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Consolidated Balance Sheet (USD $)
Dec. 31, 2012
Sep. 30, 2012
Cash and cash equivalents $ 2,835,000 $ 2,852,000
Accounts receivable 15,000 13,000
Other 10,000 15,000
Total current assets 2,860,000 2,880,000
Proved oil and gas properties (successful efforts method) 347,000 347,000
Total property and equipment, at cost 364,000 364,000
Less accumulated depreciation, depletion, and amortization (164,000) (155,000)
Net property and equipment 200,000 209,000
Other assets 3,000 3,000
Total assets 3,063,000 3,092,000
Accounts payable 7,000 12,000
Other accrued expenses 241,000 195,000
Total current liabilities 248,000 207,000
Commitments and Contingencies      
Preferred stock, $.01 par value. Authorized 5,000,000 shares, none issued      
Common stock, $.01 par value. Authorized 50,000,000 shares; issued and outstanding, 13,288,343 133,000 133,000
Additional paid-in capital 13,887,000 13,887,000
Accumulated deficit (11,205,000) (11,135,000)
Total stockholders' equity 2,815,000 2,885,000
Total stockholders' equity and liabilities $ 3,063,000 $ 3,092,000