Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues:
Oil and natural gas (and associated natural gas liquids) sales	$ 11,190,482	$ 9,659,803	$ 31,829,991	$ 32,981,230
Lease bonuses and rentals	83,485	934,532	225,340	1,057,468
Gains (losses) on derivative contracts	344,856	(218,935)	332,183	5,410,714
Income from partnerships	69,594	86,470	179,910	190,694
Total revenues	11,688,417	10,461,870	32,567,424	39,640,106
Costs and expenses:
Lease operating expenses	2,212,181	1,681,982	6,491,630	6,166,102
Production taxes	268,425	236,793	1,035,497	1,041,738
Exploration costs	418,055	538,262	995,512	1,415,025
Depreciation, depletion and amortization	3,716,460	5,221,723	10,782,656	15,998,498
Provision for impairment	2,927		830,946	12,370
Loss (gain) on asset sales, interest and other	(44,279)	(989,152)	(63,505)	(987,333)
General and administrative	1,423,219	1,507,962	4,529,157	4,353,462
Total costs and expenses	7,996,988	8,197,570	24,601,893	27,999,862
Income before provision for income taxes	3,691,429	2,264,300	7,965,531	11,640,244
Provision for income taxes	1,041,000	753,000	2,116,000	3,257,000
Net income	$ 2,650,429	$ 1,511,300	$ 5,849,531	$ 8,383,244
Basic and diluted earnings per common share (Note 3)	$ 0.32	$ 0.18	$ 0.70	$ 1.00
Basic and diluted weighted average shares outstanding:
Common shares	8,256,252	8,311,636	8,279,784	8,311,636
Unissued, directors' deferred compensation shares	123,310	112,160	119,943	110,640
Total basic and diluted weighted average shares outstanding	8,379,562	8,423,796	8,399,727	8,422,276
Dividends declared per share of common stock and paid in period	$ 0.07	$ 0.07	$ 0.21	$ 0.21