v3.26.1
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 388 $ 361
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion and amortization 176 147
Accretion expense 12 17
Changes in assets and liabilities:    
Increase in production receivable (86) (4)
Decrease (increase) in other current assets 7 (239)
Increase (decrease) in due to operators 26 (5)
Decrease in accrued expenses (16) (2)
Settlement of asset retirement obligations (17) (51)
Net cash provided by operating activities 490 224
Cash flows from investing activities    
Advance payments to operators for capital expenditures for oil and gas properties (395)
Credits (capital expenditures) for oil and gas properties 40 (23)
Proceeds from salvage fund 17 51
Increase in salvage fund (64) (88)
Net cash used in investing activities (7) (455)
Cash flows from financing activities    
Distributions (463) (197)
Net cash used in financing activities (463) (197)
Net increase (decrease) in cash and cash equivalents 20 (428)
Cash and cash equivalents, beginning of period 1,780 1,890
Cash and cash equivalents, end of period 1,800 1,462
Supplemental disclosure of non-cash investing activities    
Due to operators for accrued capital expenditures for oil and gas properties $ 74