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Note 4 - Land Purchases and Sales | 12 Months Ended
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Dec. 31, 2023
Notes to Financial Statements |
Real Estate Disclosure [Text Block] | Note 4: Land Purchases and Sales Land Purchases No land purchases were made during the year ended December 31, 2023. During the year ended December 31, 2022, the Company purchased the following lands:
|  | +/- |  | Louisiana |  |  |  |  |  |  |  |  |  | Mineral |
Quarter |  | Acres |  | Parish |  | Ownership |  |  | Land |  |  | Rights % |
2nd |  |  | 1.81 |  | Jefferson Davis |  |  | 16.67 | % |  | $ | 564 |  |  |  | 0 | %
Land Sales During the year ended December 31, 2023, the Company sold the following lands:
|  | +/- |  | Louisiana |  |  |  |  |  |  |  |  |  | Mineral |
Quarter |  | Acres |  | Parish |  | Ownership |  |  | Land |  |  | Rights % |
1st |  |  | 80.00 |  | Jefferson Davis |  |  | 16.67 | % |  | $ | 149,992 |  |  |  | 0 | %
During the year ended December 31, 2022, the Company sold the following lands:
|  | +/- |  | Louisiana |  |  |  |  |  |  |  |  |  | Mineral |
Quarter |  | Acres |  | Parish |  | Ownership |  |  | Land |  |  | Rights % |
3rd |  |  | 6.67 |  | Calcasieu |  |  | 16.67 | % |  | $ | 5,667 |  |  |  | 0 | %
4th |  |  | 6.67 |  | Allen |  |  | 16.67 | % |  | $ | 13,305 |  |  |  | 0 | %
For the years ended December 31, 2023 and 2022, gains on sales of land were $149,992 and $18,972, respectively.

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