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Note 4 - Land Purchases and Sales | 12 Months Ended
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Dec. 31, 2024
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, 2024. Land Sales During the year ended December 31, 2024, the Company sold the following lands:
|  | +/- |  | Louisiana |  |  |  |  |  |  |  |  |  | Mineral |
Quarter |  | Acres |  | Parish |  | Ownership |  |  | Land |  |  | Rights % |
2nd |  |  | 25.00 |  | Calcasieu |  |  | 100 | % |  | $ | 140,582 |  |  |  | 0 | %
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 | %
For the years ended December 31, 2024 and 2023, gains on sales of land were $85,636 and $149,992, respectively.

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