Statements of Income - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Oil and gas	$ 510,856	$ 786,204
Timber	125,860	52,028
Surface	189,019	223,869
Surface - related party	37,667
Total revenues	863,402	1,062,101
Oil and gas	47,212	70,240
Timber	11,809	8,026
Surface	2,552	4,330
General and administrative	614,002	501,159
Depreciation	467
Gain on sale of land		(172,352)
Total cost, expenses and (gains)	676,042	411,403
Income from operations	187,360	650,698
Other Income (Expense):
Interest income	34,951	23,108
Other income	34,951	23,108
Income before income taxes	222,311	673,806
Federal and State Income Taxes:
Current	45,485	142,437
Deferred	6,152	68,341
Total federal and state income taxes	51,637	210,778
Net income	$ 170,674	$ 463,028
Per Common Stock , basic and diluted
Net income (in dollars per share)	$ 0.09	$ 0.24
Dividends (in dollars per share)		$ 0.10
Weighted Average Common Shares Outstanding, basic and diluted (in shares)	1,942,495	1,942,495