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SEGMENT INFORMATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Revenue before interest income $ 5,650,000 $ 8,028,000 $ 18,348,000 $ 20,159,000
Interest income 25,000 0 77,000 2,000
Total revenues 5,675,000 8,028,000 18,425,000 20,161,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 1,257,000 814,000 2,858,000 1,915,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 305,000 3,945,000 3,984,000 9,035,000
Equity in income of affiliates:        
Equity in income of affiliates 0 433,000 538,000 3,400,000
General and administrative expenses (1,328,000) (1,713,000) (5,627,000) (5,784,000)
Foreign currency gain 121,000 0 201,000 0
Interest expense (1,000) (1,000) (1,000) (1,000)
Interest income 25,000 0 77,000 2,000
(Loss) earnings before income taxes (878,000) 2,664,000 (828,000) 6,652,000
Intersegment eliminations        
Revenues:        
Total revenues     0  
Oil and natural gas        
Revenues:        
Revenue before interest income 4,503,000 7,292,000 13,415,000 16,345,000
Total revenues 4,503,000 7,292,000 13,415,000 16,345,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 1,210,000 772,000 2,724,000 1,785,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 287,000 4,123,000 2,974,000 8,121,000
Contract drilling        
Revenues:        
Revenue before interest income 1,134,000 736,000 4,583,000 2,430,000
Total revenues 1,134,000 736,000 4,583,000 2,430,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 47,000 41,000 133,000 129,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 5,000 (177,000) 110,000 (469,000)
Land investment        
Revenues:        
Revenue before interest income 0 0 265,000 1,295,000
Total revenues 0 0 265,000 1,295,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 0 0 265,000 1,295,000
Other        
Revenues:        
Revenue before interest income 13,000 0 85,000 89,000
Total revenues 38,000 0 162,000 91,000
Depletion, depreciation, and amortization:        
Depletion, depreciation, and amortization 0 1,000 1,000 1,000
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) 13,000 (1,000) 84,000 88,000
Gain on sale of asset        
Operating profit (loss) (before general and administrative expenses):        
Operating profit (loss) (before general and administrative expenses) $ 0 $ 0 $ 551,000 $ 0