Note 3 - Oil and Gas Properties

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Oil and Gas Properties [Text Block]

NOTE 3 – OIL AND GAS PROPERTIES

Oil and gas properties at June 30, 2023 and December 31, 2022 consisted of the following:

	Balance				Balance
Account	12/31/2022		Additions		6/30/2023
Leasehold Improvements - Chico Rica, LLC	$	40,000	$	-	$	40,000
Leasehold Improvements - Undeveloped		62,596		1,377		63,973
Lease Acquisition and Development Costs - Logan County		1,358,078		144,181		1,502,259
Total oil and gas related assets	$	1,460,674	$	145,558	$	1,606,232