v3.25.2
UNAUDITED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 588 $ 446
Production receivable 113 136
Due from affiliate (Note 2) 14 15
Other current assets 32
Total current assets 715 629
Salvage fund 2,038 1,940
Oil and gas properties:    
Proved properties 18,310 18,309
Less: accumulated depletion and amortization (16,993) (16,648)
Total oil and gas properties, net 1,317 1,661
Total assets 4,070 4,230
Current liabilities:    
Due to operators 27 17
Accrued expenses 47 60
Total current liabilities 74 77
Asset retirement obligations 1,786 1,744
Total liabilities 1,860 1,821
Manager:    
Distributions (6,939) (6,896)
Retained earnings 8,237 8,175
Manager's total 1,298 1,279
Shareholders:    
Capital contributions (250 shares authorized; 207.7026 issued and outstanding) 41,143 41,143
Syndication costs (4,804) (4,804)
Distributions (46,080) (45,834)
Retained earnings 10,653 10,625
Shareholders' total 912 1,130
Total members' capital 2,210 2,409
Total liabilities and members' capital $ 4,070 $ 4,230