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SEGMENT AND GEOGRAPHIC INFORMATION (Details) - USD ($)
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Revenue before interest income $ 28,527,000 $ 18,105,000
Interest income 18,000 8,000
Total revenues 28,545,000 18,113,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 2,778,000 963,000
Impairment:    
Impairment of assets 89,000 668,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 11,630,000 6,345,000
Equity in income (loss) of affiliates:    
Equity in income of affiliates 3,400,000 5,793,000
General and administrative expenses (8,044,000) (7,088,000)
Foreign currency loss (484,000) 0
Interest expense (1,000) (13,000)
Interest income 18,000 8,000
Gain on debt extinguishment 0 149,000
Gain on termination of post-retirement medical plan 0 2,341,000
Earnings before income taxes 6,519,000 7,535,000
Capital Expenditures:    
Capital Expenditure 13,805,000 3,091,000
Assets By Segment:    
Total assets 37,215,000 24,435,000
Corporate and other    
Capital Expenditures:    
Capital Expenditure 5,000 1,000
Assets By Segment:    
Total assets 3,674,000 2,684,000
Corporate and other | Cash and other    
Assets By Segment:    
Total assets 12,804,000 11,279,000
Intersegment eliminations    
Revenues:    
Total revenues 0 0
Oil and natural gas    
Revenues:    
Revenue before interest income 22,581,000 10,254,000
Total revenues 22,581,000 10,254,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 2,606,000 645,000
Impairment:    
Impairment of assets 0 630,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 10,536,000 2,423,000
Oil and natural gas | Operating segments    
Capital Expenditures:    
Capital Expenditure 13,755,000 3,028,000
Assets By Segment:    
Total assets 17,477,000 6,401,000
Land investment    
Revenues:    
Revenue before interest income 1,295,000 1,738,000
Total revenues 1,295,000 1,738,000
Impairment:    
Impairment of assets 89,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 1,206,000 1,738,000
Contract drilling    
Revenues:    
Revenue before interest income 4,540,000 5,809,000
Total revenues 4,540,000 5,809,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 171,000 305,000
Impairment:    
Impairment of assets 0 38,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) (222,000) (89,000)
Contract drilling | Operating segments    
Capital Expenditures:    
Capital Expenditure 45,000 62,000
Assets By Segment:    
Total assets 3,260,000 4,071,000
Other    
Revenues:    
Revenue before interest income 111,000 304,000
Total revenues 129,000 312,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 1,000 13,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) 110,000 291,000
Gain on sale of assets    
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses) $ 0 $ 1,982,000