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Note 2 - Oil and Gas Leasing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Gross revenues    
Royalty interests $ 772,212 $ 1,366,281
Lease Fees 13,992 117,499
Gross Revenue 786,204 1,483,780
Production costs 70,240 97,702
Results before income tax expense 715,964 1,386,078
Estimated income tax expense (40%) 286,386 554,431
Results of operations from producing activities excluding corporate overhead $ 429,578 $ 831,647