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Condensed Statements Of Operations - USD ($)
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Natural gas, oil and NGL sales $ 14,888,674 $ 13,687,164
Lease bonuses and rental income 34,482 78,915
Gains (losses) on derivative contracts 3,347,002 2,836,168
Revenues 18,270,158 16,602,247
Costs and expenses:    
Lease operating expenses 1,015,981 1,256,011
Transportation, gathering and marketing 1,455,260 1,213,604
Production taxes 617,948 678,947
Depreciation, depletion and amortization 1,802,114 1,583,760
Provision for impairment 6,100,696 5,585
Interest expense 637,698 176,719
General and administrative 3,137,401 2,095,557
Losses (gains) on asset sales and other (824,073) 2,147,815
Total costs and expenses 13,943,025 9,157,998
Income (loss) before provision (benefit) for income taxes 4,327,133 7,444,249
Provision (benefit) for income taxes 981,000 762,000
Net income (loss) $ 3,346,133 $ 6,682,249
Basic earnings (loss) per common share $ 0.09 $ 0.20
Diluted earnings (loss) per common share $ 0.09 $ 0.20
Weighted average shares outstanding:    
Basic 35,679,740 33,127,722
Diluted 36,489,353 33,127,722
Dividends per share of common stock paid in period $ 0.02 $ 0.01
Dividends declared per share of common stock and to be paid in quarter ended March 31 $ 0.0225 $ 0.015