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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and equivalents $ 10,434,106 $ 10,249,207
Investments 22,404,432 20,372,652
Production accounts receivable 1,534,609 815,419
Other 51,095 79,950
Total current assets 34,424,242 31,517,228
PROPERTY AND EQUIPMENT    
Proved properties (successful efforts accounting method) 138,085,861 142,912,812
Pipeline and support equipment 731,040 719,988
Corporate and other 2,111,899 2,093,989
Gross property and equipment 140,928,800 145,726,789
Less accumulated depreciation, depletion, amortization and write down 134,041,133 138,424,885
Net property and equipment 6,887,667 7,301,904
OTHER ASSETS 127,839 131,863
TOTAL ASSETS 41,439,748 38,950,995
CURRENT LIABILITIES    
Accounts payable 2,110,567 2,470,720
Accrued expenses 878,193 1,575,935
Total current liabilities 2,988,760 4,046,655
DEFERRED INCOME TAXES 27,900 27,900
OPERATIONAL ADVANCES 2,838,471 2,653,099
ASSET RETIREMENT OBLIGATIONS 14,376,738 14,564,400
COMMITMENTS AND CONTINGENCIES
LIMITED PARTNERS' EQUITY, SUBJECT TO REPURCHASE RIGHT    
Authorized - 8,000,000 Units Issued and outstanding - 5,334,473 and 5,441,928 Units, respectively 20,944,436 17,442,684
GENERAL PARTNER'S EQUITY 263,443 216,257
Total partners' equity 21,207,879 17,658,941
TOTAL LIABILITIES AND PARTNERS' EQUITY $ 41,439,748 $ 38,950,995