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Condensed Statements Of Cash Flows (USD $)
3 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Operating Activities    
Net income (loss) $ 4,926,318 $ 2,148,298
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 5,308,019 5,639,020
Impairment 202,991 154,965 [1]
Provision for deferred income taxes 326,000 338,000
Exploration costs 38,755 19,767
Gain from leasing fee mineral acreage (196,133) (373,440)
Income from partnerships (224,346) (154,396)
Distributions received from partnerships 279,363 194,147
Increase in deferred directors' compensation charged to expense 114,069 114,164
Restricted stock awards 127,976 257,877
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables (956,975) 115,645
Fair value of derivative contracts 891,970 (936,914)
Refundable production taxes 53,824 212,834
Other current assets (35,813) 47,528
Accounts payable 414,267 (361,777)
Income taxes receivable   319,735
Income taxes payable 1,088,350  
Accrued liabilities (472,288) (577,210)
Total adjustments 6,960,029 5,009,945
Net cash provided by operating activities 11,886,347 7,158,243
Investing Activities    
Capital expenditures, including dry hole costs (9,892,262) (6,864,399)
Acquisition of working interest properties (1,550,205)  
Acquisition of minerals and overrides (56,250) (330,000)
Proceeds from leasing fee mineral acreage 216,773 384,790
Investments in partnerships (143,695) (243,519)
Net cash used in investing activities (11,425,639) (7,053,128)
Financing Activities    
Borrowings under debt agreement 2,280,280 4,171,662
Payments of loan principal (4,542,536) (4,591,890)
Purchases of treasury stock (122,044) (116,632)
Payments of dividends (664,618) (580,991)
Excess tax benefit on stock-based compensation 16,000 15,000
Net cash provided by (used in) financing activities (3,032,918) (1,102,851)
Increase (decrease) in cash and cash equivalents (2,572,210) (997,736)
Cash and cash equivalents at beginning of year 2,867,171 1,984,099
Cash and cash equivalents at end of year 294,961 986,363
Supplemental Disclosures of Cash Flow Information    
Dividends declared and unpaid 663,654 583,438
Additions to asset retirement obligations 53,653 42,156
Supplemental schedule of noncash investing and financing activities:    
Gross additions to properties and equipment 9,843,214 5,218,194
Net (increase) decrease in accounts payable for properties and equipment additions 1,655,503 1,976,205
Capital expenditures and acquisitions, including dry hole costs $ 11,498,717 $ 7,194,399
[1] At the end of each quarter, the Company assesses the carrying value of its producing properties for impairment. This assessment utilizes estimates of future cash flows. Significant judgments and assumptions in these assessments include estimates of future oil and natural gas prices using a forward NYMEX curve adjusted for locational basis differentials, drilling plans, expected capital costs and an applicable discount rate commensurate with risk of the underlying cash flow estimates. These assessments identified certain properties with carrying value in excess of their calculated fair values.