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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 2,572 $ 12,804
Accounts and other receivables, net of allowance for doubtful accounts of: $250,000 at June 30, 2023; $231,000 at September 30, 2022 3,286 4,361
Income taxes receivable 51 0
Other current assets 3,238 2,932
Total current assets 9,147 20,097
Asset for retirement benefits 3,581 3,385
Operating lease right-of-use assets 75 132
Property and equipment:    
Proved properties 81,102 67,883
Drilling rigs and other property and equipment 7,236 6,923
Total property and equipment 88,338 74,806
Accumulated depletion, impairment, depreciation, and amortization (66,006) (61,205)
Total property and equipment, net 22,332 13,601
Total assets 35,135 37,215
Current liabilities:    
Accounts payable 1,408 1,462
Accrued capital expenditures 1,699 1,655
Accrued compensation 616 999
Accrued operating and other expenses 1,672 1,576
Current portion of asset retirement obligation 1,607 1,327
Other current liabilities 564 1,908
Total current liabilities 7,566 8,927
Long-term debt 0 44
Operating lease liabilities 58 117
Liability for retirement benefits 1,713 1,649
Asset retirement obligation 7,641 7,129
Deferred income tax liabilities 89 188
Total liabilities 17,067 18,054
Commitments and contingencies
Equity:    
Common stock, par value $0.50 per share; authorized, 40,000,000 shares: 10,158,678 issued at June 30, 2023; 10,124,587 issued at September 30, 2022 5,079 5,062
Additional paid-in capital 7,602 7,351
Retained earnings 6,406 7,720
Accumulated other comprehensive income, net 1,251 1,294
Treasury stock, at cost: 167,900 shares at June 30, 2023 and September 30, 2022 (2,286) (2,286)
Total stockholders’ equity 18,052 19,141
Non-controlling interests 16 20
Total equity 18,068 19,161
Total liabilities and equity $ 35,135 $ 37,215