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Derivatives (Tables)
3 Months Ended
Dec. 31, 2015
Derivatives [Abstract]  
Summary Of Derivative Instruments Contracts

Derivative contracts in place as of December 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Production volume

 

 

 

 

Contract period

 

covered per month

 

Index

 

Contract price

Natural gas costless collars

 

 

 

 

 

 

December 2015 - May 2016

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.50 floor / $3.10 ceiling

January - September 2016

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.15 floor / $2.50 ceiling

April - October 2016

 

200,000 Mmbtu

 

NYMEX Henry Hub

 

$1.95 floor / $2.40 ceiling

January - March 2016

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$1.75 floor / $1.90 ceiling

February - March 2016

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$2.00 floor / $2.60 ceiling

June - September 2016

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.15 floor / $2.90 ceiling

 

 

 

 

 

 

 

Natural gas fixed price swaps

 

 

 

 

 

 

January - September 2016

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.43

 

 

 

 

 

 

 

 

Derivative contracts in place as of September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Production volume

 

 

 

 

Contract period

 

covered per month

 

Index

 

Contract price

Natural gas costless collars

 

 

 

 

 

 

January - December 2015

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$3.50 floor / $4.10 ceiling

January - December 2015

 

70,000 Mmbtu

 

NYMEX Henry Hub

 

$3.25 floor / $4.00 ceiling

April - October 2015

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.50 floor / $4.00 ceiling

May - October 2015

 

70,000 Mmbtu

 

NYMEX Henry Hub

 

$3.50 floor / $3.95 ceiling

 

 

 

 

 

 

 

Oil costless collars

 

 

 

 

 

 

July - December 2015

 

10,000 Bbls

 

NYMEX WTI

 

$80.00 floor / $86.50 ceiling

 

 

 

 

 

 

 

Oil fixed price swaps

 

 

 

 

 

 

April - December 2015

 

5,000 Bbls

 

NYMEX WTI

 

$94.56

July - December 2015

 

7,000 Bbls

 

NYMEX WTI

 

$93.91

 

Summary Of Derivative Contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

September 30, 2015

 

 

Fair Value (a)

 

Fair Value (a)

 

 

Commodity Contracts

 

Commodity Contracts

 

 

Current Assets

 

Current Liabilities

 

Current Assets

Gross amounts recognized

 

$

1,196,007 

 

$

559,893 

 

$

4,210,764 

Offsetting adjustments

 

 

(559,893)

 

 

(559,893)

 

 

 -

Net presentation on Condensed Balance Sheets

 

$

636,114 

 

$

 -

 

$

4,210,764 

 

(a) See Fair Value Measurements section for further disclosures regarding fair value of financial instruments.