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

12 Months Ended

Sep. 30, 2014

Tables/Schedules

Summary of Changes Present Value of Estimated Future Net Revenue

	Year ended September 30
	2014	2013
Present value of estimated future net revenue, beginning of year	$ 262,000	$ 213,000
Sales, net of production costs	(81,000)	(82,000)
Net change in prices and cost of future production	31,000	(9,000)
Revisions of quantity estimates	4,000	138,000
Accretion of discount	26,000	21,000
Change in production rates and other	14,000	(19,000)
Present value of estimated future net revenue, end of year	$ 256,000	$ 262,000