E. FIXED ASSETS (Tables)

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Schedule of fixed assets

Note E  -  Fixed  Assets and oil and natural gas properties
Land, building and furniture, fixtures and equitpment are recorded at cost incurred to acquire the assets.
At Decemer 31, 2018, fixed assets are as follows:
Oil and Gas Properties	2018	2017
Land and improvements	$           432	$         432
Buildings and improvements	272	272
Equipment and furnishings	565	565
Total fixed assets	1,269	1,269
Less:  Accumulated depletion	(651)	(608)
Net Fixed Assets	$           618	$         661
Oil and natural gas properties	2018	2017
Investment in Oil and gas properties	$        6,493	$      6,493
Less:  Accumulated depreciation	(3,976)	(3,772)
Net oil and gas properties	$        2,517	$      2,721