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Statements Of Operations - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Revenues:      
Oil, NGL and natural gas sales $ 54,533,914 $ 82,846,528 $ 60,605,878
Lease bonuses and rentals 2,010,395 423,328 938,846
Gains (losses) on derivative contracts 13,822,506 247,414 611,024
Income from partnerships 515,278 893,954 733,372
Total revenues 70,882,093 84,411,224 62,889,120
Costs and expenses:      
Lease operating expenses 17,472,408 13,912,792 11,861,403
Production taxes 1,702,302 2,694,118 1,834,840
Exploration costs 48,404 86,017 9,795
Depreciation, depletion and amortization 23,821,139 21,896,902 21,945,768
Provision for impairment 5,009,191 1,096,076 530,670
Loss (gain) on asset sales and other (398,994) 8,378 (942,959)
Interest expense 1,550,483 462,296 157,558
General and administrative 7,339,320 7,433,183 6,801,996
Bad debt expense (recovery) 180,499 0  
Total costs and expenses 56,724,752 47,589,762 42,199,071
Income (loss) before provision (benefit) for income taxes 14,157,341 36,821,462 20,690,049
Provision (benefit) for income taxes 4,836,000 11,820,000 6,730,000
Net income (loss) $ 9,321,341 $ 25,001,462 $ 13,960,049
Basic and diluted earnings (loss) per common share $ 0.56 $ 1.49 $ 0.84