Consolidated Balance Sheets - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and Cash Equivalents	$ 10,129,157	$ 16,187,085
Available-for-Sale Debt Securities		1,515,234
Equity Securities	9,142,357	2,536,482
Refundable Income Taxes	350,927	218,204
Accounts Receivable	1,362,963	794,162
Notes Receivable	472,445	278,569
Total Current Assets	21,457,849	21,529,736
Investments:
Equity Method Investments	1,426,201	604,991
Other Investments	2,791,656	2,415,399
Total Investments	4,217,857	3,020,390
Property, Plant and Equipment:
Unproved Properties	1,663,567	1,883,055
Proved Properties	58,046,754	55,095,961
Oil and Gas Properties, Gross	59,710,321	56,979,016
Oil and Gas Properties, Net	7,024,320	7,294,432
Other Property and Equipment, at Cost	680,043	279,240
Less – Accumulated Depreciation	(146,425)	(96,532)
Other Property and Equipment, Net	533,618	182,708
Property, Plant and Equipment, Net	7,557,938	7,477,140
Other Assets	112,400	120,445
Total Assets	33,346,044	32,147,711
Current Liabilities:
Accounts Payable	261,114	248,054
Other Current Liabilities	262,554	15,443
Total Current Liabilities	523,668	263,497
Long-Term Liabilities:
Asset Retirement Obligation	2,359,826	1,810,729
Dividends Payable	112,400	119,546
Deferred Tax Liability, Net	551,320	568,627
Total Long-Term Liabilities	3,023,546	2,498,902
Total Liabilities	3,547,214	2,762,399
Commitments and Contingencies
Stockholders’ Equity:
Common Stock	92,368	92,368
Additional Paid-in Capital	65,000	65,000
Retained Earnings	31,389,240	30,920,837
Stockholders’ Equity Before Treasury Stock	31,546,608	31,078,205
Less – Treasury Stock, at Cost	(1,747,778)	(1,692,893)
Total Stockholders’ Equity	29,798,830	29,385,312
Total Liabilities and Stockholders’ Equity	$ 33,346,044	$ 32,147,711