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Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue        
Oil and gas operations, net of royalties $ 127 $ 167 $ 471 $ 544
Operating expenses        
Oil and gas operations 176 186 586 700
Corporate general and administrative 92 99 314 282
Impairment of oil and natural gas properties 2,285 2,285
Total operating expenses 2,553 285 3,185 982
Operating earnings (loss) (2,426) (118) (2,714) (438)
Other income (expense)        
Interest income 63 5 192 16
Interest expense (3) (6) (12) (17)
Other income (expense) 46 (2) 199 10
Expense 106 (3) 379 9
Net (loss) applicable to common shares $ (2,320) $ (121) $ (2,335) $ (429)
Net income (loss) per common share-basic and diluted $ (0.45) $ (.02) $ (0.45) $ (.08)
Weighted average common and equivalent shares outstanding - basic 5,132 5,132 5,132 5,132