Condensed Balance Sheets - USD ($)		Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents		$ 1,267,627	$ 2,115,652
Natural gas, oil, and NGL sales receivables (net of $0 allowance for uncollectable accounts)		5,839,904	9,783,996
Refundable income taxes		675,268
Held for sale assets			6,420,051
Derivative contracts, net	[1]	1,371,377
Other		370,896	1,543,956
Total current assets		9,525,072	19,863,655
Properties and equipment at cost, based on successful efforts accounting:
Producing natural gas and oil properties		189,868,020	181,431,139
Non-producing natural gas and oil properties		61,180,555	57,781,644
Other		1,347,124	1,122,436
Gross properties and equipment, at cost, based on successful efforts accounting		252,395,699	240,335,219
Less accumulated depreciation, depletion and amortization		(110,426,239)	(107,085,212)
Net properties and equipment		141,969,460	133,250,007
Derivative contracts, net	[1]		141,345
Operating lease right-of-use assets		640,799	706,871
Other, net		596,874	695,399
Total assets		152,732,205	154,657,277
Current liabilities:
Accounts payable		270,780	504,466
Derivative contracts, net	[1]		1,534,034
Income taxes payable			576,427
Current portion of operating lease liability		226,389	217,656
Held for Sale Liabilities			889,155
Accrued liabilities and other		1,342,795	3,121,522
Total current liabilities		1,839,964	6,843,260
Long-term debt		23,750,000	33,300,000
Deferred income taxes, net		5,132,906	2,453,906
Asset retirement obligations		1,041,177	1,027,777
Derivative contracts, net	[1]	83,857
Operating lease liability, net of current portion		814,169	929,208
Total liabilities		32,662,073	44,554,151
Stockholders' equity:
Common Stock, $0.01666 par value; 54,000,500 shares authorized and 35,938,900 issued at June 30, 2023; 54,000,500 shares authorized and 35,938,206 issued at December 31, 2022		598,742	598,731
Capital in excess of par value		43,782,600	43,344,916
Deferred directors' compensation		1,368,956	1,541,070
Retained earnings		77,555,195	68,925,774
Stockholders' Equity		123,305,493	114,410,491
Less treasury stock, at cost; 225,723 shares at June 30, 2023, and 300,272 shares at December 31, 2022		(3,235,361)	(4,307,365)
Total stockholders' equity		120,070,132	110,103,126
Total liabilities and stockholders' equity		$ 152,732,205	$ 154,657,277

[1] See Note 10: Fair Value Measurements for further disclosures regarding fair value of financial instruments.