.57 Fair value of Series D Preferred Stock issued as consideration 3,209,196 Prairie LLC Transaction costs (4) 2,032,696 Purchase price $ 15,170,154 (1) Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023. (2) Based on the last reported sale price of Common Stock on OTC Capital Markets on May 3, 2023, the closing date of the Merger. (3) Fair value calculated as described above on May 3, 2023. (4) Prairie LLC transaction costs consist primarily of legal expenses incurred by Prairie LLC. The transaction costs have been reflected as an increase in the purchase price. The purchase price for the Merger was allocated to the net assets acquired on the basis of their relative fair values. The fair values of the current assets acquired and current liabilities (excluding the convertible debentures) assumed in the Merger were determined to approximate carrying value due to their short–term nature. The fair value of the mining equipment was determined using estimated replacement values of the same or similar equipment and, as such, are considered Level 3 inputs in the fair value hierarchy. The fair value of the secured convertible debentures was calculated as described above. The fair value of the share issuance liability was calculated based on the quoted price of the Company’s Common Stock and, as such, is considered a Level 1 measurement on the fair value hierarchy. The following table presents the allocation of the purchase price to the net assets acquired on May 3, 2023, the closing date of the Merger: Schedule of Allocation of Purchase Price to Net Assets Acquired Purchase Price Allocation: May 3, 2023 Cash and cash equivalents $ 42,360 Accounts receivable 8,014 Prepaid expenses 63,795 Mining equipment (1) 18,140,874 Deposits on mining equipment 2,928,138 Accounts payable and accrued expenses (3,352,389 ) Secured convertible debentures (1,981,000 ) SBA loan payable (150,000 ) Share issuance liability (529,638 ) Net assets acquired $ 15,170,154 (1) In accordance with GAAP for asset acquisitions, the excess purchase price over the fair value of the acquired assets and liabilities was ascribed to the property and equipment acquired.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 5 Fair Value Measurements Certain of the Company’s assets and liabilities are carried at fair value and measured on either a recurring or nonrecurring basis. Per ASC Topic 820, Fair Value Measurements and Disclosures The GAAP fair value valuation hierarchy categorizes assets and liabilities measured at fair value into one of three levels depending on the observability of the inputs used in determining fair value. The three levels of the fair value hierarchy are as follows: ● Level 1 valuations ● Level 2 valuations ● Level 3 valuations The classification of an asset or liability within the fair value hierarchy is based on the lowest level input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement of an asset or liability requires judgment and may affect the valuation of the fair value asset or liability and its placement within the fair value hierarchy. There have been no transfers between fair value hierarchy levels. Fair Value of Financial Instruments The carrying values of cash and cash equivalents, accounts receivable, other current assets, accounts payable, and other current liabilities on the consolidated balance sheets approximate fair value because of their short–term nature. Assets and Liabilities Measured at Fair Value on a Recurring Basis As of September 30, 2024, the Company had the following liabilities measured at fair value on a recurring basis: Standby Equity Purchase Agreement. 40.0 million shares of Common Stock, at any time and in the amount as specified in the Company’s request (“Advance Notice”), during the commitment period commencing on September 30, 2024 (the “SEPA Effective Date”) and terminating on September 30, 2026. The Company has determined that the SEPA represents a derivative instrument pursuant to ASC 815, which should be recorded at fair value at inception and remeasured at fair value each reporting period with changes in the fair value recognized in earnings. The Company’s right to sell shares to Yorkville under the SEPA is contingent upon the Company having an effective registration statement, which had not been filed or deemed effective as of September 30, 2024. Therefore, the Company has concluded that the fair value of the SEPA is zero as of September 30, 2024, because Yorkville does not have the right to exercise its put option under the SEPA. Refer to Note 12 – Common Stock Senior Convertible Note. 15.0 8.00 September 30, 2025 The Company has determined that certain features of the Senior Convertible Note require bifurcation and separate accounting as embedded derivatives. As such, the Company has elected the fair value option to account for the Senior Convertible Note; therefore, in accordance with ASC 815, the Company recorded the Senior Convertible Note at fair value and will remeasure the fair value each reporting period with changes in fair value recognized in earnings. Due to the short-term nature of the Senior Convertible Note, the Company has determined that its fair value as of September 30, 2024 is $ 14.3 million, which is equal to the face value of $ 15.0 million less the 5 % original issuance discount. Since the Senior Convertible Note is not traded on an active market, the inputs are considered Level 2 inputs within the fair value hierarchy. Refer to Note 8 – Debt Subordinated Promissory Note. 5.0 September 30, 2025 10.00 The Company has determined that certain features of the Subordinated Note require bifurcation and separate accounting as embedded derivatives. As such, the Company has elected the fair value option to account for the Subordinated Note; therefore, in accordance with ASC 815, the Company recorded the Subordinated Note at fair value and will remeasure the fair value each reporting period with changes in fair value recognized in earnings. As of September 30, 2024, the fair value of the Subordinated Note is $ 5.3 The key inputs in the credit default valuation model were an implied yield of straight debt of 57% and the Moody’s Investor recovery rates upon default of 54.8% for the Senior Convertible Note and 37.5% for the Subordinated Note Note 8 – Debt Subordinated Note Warrants. Note 8 – Debt 1,141,552 shares of Common Stock, vesting in tranches based on the date of repayment of the Subordinated Note. The Company has determined that the Subordinated Note Warrants should be accounted for as a liability pursuant to ASC Topic 480, Distinguishing Liabilities from Equity 2.8 8.76 3.52 69.0 Note 13 – Common Stock Options and Warrants As of September 30, 2023, the Company had the following liabilities measured at fair value on a recurring basis: AR Debentures. Note 8 – Debt As of September 30, 2023, the fair value of the AR Debentures was $ 4.9 2.9 2.1 2.9 Note 8 – Debt Common Stock Obligation Shares. Note 12 – Common Stock, 205,970 On September 7, 2023, the date that the underlying shares were fully issued, the fair value of the Obligation Shares was $ 1.5 0.8 1.5 Note 12 – Common Stock Warrant Liabilities Note 12 – Common Stock 25.9 million during the three months ended September 30, 2023. Upon the effectiveness of the reverse stock split in October 2023, the Company had sufficient authorized shares for all of its securities and reclassified the warrant liabilities into permanent equity effective in October 2023. As of September 30, 2023, the fair value of these liabilities was $ 50.9 24.9 Note 12 – Common Stock Note 13 – Common Stock Options and Warrants The Company did not have any assets or liabilities measured at fair value on a recurring basis as of September 30, 2024 and December 31, 2023. Assets and Liabilities Measured at Fair Value on a Non–Recurring Basis Acquisition and merger–related assets and liabilities Note 2 – Acquisitions and Merger

Property and Equipment, net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property and Equipment, net	Property and Equipment, net The Company’s property and equipment, net consisted of the following for the periods presented: Schedule of Property and Equipment, net September 30, 2024 December 31, 2023 Oil and natural gas properties: Proved properties $ — $ — Unproved properties 42,061,414 28,705,404 Total oil and natural gas properties 42,061,414 28,705,404 Less: Accumulated depreciation, depletion, and amortization — — Oil and natural gas properties, net 42,061,414 28,705,404 Other property and equipment 93,849 — Less: Accumulated depreciation, depletion, and amortization (711 ) — Other property and equipment, net 93,138 — Total property and equipment, net (1) $ 42,154,552 $ 28,705,404 (1) The Company’s property and equipment balance as of September 30, 2024 does not include the assets acquired in the NRO Acquisition, as the acquisition did not close until October 1, 2024. Refer to Note 2 – Acquisitions and Merger

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Accounts Payable and Accrued Expenses The Company’s accounts payable and accrued expenses consist of the following for the periods presented: Schedule of Accounts Payable and Accrued Expenses September 30, 2024 December 31, 2023 Accounts payable $ 9,221,754 $ 2,295,575 Accrued legal and accounting fees (1) 7,399,125 200,641 Incentive compensation 5,031,471 1,925,191 Other 893,115 953,087 Accounts payable and accrued expenses $ 22,545,465 $ 5,374,494 (1) As discussed in Note 2 – Acquisitions and Merger Note 8 – Debt

Debt

Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	Debt The Company’s debt balances consisted of the following for the periods indicated: Schedule of Debt Balances September 30, 2024 December 31, 2023 Senior convertible note $ 15,000,000 $ — Less: unamortized issuance discount (750,000 ) — Senior convertible note, net $ 14,250,000 $ — Subordinated promissory note – related party $ 5,000,000 $ — Fair value adjustment 281,414 — Subordinated promissory note – related party, at fair value $ 5,281,414 $ — Senior Convertible Note On September 30, 2024, Yorkville advanced the Pre-Paid Advance of $ 15.0 8.00 September 30, 2025 105 The Company did not receive the proceeds from the Senior Convertible Note until October 1, 2024; therefore, it has recorded a $ 14.3 The Company has determined that certain features of the Senior Convertible Note require bifurcation and separate accounting as embedded derivatives. As such, the Company has elected the fair value option to account for the Senior Convertible Note; therefore, in accordance with ASC 815, the Company recorded the Senior Convertible Note at fair value and will remeasure the fair value each reporting period with changes in fair value recognized in earnings. Due to the short-term nature of the Senior Convertible Note, the Company has determined that its fair value as of September 30, 2024 is $ 14.3 15.0 5 Note 5 – Fair Value Measurements Subordinated Promissory Note On September 30, 2024 (the “Subordinated Note Effective Date”), the Company entered into the Subordinated Note with the Noteholders, as defined above, in a principal amount of $ 5.0 September 30, 2025 Note 15 – Related Party Transactions 10.00 The Company did not receive a portion of the proceeds from the Subordinated Note until October 1, 2024; therefore, it has recorded a $ 2.0 Pursuant to the terms of the Subordinated Note, the Company issued the Subordinated Note Warrants to purchase up to 1,141,552 Note 13 – Common Stock Options and Warrants Pursuant to the Subordinated Note, the Company entered into a registration rights agreement (the “SPA Registration Rights Agreement”) with the Noteholders pursuant to which the Company agreed to file a registration statement registering the resale of the Common Stock underlying the Subordinated Note Warrants. The Company has determined that certain features of the Subordinated Note require bifurcation and separate accounting as embedded derivatives. As such, the Company has elected the fair value option to account for the Subordinated Note; therefore, in accordance with ASC 815, the Company has recorded the Subordinated Note at fair value and will remeasure the fair value each reporting period with changes in fair value recognized in earnings. As of September 30, 2024, the fair value of the Subordinated Note is $ 5.3 2.8 Note 5 – Fair Value Measurements 5.0 3.0 Amended and Restated Senior Secured Convertible Debentures In connection with the Merger, the Company entered into 12 1.0 Note 15 – Related Party Transactions The Company determined that the AR Debentures contained certain features which required bifurcation and separate accounting as embedded derivatives. As such, the Company elected to initially and subsequently measure the AR Debentures in their entirety at fair value with changes in fair value recognized in earnings in accordance with ASC 815. As of September 30, 2023, the fair value of the AR Debentures increased to $ 4.9 2.9 2.1 2.9 Note 5 – Fair Value Measurements The AR Debentures were fully converted in October 2023. Small Business Administration Loan Upon the Merger, the Company assumed a loan agreement with the Small Business Administration (“SBA”). The loan accrued interest at a rate of 3.75

Leases

Leases	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Leases	Leases The Company determines if a contract contains a lease at its inception or as a result of an acquisition and makes certain assumptions and judgments when determining its right–of–use assets and lease liabilities. When determining whether a contract contains a lease, the Company considers whether there is an identified asset that is physically distinct, whether the supplier has substantive substitution rights, whether the Company has the right to obtain substantially all of the economic benefits from the use of the asset, and whether it has the right to control the asset. Certain lease agreements could include options to renew the lease, terminate the lease early, or purchase the underlying asset(s). The Company determines the lease term at the lease commencement date as the non–cancelable period of the lease, including any options to extend or terminate the lease when such an option is reasonably certain to be exercised. The Company recognizes variable lease payments in the period they are incurred. Certain leases contain both lease and non–lease components, which the Company has chosen to account for separately. As of September 30, 2024 and December 31, 2023, all of the Company’s leases are operating leases. The Company capitalizes its operating right–of–use assets and corresponding lease liabilities separately on its consolidated balance sheets, using the present value of the remaining lease payments over the determined lease term applying the implicit rate of the lease. The following table presents the components of the Company’s operating leases on its consolidated balance sheets for the periods presented: Schedule of Operating Leases Right of Use Asset September 30, 2024 December 31, 2023 Operating Leases Office space $ 895,623 $ — Vehicles 168,036 155,253 Total right–of–use asset $ 1,063,659 $ 155,253 Office space $ 898,736 $ — Vehicles 154,092 135,706 Total lease liability $ 1,052,827 $ 135,706 The Company’s weighted–average remaining lease terms and discount rates as of September 30, 2024 are as follows: Operating Leases Weighted–average lease term (years) 4.4 Weighted–average discount rate 10.2 % The Company has several operating leases for office spaces and vehicles used in its daily operations, under non–cancelable operating leases expiring through 2030. The Company recognizes lease expense for these leases on a straight–line basis. The following table presents the components of the Company’s lease costs during the periods presented: Schedule of Components of Lease Costs 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease cost $ 50,654 $ — $ 140,579 $ — Short–term lease cost (1) — — 25,200 — Variable lease cost (2) 3,196 9,588 Total lease cost $ 53,850 $ — $ 175,367 $ — (1) One of the Company’s office space operating leases, which expired in September 2024, had an initial lease term of less than 12 months and was considered a short-term lease. The Company does not capitalize short–term leases, instead the costs are expensed as they are incurred. (2) Variable lease costs include operating costs, such as parking and property taxes, associated with the Company’s office leases. The Company expenses variable lease costs as they are incurred. As of September 30, 2024, the Company’s future lease commitments by year consisted of the following: Schedule of Future Commitments of Operating Lease Liabilities Operating Leases October 1, 2024 through September 30, 2025 $ 247,493 October 1, 2025 through September 30, 2026 327,011 October 1, 2026 through September 30, 2027 235,919 October 1, 2027 through September 30, 2028 219,725 October 1, 2028 through September 30, 2029 224,400 Thereafter 114,537 Total lease payments 1,369,085 Less: imputed interest (316,258 ) Total lease liability $ 1,052,827 The Company’s supplemental cash flow disclosures related to operating leases are presented below for the periods indicated: Schedule of Supplemental Cash Flow Related to Leases 2024 2023 Nine Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases $ 131,650 $ — Right–of–use assets obtained in exchange for operating liabilities $ 1,019,744 $ —

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10 – Commitments and Contingencies The Company is subject to various litigation, claims and proceedings, which arise in the ordinary course of business. The Company recognizes a liability for such loss contingencies when it believes it is probable that a liability has been incurred, and the amount can be reasonably estimated. If some amount within a range of loss appears at the time to be a better estimate than any other amount within the range, the Company accrues that amount. When no amount within the range is a better estimate than any other amount the Company accrues the minimum amount in the range. The outcomes of any such currently pending matters are not expected to have a material adverse effect on the Company’s financial position or results of operations.

Preferred Stock

Preferred Stock	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Preferred Stock	Note 11 Preferred Stock Series D Preferred Stock The Company has authorized 50,000 0.01 1,000 5.00 Each share of Series D Preferred Stock is convertible at any time at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of such share of $ 1,000 5.00 8.50 The Company received an aggregate of $ 17.4 17,376 3,475,250 3,475,250 Note 13 – Common Stock Options and Warrants Additionally, upon the closing of the Merger, holders of the AR Debentures were issued 4,423 During the three and nine months ended September 30, 2024, there were conversions of 2,050 6,170 410,000 1,234,090 14,457 20,627 Series E Preferred Stock The Company has authorized 50,000 0.01 1,000 5.00 Each share of Series E Preferred Stock is convertible at any time at the option of the holder into the number of shares of Common Stock determined by dividing the stated value of such share of $ 1,000 5.00 8.50 The Company received an aggregate of $ 20.0 Narrogal Nominees Pty Ltd ATF Gregory K O’Neill Family Trust 20,000 39,615 4,000,000 4,000,000 Note 13 – Common Stock Options and Warrants The Company’s obligations under the Series E Preferred Stock and the Series E PIPE Warrants were secured by a lien on the assets acquired in the Exok Option Purchase as described under the Deed of Trust, Mortgage, Assignment of As–Extracted Collateral, Security Agreement, Fixture Filing and Financing Statement, dated August 15, 2023 (“Deed of Trust”). On August 15, 2024, the lien on the assets acquired in the Exok Option Purchase under the Deed of Trust was released in accordance with the terms and procedures set forth therein pursuant to the Consent and Agreement (defined herein). Refer to Note 15 – Related Party Transactions for a further discussion of the Consent and Agreement with the O’Neill Trust. During the quarter ended September 30, 2024, in connection with the Consent and Agreement, all of the Series E Preferred Stock shares outstanding were converted, into 4,000,000 zero 20,000

Common Stock

Common Stock	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Common Stock	Common Stock The Company has 500,000,000 authorized shares of Common Stock with a par value of $ 0.01 per share. The holders of the Company’s Common Stock are entitled to one vote per share and the Company’s Second Amended and Restated Certificate of Incorporation In conjunction with the Closing of the Merger, the Company issued (i) 2,297,669 3,860,898 205,970 1.5 0.8 0.8 1.5 Note 5 – Fair Value Measurements On September 30, 2024, the Company entered into a securities purchase agreement to sell 1,827,040 8.21 Standby Equity Purchase Agreement On September 30, 2024, the Company entered into the SEPA with Yorkville, whereby, subject to certain conditions, the Company has the right, not the obligation, to sell to Yorkville up to $ 40.0 paid Yorkville a structuring fee of $ 25,000 100,000 the “Commitment Fee”) Any purchases under an Advance will be subject to certain limitations, including that Yorkville cannot acquire (i) any shares that would result in the Yorkville, including its affiliates, beneficially owning more than 4.99% of the Company’s outstanding Common Stock at the time of an Advance or (ii) more than 19.99% of the Company’s issued and outstanding Common Stock as of the SEPA Effective Date (the “Exchange Cap”), subject to limited exceptions. Pursuant to the SEPA, the Company may issue up to a total of 4,198,343 shares of Common Stock within the Exchange Cap through Advances under the SEPA, upon conversion of the Senior Convertible Note or through any other issuances of Common Stock thereunder. The Company has determined that the SEPA represents a derivative instrument pursuant to ASC 815, which should be recorded at fair value at inception and remeasured at fair value each reporting period with changes in the fair value recognized in earnings. Additionally, the Commitment Fees and any issuance costs associated with the SEPA have been expensed to general and administrative expenses. The Company’s right to sell shares to Yorkville under the SEPA is contingent upon the Company having an effective registration statement, which had not been filed or deemed effective as of September 30, 2024. Therefore, the Company has concluded that the fair value of the SEPA is zero as of September 30, 2024, because Yorkville does not have the right to exercise its put option under the SEPA. 2023 Share Sequencing and Reclassifications As of September 30, 2023, the Company had 500,000,000 7,074,742 Note 1 – Organization, Description of Business, and Basis of Presentation The Company’s sequencing policy resulted in the allocation of authorized and unissued shares in the following order at September 30, 2023 (i) AR Debentures, (ii) Legacy Warrants (as defined herein) (March 2024 expiration), (iii) Series D B Warrants, (iv) restricted stock units issued to directors and an advisor (refer to Note 14 – Long–Term Incentive Compensation Note 14 – Long–Term Incentive Compensation Note 5 – Fair Value Measurements Additionally, and due to the lack of sufficient authorized shares, the Company’s Series D Preferred Stock and Series E Preferred Stock were reclassified to mezzanine equity at their maximum redemption value during the three months ended September 30, 2023. Upon the effectiveness of the reverse stock split in October 2023 (refer to Note 1 – Organization, Description of Business, and Basis of Presentation

Common Stock Options and Warran

Common Stock Options and Warrants	9 Months Ended
	Sep. 30, 2024
Common Stock Options And Warrants
Common Stock Options and Warrants	Note 13 Common Stock Options and Warrants Merger Options On August 31, 2022, Prairie LLC entered into agreements with its members whereby each member was provided non–compensatory options to purchase a 40 1,000,000 80,000 25 2,500 5,000 7,500 10,000 On May 3, 2023, prior to the closing of the Merger, Prairie LLC entered into a non–compensatory option purchase agreement with its members, Bristol Capital, LLC (“Bristol Capital”), which manages Bristol Investment described above, and BOKA Energy LP (“BOKA”), a third–party investor, pursuant to which Bristol Capital and BOKA purchased non–compensatory options for $ 24,000 8,000 Upon the Merger, the Company converted the non–compensatory options to purchase the outstanding and unexercised membership interests of Prairie LLC, as of immediately prior to the Merger, into options to acquire an aggregate of 8,000,000 0.25 The Company then entered into amended and restated non–compensatory option agreements (the “Option Agreements”) with each of Gary C. Hanna, Edward Kovalik, Bristol Capital, and BOKA. An aggregate of 2,000,000 On August 30, 2023, the Company, Gary C. Hanna, Edward Kovalik, Bristol Capital, and Georgina Asset Management entered into a non–compensatory option purchase agreement, pursuant to which Georgina Asset Management agreed to purchase, and each of the sellers agreed to sell to Georgina Asset Management, the Merger Options to acquire an aggregate of 200,000 shares of Common Stock, for an exercise price of $ 0.25 per share for an aggregate purchase price of $ 2,000 . On September 30, 2024, the Company, BOKA, Rose Hill Holdings Limited (“Rose Hill”), Anchorman Holdings Inc. (“Anchorman”), and Blackstem Forest, LLC (“Blackstem” and, together with Rose Hill and Anchorman, the “Option Purchasers”) entered into a non-compensatory option purchase agreement, pursuant to which each of the Option Purchasers agreed to purchase, and BOKA agreed to sell to the Option Purchasers, Merger Options to acquire an aggregate of 800,000 0.25 None of the Merger Options were exercisable as of September 30, 2024 or December 31, 2023. Legacy Warrants Upon the Merger, the Company assumed warrants to purchase 53,938 49.71 43,438 53,938 1.9 2.2 Series D PIPE Warrants The Series D PIPE Warrants, upon issuance, provided the warrant holders with the right to purchase an aggregate of 6,950,500 6.00 On April 8, 2024, the Company entered into an Amendment and Waiver of Exercise Limitations Letter Agreement (the “Letter Agreement”) with Bristol Investment to amend certain terms of the Series D A Warrants and Series D B Warrants held by Bristol Investment. Each of the Series D PIPE Warrants held by Bristol Investment is subject to a limitation on exercise if as a result of such exercise or conversion, the holder would own more than 4.99% of the outstanding shares of the Company’s Common Stock, which may be increased by the holder upon written notice to the Company, to any specified percentage not in excess of 9.99% (the “Beneficial Ownership Limitation Ceiling”). The Letter Agreement increases the Beneficial Ownership Limitation Ceiling from 9.99% to 19.99%. Pursuant to the Letter Agreement, Bristol Investment further notified the Company of its intent to immediately increase the Beneficial Ownership Limitation Ceiling to 19.99% and the parties agreed to waive the waiting period with respect to such notice. During the three and nine months ended September 30, 2024, Series D A Warrants to purchase 10,000 179,489 0.1 1.1 1,400,250 8.4 As of September 30, 2024 and December 31, 2023, Series D A Warrants providing the right to purchase 3,215,761 3,405,250 3.6 4.3 1,400,250 0.3 Series E PIPE Warrants The Series E PIPE Warrants provide the warrant holders with the right to purchase 8,000,000 6.00 August 15, 2028 August 15, 2024 During the three months ended September 30, 2024, all of the Series E B Warrants were exercised, resulting in the issuance of 4,000,000 24.0 4,000,000 3.9 4.6 4,000,000 0.6 Exok Warrants As discussed in Note 4 – Acquisitions and Merger 670,499 7.43 August 15, 2028 670,499 3.9 4.6 Subordinated Note Warrants As discussed in Note 8 – Debt 1,141,552 8.89 The Company has determined that the Subordinated Note Warrants should be accounted for as a liability pursuant to ASC 480. In accordance with ASC 815, the Company recorded the Subordinated Note Warrants at fair value and will remeasure the fair value each reporting period with changes in fair value recognized in earnings. As of September 30, 2024, the fair value of the Subordinated Note Warrants is $ 2.8 Note 5 – Fair Value Measurements On September 30, 2024, in connection with the Subordinated Note, the Company entered into the SPA Registration Rights Agreement with the Noteholders pursuant to which the Company agreed to file a registration statement registering the resale of the Common Stock underlying the Subordinated Note Warrants. As of September 30, 2024, Subordinated Note Warrants providing the right to purchase 285,389 shares of Common Stock with a remaining contractual life of 5.0 year had vested and were outstanding.

Long_Term Incentive Compensatio

Long–Term Incentive Compensation	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Long–Term Incentive Compensation	Note 14 Long–Term Incentive Compensation Incentive Award Plan The Company’s long–term incentive plan for employees, directors, consultants, and other service providers (as amended and restated effective as of September 5, 2024, and as may be further amended from time to time, the “LTIP”) provides for the grant of all or any of the following types of equity–based awards: (i) incentive stock options qualified as such under U.S. federal income tax laws; (ii) stock options that do not qualify as incentive stock options; (iii) stock appreciation rights; (iv) restricted stock awards; (v) restricted stock units (“RSUs”), which may also include performance stock awards (“PSUs”); (vi) stock awards; (viii) dividend equivalents; (ix) other stock–based awards; (x) cash awards; and (xi) substitute awards. Subject to adjustment in accordance with the terms of the LTIP, 7,500,000 Stock–Based Compensation The Company’s stock–based compensation awards are classified as either equity awards or liability awards in accordance with GAAP. The fair value of an equity–classified award is determined at the grant date and is amortized to general and administrative expense on a graded attribution basis over the vesting period of the award. The Company accounts for forfeitures of stock–based compensation awards as they occur. There were no forfeitures during the nine months ended September 30, 2024 and 2023. The fair value of a liability–classified award is determined on a quarterly basis beginning at the grant date until final vesting. Changes in the fair value of liability–classified awards are recorded to general and administrative expense over the vesting period of the award. RSUs and PSUs granted under the LTIP can immediately vest (A) upon a termination due to (i) death, (ii) disability, or (iii) retirement, in the case of employee awards, or (B) in connection with a change in control; provided that for employee RSU or PSU awards, such accelerated vesting upon a change in control only applies to the extent no provision is made in connection with a change in control for the assumption of awards previously granted or there is no substitution of such awards for new awards. To the extent an employee’s RSU or PSU award is assumed or substituted in connection with the change in control, if a participant is terminated by the Company without “cause” or the employee terminates for “good reason” (each as defined in the applicable award agreement), then each RSU or PSU award will become fully vested. Equity–Classified Restricted Stock Units The Company has granted RSUs to employees which primarily vest ratably over a three-year period, subject to the employees continued service through each applicable vesting date. The Company has also granted RSUs to directors and advisors which primarily vest one year following the grant date, subject to the director’s or advisor’s continued service through the vesting date. The fair values of these RSU awards are based on the price of the Company’s Common Stock as of each relevant grant date. The following table presents the Company’s equity–classified RSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of RSUs Weighted Average Fair Value Unvested units as of December 31, 2023 528,545 $ 14.58 Granted 506,703 $ 12.80 Vested (324,704 ) $ 14.57 Unvested units as of September 30, 2024 710,543 $ 13.47 During the three and nine months ended September 30, 2024, the Company recognized stock–based compensation costs of $ 1.7 5.0 0.9 As of September 30, 2024, there was $ 6.3 1.1 Equity–Classified Performance Stock Units In September 2024, the Company granted PSUs to certain of its employees. The PSUs vest and become earned upon the achievement of certain performance goals based on the Company’s relative total shareholder return as compared to the performance peer group during the performance period, in each case, at the end of a three-year performance period, and generally subject to the employees continued service throughout the performance period. Per the PSU agreements, these awards can be settled in either stock or cash, as determined by the Compensation Committee of the Board (the “Committee”); however, unless the Committee determines otherwise, these PSUs will be settled in stock; therefore, the Company classified these PSUs as equity awards. The number of shares of Common Stock that a holder of the PSUs earns at the end of the performance period may range from 0% to 200% of the target number of PSUs granted, as determined by the Company’s total shareholder return relative to a group of peers over the performance period, which represents a market condition per ASC Topic 718, Compensation—Stock Compensation The following table presents the Company’s equity–classified PSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of PSUs Weighted Average Fair Value Unvested units as of December 31, 2023 — $ — Granted 313,440 $ 23.10 Vested — $ — Unvested units as of September 30, 2024 313,440 $ 23.10 During the three and nine months ended September 30, 2024, the Company recognized stock–based compensation costs of $ 0.7 0.9 As of September 30, 2024, there was $ 6.3 2.3 Liability–Classified Restricted Stock Units The Company has also granted RSUs to certain of its directors and advisors, which primarily vest one year following the grant date, subject to the director’s or advisor’s continued service through the applicable vesting date. Such RSUs are payable 60% in Common Stock and 40% in either cash or Common Stock (or a combination thereof), as determined by the Committee. The following table presents the Company’s liability–classified RSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of RSUs Weighted Average Fair Value Unvested units as of December 31, 2023 19,030 $ 14.71 Granted 24,366 $ 12.80 Vested (16,470 ) $ 13.57 Unvested units as of September 30, 2024 26,926 $ 13.07 During the three and nine months ended September 30, 2024, the Company recognized stock–based compensation costs of $ 0.1 0.2 0.1 As of September 30, 2024, there was $ 0.2 0.6

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions AR Debentures. Note 8 – Debt, 400,666 Common Stock Options Note 13 – Common Stock Options and Warrants On August 30, 2023, the Company, Gary C. Hanna, Edward Kovalik, Bristol Capital, and Georgina Asset Management entered into a non–compensatory option purchase agreement, pursuant to which Georgina Asset Management agreed to purchase, and each of the sellers agreed to sell to Georgina Asset Management, non–compensatory options to acquire an aggregate of 200,000 shares of Common Stock for the option purchase. On September 30, 2024, the Company, BOKA, Rose Hill, Anchorman, and Blackstem entered into a non-compensatory option purchase agreement, pursuant to which each of the Option Purchasers agreed to purchase, and BOKA agreed to sell to the Option Purchasers, Merger Options to acquire an aggregate of 800,000 shares of Common Stock, for an exercise price of $ 0.25 Refer to Note 13 – Common Stock Options and Warrants Series D PIPE. Note 11 – Preferred Stock, 1,250,000 750,000 254,875 Note 11 – Preferred Stock Note 13 – Common Stock Options and Warrants The Company entered into registration rights agreements with each of the Series D PIPE Investors whereby the Company is required to pay liquidated damages if the resale of the underlying shares of Common Stock is not registered by the Securities and Exchange Commission by August 31, 2023. The resale registration statement with respect to such shares was declared effective in December 2023, as such, the Company recognized an expense of $ 173,763 no Series E PIPE. Note 11 – Preferred Stock 20.0 39,614 20,000 8,000,000 6.00 Note 11 – Preferred Stock Note 13 – Common Stock Options and Warrants Consent and Agreement the Company entered into a Consent and Agreement (the “Consent and Agreement”) with the O’Neill Trust, pursuant to which the O’Neill Trust (a) consented to, and waived any and all negative covenants with respect to, any and all transactions the Company may consummate in connection with the funding of the NRO Acquisition and its ongoing operations; (b) released its mortgage on certain property of the Company, which was established in favor of the O’Neill Trust securing the Company’s obligations under the Series E Certificate; and (c) agreed to (i) amend Section 6(d) of the Series E Certificate to increase the Beneficial Ownership Limitation Ceiling from 9.99% to 49.9%, (ii) increase the Beneficial Ownership Limitation from 9.99% to 49.9% and (iii) amend Section 2(e) of each of the O’Neill Trust’s Series D A Warrant and Series E A Warrant and Section 2(d) of the O’Neill Trust’s Series E B Warrant to increase the Beneficial Ownership Limitation Ceiling from 25% to 49.9%. In connection with the increase to the Beneficial Ownership Limitation Ceiling, the O’Neill Trust agreed pursuant to the Consent and Agreement that (i) until its remaining Series D Preferred Stock, Series D PIPE Warrants, and Series E PIPE Warrants are exercised or converted, as applicable, it will not acquire any other shares of Common Stock of the Company, and (ii) for a period of ten years following the date of the Consent and Agreement, it will not, directly or indirectly, acquire by means of public equity trading markets, any Common Stock or other securities with underlying Common Stock, to the extent the O’Neill Trust would beneficially own the voting, investment or economic control over 49.9 The O’Neill Trust further agreed that if at any time it beneficially owns, or exercises control over, shares of Common Stock with voting rights that exceed 29.9 Subordinated Promissory Note and Subordinated Note Warrants Note 8 – Debt 5.0 September 30, 2025 1,141,552 Note 8 – Debt Note 13 – Common Stock Options and Warrants

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 16 – Subsequent Events As discussed in Note 4 – Acquisitions and Merger, 49.6 Note 8 – Debt for a discussion of the Senior Convertible Note and to Note 12 – Common Stock Additionally on October 1, 2024, the Company received the remaining $ 2.0 14.3 Note 8 – Debt On October 30, 2024, Paul L. Kessler provided the Board of the Company with notice of his resignation as a member of the Board, effective October 30, 2024. Mr. Kessler’s resignation was not the result of a disagreement with the Company or any of its affiliates on any matter relating to the Company’s operations, policies or practices.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Concentration of Credit Risk	Concentration of Credit Risk The Company’s financial instruments, which consist of cash and cash equivalents, are potentially subject to concentrations of credit risk. The Company places its cash with high quality financial institutions and at times may exceed the FDIC $ 250,000
Income Taxes	Income Taxes The Company accounts for income taxes using the asset and liability method whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their respective tax basis. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. As of September 30, 2024, the Company had a full valuation allowance to offset its net deferred tax assets.
Liabilities at Fair Value	Liabilities at Fair Value As discussed in Note 8 – Debt Note 12 – Common Stock Note 5 – Fair Value Measurements
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share The two–class method of computing earnings per share is required for entities that have participating securities. The two–class method is an earnings allocation formula that determines earnings per share for participating securities according to dividends declared (or accumulated) and participation rights in undistributed earnings. The Company’s Series D Preferred Stock and Series E Preferred Stock (each as defined herein) are participating securities. These participating securities do not have a contractual obligation to share in the Company’s losses. Therefore, in periods of net loss, no portion of such losses are allocated to participating securities. Basic earnings (loss) per common share (“EPS”) is calculated by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of Common Stock outstanding each period. Dilutive EPS is calculated by dividing adjusted net income (loss) attributable to common stockholders by the weighted average number of shares of Common Stock outstanding each period, which includes the effect of potentially dilutive securities. Potentially dilutive securities for the diluted EPS calculation consists of (i) Series D Preferred Stock, (ii) Series E Preferred Stock, (iii) warrants to purchase Common Stock, and (iv) exercisable Common Stock options. Diluted EPS reflects the dilutive effect of the participating securities using the two–class method or the treasury stock method, whichever is more dilutive. Basic and diluted earnings (loss) attributable to common stockholders is the same for the three and nine months ended September 30, 2024 and 2023 because the Company has only incurred losses and all potentially dilutive securities are anti–dilutive. The following table presents the potentially dilutive securities which were not included in the computation of diluted earnings (loss) attributable to common stockholders for the three and nine months ended September 30, 2024 because their inclusion would be anti–dilutive: Schedule of Anti-dilutive Securities Excluded from Earnings Per Share Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Merger Options, restricted stock units, and performance stock units (1) 9,050,909 $ — $ — $ — 1,050,909 Common stock warrants 228,004,372 — — — 9,064,951 Series D Preferred Stock 14,457 1,000 14,456,680 5.00 2,891,336 Senior Convertible Note (2) — — 15,750,000 7.79 2,021,823 Total - - - - 15,029,018 (1) Not exercisable or vested as of September 30, 2024. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation (2) Reflects the conversion option of the $ 15.0 105 Note 8 – Debt Note 12 – Common Stock for a discussion of the SEPA. The following table presents the potentially dilutive securities which were not included in the computation of diluted earnings (loss) attributable to common stockholders for the three and nine months ended September 30, 2023 because their inclusion would be anti–dilutive: Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Common stock options and restricted stock units (1) 8,641,176 $ — $ — $ — 641,176 Common stock warrants 447,855,367 — — — 15,674,938 AR Debentures — — 2,000,000 5.00 400,000 Series D Preferred Stock 21,799 1,000 21,799,000 5.00 4,359,850 Series E Preferred Stock 20,000 1,000 20,000,000 5.00 4,000,000 Total - - - - 25,075,964 (1) Not exercisable or vested as of September 30, 2023. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation Supplemental Disclosures of Cash Flow Information The following table presents non–cash investing and financing activities and supplemental cash flow disclosures relating to the cash paid for interest and income taxes for the periods presented: Schedule of Non-cash Investing And Financing Activities And Supplemental Cash Flow Disclosures Nine Months Ended September 30, 2024 2023 Non–cash investing and financing activities: Common Stock issued upon conversion of Series D Preferred Stock $ 6,170,450 $ — Common Stock issued upon conversion of Series E Preferred Stock $ 20,000,000 $ — Capital expenditures included in accrued liabilities $ (4,717,644 ) $ — Proceeds from Senior Convertible Note issuance not yet received, net of original issuance discount (1) $ 14,250,000 $ — Proceeds from Subordinated Note issuance not yet received – related party (1) $ 2,000,000 $ — Common Stock issued for SEPA commitment fee (2) $ 600,000 $ — Cryptocurrency mining equipment and deposits acquired in the Merger $ — $ 20,760,560 Secured convertible debentures assumed in the Merger $ — $ 1,981,000 SBA loan payable acquired assumed in the Merger $ — $ 150,000 Membership interests converted into shares of Common Stock $ — $ (606,705 ) Common Stock issued at Merger $ — $ 9,928,262 Series D Preferred Stock issued at Merger $ — $ 3,209,196 Common Stock and warrants issued in Exok option acquisition $ — $ 7,289,492 Common Stock issued in satisfaction of share issuance obligation $ — $ 2,006,741 Deferred transaction costs capitalized to oil and natural gas properties $ — $ 189,031 Deferred transaction costs associated with financing $ — $ 519,533 Supplemental disclosure: Cash paid for income taxes $ — $ — Cash paid for interest $ — $ 57,101 (1) Proceeds from the issuance of the Senior Convertible Note and the Subordinated Note were not received until October 1, 2024. Therefore, the Company recorded the unreceived proceeds as Financing receivable as of September 30, 2024. Refer to Note 8 – Debt (2) Pursuant to the SEPA, the Company issued 100,000 Note 12 – Common Stock
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recent accounting pronouncements issued by the Financial Accounting Standards Board, including its Emerging Issues Task Force, the American Institute of Certified Public Accountants, and the Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company’s present or future consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Anti-dilutive Securities Excluded from Earnings Per Share	Schedule of Anti-dilutive Securities Excluded from Earnings Per Share Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Merger Options, restricted stock units, and performance stock units (1) 9,050,909 $ — $ — $ — 1,050,909 Common stock warrants 228,004,372 — — — 9,064,951 Series D Preferred Stock 14,457 1,000 14,456,680 5.00 2,891,336 Senior Convertible Note (2) — — 15,750,000 7.79 2,021,823 Total - - - - 15,029,018 (1) Not exercisable or vested as of September 30, 2024. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation (2) Reflects the conversion option of the $ 15.0 105 Note 8 – Debt Note 12 – Common Stock for a discussion of the SEPA. The following table presents the potentially dilutive securities which were not included in the computation of diluted earnings (loss) attributable to common stockholders for the three and nine months ended September 30, 2023 because their inclusion would be anti–dilutive: Potentially Dilutive Security Quantity Stated Value Per Share Total Value or Stated Value Assumed Conversion Price Resulting Common Shares Common stock options and restricted stock units (1) 8,641,176 $ — $ — $ — 641,176 Common stock warrants 447,855,367 — — — 15,674,938 AR Debentures — — 2,000,000 5.00 400,000 Series D Preferred Stock 21,799 1,000 21,799,000 5.00 4,359,850 Series E Preferred Stock 20,000 1,000 20,000,000 5.00 4,000,000 Total - - - - 25,075,964 (1) Not exercisable or vested as of September 30, 2023. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation
Schedule of Non-cash Investing And Financing Activities And Supplemental Cash Flow Disclosures	The following table presents non–cash investing and financing activities and supplemental cash flow disclosures relating to the cash paid for interest and income taxes for the periods presented: Schedule of Non-cash Investing And Financing Activities And Supplemental Cash Flow Disclosures Nine Months Ended September 30, 2024 2023 Non–cash investing and financing activities: Common Stock issued upon conversion of Series D Preferred Stock $ 6,170,450 $ — Common Stock issued upon conversion of Series E Preferred Stock $ 20,000,000 $ — Capital expenditures included in accrued liabilities $ (4,717,644 ) $ — Proceeds from Senior Convertible Note issuance not yet received, net of original issuance discount (1) $ 14,250,000 $ — Proceeds from Subordinated Note issuance not yet received – related party (1) $ 2,000,000 $ — Common Stock issued for SEPA commitment fee (2) $ 600,000 $ — Cryptocurrency mining equipment and deposits acquired in the Merger $ — $ 20,760,560 Secured convertible debentures assumed in the Merger $ — $ 1,981,000 SBA loan payable acquired assumed in the Merger $ — $ 150,000 Membership interests converted into shares of Common Stock $ — $ (606,705 ) Common Stock issued at Merger $ — $ 9,928,262 Series D Preferred Stock issued at Merger $ — $ 3,209,196 Common Stock and warrants issued in Exok option acquisition $ — $ 7,289,492 Common Stock issued in satisfaction of share issuance obligation $ — $ 2,006,741 Deferred transaction costs capitalized to oil and natural gas properties $ — $ 189,031 Deferred transaction costs associated with financing $ — $ 519,533 Supplemental disclosure: Cash paid for income taxes $ — $ — Cash paid for interest $ — $ 57,101 (1) Proceeds from the issuance of the Senior Convertible Note and the Subordinated Note were not received until October 1, 2024. Therefore, the Company recorded the unreceived proceeds as Financing receivable as of September 30, 2024. Refer to Note 8 – Debt (2) Pursuant to the SEPA, the Company issued 100,000 Note 12 – Common Stock

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Assets and Liabilities Associated Discontinued Operations in Financial Statements	The Company has presented the related assets and liabilities associated with discontinued operations separately as discontinued operations on its condensed consolidated balance sheets as of September 30, 2024 and December 31, 2023. The following table presents the major classes of assets included as part of discontinued operations in the Company’s condensed consolidated balance sheets for the periods indicated: Schedule of Assets and Liabilities Associated Discontinued Operations in Financial Statements September 30, 2024 December 31, 2023 Accounts receivable $ — $ 322,655 Property and equipment, net — 3,182,307 Total assets – discontinued operations $ — $ 3,504,962 Additionally, the Company has presented the financial results associated with discontinued operations separately as discontinued operations on its condensed consolidated statements of operations for the three and nine months ended September 30, 2024 and 2023 and its condensed consolidated statements of cash flows for the nine months ended September 30, 2024 and 2023. The following table presents the major classes of line items constituting the loss from discontinued operations on the Company’s condensed consolidated statements of operations and condensed consolidated statements of cash flows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cryptocurrency mining revenue $ — $ 457,951 $ 192,625 $ 637,269 Cryptocurrency mining costs — (209,929 ) (55,063 ) (303,172 ) Depreciation and amortization — (425,468 ) (102,210 ) (558,319 ) Impairment of cryptocurrency mining equipment — — — (16,794,688 ) Loss from sale of cryptocurrency mining equipment — — (1,080,097 ) — Loss from discontinued operations before income taxes — (177,446 ) (1,044,745 ) (17,018,910 ) Provision for income taxes — — — — Net loss from discontinued operations $ — $ (177,446 ) $ (1,044,745 ) $ (17,018,910 )

Acquisitions and Merger (Tables

Acquisitions and Merger (Tables)	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Total Purchase Price	The following table presents the total purchase price on May 3, 2023, the closing date of the Merger: Schedule of Total Purchase Price Number of shares of Common Stock of the combined company owned by the Company’s stockholders immediately prior to the merger (1) 3,860,898 Multiplied by the fair value per share of Common Stock (2) $ 2.57 Fair value of the Company’s pre–Merger Common Stock 9,928,262 Number of shares of Series D Preferred Stock issued to effectuate the Merger 4,423 Multiplied by the fair value per share (3) $ 725.57 Fair value of Series D Preferred Stock issued as consideration 3,209,196 Prairie LLC Transaction costs (4) 2,032,696 Purchase price $ 15,170,154 (1) Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023. (2) Based on the last reported sale price of Common Stock on OTC Capital Markets on May 3, 2023, the closing date of the Merger. (3) Fair value calculated as described above on May 3, 2023. (4) Prairie LLC transaction costs consist primarily of legal expenses incurred by Prairie LLC. The transaction costs have been reflected as an increase in the purchase price.
Schedule of Allocation of Purchase Price to Net Assets Acquired	Schedule of Allocation of Purchase Price to Net Assets Acquired Purchase Price Allocation: May 3, 2023 Cash and cash equivalents $ 42,360 Accounts receivable 8,014 Prepaid expenses 63,795 Mining equipment (1) 18,140,874 Deposits on mining equipment 2,928,138 Accounts payable and accrued expenses (3,352,389 ) Secured convertible debentures (1,981,000 ) SBA loan payable (150,000 ) Share issuance liability (529,638 ) Net assets acquired $ 15,170,154 (1) In accordance with GAAP for asset acquisitions, the excess purchase price over the fair value of the acquired assets and liabilities was ascribed to the property and equipment acquired.

Property and Equipment, net (Ta

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment, net	The Company’s property and equipment, net consisted of the following for the periods presented: Schedule of Property and Equipment, net September 30, 2024 December 31, 2023 Oil and natural gas properties: Proved properties $ — $ — Unproved properties 42,061,414 28,705,404 Total oil and natural gas properties 42,061,414 28,705,404 Less: Accumulated depreciation, depletion, and amortization — — Oil and natural gas properties, net 42,061,414 28,705,404 Other property and equipment 93,849 — Less: Accumulated depreciation, depletion, and amortization (711 ) — Other property and equipment, net 93,138 — Total property and equipment, net (1) $ 42,154,552 $ 28,705,404 (1) The Company’s property and equipment balance as of September 30, 2024 does not include the assets acquired in the NRO Acquisition, as the acquisition did not close until October 1, 2024. Refer to Note 2 – Acquisitions and Merger

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The Company’s accounts payable and accrued expenses consist of the following for the periods presented: Schedule of Accounts Payable and Accrued Expenses September 30, 2024 December 31, 2023 Accounts payable $ 9,221,754 $ 2,295,575 Accrued legal and accounting fees (1) 7,399,125 200,641 Incentive compensation 5,031,471 1,925,191 Other 893,115 953,087 Accounts payable and accrued expenses $ 22,545,465 $ 5,374,494 (1) As discussed in Note 2 – Acquisitions and Merger Note 8 – Debt

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Debt Balances	The Company’s debt balances consisted of the following for the periods indicated: Schedule of Debt Balances September 30, 2024 December 31, 2023 Senior convertible note $ 15,000,000 $ — Less: unamortized issuance discount (750,000 ) — Senior convertible note, net $ 14,250,000 $ — Subordinated promissory note – related party $ 5,000,000 $ — Fair value adjustment 281,414 — Subordinated promissory note – related party, at fair value $ 5,281,414 $ —

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Schedule of Operating Leases Right of Use Asset	Schedule of Operating Leases Right of Use Asset September 30, 2024 December 31, 2023 Operating Leases Office space $ 895,623 $ — Vehicles 168,036 155,253 Total right–of–use asset $ 1,063,659 $ 155,253 Office space $ 898,736 $ — Vehicles 154,092 135,706 Total lease liability $ 1,052,827 $ 135,706
Schedule of Components of Lease Costs	Schedule of Components of Lease Costs 2024 2023 2024 2023 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease cost $ 50,654 $ — $ 140,579 $ — Short–term lease cost (1) — — 25,200 — Variable lease cost (2) 3,196 9,588 Total lease cost $ 53,850 $ — $ 175,367 $ — (1) One of the Company’s office space operating leases, which expired in September 2024, had an initial lease term of less than 12 months and was considered a short-term lease. The Company does not capitalize short–term leases, instead the costs are expensed as they are incurred. (2) Variable lease costs include operating costs, such as parking and property taxes, associated with the Company’s office leases. The Company expenses variable lease costs as they are incurred. The Company’s weighted–average remaining lease terms and discount rates as of September 30, 2024 are as follows: Operating Leases Weighted–average lease term (years) 4.4 Weighted–average discount rate 10.2 %
Schedule of Future Commitments of Operating Lease Liabilities	As of September 30, 2024, the Company’s future lease commitments by year consisted of the following: Schedule of Future Commitments of Operating Lease Liabilities Operating Leases October 1, 2024 through September 30, 2025 $ 247,493 October 1, 2025 through September 30, 2026 327,011 October 1, 2026 through September 30, 2027 235,919 October 1, 2027 through September 30, 2028 219,725 October 1, 2028 through September 30, 2029 224,400 Thereafter 114,537 Total lease payments 1,369,085 Less: imputed interest (316,258 ) Total lease liability $ 1,052,827
Schedule of Supplemental Cash Flow Related to Leases	The Company’s supplemental cash flow disclosures related to operating leases are presented below for the periods indicated: Schedule of Supplemental Cash Flow Related to Leases 2024 2023 Nine Months Ended September 30, 2024 2023 Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases $ 131,650 $ — Right–of–use assets obtained in exchange for operating liabilities $ 1,019,744 $ —

Long_Term Incentive Compensat_2

Long–Term Incentive Compensation (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Restricted Stock Units	The following table presents the Company’s equity–classified RSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of RSUs Weighted Average Fair Value Unvested units as of December 31, 2023 528,545 $ 14.58 Granted 506,703 $ 12.80 Vested (324,704 ) $ 14.57 Unvested units as of September 30, 2024 710,543 $ 13.47
Equity Classified Performance Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Restricted Stock Units	The following table presents the Company’s equity–classified PSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of PSUs Weighted Average Fair Value Unvested units as of December 31, 2023 — $ — Granted 313,440 $ 23.10 Vested — $ — Unvested units as of September 30, 2024 313,440 $ 23.10
Liability Classified Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Restricted Stock Units	The following table presents the Company’s liability–classified RSU activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Units Number of RSUs Weighted Average Fair Value Unvested units as of December 31, 2023 19,030 $ 14.71 Granted 24,366 $ 12.80 Vested (16,470 ) $ 13.57 Unvested units as of September 30, 2024 26,926 $ 13.07

Organization, Description of _2

Organization, Description of Business, and Basis of Presentation (Details Narrative) - USD ($)			3 Months Ended					9 Months Ended
	Oct. 16, 2023	May 03, 2023	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Reverse stock split	reverse stock split at an exchange ratio of 1:28.5714286
Common stock, par value		$ 0.01	$ 0.01					$ 0.01		$ 0.01
Variable interest entity, percentage								100%
Net loss			$ 11,424,153	$ 8,513,658	$ 9,037,284	$ 34,415,741		$ 28,975,096	$ 55,626,937
Cash and cash equivalents			40,052,362					40,052,362		$ 13,036,950
Working capital			12,100,000					12,100,000
Accumulated deficit			$ 107,828,773					$ 107,828,773		$ 78,853,677
Common Stock [Member]
Stock issued during period, shares, conversion of units		2,297,668	410,000	579,090	245,000
Net loss

Schedule of Anti-dilutive Secur

Schedule of Anti-dilutive Securities Excluded from Earnings Per Share (Details) - USD ($)		9 Months Ended
		Sep. 30, 2024		Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity
Potentially Dilutive Security Stated Value Per Share
Potentially Dilutive Security Total Value or Stated Value
Potentially Dilutive Security Assumed Conversion Price
Potentially Dilutive Security Resulting Common Shares		15,029,018		25,075,964
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity	[1]	9,050,909
Potentially Dilutive Security Stated Value Per Share	[1]
Potentially Dilutive Security Total Value or Stated Value	[1]
Potentially Dilutive Security Assumed Conversion Price	[1]
Potentially Dilutive Security Resulting Common Shares	[1]	1,050,909
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity		9,050,909	[1]	8,641,176	[2]
Potentially Dilutive Security Stated Value Per Share			[1]		[2]
Potentially Dilutive Security Total Value or Stated Value			[1]		[2]
Potentially Dilutive Security Assumed Conversion Price			[1]		[2]
Potentially Dilutive Security Resulting Common Shares		1,050,909	[1]	641,176	[2]
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity		228,004,372		447,855,367
Potentially Dilutive Security Stated Value Per Share
Potentially Dilutive Security Total Value or Stated Value
Potentially Dilutive Security Assumed Conversion Price
Potentially Dilutive Security Resulting Common Shares		9,064,951		15,674,938
Series D Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity		14,457		21,799
Potentially Dilutive Security Stated Value Per Share		$ 1,000		$ 1,000
Potentially Dilutive Security Total Value or Stated Value		$ 14,456,680		$ 21,799,000
Potentially Dilutive Security Assumed Conversion Price		$ 5		$ 5
Potentially Dilutive Security Resulting Common Shares		2,891,336		4,359,850
Senior Convertible Note [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity	[3]
Potentially Dilutive Security Stated Value Per Share	[3]
Potentially Dilutive Security Total Value or Stated Value	[3]	$ 15,750,000
Potentially Dilutive Security Assumed Conversion Price	[3]	$ 7.79
Potentially Dilutive Security Resulting Common Shares	[3]	2,021,823
AR Debentures [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity
Potentially Dilutive Security Stated Value Per Share
Potentially Dilutive Security Total Value or Stated Value				$ 2,000,000
Potentially Dilutive Security Assumed Conversion Price				$ 5
Potentially Dilutive Security Resulting Common Shares				400,000
Series E Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potentially Dilutive Security Quantity				20,000
Potentially Dilutive Security Stated Value Per Share				$ 1,000
Potentially Dilutive Security Total Value or Stated Value				$ 20,000,000
Potentially Dilutive Security Assumed Conversion Price				$ 5
Potentially Dilutive Security Resulting Common Shares				4,000,000
[1]Not exercisable or vested as of September 30, 2024. Refer to Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation Note 13 – Common Stock Options and Warrants Note 14 – Long–Term Incentive Compensation 15.0 105 Note 8 – Debt Note 12 – Common Stock for a discussion of the SEPA.

Schedule of Anti-dilutive Sec_2

Schedule of Anti-dilutive Securities Excluded from Earnings Per Share (Details) (Parenthetical) - USD ($)	1 Months Ended	9 Months Ended
	May 03, 2023	Sep. 30, 2024
Short-Term Debt [Line Items]
Stock issued during period value conversion of convertible securities	$ 3,209,196
Senior Convertible Note [Member]
Short-Term Debt [Line Items]
Stock issued during period value conversion of convertible securities		$ 15,000,000
Conversion rate		105%

Schedule of Non-cash Investing

Schedule of Non-cash Investing And Financing Activities And Supplemental Cash Flow Disclosures (Details) - USD ($)		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
Non–cash investing and financing activities:
Common Stock issued upon conversion of Series D Preferred Stock		$ 6,170,450
Common Stock issued upon conversion of Series E Preferred Stock		20,000,000
Capital expenditures included in accrued liabilities		(4,717,644)
Proceeds from Senior Convertible Note issuance not yet received, net of original issuance discount	[1]	14,250,000
Proceeds from Subordinated Note issuance not yet received – related party	[1]	2,000,000
Common Stock issued for SEPA commitment fee	[2]	600,000
Cryptocurrency mining equipment and deposits acquired in the Merger			20,760,560
Secured convertible debentures assumed in the Merger			1,981,000
SBA loan payable acquired assumed in the Merger			150,000
Membership interests converted into shares of Common Stock			(606,705)
Common Stock issued at Merger			9,928,262
Series D Preferred Stock issued at Merger			3,209,196
Common Stock and warrants issued in Exok option acquisition			7,289,492
Common Stock issued in satisfaction of share issuance obligation			2,006,741
Deferred transaction costs capitalized to oil and natural gas properties			189,031
Deferred transaction costs associated with financing			519,533
Supplemental disclosure:
Cash paid for income taxes
Cash paid for interest			$ 57,101
Standby Equity Purchase Agreement [Member]
Supplemental disclosure:
Stock issued during period shares new issues		100,000
[1]Proceeds from the issuance of the Senior Convertible Note and the Subordinated Note were not received until October 1, 2024. Therefore, the Company recorded the unreceived proceeds as Financing receivable as of September 30, 2024. Refer to Note 8 – Debt 100,000 Note 12 – Common Stock

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative)	Sep. 30, 2024 USD ($)
Accounting Policies [Abstract]
Cash, FDIC insured amount	$ 250,000

Schedule of Assets and Liabilit

Schedule of Assets and Liabilities Associated Discontinued Operations in Financial Statements (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Accounts receivable					$ 322,655
Property and equipment, net					3,182,307
Total assets – discontinued operations					$ 3,504,962
Cryptocurrency mining revenue		$ 457,951	192,625	$ 637,269
Cryptocurrency mining costs		(209,929)	(55,063)	(303,172)
Depreciation and amortization		(425,468)	(102,210)	(558,319)
Impairment of cryptocurrency mining equipment				(16,794,688)
Loss from sale of cryptocurrency mining equipment			(1,080,097)
Loss from discontinued operations before income taxes		(177,446)	(1,044,745)	(17,018,910)
Provision for income taxes
Net loss from discontinued operations		$ (177,446)	$ (1,044,745)	$ (17,018,910)

Discontinued Operations (Detail

Discontinued Operations (Details Narrative) - USD ($)		9 Months Ended
	Jan. 23, 2024	Sep. 30, 2024	Dec. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Cash	$ 1,000,000
Deferred cash payments	$ 1,000,000
Cryptocurrency mining description	(a) 20% of the monthly net revenues received by the buyer associated with or otherwise attributable to the Mining Equipment until the aggregate amount of such payments equals $250,000 and (b) thereafter, 50% of the monthly net revenues received by the buyer associated with or otherwise attributable to the Mining Equipment until the aggregate amount of such payments equals the Deferred Purchase Price, plus accrued interest, (collectively, the “Crypto Sale”).
Note receivable current		$ 507,651
Note receivable non current		200,000
Disposition of assets		$ 1,100,000

Schedule of Total Purchase Pric

Schedule of Total Purchase Price (Details) - USD ($)			1 Months Ended	3 Months Ended
		May 03, 2023	May 03, 2023	Jun. 30, 2023
Business Acquisition [Line Items]
Multiplied by the fair value per share of common stock (2)		$ 0.25	$ 0.25
Fair value of the Company's pre-Merger common stock			$ 16,447,649
Fair value of Series D Preferred Stock issued as consideration			9,928,262
Prairie LLC Transaction costs (4)	[1]	$ 2,032,696	$ 2,032,696
Purchase price		$ 15,170,154
Series D Preferred Stock [Member]
Business Acquisition [Line Items]
Number of shares of Series D Preferred Stock at to effectuate the Merger		4,423
Multiplied by the fair value per share	[2]	$ 725.57	$ 725.57
Fair value of Series D Preferred Stock issued as consideration		$ 3,209,196
Common Stock [Member]
Business Acquisition [Line Items]
Number of shares of common stock of the combined company owned by the Company's stockholders immediately prior to the merger (1)	[3]	3,860,898
Multiplied by the fair value per share of common stock (2)	[4]	$ 2.57	$ 2.57
Fair value of the Company's pre-Merger common stock		$ 9,928,262
Number of shares of Series D Preferred Stock at to effectuate the Merger		3,860,898		3,860,917
Fair value of Series D Preferred Stock issued as consideration			$ 38,609
[1]Prairie LLC transaction costs consist primarily of legal expenses incurred by Prairie LLC. The transaction costs have been reflected as an increase in the purchase price.[2]Fair value calculated as described above on May 3, 2023.[3]Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023.[4]Based on the last reported sale price of Common Stock on OTC Capital Markets on May 3, 2023, the closing date of the Merger.

Schedule of Allocation of Purch

Schedule of Allocation of Purchase Price to Net Assets Acquired (Details)	May 03, 2023 USD ($)
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Cash and cash equivalents	$ 42,360
Accounts receivable	8,014
Prepaid expenses	63,795
Mining equipment	18,140,874	[1]
Deposits on mining equipment	2,928,138
Accounts payable and accrued expenses	(3,352,389)
Secured convertible debentures	(1,981,000)
SBA loan payable	(150,000)
Share issuance liability	(529,638)
Net assets acquired	$ 15,170,154
[1]In accordance with GAAP for asset acquisitions, the excess purchase price over the fair value of the acquired assets and liabilities was ascribed to the property and equipment acquired.

Acquisitions and Merger (Detail

Acquisitions and Merger (Details Narrative)						9 Months Ended
	Oct. 01, 2024 USD ($)	Feb. 05, 2024 USD ($)	Jan. 11, 2024 USD ($)	Aug. 15, 2023 USD ($) a $ / shares shares	May 03, 2023 USD ($) shares	Sep. 30, 2024	Aug. 18, 2024 USD ($)	Aug. 15, 2024 USD ($)
Business Acquisition [Line Items]
Cash					$ 42,360
Gain (Loss) on Disposition of Other Assets		$ 900,000
Payments to acquire land held for use					$ 3,000,000
Bristol Investment Fund Ltd [Member] | AR Debentures [Member]
Business Acquisition [Line Items]
Debt instrument, interest rate during period						12%
Series D Preferred Stock [Member]
Business Acquisition [Line Items]
Shares issued during period | shares					4,423
Member Units [Member]
Business Acquisition [Line Items]
Shares issued during period | shares					2,297,668
Initial Genesis [Member] | Exok Warrants [Member]
Business Acquisition [Line Items]
Share price | $ / shares				$ 7.43
Initial Genesis [Member]
Business Acquisition [Line Items]
Asset acquisition, price of acquisition, expected				$ 18,000,000
Area of land | a				20,328
Issuance of Series D Preferred Stock, shares | shares				670,499
Initial Genesis [Member] | Exok Warrants [Member]
Business Acquisition [Line Items]
Warrants to purchase common stock | shares				670,499
Initial Genesis [Member] | Exok [Member]
Business Acquisition [Line Items]
Area of land | a				32,695
Genesis Bolton Acquisition [Member]
Business Acquisition [Line Items]
Asset acquisition for total consideration				$ 25,300,000
Nickel Road Operating Llc Agreement [Member] | Prairie Operating Co LLC [Member]
Business Acquisition [Line Items]
Cash								$ 84,500,000
Nickel Road Operating Llc Agreement [Member] | Prairie Operating Co LLC [Member]
Business Acquisition [Line Items]
Asset acquisition for total consideration			$ 94,500,000
Asset acquisition, price of acquisition, expected			83,000,000
Asset acquisition deferred cash payments			11,500,000
Deposit			$ 9,000,000					$ 6,000,000
Escrow refund							$ 3,000,000
Nickel Road Operating Llc Agreement [Member] | Prairie Operating Co LLC [Member] | Subsequent Event [Member]
Business Acquisition [Line Items]
Payments to acquire businesses	$ 49,600,000

Fair Value Measurements (Detail

Fair Value Measurements (Details Narrative) - USD ($) $ / shares in Units, $ in Millions				3 Months Ended	9 Months Ended
		Sep. 07, 2023	May 03, 2023	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Stock price					$ 8.76
Risk free interest rate					3.52%
Volatility rate					69%
Obligation Shares [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value of AR debentures		$ 1.5
Increase in fair value		0.8		$ 0.8		$ 1.5
Fair value of obligation shares		$ 1.5
Fair Value Adjustment of Warrants						$ 25.9
Common Stock [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Issuance of Series D Preferred Stock, shares	[1]		3,860,898
Common Stock [Member] | Obligation Shares [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Issuance of Series D Preferred Stock, shares			205,970			205,970
Warrant [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right					53,938
Warrant [Member] | Obligation Shares [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Increase in fair value				24.9
Liability of fair value						$ 50.9
Bristol Investments Fund Ltd [Member] | AR Debentures [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value of AR debentures				4.9		4.9
Increase in fair value						2.9
Fair value of obligation shares				$ 2.1		2.1
Bristol Investment Fund Ltd [Member] | AR Debentures [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Increase in fair value						$ 2.9
Convertible Promissory Note [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Face value of convertible note					$ 15
Interest rate					8%
Debt Instrument, Maturity Date					Sep. 30, 2025
Fair value of AR debentures					$ 14.3
Principal amount					$ 15
Original issuance discount rate					5%
Subordinated Promissory Note [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt Instrument, Maturity Date					Sep. 30, 2025
Principal amount					$ 5
Interest rate					10%
Subordinated Note [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Interest rate					10%
Debt Instrument, Maturity Date					Sep. 30, 2025
Principal amount					$ 5
Fair value of subordinated note warrants					$ 5.3
Debt instrument, description					The key inputs in the credit default valuation model were an implied yield of straight debt of 57% and the Moody’s Investor recovery rates upon default of 54.8% for the Senior Convertible Note and 37.5% for the Subordinated Note
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right					1,141,552
Subordinated Note Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value of subordinated note warrants					$ 2.8
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right					1,141,552
Standby Equity Purchase Agreement [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Issuance of Series D Preferred Stock, shares					100,000
Standby Equity Purchase Agreement [Member] | Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sale of stock					$ 40
[1]Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023.

Schedule of Property and Equipm

Schedule of Property and Equipment, net (Details) - USD ($)		Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Proved properties
Unproved properties		42,061,414	28,705,404
Total oil and natural gas properties		42,061,414	28,705,404
Less: Accumulated depreciation, depletion, and amortization
Oil and natural gas properties, net		42,061,414	28,705,404
Other property and equipment		93,849
Less: Accumulated depreciation, depletion, and amortization		(711)
Other property and equipment, net		93,138
Total property and equipment, net	[1]	$ 42,154,552	$ 28,705,404
[1]The Company’s property and equipment balance as of September 30, 2024 does not include the assets acquired in the NRO Acquisition, as the acquisition did not close until October 1, 2024. Refer to Note 2 – Acquisitions and Merger

Schedule of Accounts Payable an

Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)		Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Accounts payable		$ 9,221,754	$ 2,295,575
Accrued legal and accounting fees	[1]	7,399,125	200,641
Incentive compensation		5,031,471	1,925,191
Other		893,115	953,087
Accounts payable and accrued expenses		$ 22,545,465	$ 5,374,494
[1]As discussed in Note 2 – Acquisitions and Merger Note 8 – Debt

Schedule of Debt Balances (Deta

Schedule of Debt Balances (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Debt Disclosure [Abstract]
Senior convertible note	$ 15,000,000
Less: unamortized issuance discount	(750,000)
Senior convertible note, net	14,250,000
Subordinated promissory note – related party	5,000,000
Fair value adjustment	281,414
Subordinated promissory note – related party, at fair value	$ 5,281,414

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)		3 Months Ended		9 Months Ended
	May 03, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Short-Term Debt [Line Items]
Loss on debt issuance		$ 3,039,347		$ 3,039,347
Debt [Member]
Short-Term Debt [Line Items]
Fair value of the AR debentures	$ 2,900,000		4,900,000		4,900,000
Loss on adjustment to fair value			$ 2,100,000		$ 2,900,000
Bristol Investment Fund Ltd [Member] | Barlock [Member]
Short-Term Debt [Line Items]
Debt instrument, issued, principal	$ 1,000,000
Barlock [Member]
Short-Term Debt [Line Items]
Debt instrument, interest rate during period	12%
Convertible Debt [Member]
Short-Term Debt [Line Items]
Short-term financial receivable		14,300,000		14,300,000
Subordinated Note [Member]
Short-Term Debt [Line Items]
Short-term financial receivable		2,000,000		2,000,000
SBA Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, interest rate, stated percentage			3.75%		3.75%
Senior Convertible Note [Member]
Short-Term Debt [Line Items]
Senior convertible note		$ 15,000,000		$ 15,000,000
Debt instrument, interest rate, stated percentage		8%		8%
Maturity date				Sep. 30, 2025
Conversion rate				105%
Interest rate		5%		5%
Convertible Promissory Note [Member]
Short-Term Debt [Line Items]
Debt instrument, interest rate, stated percentage		8%		8%
Maturity date				Sep. 30, 2025
Fair value of the AR debentures		$ 14,300,000		$ 14,300,000
Principal amount		$ 15,000,000		$ 15,000,000
Subordinated Note [Member]
Short-Term Debt [Line Items]
Debt instrument, interest rate, stated percentage		10%		10%
Maturity date				Sep. 30, 2025
Principal amount		$ 5,000,000		$ 5,000,000
Warrants to purchase common stock		1,141,552		1,141,552
Fair value of the Subordinated Note Warrants		$ 5,300,000		$ 5,300,000
Subordinated notes warrants				5,000,000
Loss on debt issuance				$ 3,000,000
Subordinated Note Warrants [Member]
Short-Term Debt [Line Items]
Warrants to purchase common stock		1,141,552		1,141,552
Fair value of the Subordinated Note Warrants		$ 2,800,000		$ 2,800,000

Schedule of Operating Leases Ri

Schedule of Operating Leases Right of Use Asset (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Total right–of–use asset	$ 1,063,659	$ 155,253
Total lease liability	1,052,827	135,706
Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Total right–of–use asset	895,623
Total lease liability	898,736
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total right–of–use asset	168,036	155,253
Total lease liability	$ 154,092	$ 135,706

Schedule of Components of Lease

Schedule of Components of Lease Costs (Details) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating lease cost		$ 50,654		$ 140,579
Short–term lease cost	[1]			25,200
Variable lease cost	[2]	3,196		9,588
Total lease cost		$ 53,850		$ 175,367
[1]One of the Company’s office space operating leases, which expired in September 2024, had an initial lease term of less than 12 months and was considered a short-term lease. The Company does not capitalize short–term leases, instead the costs are expensed as they are incurred.[2]Variable lease costs include operating costs, such as parking and property taxes, associated with the Company’s office leases. The Company expenses variable lease costs as they are incurred.

Schedule of Future Commitments

Schedule of Future Commitments of Operating Lease Liabilities (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
October 1, 2024 through September 30, 2025	$ 247,493
October 1, 2025 through September 30, 2026	327,011
October 1, 2026 through September 30, 2027	235,919
October 1, 2027 through September 30, 2028	219,725
October 1, 2028 through September 30, 2029	224,400
Thereafter	114,537
Total lease payments	1,369,085
Less: imputed interest	(316,258)
Total lease liability	$ 1,052,827	$ 135,706

Schedule of Supplemental Cash F

Schedule of Supplemental Cash Flow Related to Leases (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases	$ 131,650
Right–of–use assets obtained in exchange for operating liabilities	$ 1,019,744

Leases (Details Narrative)

Leases (Details Narrative)	Sep. 30, 2024
Leases [Abstract]
Weighted average lease term (years)	4 years 4 months 24 days
Weighted average discount rate	10.20%

Preferred Stock (Details Narrat

Preferred Stock (Details Narrative) - USD ($)			3 Months Ended		9 Months Ended
		May 03, 2023	Sep. 30, 2024	Jun. 30, 2023	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023
Class of Stock [Line Items]
Common stock shares issued			22,918,763		22,918,763	9,826,719
Common Stock [Member]
Class of Stock [Line Items]
Issuance of Series D Preferred Stock, shares	[1]	3,860,898
Common stock shares issued							7,074,742
Series D PIPE Investor [Member]
Class of Stock [Line Items]
Proceeds from investors					$ 17,400,000
Issuance of Series D Preferred Stock, shares					17,376
Series E PIPE Investor [Member]
Class of Stock [Line Items]
Proceeds from investors					$ 20,000,000
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Issuance of Series D Preferred Stock, shares					20,000
Series D Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			50,000		50,000	50,000
Preferred stock, par value			$ 0.01		$ 0.01	$ 0.01
Preferred stock stated value			$ 1,000		$ 1,000
Conversion price of preferred stock into common stock			$ 5		$ 5
Preferred stock, shares outstanding			14,457		14,457	20,627
Series D Preferred Stock [Member] | Preferred Stock [Member]
Class of Stock [Line Items]
Issuance of Series D Preferred Stock, shares				17,376
Debentures issued					4,423
Series D Preferred Stock [Member] | Common Stock [Member]
Class of Stock [Line Items]
Conversion of stock shares converted			2,050		6,170
Conversion of stock, shares issued			410,000		1,234,090
Series D Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Conversion price of preferred stock into common stock			$ 8.50		$ 8.50
Series D A Warrants [Member] | Series D PIPE Investor [Member]
Class of Stock [Line Items]
Warrant issued			3,475,250		3,475,250
Series D B Warrants [Member] | Series D PIPE Investor [Member]
Class of Stock [Line Items]
Warrant issued			3,475,250		3,475,250
Series E Preferred Stock [Member]
Class of Stock [Line Items]
Preferred stock, shares authorized			50,000		50,000	50,000
Preferred stock, par value			$ 0.01		$ 0.01	$ 0.01
Preferred stock stated value			$ 1,000		$ 1,000
Conversion price of preferred stock into common stock			$ 5		$ 5
Preferred stock, shares outstanding			0		0	20,000
Series E Preferred Stock [Member] | Common Stock [Member]
Class of Stock [Line Items]
Conversion of stock shares converted					4,000,000
Series E Preferred Stock [Member] | Series E PIPE Investor [Member]
Class of Stock [Line Items]
Common stock shares issued			39,615		39,615
Series E Preferred Stock [Member] | Maximum [Member]
Class of Stock [Line Items]
Conversion price of preferred stock into common stock			$ 8.50		$ 8.50
Series E A Warrants [Member] | Series A Warrants [Member]
Class of Stock [Line Items]
Warrant issued			4,000,000		4,000,000
Series E B Warrants [Member] | Series B Warrants [Member]
Class of Stock [Line Items]
Warrant issued			4,000,000		4,000,000
[1]Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023.

Common Stock (Details Narrative

Common Stock (Details Narrative) - USD ($)					3 Months Ended					9 Months Ended
		Sep. 30, 2024	Sep. 07, 2023	May 03, 2023	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized		500,000,000			500,000,000					500,000,000		500,000,000
Common Stock, Par or Stated Value Per Share		$ 0.01		$ 0.01	$ 0.01					$ 0.01		$ 0.01
Shares issued price per share				$ 0.25
Common stock, shares issued		22,918,763			22,918,763					22,918,763		9,826,719
Common stock, shares outstanding		22,918,763			22,918,763					22,918,763		9,826,719
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of common stock shares issued		1,827,040
Shares issued price per share		$ 8.21			$ 8.21					$ 8.21
Standby Equity Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance of Series D Preferred Stock, shares										100,000
Payment to structuring fee		$ 25,000
Number of shares issued for services		100,000
Common stock conversion features		Any purchases under an Advance will be subject to certain limitations, including that Yorkville cannot acquire (i) any shares that would result in the Yorkville, including its affiliates, beneficially owning more than 4.99% of the Company’s outstanding Common Stock at the time of an Advance or (ii) more than 19.99% of the Company’s issued and outstanding Common Stock as of the SEPA Effective Date (the “Exchange Cap”), subject to limited exceptions.
Standby Equity Purchase Agreement [Member] | Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Sale of stock										$ 40,000,000
Obligation Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Fair value of loss								$ 800,000			$ 1,500,000
Obligation Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Fair value of obligation shares			$ 1,500,000
Fair value of loss			$ 800,000					$ 800,000			$ 1,500,000
Member Units [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Stock issued during period, shares, conversion of units				2,297,669
Issuance of common stock to former stockholders of Creek Road Miners upon Merger, shares				2,297,668
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized								500,000,000			500,000,000
Stock issued during period, shares, conversion of units				2,297,668	410,000	579,090	245,000
Issuance of common stock to former stockholders of Creek Road Miners upon Merger, shares				3,860,898					3,860,917
Issuance of Series D Preferred Stock, shares	[1]			3,860,898
Number of common stock shares issued					1,827,040
Shares issued price per share	[2]			$ 2.57
Number of shares issued for services					100,000
Common stock, shares issued								7,074,742			7,074,742
Common stock, shares outstanding								7,074,742			7,074,742
Common Stock [Member] | Obligation Shares [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance of Series D Preferred Stock, shares				205,970							205,970
[1]Represents the historical shares of Common Stock outstanding immediately prior to the Closing of the Merger on May 3, 2023.[2]Based on the last reported sale price of Common Stock on OTC Capital Markets on May 3, 2023, the closing date of the Merger.

Common Stock Options and Warr_2

Common Stock Options and Warrants (Details Narrative)							1 Months Ended	3 Months Ended				9 Months Ended		12 Months Ended
		Sep. 30, 2024 USD ($) $ / shares shares	Apr. 08, 2024	Aug. 30, 2023 USD ($) $ / shares shares	May 03, 2023 USD ($) $ / shares shares	Aug. 31, 2022 USD ($) BOED	May 03, 2023 USD ($) $ / shares	Sep. 30, 2024 USD ($) $ / shares shares	Jun. 30, 2024 shares	Mar. 31, 2024 shares	Jun. 30, 2023 shares	Sep. 30, 2024 USD ($) $ / shares shares	Sep. 30, 2023 USD ($)	Dec. 31, 2023 shares
Non compensatory options to purchase membership interest						40%
Purchase of non compensatory options | $						$ 1,000,000
Sale of non compensatory options | $						$ 80,000
Restricted options exercisable increments percentage						25%
Barrels of oil equivalent per day one | BOED						2,500
Barrels of oil equivalent per day two | BOED						5,000
Barrels of oil equivalent per day three | BOED						7,500
Barrels of oil equivalent per day four | BOED						10,000
Non compensatory options acquire					8,000,000
Shares issued price per share | $ / shares					$ 0.25		$ 0.25
Options are subject to be transferred | $												$ 2,000,000
Stock issued during period value acquisitions | $							$ 9,928,262
Proceeds from issuance of warrant | $													$ 20,000,000
Proceeds from warrant exercises | $												$ 33,538,393
Subordinated Note Warrants [Member]
Warrant issued		1,141,552						1,141,552				1,141,552
fair value of the Subordinated Note Warrants | $		$ 2,800,000						$ 2,800,000				$ 2,800,000
Series D A Warrants [Member]
Warrant outstanding		3,215,761						3,215,761				3,215,761		3,405,250
Warrant exercised								10,000				179,489
Proceeds from issuance of warrant | $								$ 100,000				$ 1,100,000
Warrant term		3 years 7 months 6 days						3 years 7 months 6 days				3 years 7 months 6 days		4 years 3 months 18 days
Series D B Warrants [Member]
Warrant outstanding														1,400,250
Warrant exercised												1,400,250
Proceeds from issuance of warrant | $												$ 8,400,000
Warrant term														3 months 18 days
Series E A Warrants [Member]
Warrant term		3 years 10 months 24 days						3 years 10 months 24 days				3 years 10 months 24 days		4 years 7 months 6 days
Warrants expire date		Aug. 15, 2028						Aug. 15, 2028				Aug. 15, 2028
Series E B Warrants [Member]
Warrants expire date		Aug. 15, 2024						Aug. 15, 2024				Aug. 15, 2024
Proceeds from warrant exercises | $								$ 24,000,000
Warrant [Member]
Warrant issued		53,938						53,938				53,938
Exercise price | $ / shares												$ 49.71
Warrant outstanding		43,438						43,438				43,438		53,938
Remaining contractual life												1 year 10 months 24 days		2 years 2 months 12 days
Common Stock [Member]
Shares issued price per share | $ / shares	[1]				$ 2.57		$ 2.57
Stock issued during period value acquisitions | $							$ 38,609
Issuance of common stock to former stockholders of Creek Road Miners upon Merger, shares					3,860,898						3,860,917
Warrant exercised								4,010,000	836,130	743,610
Common Stock [Member] | Series D PIPE Warrants [Member]
Warrant issued		6,950,500						6,950,500				6,950,500
Warrant exercise price | $ / shares		$ 6						$ 6				$ 6
Common Stock [Member] | Series E PIPE Warrants [Member]
Warrant issued		8,000,000						8,000,000				8,000,000
Warrant exercise price | $ / shares		$ 6						$ 6				$ 6
Series E B Warrants [Member]
Warrant outstanding														4,000,000
Warrant term														7 months 6 days
Warrant exercised								4,000,000
Series E A Warrants [Member]
Warrant outstanding		4,000,000						4,000,000				4,000,000		4,000,000
Exok Warrants [Member]
Warrant outstanding		670,499						670,499				670,499		670,499
Warrant exercise price | $ / shares		$ 7.43						$ 7.43				$ 7.43
Warrant term		3 years 10 months 24 days						3 years 10 months 24 days				3 years 10 months 24 days		4 years 7 months 6 days
Warrants expire date		Aug. 15, 2028						Aug. 15, 2028				Aug. 15, 2028
Subordinated Note Warrants [Member]
Warrant outstanding		285,389						285,389				285,389
Warrant exercise price | $ / shares		$ 8.89						$ 8.89				$ 8.89
Warrant term		5 years						5 years				5 years
Subordinated Note Warrants [Member] | Maximum [Member]
Warrant, vested												1,141,552
Noncompensatory Option Purchase Agreement [Member]
Shares issued price per share | $ / shares		$ 0.25		$ 0.25				$ 0.25				$ 0.25
Stock issued during period value acquisitions | $		$ 800,000		$ 200,000
Issuance of common stock to former stockholders of Creek Road Miners upon Merger, shares				2,000
Letter Agreement [Member] | Warrant [Member]
Beneficial ownership limitation			the holder would own more than 4.99% of the outstanding shares of the Company’s Common Stock, which may be increased by the holder upon written notice to the Company, to any specified percentage not in excess of 9.99% (the “Beneficial Ownership Limitation Ceiling”). The Letter Agreement increases the Beneficial Ownership Limitation Ceiling from 9.99% to 19.99%. Pursuant to the Letter Agreement, Bristol Investment further notified the Company of its intent to immediately increase the Beneficial Ownership Limitation Ceiling to 19.99% and the parties agreed to waive the waiting period with respect to such notice.
Bristol Capital LLC [Member]
Non compensatory options acquire | $					$ 24,000
BOKA Energy LP [Member]
Non compensatory options acquire | $					$ 8,000
[1]Based on the last reported sale price of Common Stock on OTC Capital Markets on May 3, 2023, the closing date of the Merger.

Schedule of Restricted Stock Un

Schedule of Restricted Stock Units (Details)	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Equity Classified Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested beginning number of shares	528,545
Unvested beginning weighted average fair value | $ / shares	$ 14.58
Unvested granted number of shares	506,703
Unvested granted weighted average fair value | $ / shares	$ 12.80
Unvested vested number of shares	(324,704)
Unvested vested weighted average fair value | $ / shares	$ 14.57
Unvested ending number of shares	710,543
Unvested ending weighted average fair value | $ / shares	$ 13.47
Unvested vested number of shares	324,704
Equity Classified Performance Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested beginning number of shares
Unvested beginning weighted average fair value | $ / shares
Unvested granted number of shares	313,440
Unvested granted weighted average fair value | $ / shares	$ 23.10
Unvested vested number of shares
Unvested vested weighted average fair value | $ / shares
Unvested ending number of shares	313,440
Unvested ending weighted average fair value | $ / shares	$ 23.10
Unvested vested number of shares
Liability Classified Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Unvested beginning number of shares	19,030
Unvested beginning weighted average fair value | $ / shares	$ 14.71
Unvested granted number of shares	24,366
Unvested granted weighted average fair value | $ / shares	$ 12.80
Unvested vested number of shares	(16,470)
Unvested vested weighted average fair value | $ / shares	$ 13.57
Unvested ending number of shares	26,926
Unvested ending weighted average fair value | $ / shares	$ 13.07
Unvested vested number of shares	16,470

Long_Term Incentive Compensat_3

Long–Term Incentive Compensation (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock reserved shares	7,500,000		7,500,000
Stock based compensation costs			$ 5,835,339	$ 927,221
Equity Classified Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation costs	$ 1,700,000	$ 900,000	5,000,000	900,000
Equity Classified Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Cost not yet recognized	6,300,000		$ 6,300,000
Remaining term			1 year 1 month 6 days
Equity Classified Performance Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation costs	700,000		$ 900,000
Cost not yet recognized	6,300,000		$ 6,300,000
Remaining term			2 years 3 months 18 days
Liability Classified Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock based compensation costs	100,000	$ 100,000	$ 200,000	$ 100,000
Cost not yet recognized	$ 200,000		$ 200,000
Remaining term			7 months 6 days
Share based compensation, descri[ption			The Company has also granted RSUs to certain of its directors and advisors, which primarily vest one year following the grant date, subject to the director’s or advisor’s continued service through the applicable vesting date. Such RSUs are payable 60% in Common Stock and 40% in either cash or Common Stock (or a combination thereof), as determined by the Committee.

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)						1 Months Ended		3 Months Ended		9 Months Ended
	Sep. 30, 2024	Aug. 15, 2024	Aug. 30, 2023	Aug. 15, 2023	May 03, 2023	Oct. 31, 2023	May 03, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger							$ 9,928,262
[custom:StockIssuedDuringPeriodSharesNonCompensatoryOptionsAcquire]					8,000,000
Shares issued price per share					$ 0.25		$ 0.25
Stock issued during period, value, new issues							$ 16,447,649
Liquidated damages									$ 173,763		$ 173,763
Common stock voting rights thresold percentage		29.90%
Series E PIPE Investor [Member]
Consideration recieved per transaction				$ 20,000,000
Number of shares issued				39,614
Warrant issued				8,000,000
Exercise price				$ 6
Subordinated Promissory Note and Subordinated Note Warrants [Member]
Debt instrument, issued, principal amount										$ 5,000,000
Debt maturity date										Sep. 30, 2025
Subordinated Promissory Note and Subordinated Note Warrants [Member] | Maximum [Member]
Warrant, vested										1,141,552
Series D Preferred Stock [Member]
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger					$ 3,209,196
Series D Preferred Stock [Member] | Jonathan H Gary [Member]
Stock issued during period, value, new issues					750,000
Series D Preferred Stock and D Pipe Warrants [Member] | Jonathan H Gary [Member]
Stock issued during period, value, new issues					254,875
Series E Preferred Stock [Member]
Number of shares issued				20,000
Rose Hill Holdings Limited [Member]
[custom:StockIssuedDuringPeriodSharesNonCompensatoryOptionsAcquire]										800,000
Bristol Investment Fund Ltd [Member] | Series D Preferred Stock [Member]
Stock issued during period, value, new issues					$ 1,250,000
Noncompensatory Option Purchase Agreement [Member]
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger	$ 800,000		$ 200,000
Shares issued price per share	$ 0.25		$ 0.25					$ 0.25		$ 0.25
Consent Agreement [Member]
Related party transaction description of transaction		the Company entered into a Consent and Agreement (the “Consent and Agreement”) with the O’Neill Trust, pursuant to which the O’Neill Trust (a) consented to, and waived any and all negative covenants with respect to, any and all transactions the Company may consummate in connection with the funding of the NRO Acquisition and its ongoing operations; (b) released its mortgage on certain property of the Company, which was established in favor of the O’Neill Trust securing the Company’s obligations under the Series E Certificate; and (c) agreed to (i) amend Section 6(d) of the Series E Certificate to increase the Beneficial Ownership Limitation Ceiling from 9.99% to 49.9%, (ii) increase the Beneficial Ownership Limitation from 9.99% to 49.9% and (iii) amend Section 2(e) of each of the O’Neill Trust’s Series D A Warrant and Series E A Warrant and Section 2(d) of the O’Neill Trust’s Series E B Warrant to increase the Beneficial Ownership Limitation Ceiling from 25% to 49.9%.
Common stock voting rights thresold percentage		49.90%
AR Debentures [Member]
Stock issued during period, shares, conversion of units						400,666

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - Nickel Road Operating Llc Agreement [Member] - Subsequent Event [Member] $ in Millions	Oct. 01, 2024 USD ($)
Subsequent Event [Line Items]
Asset acquisition price	$ 49.6
Proceeds from the issuance of the subordinated note	2
Proceeds from convertible debt	$ 14.3