Note 2 - Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Disaggregation of Revenue [Table Text Block]

	Year Ended December 30,
	2021		2020
Oil Sales	$	5,905,936	$	2,585,896
Natural Gas Sales		2,628,472		1,283,011
Miscellaneous Oil and Gas Product Sales		500,132		126,167
	$	9,034,540	$	3,995,074

Schedule Of Useful Lives Of Property And Equipment [Table Text Block]

Office furniture and fixtures	5	to	10 years
Automotive equipment	5	to	8 years

Schedule of Asset Retirement Obligations [Table Text Block]

	2021			2020
Beginning balance at January 1	$	1,810,729		$	1,821,527
Liabilities incurred		400,801			---
Liabilities settled (wells sold or plugged)		(17,004	)		(25,205	)
Accretion expense		43,814			45,649
Revision to estimate		121,486			(31,242	)
Ending balance at December 31	$	2,359,826		$	1,810,729