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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, 2015
Tables/Schedules  
Present Value of Estimated Future Net Revenue

 

At September 30

2015

2014

Estimated future revenue

 $     191,000

 $     503,000

Estimated future expenditures

                   (20,000)

                   (54,000)

Estimated future net revenue

                  171,000

                   449,000

10% annual discount of estimated future net revenue

                   (68,000)

                  (193,000)

Present value of estimated future net revenue

 $     103,000

 $     256,000