XML 30 R3.htm IDEA: XBRL DOCUMENT v3.23.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 2,830 $ 12,804
Accounts and other receivables, net of allowance for doubtful accounts of: $284,000 at September 30, 2023; $231,000 at September 30, 2022 3,246 4,361
Income taxes receivable 16 0
Other current assets 2,993 2,932
Total current assets 9,085 20,097
Asset for retirement benefits 4,471 3,385
Operating lease right-of-use assets 54 132
Property and equipment:    
Proved oil and natural gas properties, net (full cost method) 21,302 13,232
Drilling rigs and other property and equipment, net 509 369
Total Net Property and Equipment 21,811 13,601
Total assets 35,421 37,215
Current liabilities:    
Accounts payable 881 1,462
Accrued capital expenditures 1,099 1,655
Accrued compensation 726 999
Accrued operating and other expenses 1,747 1,576
Current portion of asset retirement obligation 1,536 1,327
Other current liabilities 609 1,908
Total current liabilities 6,598 8,927
Long-term debt 0 44
Operating lease liabilities 47 117
Liability for retirement benefits 1,664 1,649
Asset retirement obligation 8,297 7,129
Deferred income tax liabilities 58 188
Total liabilities 16,664 18,054
Commitments and contingencies (Note 17)
Equity:    
Common stock, par value $0.50 per share; authorized, 40,000,000 shares: 10,158,678 issued at September 30, 2023; 10,124,587 issued at September 30, 2022 5,079 5,062
Additional paid-in capital 7,687 7,351
Retained earnings 6,160 7,720
Accumulated other comprehensive income, net 2,104 1,294
Treasury stock, at cost: 167,900 shares at September 30, 2023 and 2022 (2,286) (2,286)
Total stockholders’ equity 18,744 19,141
Non-controlling interests 13 20
Total equity 18,757 19,161
Total liabilities and equity $ 35,421 $ 37,215