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Note 2 - Current Liabilities - Components of Accounts Payable and Accrued (Details) - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Production and related other $ 1,364,131 $ 1,501,647
Other 292,076 290,935
Joint venture partner deposits 47,234 47,234
Total Accounts Payable 1,703,441 1,839,816
Payroll and retirement plan contributions 641,326 679,934
Current portion of asset retirement obligations 384,000 343,000
Other 79,500 75,300
Federal, state and local taxes 32,464 32,538
Total Accrued Expenses $ 1,137,290 $ 1,130,772