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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Sep. 30, 2020
Current assets    
Cash and cash equivalents $ 2,037,000 $ 2,141,000
Accounts receivable 3,000 0
Other 21,000 20,000
Total current assets 2,061,000 2,161,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) 333,000 333,000
Less accumulated depreciation, depletion, and amortization (290,000) (283,000)
Net property and equipment 43,000 50,000
Total assets 2,199,000 2,329,000
Right-of-Use Asset 95,000 118,000
Current liabilities:    
Accounts payable 2,000 9,000
Operating lease liability 23,000 21,000
Accrued expenses, related party 1,073,000 1,073,000
Other accrued expenses 11,000 10,000
Total current liabilities 1,109,000 1,113,000
Long-term operating lease liability 72,000 97,000
Total liabilitites 1,181,000 1,210,000
Commitments and Contingencies 0 0
Stockholders' equity:    
Preferred stock 0 0
Common stock 121,000 122,000
Additional paid-in capital 13,776,000 13,794,000
Accumulated deficit (12,879,000) (12,797,000)
Total stockholders’ equity 1,018,000 1,119,000
Total liabilities and stockholders' equity $ 2,199,000 $ 2,329,000