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Note 2 - Acquisitions and Dispositions	3 Months Ended
	Mar. 31, 2025
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	(2) Acquisitions and Dispositions In the first quarter of 2024, the Company sold 48 net acres in Lea County, New Mexico, along with minor working interest in 23 wells, receiving gross proceeds of $375,600. In the first quarter of 2025, the Company recognized a gain of $619,000 on the disposition of a workover rig related to our service company.

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The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings.

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-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
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-Topic 805
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