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Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Sep. 30, 2019
Current assets    
Cash and cash equivalents $ 2,141,000 $ 2,266,000
Other 20,000 20,000
Total current assets 2,161,000 2,286,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) 333,000 333,000
Less accumulated depreciation, depletion, and amortization (283,000) (275,000)
Net property and equipment 50,000 58,000
Total assets 2,329,000 2,344,000
Right-of-Use Asset 118,000 0
Current liabilities:    
Accounts payable 9,000 10,000
Operating lease liability 21,000 0
Accrued expenses, related party 1,073,000 1,073,000
Other accrued expenses 10,000 8,000
Total current liabilities 1,113,000 1,091,000
Long-term operating lease liability 97,000 0
Total liabilitites 1,210,000 1,091,000
Commitments and Contingencies 0 0
Stockholders' equity:    
Preferred stock 0 0
Common stock 122,000 122,000
Additional paid-in capital 13,794,000 13,798,000
Accumulated deficit (12,797,000) (12,667,000)
Total stockholders' equity 1,119,000 1,253,000
Total liabilities and stockholders' equity $ 2,329,000 $ 2,344,000