Derivatives (Tables)

6 Months Ended

Mar. 31, 2014

Derivatives [Abstract]

Summary Of Derivative Instruments Contracts

Derivative contracts in place as of March 31, 2014

	Production volume
Contract period	covered per month	Index	Contract price
Natural gas costless collars
November 2013 - April 2014	160,000 Mmbtu	NYMEX Henry Hub	$4.00 floor / $4.55 ceiling
January - June 2014	40,000 Mmbtu	NYMEX Henry Hub	$3.25 floor / $3.90 ceiling
January - June 2014	50,000 Mmbtu	NYMEX Henry Hub	$3.50 floor / $4.30 ceiling
January - June 2014	80,000 Mmbtu	NYMEX Henry Hub	$3.75 floor / $4.35 ceiling
July - December 2014	140,000 Mmbtu	NYMEX Henry Hub	$3.75 floor / $4.50 ceiling
Natural gas fixed price swaps
January - June 2014	80,000 Mmbtu	NYMEX Henry Hub	$4.085
July - December 2014	140,000 Mmbtu	NYMEX Henry Hub	$4.110
April - September 2014	50,000 Mmbtu	NYMEX Henry Hub	$4.200
April - September 2014	50,000 Mmbtu	NYMEX Henry Hub	$4.180
April - September 2014	50,000 Mmbtu	NYMEX Henry Hub	$4.210
May - October 2014	30,000 Mmbtu	NYMEX Henry Hub	$4.300
October - December 2014	40,000 Mmbtu	NYMEX Henry Hub	$4.610
Oil costless collars
January - June 2014	4,000 Bbls	NYMEX WTI	$90.00 floor / $101.50 ceiling
January - December 2014	4,000 Bbls	NYMEX WTI	$85.00 floor / $100.00 ceiling
January - June 2014	3,667 Bbls	NYMEX WTI	$85.00 floor / $99.00 ceiling
Oil fixed price swaps
January - December 2014	3,000 Bbls	NYMEX WTI	$94.50
July - December 2014	4,000 Bbls	NYMEX WTI	$95.25

Derivative contracts in place as of September 30, 2013

	Production volume
Contract period	covered per month	Index	Contract price
Natural gas costless collars
February - December 2013	80,000 Mmbtu	NYMEX Henry Hub	$3.75 floor / $4.25 ceiling
February - December 2013	50,000 Mmbtu	NYMEX Henry Hub	$3.75 floor / $4.30 ceiling
February - December 2013	100,000 Mmbtu	NYMEX Henry Hub	$3.75 floor / $4.05 ceiling
November 2013 - April 2014	160,000 Mmbtu	NYMEX Henry Hub	$4.00 floor / $4.55 ceiling
Natural gas fixed price swaps
March - October 2013	100,000 Mmbtu	NYMEX Henry Hub	$3.505
March - October 2013	70,000 Mmbtu	NYMEX Henry Hub	$3.400
April - December 2013	40,000 Mmbtu	NYMEX Henry Hub	$3.655
May - November 2013	100,000 Mmbtu	NYMEX Henry Hub	$4.320
Oil costless collars
March - December 2013	3,000 Bbls	NYMEX WTI	$90.00 floor / $102.00 ceiling
March - December 2013	4,000 Bbls	NYMEX WTI	$90.00 floor / $101.50 ceiling
May - December 2013	2,000 Bbls	NYMEX WTI	$90.00 floor / $97.50 ceiling
January - June 2014	4,000 Bbls	NYMEX WTI	$90.00 floor / $101.50 ceiling
Oil fixed price swaps
September - December 2013	4,000 Bbls	NYMEX WTI	$105.25

Summary Of Derivative Contracts

	3/31/2014				9/30/2013
	Fair Value (a)				Fair Value (a)
	Commodity Contracts				Commodity Contracts
	Current Assets		Current Liabilities		Current Assets		Current Liabilities
Gross amounts recognized	$	12,541	$	1,304,870	$	665,099	$	239,901
Offsetting adjustments		(12,541)		(12,541)		(239,901)		(239,901)
Net presentation on Condensed Balance Sheets	$	-	$	1,292,329	$	425,198	$	-

(a) See Fair Value Measurements section for further disclosures regarding fair value of financial instruments.