Supplementary Information On Oil, Ngl And Natural Gas Reserves (Tables)

12 Months Ended

Sep. 30, 2015

Supplementary Information On Oil, Ngl And Natural Gas Reserves [Abstract]

Summary Of Capitalized Costs Of Oil And Natural Gas Properties And Related Depreciation, Depletion And Amortization

	2015		2014
Producing properties	$	441,141,337	$	418,237,512
Non-producing minerals		8,088,134		8,247,509
Non-producing leasehold		204,101		302,631
Exploratory wells in progress		1,762		1,710,577
		449,435,334		428,498,229
Accumulated depreciation, depletion and amortization		(227,165,334)		(204,045,504)
Net capitalized costs	$	222,270,000	$	224,452,725

Summary Of Costs Incurred In Oil And Natural Gas Producing Activities

	2015		2014		2013
Property acquisition costs	$	146,261	$	83,405,404	$	1,242,615
Exploration costs		898,818		2,013,231		-
Development costs		24,931,571		34,219,072		27,938,160
	$	25,976,650	$	119,637,707	$	29,180,775

Summary Of Net Quantities Of Proved, Developed And Undeveloped Oil And Natural Gas Reserves

	Proved Reserves
	Oil	NGL	Natural Gas
	(Barrels)	(Barrels)	(Mcf)
September 30, 2012	1,072,319	788,742	113,514,056
Revisions of previous estimates	(90,968)	141,081	(2,697,853)
Acquisitions (divestitures)	-	-	1,660,649
Extensions, discoveries and other additions	896,036	798,200	30,698,644
Production	(234,084)	(111,897)	(10,886,329)
September 30, 2013	1,643,303	1,616,126	132,289,167
Revisions of previous estimates	(50,025)	469,897	(3,917,380)
Acquisitions (divestitures)	5,882,886	884,889	8,191,448
Extensions, discoveries and other additions	439,802	276,957	16,702,684
Production	(346,387)	(207,688)	(10,773,559)
September 30, 2014	7,569,579	3,040,181	142,492,360
Revisions of previous estimates	(1,697,309)	(425,300)	(31,273,207)
Acquisitions (divestitures)	-	-	-
Extensions, discoveries and other additions	1,619,285	516,679	18,740,114
Production	(453,125)	(210,960)	(9,745,223)
September 30, 2015	7,038,430	2,920,600	120,214,044

Summary Of Proved Developed And Undeveloped Reserves

	Proved Developed Reserves			Proved Undeveloped Reserves
	Oil	NGL	Natural Gas	Oil	NGL	Natural Gas
	(Barrels)	(Barrels)	(Mcf)	(Barrels)	(Barrels)	(Mcf)
September 30, 2013	1,037,721	764,321	82,298,833	605,582	851,805	49,990,334
September 30, 2014	2,890,678	1,564,859	88,512,767	4,678,901	1,475,322	53,979,593
September 30, 2015	2,725,077	1,466,834	82,899,159	4,313,353	1,453,766	37,314,885

Summary Of Proved Undeveloped Reserves

Beginning proved undeveloped reserves	90,904,931
Proved undeveloped reserves transferred to proved developed	(13,642,311)
Revisions	(32,417,179)
Extensions and discoveries	27,072,158
Purchases	-
Ending proved undeveloped reserves	71,917,599

Summary Of Standardized Measure Of Discounted Future Net Cash Flows

	2015		2014		2013
Future cash inflows	$	786,295,155	$	1,405,400,261	$	630,332,900
Future production costs		(311,933,151)		(423,512,430)		(216,584,982)
Future development and asset retirement costs		(124,857,957)		(146,465,509)		(50,572,218)
Future income tax expense		(123,007,909)		(308,149,182)		(131,397,192)
Future net cash flows		226,496,138		527,273,140		231,778,508
10% annual discount		(144,904,927)		(322,490,636)		(130,103,612)
Standardized measure of discounted
future net cash flows	$	81,591,211	$	204,782,504	$	101,674,896

Summary Of Changes In Standardized Measure Of Discounted Future Net Cash Flows

	2015		2014		2013
Beginning of year	$	204,782,504	$	101,674,896	$	67,414,288
Changes resulting from:
Sales of oil, NGL and natural gas, net of production costs		(35,359,204)		(66,239,618)		(46,909,635)
Net change in sales prices and production costs		(211,336,729)		164,240,162		47,270,404
Net change in future development and asset retirement costs		9,569,985		(46,593,511)		(7,363,224)
Extensions and discoveries		34,327,400		44,308,910		54,101,830
Revisions of quantity estimates		(51,375,950)		(3,235,695)		(3,150,420)
Acquisitions (divestitures) of reserves-in-place		-		102,945,609		2,198,612
Accretion of discount		37,000,855		17,646,314		11,473,819
Net change in income taxes		102,592,290		(90,457,070)		(27,464,341)
Change in timing and other, net		(8,609,940)		(19,507,493)		4,103,563
Net change		(123,191,293)		103,107,608		34,260,608
End of year	$	81,591,211	$	204,782,504	$	101,674,896