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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Provided by/(Applied to) Operating Activities:    
Lease Bonuses and Other $ 9,804 $ 87,024
Interest Received 3,274 214,156
Dividends Received on Equity Securities 360,407 8,487
Cash Distributions from Equity Method Investees 24,750 49,500
Income Tax Refunds, Net of Income Taxes Paid   77,550
Cash Received from Class Action Lawsuits 16,713 4,699
Other 11,537 5,600
Cash Paid –    
Production and Exploration Costs (2,557,012) (1,899,054)
General Suppliers, Employees and Taxes, Other than Income Taxes (2,333,939) (1,752,384)
Income Taxes Paid, Net of Income Tax Refunds (94,375)  
Interest Paid (23,184) (23,252)
Cash Paid to Equity Method Investees   (9,000)
Other   (615)
Net Cash Provided by Operating Activities 3,777,163 1,086,237
Cash Provided by/(Applied to) Investing Activities:    
Maturity of Available-for-Sale Debt Securities 1,515,234 25,082,212
Purchase of Available-for-Sale Debt Securities   (8,079,535)
Proceeds from Disposal of Property, Plant and Equipment 22,000 16,418
Purchase of Property, Plant and Equipment (2,932,919) (1,533,673)
Purchase of Equity Method and Other Investments (1,639,940) (503,733)
Cash Distributions from Other Investments 226,775 3,000
Notes Receivable (168,711) (278,569)
Sale of Equity Securities 12,347,481 5,946,634
Purchase of Equity Securities (18,367,234) (7,504,566)
Net Cash Provided by/(Applied to) Investing Activities (8,997,314) 13,148,188
Cash Applied to Financing Activities:    
Dividends Paid to Stockholders (782,892) (783,078)
Purchase of Treasury Stock (54,885) (2,600)
Total Cash Applied to Financing Activities (837,777) (785,678)
Net Change in Cash and Cash Equivalents (6,057,928) 13,448,747
Cash and Cash Equivalents at Beginning of Period 16,187,085 2,738,338
Cash and Cash Equivalents at End of Period 10,129,157 16,187,085
Reconciliation of Net Income (Loss) to Net Cash Provided by/(Applied to) Operating Activities:    
Net Income/(Loss) 1,251,295 (1,956,255)
Net Income/(Loss) Increased (Decreased) by Net Change in –    
Net Unrealized Holding Gains on Equity Securities (396,773) (296,920)
Realized Gains on Equity Securities (176,858) (136,555)
Accounts Receivable (358,242) 107,932
Interest and Dividends Receivable (20,725) 66,289
Refundable Income Taxes (132,723) (108,205)
Accounts Payable 14,055 50,692
Deferred Taxes (17,307) (348,738)
Equity Method and Other Investments (104,940) 73,988
Cash Distributions from Equity Method Investees 24,750 49,500
Exploration Costs 590,669 109,749
Disposition of Property, Plant and Equipment (20,130) 54,051
Depreciation, Depletion, Amortization and Valuation Provisions 2,754,923 3,315,822
Deferred Revenue 261,274  
Other Liabilities 107,895 104,887
Net Cash Provided by Operating Activities 3,777,163 1,086,237
Oil and Gas [Member]    
Cash Provided by/(Applied to) Operating Activities:    
Revenue 8,055,832 $ 4,323,526
Service [Member]    
Cash Provided by/(Applied to) Operating Activities:    
Revenue $ 303,356