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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Total revenue $ 1,485,605 $ 1,105,494
Costs, expenses and (gains):    
General and administrative expense 1,450,308 2,875,718
Depreciation expense 4,261 5,039
Gain on sale of land (149,992)  
Total costs, expenses and (gains) 1,363,781 2,948,034
(Loss) income from operations 121,824 (1,842,540)
Interest income 160,303 35,340
Miscellaneous income 74 1,769
(Loss) income before income taxes 282,201 (1,805,431)
Federal and state income tax expense (benefit):    
Current 110,169 0
Deferred 29,071 (487,713)
Total income taxes 139,240 (487,713)
Net (loss) income $ 142,961 $ (1,317,718)
Net loss per share: $ 0.07 $ (0.67)
Basic (in dollars per share) $ 0.07 $ (0.67)
us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,974,473 1,958,865
Diluted (in shares) 2,011,024 1,958,865
Oil and Gas [Member]    
Revenues:    
Revenue $ 380,654 $ 596,755
Costs, expenses and (gains):    
Oil and gas costs 41,677 50,312
Timber [Member]    
Revenues:    
Revenue 154,147 219,974
Costs, expenses and (gains):    
Oil and gas costs 12,601 28,664
Surface Leases, Unrelated Parties [Member]    
Revenues:    
Surface revenue 950,804 250,432
Surface Leases, Related Parties [Member]    
Revenues:    
Surface revenue 0 38,333
Surface Leases [Member]    
Costs, expenses and (gains):    
Oil and gas costs $ 4,926 $ 7,273