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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, 2016
Tables/Schedules  
Present Value of Estimated Future Net Revenue

 

At September 30

2016

2015

Estimated future revenue

 $           85,000

 $             191,000

Estimated future expenditures

             (10,000)

         (20,000)

Estimated future net revenue

              75,000

                171,000

10% annual discount of estimated future net

revenue

           (26,000)

             (68,000)

Present value of estimated future net revenue

 $           49,000

 $            103,000