Note 4 - Unproven Oil and Gas Properties, Full Cost Method (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Oil and Gas, Full Cost Method, Capitalized Cost Excluded from Amortization [Table Text Block]

	December 31,		December 31,
	2024		2023
	US$		US$
	thousands		thousands
Excluded from amortization base:
Drilling costs, and other operational related costs		6,426		2,538
Capitalized salary costs		2,546		2,444
Capitalized interest costs		1,418		1,418
Legal and seismic costs, license fees and other preparation costs		11,253		10,198
Other costs		39		39
		21,682		16,637

Schedule Of Impairment Of Unproved Oil And Gas Properties [Table Text Block]

	For the year ended
	December 31,
	2024		2023
	US$		US$
	thousands		thousands
Excluded from amortization base:
Drilling costs, and other operational related costs		-		75
Legal and seismic costs, license fees and other preparation costs		-		60
		-		135

Oil and Gas, Present Activity [Table Text Block]

	December 31,			December 31,
	2024			2023
	US$			US$
	thousands			thousands
Excluded from amortization base:
Drilling costs, and other operational related costs		3,888			251
Capitalized salary costs		102			102
Legal and seismic costs, license fees and other preparation costs		1,055			530
Impairment of unproved oil and gas properties		-			(135	)
		5,045	*		748	*