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Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Sep. 30, 2015
Current assets    
Cash and cash equivalents $ 2,472,000 $ 2,605,000
Accounts receivable 3,000 7,000
Other 16,000 16,000
Total current assets 2,491,000 2,628,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) (Notes 6 and 7) 334,000 334,000
Other 17,000 17,000
Total property and equipment, at cost 351,000 351,000
Less accumulated depreciation, depletion, and amortization (224,000) (202,000)
Net property and equipment 127,000 149,000
Other assets   1,000
Total assets 2,618,000 2,778,000
Current liabilities    
Accounts payable 7,000 18,000
Other accrued expenses 1,080,000 844,000
Total current liabilities 1,087,000 862,000
Commitments and Contingencies (Notes 3, 5 and 6)
Stockholders' equity    
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, 12,734,452 and 12,923,232, respectively 127,000 129,000
Additional paid-in capital 13,837,000 13,851,000
Accumulated deficit (12,433,000) (12,064,000)
Total stockholders' equity 1,531,000 1,916,000
Total stockholders' equity and liabilities $ 2,618,000 $ 2,778,000