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Note 8 - Oil and Gas Exploration and Production Industries Disclosures: Present Value of Estimated Future Net Revenue (Tables)
12 Months Ended
Sep. 30, 2019
Tables/Schedules  
Present Value of Estimated Future Net Revenue

 

 

At September 30

 

2019

2018

Estimated future revenue

 $              100,000

 $              225,000

Estimated future expenditures

                 11,000

                 26,000

Estimated future net revenue

                 89,000

                199,000

10% annual discount of estimated future net revenue

                (31,000)

                (79,000)

Present value of estimated future net revenue

 $               58,000

 $              120,000