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 $ 385 $ 433
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion and amortization 278 351
Accretion expense 38 42
Changes in assets and liabilities:    
(Increase) decrease in production receivable (202) 14
Increase in due from affiliate (3) (9)
Decrease (increase) in other current assets 26 (221)
Decrease in due to operators (42) (5)
Decrease in accrued expenses (16) (2)
Settlement of asset retirement obligations (23) (122)
Net cash provided by operating activities 441 481
Cash flows from investing activities    
Advance payments to operators for capital expenditures for oil and gas properties (396)
Credits (capital expenditures) for oil and gas properties 24 (23)
Proceeds from salvage fund 23 122
Increase in salvage fund (129) (171)
Net cash used in investing activities (82) (468)
Cash flows from financing activities    
Distributions (470) (349)
Net cash used in financing activities (470) (349)
Net decrease in cash and cash equivalents (111) (336)
Cash and cash equivalents, beginning of period 1,946 1,994
Cash and cash equivalents, end of period 1,835 1,658
Supplemental disclosure of non-cash investing activities    
Due to operators for accrued capital expenditures for oil and gas properties $ 565