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Fair Value Measurements (Tables)

3 Months Ended

Dec. 31, 2013

Summary Of Fair Value Measurement Information For Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis



	Fair Value Measurement at December 31, 2013
	Quoted Prices in Active Markets		Significant Other Observable Inputs		Significant Unobservable Inputs		Total Fair
	(Level 1)		(Level 2)		(Level 3)		Value
Financial Assets (Liabilities):
Derivative Contracts - Swaps	$	-	$	(88,536)	$	-	$	(88,536)
Derivative Contracts - Collars	$	-	$	-	$	(378,236)	$	(378,236)

Summary Of Unobservable Inputs For Level 3 Fair Value Measurements



Instrument Type	Unobservable Input	Range	Weighted Average	Fair Value December 30, 2013

Oil Collars	Oil price volatility curve	0% - 17.35%	9.26%	$	(177,849)
Natural Gas Collars	Natural gas price volatility curve	0% - 24.20%	14.41%	$	(200,387)

Summary Of Reconciliation Of Assets Classified As Level 3 Measurements



	Derivatives
Balance of Level 3 as of October 1, 2013	$	242,902
Total gains or (losses)
Included in earnings		(621,138)
Included in other comprehensive income (loss)		-
Purchases, issuances and settlements		-
Transfers in and out of Level 3		-
Balance of Level 3 as of December 31, 2013	$	(378,236)

Summary Of Impairments Associated With Certain Assets Measured At Fair Value On A Nonrecurring Basis Within Level 3



	Quarter Ended December 31,
	2013				2012
	Fair Value		Impairment		Fair Value		Impairment

Producing Properties	$	236,199	$	202,991	$	332,220	$	154,965	(a)

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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