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Note 9 - Supplemental Financial Data - Oil and Gas Producing Activities (Unaudited): Summary of Changes Present Value of Estimated Future Net Revenue (Tables)
12 Months Ended
Sep. 30, 2020
Tables/Schedules  
Summary of Changes Present Value of Estimated Future Net Revenue

 

Year ended September 30

2020

2019

Present value of estimated future net revenue,

beginning of year

$            58,000

$       120,000

Sales, net of production costs

          (30,000)

        (52,000)

Net change in prices and cost of future production

            (7,000)

        (12,000)

Revisions of quantity estimates

           (16,000)

        (25,000)

Accretion of discount

             6,000

         12,000

Change in production rates and other

             12,000

         15,000

Present value of estimated future net revenue, end of year

$            23,000

$        58,000