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Fair Value Measurements (Summary Of Impairments Associated With Certain Assets Measured At Fair Value On A Nonrecurring Basis Within Level 3) (Details) (USD $)
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Fair Value Measurements [Abstract]        
Producing Properties, Fair Value $ 1,510,458phx_ProducingPropertiesFairValue [1] $ 391,898phx_ProducingPropertiesFairValue [1] $ 3,833,218phx_ProducingPropertiesFairValue [1] $ 628,097phx_ProducingPropertiesFairValue [1]
Producing Properties, Impairment $ 1,208,645us-gaap_AssetImpairmentCharges [1] $ 227,152us-gaap_AssetImpairmentCharges [1] $ 3,400,642us-gaap_AssetImpairmentCharges [1] $ 430,143us-gaap_AssetImpairmentCharges [1]
[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.