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Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Sep. 30, 2021
Current assets    
Cash and cash equivalents $ 2,390,000 $ 2,037,000
Accounts receivable 3,000 3,000
Other 32,000 21,000
Total current assets 2,425,000 2,061,000
Property and equipment, at cost    
Proved oil and gas properties (successful efforts method) 333,000 333,000
Less accumulated depreciation, depletion, and amortization (295,000) (290,000)
Net property and equipment 38,000 43,000
Right-of-Use Asset 77,000 95,000
Total assets 2,540,000 2,199,000
Current liabilities    
Accounts payable 3,000 2,000
Operating lease liability 24,000 23,000
Accrued expenses, related party 1,073,000 1,073,000
Other accrued expenses 8,000 11,000
Total current liabilities 1,108,000 1,109,000
Long-term operating lease liability 53,000 72,000
Total Liabilities 1,161,000 1,181,000
Commitments and Contingencies 0 0
Stockholders' equity    
Preferred stock, $.01 par value. Authorized 5,000,000 shares, none issued 0 0
Common stock, $.01 par value. Authorized 50,000,000 shares; 12,011,401 shares issued and outstanding 121,000 121,000
Additional paid-in capital 13,776,000 13,776,000
Accumulated deficit (12,518,000) (12,879,000)
Total stockholders' equity 1,379,000 1,018,000
Total liabilities and stockholders' equity $ 2,540,000 $ 2,199,000