CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 175,000	$ 361,000
Accounts receivable from oil and gas sales	77,000	72,000
Current portion note receivable (including $4,136 and $4,017 in 2019 and 2018 from related parties	4,179,000	4,063,000
Other current assets	23,000
Total current assets	4,454,000	4,496,000
Oil and natural gas properties (full cost accounting method)
Proved developed and undeveloped oil and gas properties, net of depletion	2,492,000	2,517,000
Property and equipment, net of depreciation
Land, buildings and equipment - oil and gas operations	675,000	618,000
Note receivable	231,000	251,000
Total assets	7,852,000	7,882,000
Current liabilities
Accounts payable - (including $59 and $37 due to related parties in 2019 and 2018)	85,000	59,000
Accrued expenses	13,000	32,000
Current portion of long term debt	51,000	59,000
Total current liabilities	149,000	150,000
Long-term debt
Notes payable less current portion	187,000	201,000
Asset retirement obligation	2,770,000	2,770,000
Total liabilities	3,106,000	3,121,000
Stockholders' equity
Preferred stock, Series B	1,000	1,000
Common stock, $.01 par value; authorized, 100,000,000 shares; issued and outstanding, 5,131,934 and 2,036,935 shares at June 30, 2019 and December 31, 2018	51,000	51,000
Additional paid-in capital	63,579,000	63,579,000
Accumulated deficit	(58,885,000)	(58,870,000)
Total shareholder equity	4,746,000	4,761,000
Total liabilities & equity	$ 7,852,000	$ 7,882,000