Condensed Statements Of Operations - USD ($)	3 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Oil, NGL and natural gas sales	$ 9,055,288	$ 19,519,700
Lease bonuses and rentals	2,425,504	29,291
Gains (losses) on derivative contracts	(34,936)	11,250,265
Income from partnerships	16,269	199,914
Total revenues	11,462,125	30,999,170
Costs and expenses:
Lease operating expenses	3,566,536	4,785,350
Production taxes	321,841	622,512
Exploration costs	27,790	25,352
Depreciation, depletion and amortization	6,957,652	6,139,019
Provision for impairment	3,733,273	2,191,997
Loss (gain) on asset sales and other	(269,706)	(1,982)
Interest expense	360,562	402,733
General and administrative	1,912,079	1,958,428
Bad debt expense (recovery)	19,216
Total costs and expenses	16,629,243	16,123,409
Income (loss) before provision (benefit) for income taxes	(5,167,118)	14,875,761
Provision (benefit) for income taxes	(2,368,000)	4,642,000
Net income (loss)	$ (2,799,118)	$ 10,233,761
Basic and diluted earnings (loss) per common share (Note 3)	$ (0.17)	$ 0.61
Basic and diluted weighted average shares outstanding:
Common shares	16,563,942	16,494,805
Unissued, directors' deferred compensation shares	255,060	262,121
Basic and diluted weighted average shares outstanding	16,819,002	16,756,926
Dividends declared per share of common stock and paid in period	$ 0.04	$ 0.04
Dividends declared per share of common stock and to be paid in quarter ended March 31	$ 0.04	$ 0.04