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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Revenue before interest income $ 7,482,000 $ 5,453,000
Interest income 29,000 1,000
Total revenues 7,511,000 5,454,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 840,000 483,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 2,892,000 2,074,000
Equity in income (loss) of affiliates:    
Equity in income of affiliates 538,000 1,207,000
General and administrative expenses (2,249,000) (1,830,000)
Foreign currency gain 78,000 0
Interest income 29,000 1,000
Earnings before income taxes 1,288,000 1,452,000
Intersegment eliminations    
Revenues:    
Total revenues 0  
Oil and natural gas    
Revenues:    
Revenue before interest income 5,226,000 3,920,000
Total revenues 5,226,000 3,920,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 796,000 436,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 1,986,000 1,568,000
Contract drilling    
Revenues:    
Revenue before interest income 1,948,000 876,000
Total revenues 1,948,000 876,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 43,000 47,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 48,000 (151,000)
Land investment    
Revenues:    
Revenue before interest income 265,000 600,000
Total revenues 265,000 600,000
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 265,000 600,000
Other    
Revenues:    
Revenue before interest income 43,000 57,000
Total revenues 72,000 58,000
Depletion, depreciation, and amortization:    
Depletion, depreciation, and amortization 1,000 0
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): 42,000 57,000
Gain (Loss) on Sale of Assets    
Operating profit (loss) (before general and administrative expenses):    
Operating profit (loss) (before general and administrative expenses): $ 551,000 $ 0