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Statements Of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Operating Activities      
Net income (loss) $ 9,321,341 $ 25,001,462 $ 13,960,049
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 23,821,139 21,896,902 21,945,768
Impairment 5,009,191 [1] 1,096,076 [1] 530,670
Provision for deferred income taxes 2,672,000 6,610,000 4,767,000
Exploration costs 48,404 86,017 9,795
Gain from leasing fee mineral acreage (2,007,993) (422,818) (936,701)
Net (gain) loss on sales of assets   149,062 (208,750)
Income from partnerships (515,278) (893,954) (733,372)
Distributions received from partnerships 736,280 1,129,324 917,718
Common stock contributed to ESOP 185,113 341,125 308,450
Common stock (unissued) to Directors' Deferred Compensation Plan 302,353 353,825 377,520
Restricted stock awards 895,127 659,320 683,968
Bad debt expense (recovery) 180,499 0  
Cash provided (used) by changes in assets and liabilities:      
Oil, NGL and natural gas sales receivables 8,151,379 (2,506,708) (5,370,896)
Fair value of derivative contracts (2,308,922) (1,476,644) (597,469)
Refundable income taxes (345,897)   325,715
Refundable production taxes 149,995 576,537 294,881
Other current assets 102,812 (224,830) 73,508
Accounts payable (343,186) 252,860 298,191
Income taxes payable (523,843) (284,149) 751,992
Accrued liabilities 40,500 279,195 4,072
Total adjustments 36,249,673 27,621,140 23,442,060
Net cash provided by operating activities 45,571,014 52,622,602 37,402,109
Investing Activities      
Capital expenditures, including dry hole costs (30,800,625) (38,612,788) (26,765,785)
Acquisition of working interest properties (308,180) (83,253,952)  
Acquisition of minerals and overrides   (56,250) (783,750)
Proceeds from leasing fee mineral acreage 2,053,900 477,144 1,023,368
Investments in partnerships (533,580) (597,149) (724,118)
Proceeds from sales of assets   92,000 870,610
Net cash used in investing activities (29,588,485) (121,950,995) (26,379,675)
Financing Activities      
Borrowings under debt agreement 25,833,116 99,846,333 11,569,652
Payments of loan principal (38,833,116) (30,108,589) (18,182,381)
Purchases of treasury stock (242,313) (122,044) (1,214,638)
Payments of dividends (2,669,056) (2,661,723) (2,326,995)
Excess tax benefit on stock-based compensation 23,000 17,000 15,000
Net cash provided by (used in) financing activities (15,888,369) 66,970,977 (10,139,362)
Increase (decrease) in cash and cash equivalents 94,160 (2,357,416) 883,072
Cash and cash equivalents at beginning of year 509,755 2,867,171 1,984,099
Cash and cash equivalents at end of year 603,915 509,755 2,867,171
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest) 1,558,885 380,451 157,558
Income taxes paid, net of refunds received 3,009,939 5,477,147 870,295
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 70,529 225,453 161,065
Gross additions to properties and equipment 26,183,115 120,284,639 29,261,285
Net (increase) decrease in accounts payable for properties and equipment additions 4,925,690 1,638,351 (1,711,750)
Capital expenditures, including dry hole costs $ 31,108,805 $ 121,922,990 $ 27,549,535
[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 projected inflation, 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.