Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Operating Revenues:
Oil and Gas Sales	$ 1,630,516	$ 1,344,396	$ 3,211,992	$ 2,389,933
Lease Bonuses and Other		47,356		48,885
Total Operating Revenues	1,630,516	1,391,752	3,211,992	2,438,818
Operating Costs and Expenses:
Production	534,102	517,529	1,060,801	1,048,850
Exploration	372,641	69,510	522,147	167,422
Depreciation, Depletion, Amortization and Valuation Provisions	484,524	410,592	932,122	1,424,317
General, Administrative and Other	423,835	410,381	809,265	836,120
Total Operating Costs and Expenses	1,815,102	1,408,012	3,324,335	3,476,709
Loss from Operations	(184,586)	(16,260)	(112,343)	(1,037,891)
Other Income, Net	72,194	201,784	597,524	268,477
Income/(Loss) Before Provision/(Benefit) for Income Taxes	(112,392)	185,524	485,181	(769,414)
Income Tax Provision/(Benefit):
Current	5,842	44,683	78,269	10,655
Deferred	(52,853)	(6,385)	(55,201)	(306,440)
Total Income Tax Provision/(Benefit)	(47,011)	38,298	23,068	(295,785)
Net Income/(Loss)	$ (65,381)	$ 147,226	$ 462,113	$ (473,629)
Per Share Data
Net Income/(Loss), Basic and Diluted (in dollars per share)	$ (0.41)	$ 0.93	$ 2.93	$ (2.99)
Cash Dividends Declared and/or Paid (in dollars per share)	$ 5	$ 5	$ 5	$ 5
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	157,800	158,125	157,840	158,225