Note 4 - Land Purchases and Sales

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Real Estate Disclosure [Text Block]

Note 4: Land Purchases and Sales

Land Purchases

No land purchases were made during the year ended December 31, 2024. 

Land Sales 

During the year ended December 31, 2024, the Company sold the following lands:

	+/-		Louisiana						Mineral
Quarter	Acres		Parish	Ownership			Land		Rights %
2nd		25.00	Calcasieu		100	%	$	140,582		0	%

During the year ended December 31, 2023, the Company sold the following lands:

	+/-		Louisiana						Mineral
Quarter	Acres		Parish	Ownership			Land		Rights %
1st		80.00	Jefferson Davis		16.67	%	$	149,992		0	%

For the years ended December 31, 2024 and 2023, gains on sales of land were $85,636 and $149,992, respectively.