v3.25.2
UNAUDITED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,324 $ 1,015
Salvage fund 162 254
Production receivable 113 135
Due from affiliate (Note 2) 15 16
Other current assets 33
Total current assets 1,614 1,453
Salvage fund 1,092 1,228
Oil and gas properties:    
Proved properties 18,530 18,529
Less: accumulated depletion and amortization (17,197) (16,847)
Total oil and gas properties, net 1,333 1,682
Total assets 4,039 4,363
Current liabilities:    
Due to operators 27 17
Accrued expenses 48 62
Asset retirement obligations 162 254
Total current liabilities 237 333
Asset retirement obligations 985 942
Total liabilities 1,222 1,275
Manager:    
Distributions (9,923) (9,883)
Retained earnings 9,677 9,604
Manager's total (246) (279)
Shareholders:    
Capital contributions (1,000 shares authorized; 971.6054 issued and outstanding) 144,529 144,529
Syndication costs (16,990) (16,990)
Distributions (58,738) (58,513)
Accumulated deficit (65,738) (65,659)
Shareholders' total 3,063 3,367
Total members' capital 2,817 3,088
Total liabilities and members' capital $ 4,039 $ 4,363