Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net loss	$ (1,560,073)	$ (1,204,191)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	260,000	237,720
Depreciation expense	20,000	922
Amortization of debt discount	77,964	67,368
Asset retirement obligation expense	2,754	0
(Gain) loss on change in fair value of derivative liabilities	0	(78,397)
Changes in operating assets and liabilities:
Accounts receivable	0	(7,940)
Joint interest billing receivable	23,552	0
Prepaid expenses and other current assets	(11,508)	(51,250)
Accounts payable	678,767	(95,928)
Accounts payable-related party	85,885	(13,085)
Interest payable	64,682	22,427
Net cash used in operating activities	(357,977)	(1,122,354)
Cash flows from investing activities:
Cash paid for purchase of property and equipment	(10,074)	(55,300)
Acquisition of oil and gas property	(337,759)	(1,165,212)
Net cash used in investing activities	(347,833)	(1,220,512)
Cash flows from financing activities:
Proceeds from convertible credit line, related party	490,330	0
Proceeds from advances, related parties	130,381	120,236
Repayment of advances, related parties	0	(10,000)
Repayment of convertible credit line payable - related party	0	(30,000)
Proceeds from senior secured convertible notes payable, related party	0	500,000
Proceeds from unexecuted subscription agreements	0	2,504,500
Net cash provided by financing activities	620,711	3,084,736
Net change in cash and cash equivalents	(85,099)	741,870
Cash and cash equivalents, at beginning of period	95,362	217
Cash and cash equivalents, at end of period	10,263	742,087
Supplemental disclosures of cash flow information:
Cash paid for interest	16,210	23,596
Cash paid for income taxes	0	0
Supplemental disclosure of non-cash investing and financing activities:
Debt discount on senior secured convertible notes payable – related party and convertible credit line payable – related party	0	208,476
Shares issued for the settlement of accounts payable, related party	354,260	0
Related Party Advances and Promissory Note Converted into 7.25% Note [Member]
Supplemental disclosure of non-cash investing and financing activities:
Advances and other liabilities converted to senior secured convertible notes payable, related party	$ 0	$ 819,963

TRULEUM, INC. 10-Q