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Statements Of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Operating Activities      
Net income (loss) $ 25,001,462 $ 13,960,049 $ 7,370,996
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 21,896,902 21,945,768 19,061,239
Impairment 1,096,076 [1] 530,670 [1] 826,508
Provision for deferred income taxes 6,610,000 4,767,000 1,802,000
Exploration costs 86,017 9,795 979,718
Gain from leasing fee mineral acreage (422,818) (936,701) (7,146,299)
Net (gain) loss on sales of assets 149,062 (208,750) (122,504)
Income from partnerships (893,954) (733,372) (487,070)
Distributions received from partnerships 1,129,324 917,718 601,300
Common stock contributed to ESOP 341,125 308,450 326,942
Common stock (unissued) to Directors' Deferred Compensation Plan 353,825 377,520 417,347
Restricted stock awards 659,320 683,968 330,923
Cash provided (used) by changes in assets and liabilities:      
Oil, NGL and natural gas sales receivables (2,506,708) (5,370,896) 461,539
Fair value of derivative contracts (1,476,644) (597,469) 388,211
Refundable income taxes   325,715 28,531
Refundable production taxes 576,537 294,881 85,926
Other current assets (224,830) 73,508 (108,098)
Accounts payable 252,860 298,191 585,912
Other non-current assets     308
Income taxes payable (284,149) 751,992  
Accrued liabilities 279,195 4,072 (32,233)
Total adjustments 27,621,140 23,442,060 18,000,200
Net cash provided by operating activities 52,622,602 37,402,109 25,371,196
Investing Activities      
Capital expenditures, including dry hole costs (38,612,788) (26,765,785) (25,147,306)
Acquisition of working interest properties (83,253,952)   (17,399,052)
Acquisition of minerals and overrides (56,250) (783,750) (2,745,069)
Proceeds from leasing fee mineral acreage 477,144 1,023,368 7,265,808
Investments in partnerships (597,149) (724,118) (481,904)
Proceeds from sales of assets 92,000 870,610 134,821
Net cash used in investing activities (121,950,995) (26,379,675) (38,372,702)
Financing Activities      
Borrowings under debt agreement 99,846,333 11,569,652 43,475,443
Payments of loan principal (30,108,589) (18,182,381) (28,600,458)
Purchases of treasury stock (122,044) (1,214,638) (1,158,957)
Payments of dividends (2,661,723) (2,326,995) (2,321,164)
Excess tax benefit on stock-based compensation 17,000 15,000 83,742
Net cash provided by (used in) financing activities 66,970,977 (10,139,362) 11,478,606
Increase (decrease) in cash and cash equivalents (2,357,416) 883,072 (1,522,900)
Cash and cash equivalents at beginning of year 2,867,171 1,984,099 3,506,999
Cash and cash equivalents at end of year 509,755 2,867,171 1,984,099
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest) 380,451 157,558 127,970
Income taxes paid, net of refunds received 5,477,147 870,295 1,356,706
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 225,453 161,065 279,075
Gross additions to properties and equipment 120,284,639 29,261,285 46,201,308
Net (increase) decrease in accounts payable for properties and equipment additions 1,638,351 (1,711,750) (909,881)
Capital expenditures, including dry hole costs $ 121,922,990 $ 27,549,535 $ 45,291,427
[1] At the end of each quarter, the Company assessed the carrying value of its producing properties for impairment. This assessment utilized estimates of future cash flows. Significant judgments and assumptions in these assessments include estimates of future oil, NGL 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.