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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Oil and gas sales $ 9,000 $ 9,000 $ 35,000 $ 20,000
Total revenue 9,000 9,000 35,000 20,000
Operating expense        
Production taxes 1,000 0 3,000 1,000
General and administrative 38,000 38,000 123,000 122,000
Depreciation, depletion, and amortization 2,000 2,000 5,000 6,000
Total operating expense 41,000 40,000 131,000 129,000
Other Nonoperating Income (Expense)        
Interest income 3,000 0 3,000 0
Gain on sale of assets 0 0 450,000 0
Other income 0 0 4,000 1,000
Total other income 3,000 0 457,000 1,000
Net earnings (loss) $ (29,000) $ (31,000) $ 361,000 $ (108,000)
Basic and diluted earnings (loss) per share $ (0.00) $ (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