E. CONTINGENCIES

6 Months Ended

Jun. 30, 2020

Commitments and Contingencies Disclosure [Abstract]

CONTINGENCIES

NOTE E: CONTINGENCIES

During the first quarter of 2020 and continuing thereafter, both the COVID-19 pandemic and attempts at containment have resulted in decreased economic activity which has adversely affected the broader global economy. As the economy has dramatically stalled, the demand for oil and natural gas has substantially weakened. At this time, the full extent to which COVID-19 pandemic will negatively impact the global economy and our business is uncertain.