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Note 7 - Supplemental Information Relating to Oil and Gas Producing Activities (Unaudited) - Results of Operations for Oil and Gas Producing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Crude oil and natural gas sales $ 5,500,946 $ 13,733,307
Production costs (2,273,596) (2,423,342)
Depreciation, depletion and amortization (1,589,887) (360,191)
Accretion expense (1,184,585) (188,552)
Results of operations before income tax benefit 452,878 10,761,222
Income tax expense (benefit) 19,900 (42,275)
Results of operations for oil and gas producing activities (excluding corporate overhead and financing costs) $ 432,978 $ 10,803,497