Derivatives (Tables)

9 Months Ended

Jun. 30, 2016

Derivatives [Abstract]

Summary Of Derivative Instruments Contracts

Derivative contracts in place as of June 30, 2016

	Production volume
Contract period	covered per month	Index	Contract price
Natural gas costless collars
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
June - September 2016	80,000 Mmbtu	NYMEX Henry Hub	$2.15 floor / $2.90 ceiling
October - December 2016	70,000 Mmbtu	NYMEX Henry Hub	$2.75 floor / $3.05 ceiling
November 2016 - March 2017	50,000 Mmbtu	NYMEX Henry Hub	$2.25 floor / $3.65 ceiling
November 2016 - March 2017	80,000 Mmbtu	NYMEX Henry Hub	$2.25 floor / $3.95 ceiling
November 2016 - March 2017	50,000 Mmbtu	NYMEX Henry Hub	$2.60 floor / $3.25 ceiling
January - June 2017	50,000 Mmbtu	NYMEX Henry Hub	$2.85 floor / $3.35 ceiling
Natural gas fixed price swaps
January - September 2016	80,000 Mmbtu	NYMEX Henry Hub	$2.430
October 2016	100,000 Mmbtu	NYMEX Henry Hub	$2.410
November 2016 - April 2017	80,000 Mmbtu	NYMEX Henry Hub	$2.955
Oil costless collars
April - September 2016	10,000 Bbls	NYMEX WTI	$37.50 floor / $44.00 ceiling
April - September 2016	5,000 Bbls	NYMEX WTI	$37.50 floor / $46.50 ceiling
July - December 2016	3,000 Bbls	NYMEX WTI	$35.00 floor / $49.00 ceiling
October - December 2016	3,000 Bbls	NYMEX WTI	$40.00 floor / $47.25 ceiling
October 2016 - March 2017	3,000 Bbls	NYMEX WTI	$40.00 floor / $58.50 ceiling
October 2016 - March 2017	3,000 Bbls	NYMEX WTI	$45.00 floor / $54.00 ceiling
October 2016 - March 2017	3,000 Bbls	NYMEX WTI	$45.00 floor / $55.50 ceiling

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

	June 30, 2016		September 30, 2015
	Fair Value (a)		Fair Value (a)
	Commodity Contracts		Commodity Contracts
	Current Liabilities		Current Assets
Gross amounts recognized	$	1,690,516	$	4,210,764
Offsetting adjustments		-		-
Net presentation on Condensed Balance Sheets	$	1,690,516	$	4,210,764

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