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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 10—SUBSEQUENT EVENTS

 

In early 2022, the operator of a well in which the Company previously held an interest notified the Company, and other participants in said well, that it was exercising its rights under the applicable operating agreement to recover a proportionate share of plugging costs of the well arising from a default in payment by a participant. In March 2022, the Company agreed, in principal, to pay $35,000 in settlement of its obligations under the operating agreement.