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Note 7 - Oil and Gas Exploration and Production Industries Disclosures: Present Value of Estimated Future Net Revenue (Tables)
12 Months Ended
Sep. 30, 2014
Tables/Schedules  
Present Value of Estimated Future Net Revenue

 

At September 30

2014

2013

Estimated future revenue

 $ 503,000

 $ 521,000

Estimated future expenditures

                   (54,000)

                   (56,000)

Estimated future net revenue

                   449,000

                   465,000

10% annual discount of estimated future net revenue

                  (193,000)

                  (203,000)

Present value of estimated future net revenue

 $ 256,000

 $ 262,000