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Supplementary Information On Natural Gas, Oil And NGL Reserves (Tables)
12 Months Ended
Sep. 30, 2022
Extractive Industries [Abstract]  
Summary Of Capitalized Costs Of Natural Gas and Oil Properties And Related Depreciation, Depletion And Amortization

 

 

 

2022

 

 

2021

 

Producing properties

 

$

248,978,928

 

 

$

319,984,874

 

Non-producing minerals

 

 

50,032,539

 

 

 

38,328,699

 

Non-producing leasehold

 

 

1,746,797

 

 

 

2,137,399

 

 

 

 

300,758,264

 

 

 

360,450,972

 

Accumulated depreciation, depletion and amortization

 

 

(168,349,542

)

 

 

(257,250,452

)

Net capitalized costs

 

$

132,408,722

 

 

$

103,200,520

 

Summary Of Costs Incurred In Natural Gas and Oil Producing Activities

 

 

 

2022

 

 

2021

 

 

2020

 

Property acquisition costs

 

$

46,224,928

 

 

$

30,963,579

 

 

$

10,453,119

 

Development costs

 

 

156,752

 

 

 

518,058

 

 

 

273,825

 

 

 

$

46,381,680

 

 

$

31,481,637

 

 

$

10,726,944

 

 

Summary Of Net Quantities Of Proved, Developed And Undeveloped Natural Gas, Oil And NGL Reserves

 

 

 

Proved Reserves

 

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

Total

 

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

 

Bcfe

 

September 30, 2019

 

 

80,273,906

 

 

 

2,380,090

 

 

 

1,973,280

 

 

 

106.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

(34,666,426

)

 

 

(1,094,923

)

 

 

(774,214

)

 

 

(45.9

)

Acquisitions

 

 

972,819

 

 

 

156,133

 

 

 

84,134

 

 

 

2.4

 

Divestitures

 

 

(60,966

)

 

 

(98,412

)

 

 

(13,201

)

 

 

(0.7

)

Extensions, discoveries and other additions

 

 

1,816,144

 

 

 

260,555

 

 

 

118,480

 

 

 

4.1

 

Production

 

 

(5,962,704

)

 

 

(269,786

)

 

 

(168,622

)

 

 

(8.6

)

September 30, 2020

 

 

42,372,773

 

 

 

1,333,657

 

 

 

1,219,857

 

 

 

57.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

21,930,522

 

 

 

287,961

 

 

 

389,825

 

 

 

26.0

 

Acquisitions

 

 

7,814,545

 

 

 

91,198

 

 

 

41,085

 

 

 

8.6

 

Divestitures

 

 

(820,122

)

 

 

(11,622

)

 

 

(4,174

)

 

 

(0.9

)

Extensions, discoveries and other additions

 

 

354,670

 

 

 

28,125

 

 

 

26,748

 

 

 

0.7

 

Production

 

 

(6,699,720

)

 

 

(224,479

)

 

 

(171,488

)

 

 

(9.1

)

September 30, 2021

 

 

64,952,668

 

 

 

1,504,840

 

 

 

1,501,853

 

 

 

83.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

2,405,959

 

 

 

(13,498

)

 

 

409,597

 

 

 

4.8

 

Acquisitions

 

 

15,302,364

 

 

 

29,987

 

 

 

18,260

 

 

 

15.6

 

Divestitures

 

 

(16,624,066

)

 

 

(72,244

)

 

 

(83,931

)

 

 

(17.6

)

Extensions, discoveries and other additions

 

 

3,627,989

 

 

 

132,227

 

 

 

82,024

 

 

 

4.9

 

Production

 

 

(7,427,708

)

 

 

(198,535

)

 

 

(165,120

)

 

 

(9.6

)

September 30, 2022

 

 

62,237,206

 

 

 

1,382,777

 

 

 

1,762,683

 

 

 

81.1

 

Summary Of Proved Developed And Undeveloped Reserves

 

 

 

Proved Developed Reserves

 

 

Proved Undeveloped Reserves

 

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

September 30, 2020

 

 

40,924,083

 

 

 

1,148,989

 

 

 

1,135,864

 

 

 

1,448,690

 

 

 

184,668

 

 

 

83,993

 

September 30, 2021

 

 

60,287,881

 

 

 

1,439,860

 

 

 

1,467,092

 

 

 

4,664,787

 

 

 

64,980

 

 

 

34,761

 

September 30, 2022

 

 

50,304,185

 

 

 

1,275,853

 

 

 

1,698,046

 

 

 

11,933,021

 

 

 

106,924

 

 

 

64,637

 

Summary Of Proved Undeveloped Reserves

Beginning proved undeveloped reserves

 

 

5,263,233

 

Proved undeveloped reserves transferred to proved developed

 

 

(4,132,227

)

Revisions

 

 

63,036

 

Extensions and discoveries

 

 

3,164,434

 

Sales

 

 

-

 

Purchases

 

 

8,603,911

 

Ending proved undeveloped reserves

 

 

12,962,387

 

Summary Of Standardized Measure Of Discounted Future Net Cash Flows

 

 

 

2022

 

 

2021

 

 

2020

 

Future cash inflows

 

$

591,082,414

 

 

$

297,138,886

 

 

$

134,179,216

 

Future production costs

 

 

(131,377,260

)

 

 

(115,681,617

)

 

 

(66,136,222

)

Future development and asset retirement costs

 

 

(2,543,510

)

 

 

(1,873,126

)

 

 

(1,957,225

)

Future income tax expense

 

 

(107,209,614

)

 

 

(40,697,140

)

 

 

(13,224,535

)

Future net cash flows

 

 

349,952,030

 

 

 

138,887,003

 

 

 

52,861,234

 

 

 

 

 

 

 

 

 

 

 

10% annual discount

 

 

(167,382,649

)

 

 

(64,096,661

)

 

 

(21,727,081

)

Standardized measure of discounted future net
   cash flows

 

$

182,569,381

 

 

$

74,790,342

 

 

$

31,134,153

 

Summary Of Changes In Standardized Measure Of Discounted Future Net Cash Flows

 

 

 

2022

 

 

2021

 

 

2020

 

Beginning of year

 

$

74,790,342

 

 

$

31,134,153

 

 

$

85,561,529

 

Changes resulting from:

 

 

 

 

 

 

 

 

 

Sales of natural gas, oil and NGL, net of
   production costs

 

 

(56,691,954

)

 

 

(25,812,485

)

 

 

(12,692,681

)

Net change in sales prices and production costs

 

 

172,990,983

 

 

 

43,951,090

 

 

 

(46,499,344

)

Net change in future development and asset
   retirement costs

 

 

(360,323

)

 

 

49,542

 

 

 

(20,571

)

Extensions and discoveries

 

 

14,493,340

 

 

 

803,714

 

 

 

2,841,807

 

Revisions of quantity estimates

 

 

14,569,169

 

 

 

33,482,964

 

 

 

(28,332,653

)

Acquisitions (divestitures) of reserves-in-place

 

 

(5,808,769

)

 

 

9,041,028

 

 

 

1,169,819

 

Accretion of discount

 

 

9,652,434

 

 

 

3,893,028

 

 

 

11,039,792

 

Net change in income taxes

 

 

(33,623,250

)

 

 

(13,937,867

)

 

 

17,037,980

 

Change in timing and other, net

 

 

(7,442,591

)

 

 

(7,814,825

)

 

 

1,028,475

 

Net change

 

 

107,779,039

 

 

 

43,656,189

 

 

 

(54,427,376

)

End of year

 

$

182,569,381

 

 

$

74,790,342

 

 

$

31,134,153