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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Sep. 30, 2016
Current assets    
Cash and cash equivalents $ 2,379,000 $ 2,472,000
Accounts receivable 2,000 3,000
Other 22,000 16,000
Total current assets 2,403,000 2,491,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) 334,000 334,000
Other 3,000 17,000
Total property and equipment, at cost 337,000 351,000
Less accumulated depreciation, depletion, and amortization (227,000) (224,000)
Net property and equipment 110,000 127,000
Total assets 2,513,000 2,618,000
Current liabilities    
Accounts payable 3,000 7,000
Other accrued expenses 1,081,000 1,080,000
Total current liabilities 1,084,000 1,087,000
Commitments and Contingencies
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, 12,734,452; outstanding 12,644,452 at June 30, 2017 and 12,734,452 at September 30, 2016 127,000 127,000
Additional paid-in capital 13,837,000 13,837,000
Accumulated deficit (12,527,000) (12,433,000)
Treasury stock, at cost, 90,000 shares (8,000)  
Total stockholders' equity 1,429,000 1,531,000
Total liabilities and stockholders' equity $ 2,513,000 $ 2,618,000