v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 1,627,232 $ 1,491,584
Accounts receivable and other current assets 3,023,268 2,403,519
Derivative asset 485,212 0
Total Current Assets 5,135,712 3,895,103
Oil and natural gas properties, successful efforts method, net of accumulated depreciation, depletion and amortization of $122,179,859 and $116,770,894, respectively 142,126,300 144,384,449
Other assets, net 0 10,796
Total Assets 147,262,012 148,290,348
Liabilities    
Revolving credit facility 5,800,000 0
Accounts payable and accrued expenses 2,868,671 2,989,580
Total Current Liabilities 8,668,671 2,989,580
Revolving credit facility 0 5,800,000
Asset retirement obligations 817,742 801,133
Total Liabilities 9,486,413 9,590,713
Partners’ Equity    
Limited partners' interest (11,031,579 common units issued and outstanding, respectively) 137,775,814 138,699,850
General partner's interest (215) (215)
Total Partners’ Equity 137,775,599 138,699,635
Total Liabilities and Partners’ Equity $ 147,262,012 $ 148,290,348