Note 2 - Oil and Gas Leases (Details) - Oil and Gas Leasing Activities (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Gross revenues
Royalty interests	$ 1,716,192	$ 2,558,605
Seismic and Lease Fees	91,128	259,001
	1,807,320	2,817,606
Production costs	114,204	219,224
Results before income tax expense	1,693,116	2,598,382
Estimated income tax expense (40%)	677,246	1,039,353
Results of operations from producing activities excluding corporate overhead	$ 1,015,870	$ 1,559,029