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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenue        
Oil and gas sales $ 7,000 $ 5,000 $ 20,000 $ 26,000
Total revenue 7,000 5,000 20,000 26,000
Operating expense        
Production taxes 0 1,000 1,000 2,000
General and administrative 52,000 53,000 165,000 85,000
Depreciation, depletion, and amortization 1,000 1,000 3,000 3,000
Total operating expense 53,000 55,000 169,000 90,000
Other Nonoperating Income (Expense)        
Gain on sale of assets 0 450,000 0 450,000
Interest income 25,000 0 44,000 0
Other income 0 4,000 8,000 4,000
Total other income 25,000 454,000 52,000 454,000
Net earnings (loss) $ (21,000) $ 404,000 $ (97,000) $ 390,000
Basic and diluted earnings (loss) per share $ (0.00) $ 0.03 $ (0.01) $ 0.03
Basic and diluted weighted average shares outstanding 11,517,426 12,011,401 11,585,280 12,011,401