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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Revenue        
Oil and gas sales $ 5,000 $ 3,000 $ 26,000 $ 11,000
Total revenue 5,000 3,000 26,000 11,000
Operating expense        
Production taxes 1,000 1,000 2,000 1,000
General and administrative 53,000 50,000 85,000 84,000
Depreciation, depletion, and amortization 1,000 2,000 3,000 4,000
Total operating expense 55,000 53,000 90,000 89,000
Other Nonoperating Income (Expense)        
Gain on sale of assets 450,000 0 450,000 0
Other income 4,000 1,000 4,000 1,000
Total other income 454,000 1,000 454,000 1,000
Net earnings (loss) $ 404,000 $ (49,000) $ 390,000 $ (77,000)
Basic and diluted earnings (loss) per share $ 0.03 $ (0.00) $ 0.03 $ (0.01)
Basic and diluted weighted average shares outstanding 12,011,401 12,141,401 12,011,401 12,141,401