BALANCE SHEETS (USD $)	Dec. 31, 2012	Dec. 31, 2011
Current Assets:
Cash and Cash Equivalents (Note 2)	$ 10,842,311	$ 10,150,742
Available-for-Sale Securities (Notes 2 & 5)	6,652,590	6,654,838
Trading Securities (Notes 2 & 5)	389,335	398,964
Refundable Income Taxes	518,077	816,125
Receivables (Note 2)	1,736,169	1,903,862
[AssetsCurrent]	20,138,482	19,924,531
Investments:
Equity Investment (Notes 2 & 7)	594,855	521,852
Other	151,839	151,839
[LongTermInvestments]	746,694	673,691
Oil and Gas Properties, at Cost, Based on the Successful Efforts Method of Accounting-
Unproved Properties	874,367	1,179,882
Proved Properties	39,329,747	32,441,403
[PropertyPlantAndEquipmentGross]	40,204,114	33,621,285
Less - Accumulated Depreciation, Depletion, Amortization and Valuation Allowance	25,726,672	21,177,541
[OilAndGasPropertySuccessfulEffortMethodNet]	14,477,442	12,443,744
Other Property and Equipment, at Cost	425,024	417,526
Less - Accumulated Depreciation	268,095	227,895
[OtherPropertyEquipmentNet]	156,929	189,631
Total Property, Plant and Equipment	14,634,371	12,633,375
Other Assets	363,722	361,802
Total Assets	35,883,269	33,593,399
Current Liabilities:
Accounts Payable	519,654	276,017
Other Current Liabilities - Deferred Income Taxes and Other	207,430	292,166
[LiabilitiesCurrent]	727,084	568,183
Long-Term Liabilities:
Asset Retirement Obligation (Note 2)	1,162,078	990,074
Dividends Payable (Note 3)	1,535,568	1,419,884
Deferred Tax Liability (Note 6)	3,274,807	2,726,978
[LiabilitiesNoncurrent]	5,972,453	5,136,936
Total Liabilities	6,699,537	5,705,119
Stockholders Equity:
Common Stock	92,368	92,368
Additional Paid-in Capital	65,000	65,000
Retained Earnings	29,898,866	28,563,474
[StockholdersEquityBeforeTreasuryStock]	30,056,234	28,720,842
Less - Treasury Stock, at Cost	872,502	832,562
Total Stockholders Equity	29,183,732	27,888,280
Total Liabilities and Stockholders Equity	$ 35,883,269	$ 33,593,399