Condensed Statements Of Operations (USD $)	3 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Oil, NGL and natural gas sales	$ 18,473,082	$ 12,758,954
Lease bonuses and rentals	196,229	374,392
Gains (losses) on derivative contracts	(496,901)	892,693
Income from partnerships	224,346	154,396
Total revenues	18,396,756	14,180,435
Costs and expenses:
Lease operating expenses	3,315,397	3,296,562
Production taxes	571,564	303,553
Exploration costs	38,755	19,767
Depreciation, depletion and amortization	5,308,019	5,639,020
Provision for impairment	202,991	154,965
Loss (gain) on asset sales, interest and other	(77,455)	43,186
General and administrative	1,873,167	1,898,084
Total costs and expenses	11,232,438	11,355,137
Income before provision for income taxes	7,164,318	2,825,298
Provision for income taxes	2,238,000	677,000
Net income	$ 4,926,318	$ 2,148,298
Basic and diluted earnings per common share (Note 3)	$ 0.59	$ 0.26
Basic and diluted weighted average shares outstanding:
Common shares	8,231,902	8,250,109
Unissued, directors' deferred compensation shares	123,061	122,285
Basic and diluted weighted average shares outstanding	8,354,963	8,372,394
Dividends declared per share of common stock and paid in period	$ 0.08	$ 0.07
Dividends declared per share of common stock and to be paid in quarter ended March 31	$ 0.08	$ 0.07