v3.26.1
Note 2 - Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Property, Plant, and Equipment [Table Text Block]
  

Six Months Ended June 30, 2026

 
  

JB-1

  

Rig

  

Other

     
  

Drilling

  

Spare

  

Drilling

     
  

Rig

  

Parts

  

Assets

  

Total

 
  

US$

  

US$

  

US$

  

US$

 

Gross Assets:

  thousands   thousands   thousands   thousands 

December 31, 2025

  6,700   1,007   969   8,676 

Asset Additions

  1,302   372   556   2,230 

Asset Disposals for Self-Consumption

  -   (240)  -   (240)

June 30, 2026

  8,002   1,139   1,525   10,666 
             

Accumulated Depreciation:

                

December 31, 2025

  3,172   -   349   3,521 

Asset Depreciation

  374   -   127   501 

June 30, 2026

  3,546   -   476   4,022 
             

Net Assets

  4,456   1,139   1,049   6,644 
  

As of December 31, 2025

 
  

JB-1

  

Rig

  

Other

     
  

Drilling

  

Spare

  

Drilling

     
  

Rig

  

Parts

  

Assets

  

Total

 
  

US$

  

US$

  

US$

  

US$

 

Gross Assets:

  thousands   thousands   thousands   thousands 

December 31, 2024

  6,495   747   343   7,585 

Asset Additions

  205   312   626   1,143 

Asset Disposals for Self-Consumption

  -   (52)  -   (52)

December 31, 2025

  6,700   1,007   969   8,676 
             

Accumulated Depreciation:

                

December 31, 2024

  2,538   -   269   2,807 

Asset Depreciation

  634   -   80   714 

December 31, 2025

  3,172   -   349   3,521 
             

Net Assets

  3,528   1,007   620   5,155