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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, 2017
Tables/Schedules  
Present Value of Estimated Future Net Revenue

 

At September 30

2017

2016

Estimated future revenue

 $          130,000

 $         85,000

Estimated future expenditures

            (15,000)

         (10,000)

Estimated future net revenue

            115,000

          75,000

10% annual discount of estimated future net revenue

            (44,000)

         (26,000)

Present value of estimated future net revenue

 $           71,000

 $         49,000