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Note 3 - Oil and Gas Properties (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Property, Plant and Equipment [Table Text Block]
   

Balance

           

Balance

 

Account

 

12/31/2023

   

Additions

   

03/31/2024

 

Leasehold Improvements - Chicorica

  $ 40,000     $ -     $ 40,000  

Leasehold Improvements - Undeveloped

    63,973       -       63,973  

Lease Acquisition and Development Costs - Logan County

    1,739,404       -       1,741,669  

Asset retirement obligation – true-up

    1,348       -       1,348  

(Accumulated depletion)

    (30,362 )     -       (30,362 )

Total oil and gas related assets

  $ 1,814,363     $ -     $ 1,814,363