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Condensed Statements Of Cash Flows (USD $)
6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating Activities    
Net income (loss) $ 10,937,968us-gaap_NetIncomeLoss $ 10,580,891us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 11,950,609us-gaap_DepreciationDepletionAndAmortization 10,247,853us-gaap_DepreciationDepletionAndAmortization
Impairment 3,400,642us-gaap_AssetImpairmentCharges [1] 430,143us-gaap_AssetImpairmentCharges [1]
Provision for deferred income taxes 2,698,000us-gaap_DeferredIncomeTaxExpenseBenefit 1,453,000us-gaap_DeferredIncomeTaxExpenseBenefit
Exploration costs 28,457us-gaap_ExplorationCosts 63,184us-gaap_ExplorationCosts
Gain from leasing fee mineral acreage (281,124)phx_GainFromLeasingOfFeeMineralAcreage (215,704)phx_GainFromLeasingOfFeeMineralAcreage
Net (gain) loss on sales of assets   152,766us-gaap_GainLossOnSaleOfOilAndGasProperty
Income from partnerships (288,187)phx_IncomeFromPartnerships (435,402)phx_IncomeFromPartnerships
Distributions received from partnerships 395,852phx_DistributionsReceivedFromPartnerships 547,028phx_DistributionsReceivedFromPartnerships
Directors' deferred compensation expense 169,464phx_CommonSharesToBeIssuedToDirectorsForServicesValue 189,506phx_CommonSharesToBeIssuedToDirectorsForServicesValue
Restricted stock awards 531,243us-gaap_RestrictedStockExpense 262,174us-gaap_RestrictedStockExpense
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables 6,588,410us-gaap_IncreaseDecreaseInAccountsReceivable (3,384,957)us-gaap_IncreaseDecreaseInAccountsReceivable
Fair value of derivative contracts (8,588,328)us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities 1,717,527us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities
Refundable production taxes 26,625phx_IncreaseDecreaseInRefundableProductionTaxes 264,048phx_IncreaseDecreaseInRefundableProductionTaxes
Other current assets 26,579us-gaap_IncreaseDecreaseInOtherOperatingAssets (55,727)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable (41,635)us-gaap_IncreaseDecreaseInAccountsPayable 46,051us-gaap_IncreaseDecreaseInAccountsPayable
Income taxes payable 503,394us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 113,890us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Accrued liabilities (404,053)us-gaap_IncreaseDecreaseInAccruedLiabilities (242,919)us-gaap_IncreaseDecreaseInAccruedLiabilities
Total adjustments 16,715,948us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities 11,152,461us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
Net cash provided by operating activities 27,653,916us-gaap_NetCashProvidedByUsedInOperatingActivities 21,733,352us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing Activities    
Capital expenditures, including dry hole costs (19,797,996)us-gaap_PaymentsToAcquireOilAndGasPropertyAndEquipment (17,606,988)us-gaap_PaymentsToAcquireOilAndGasPropertyAndEquipment
Acquisition of working interest properties (308,180)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (1,550,205)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Acquisition of minerals and overrides   (56,250)us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired
Proceeds from leasing fee mineral acreage 286,844phx_ProceedsFromLeasingOfFeeMineralAcreage 237,733phx_ProceedsFromLeasingOfFeeMineralAcreage
Investments in partnerships (208,312)phx_PaymentToAcquireInvestmentsInPartnerships (201,898)phx_PaymentToAcquireInvestmentsInPartnerships
Proceeds from sales of assets   92,000us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment
Net cash used in investing activities (20,027,644)us-gaap_NetCashProvidedByUsedInInvestingActivities (19,085,608)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing Activities    
Borrowings under debt agreement 18,894,612us-gaap_ProceedsFromIssuanceOfLongTermDebt 8,312,545us-gaap_ProceedsFromIssuanceOfLongTermDebt
Payments of loan principal (24,971,023)us-gaap_RepaymentsOfLongTermDebt (10,574,801)us-gaap_RepaymentsOfLongTermDebt
Purchases of treasury stock (120,611)us-gaap_PaymentsForRepurchaseOfCommonStock (122,044)us-gaap_PaymentsForRepurchaseOfCommonStock
Payments of dividends (1,333,023)us-gaap_PaymentsOfDividendsCommonStock (1,330,215)us-gaap_PaymentsOfDividendsCommonStock
Excess tax benefit on stock-based compensation (19,000)us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 16,000us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net cash provided by (used in) financing activities (7,549,045)us-gaap_NetCashProvidedByUsedInFinancingActivities (3,698,515)us-gaap_NetCashProvidedByUsedInFinancingActivities
Increase (decrease) in cash and cash equivalents 77,227us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (1,050,771)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 509,755us-gaap_CashAndCashEquivalentsAtCarryingValue 2,867,171us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 586,982us-gaap_CashAndCashEquivalentsAtCarryingValue 1,816,400us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 32,728us-gaap_IncreaseDecreaseInAssetRetirementObligations 84,786us-gaap_IncreaseDecreaseInAssetRetirementObligations
Gross additions to properties and equipment 18,207,598phx_PaymentsToAcquireOilAndGasPropertyAndEquipmentGross 17,290,125phx_PaymentsToAcquireOilAndGasPropertyAndEquipmentGross
Net (increase) decrease in accounts payable for properties and equipment additions 1,898,578phx_IncreaseDecreaseInAccountsPayableForPropertiesAndEquipmentAdditionsNet 1,923,318phx_IncreaseDecreaseInAccountsPayableForPropertiesAndEquipmentAdditionsNet
Capital expenditures and acquisitions, including dry hole costs $ 20,106,176us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 $ 19,213,443us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
[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.