Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Operating Revenues:
Oil and Gas Sales	$ 1,404,721	$ 1,512,304	$ 4,616,713	$ 3,902,237
Lease Bonuses and Other	184,282	160,909	184,282	209,794
Total Operating Revenues	1,589,003	1,673,213	4,800,995	4,112,031
Operating Costs and Expenses:
Production	543,789	517,953	1,604,590	1,566,803
Exploration	14,969	314,541	537,116	481,963
Depreciation, Depletion, Amortization and Valuation Provisions	362,471	429,168	1,294,593	1,853,485
General, Administrative and Other	349,561	350,017	1,158,826	1,186,137
Total Operating Costs and Expenses	1,270,790	1,611,679	4,595,125	5,088,388
Income/(Loss) from Operations	318,213	61,534	205,870	(976,357)
Other Income, Net	53,339	72,879	650,863	341,356
Income/(Loss) Before Provision for Income Taxes	371,552	134,413	856,733	(635,001)
Income Tax Provision/(Benefit):
Current	31,308	(81,261)	109,577	(70,606)
Deferred	36,766	102,656	(18,435)	(203,784)
Total Income Tax Provision/(Benefit)	68,074	21,395	91,142	(274,390)
Net Income/(Loss)	$ 303,478	$ 113,018	$ 765,591	$ (360,611)
Per Share Data
Net Income/(Loss), Basic and Diluted (in dollars per share)	$ 1.92	$ 0.72	$ 4.85	$ (2.28)
Cash Dividends Declared and/or Paid (in dollars per share)			$ 5	$ 5
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	157,765	158,041	157,815	158,163