Properties And Equipment (Tables)

12 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Summary of Divestitures

Divestitures

Quarter Ended	Net mineral acres(1)/ Wellbores(2)	Sale Price (4)	Gain/(Loss) (4)	Location
September 30, 2022
	5 wellbores	$0.1million	$-	OK
	210 wellbores	$5.0million	$3.5million	AR
	87 acres	$0.1million	$0.1million	TX
	9 wellbores	$0.2million	$0.1million	ND
June 30, 2022
	43 acres	$0.1million	$0.1million	TX
	9 wellbores	$0.3million	$0.1million	OK
	83 acres	$0.1million	$0.1million	OK
	16 wellbores	$0.1million	$-	OK
	2 wellbores	$0.1million	$0.1million	OK
	2,255 acres	$0.3million	$0.3million	AR / OK / TX
March 31, 2022
	7,071 acres	$1.6million	$1.6million	NM / TX
	130 acres	$0.5million	$0.5million	TX
December 31, 2021
	98 wellbores	$2.0million	($3.5)million	OK
	95 wellbores	$0.5million	$0.2million	OK / TX
	499 wellbores	$2.1million	$1.1million	AR
September 30, 2021
	No significant divestitures
June 30, 2021
	2,857 acres	$0.3million	$0.2million	Central Basin Platform, TX
March 31, 2021
	No significant divestitures
December 31, 2020
	No significant divestitures

(1) Number of net mineral acres sold.

(2) Number of gross wellbores associated with working interests sold.

(3) Excludes immaterial divestitures.

(4) Sales price and gain(loss) is net of purchase price adjustment.

Summary of Acquisitions

Acquisitions

Quarter Ended (4)	Net royalty acres (1)(2)	Cash	Number of shares issued (3)		Total Purchase Price (1)	Area of Interest
September 30, 2022
	63	$0.7million		-	$0.7million	Haynesville / LA
	17	$0.2million		-	$0.2million	SCOOP / OK
	85	$1.5million		-	$1.5million	Haynesville / LA
	214	$3.0million		-	$3.0million	Haynesville / LA
	110	$1.0million		-	$1.0million	Haynesville / LA
	295	$5.5million		-	$5.5million	Haynesville / LA
	140	$1.7million		-	$1.7million	SCOOP / OK
June 30, 2022
	60	$0.6million		-	$0.6million	SCOOP / OK
	46	$0.8million		-	$0.8million	Haynesville / LA
	56	$0.4million		-	$0.4million	Haynesville / LA
	88	$0.9million		-	$0.9million	SCOOP / OK
	503	$5.0million		-	$5.0million	Haynesville / LA, TX
	92	$0.6million		-	$0.6million	Haynesville / LA
	25	$0.3million		-	$0.3million	Haynesville / LA
	68	$0.5million		-	$0.5million	SCOOP / OK
March 31, 2022
	58	$0.5million		-	$0.5million	SCOOP / OK
	500	$6.4million		-	$6.4million	Haynesville / LA
	68	$0.7million		-	$0.7million	Haynesville / TX
	166	$1.3million		-	$1.3million	SCOOP / OK
	33	$0.4million		-	$0.4million	Haynesville / TX
December 31, 2021
	426	$5.8million		-	$5.8million	Haynesville / LA
	847	$0.6million		1,519,481	$4.1million	Haynesville / LA
	172	$1.4million		-	$1.4million	SCOOP / OK
	103	$0.6million		-	$0.6million	Haynesville / TX
	116	$1.7million		-	$1.7million	Haynesville / LA
	220	$1.2million		-	$1.2million	SCOOP / OK
September 30, 2021
	817	$0.7million		2,349,207	$7.3million	Haynesville / LA, TX
June 30, 2021
	262	$1.3million		-	$1.3million	Haynesville / LA
	131	$1.0million		-	$1.0million	Haynesville / TX
	2,514	$9.5million		1,200,000	$13.0million	SCOOP / OK
March 31, 2021
	No significant acquisitions
December 31, 2020
	142	$1.0million		-	$1.0million	Haynesville / TX
	184	$0.8million		-	$0.8million	Haynesville / TX
	386	$3.5million		-	$3.5million	Haynesville / TX
	297	$2.0 million		153,375	$2.3 million	SCOOP / OK

(1) Excludes subsequent closing adjustments and insignificant acquisitions.

(2) An estimated net royalty equivalent was used for the minerals included in the net royalty acres.

(3) The Company’s policy is to classify all costs associated with equity issuances as financial costs in the Statements of Cash Flows.

(4) Presented in chronological order with most recent at top.

Schedule of Asset Retirement Obligations

The following table shows the activity for the years ended September 30, 2022 and 2021, relating to the Company’s asset retirement obligations:

	2022			2021
Asset retirement obligations as of beginning of the year	$	2,836,172		$	2,897,522
Wells acquired or drilled		-			-
Wells sold or plugged		(1,027,030	)		(189,459	)
Accretion of discount		92,762			128,109
Asset retirement obligations as of end of the year	$	1,901,904		$	2,836,172