Note 7 - Oil and Gas Exploration and Production Industries Disclosures: Present Value of Estimated Future Net Revenue (Tables)

12 Months Ended

Sep. 30, 2012

Tables/Schedules

Present Value of Estimated Future Net Revenue

	At September 30
	2012	2011
Estimated future revenue	$              381,000	$              837,000
Estimated future expenditures	(46,000)	(90,000)
Estimated future net revenue	335,000	747,000
10% annual discount of estimated future net revenue	(122,000)	(345,000)
Present value of estimated future net revenue	$              213,000	$              402,000