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Condensed Statements Of Cash Flows (USD $)
9 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Operating Activities    
Net income (loss) $ 15,703,476 $ 8,240,953
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 15,562,630 17,090,187
Impairment 430,143 [1] 225,841 [1]
Provision for deferred income taxes 5,964,000 2,651,000
Exploration costs 70,140 60,827
Gain from leasing fee mineral acreage (352,930) (538,133)
Net (gain) loss on sales of assets 152,766 (208,750)
Income from partnerships (565,523) (470,286)
Distributions received from partnerships 734,825 603,249
Directors' deferred compensation expense 269,608 288,759
Restricted stock awards 499,791 541,937
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables (1,349,892) (3,885,005)
Fair value of derivative contracts 2,431,427 (987,249)
Refundable production taxes 281,741 253,048
Other current assets (25,098) 78,889
Accounts payable 443,438 (48,038)
Income taxes receivable (3,160,243) 325,715
Income taxes payable (751,992) 50,854
Accrued liabilities 100,229 (80,584)
Total adjustments 20,735,060 15,952,261
Net cash provided by operating activities 36,438,536 24,193,214
Investing Activities    
Capital expenditures, including dry hole costs (26,693,851) (20,576,359)
Acquisition of working interest properties (86,759,445)  
Acquisition of minerals and overrides (56,250) (783,750)
Proceeds from leasing fee mineral acreage 381,280 557,196
Investments in partnerships (248,066) (607,702)
Proceeds from sales of assets 92,000 870,610
Net cash used in investing activities (113,284,332) (20,540,005)
Financing Activities    
Borrowings under debt agreement 95,112,044 9,353,651
Payments of loan principal (17,521,506) (10,663,399)
Purchases of treasury stock (122,044) (1,214,638)
Payments of dividends (1,995,812) (1,746,217)
Excess tax benefit on stock-based compensation 17,000 15,000
Net cash provided by (used in) financing activities 75,489,682 (4,255,603)
Increase (decrease) in cash and cash equivalents (1,356,114) (602,394)
Cash and cash equivalents at beginning of period 2,867,171 1,984,099
Cash and cash equivalents at end of period 1,511,057 1,381,705
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 370,536 119,166
Gross additions to properties and equipment 109,182,119 21,660,852
Net (increase) decrease in accounts payable for properties and equipment additions 4,327,427 (300,743)
Capital expenditures and acquisitions, including dry hole costs $ 113,509,546 $ 21,360,109
[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.