Balance Sheets (USD $)	Sep. 30, 2011	Sep. 30, 2010
Current Assets:
Cash and cash equivalents	$ 3,506,999	$ 5,597,258
Oil and natural gas sales receivables, net of allowance for uncollectible accounts	8,811,404	9,063,002
Refundable income taxes	354,246	0
Refundable production taxes	223,672	804,120
Derivative contracts	269,329	1,481,527
Other	95,408	412,778
Total current assets	13,261,058	17,358,685
Properties and equipment at cost, based on successful efforts accounting:
Producing oil and natural gas properties	230,554,198	207,928,578
Non-producing oil and natural gas properties	11,100,350	9,616,330
Furniture and fixtures	628,929	656,889
Total properties and equipment at cost, based on successful efforts accounting	242,283,477	218,201,797
Less accumulated depreciation, depletion and amortization	146,147,514	131,983,249
Net properties and equipment	96,135,963	86,218,548
Investments	667,504	754,208
Derivative contracts	0	138,799
Refundable production taxes	1,359,668	654,599
Total assets	111,424,193	105,124,839
Current Liabilities:
Accounts payable	4,899,593	5,062,806
Deferred income taxes	7,100	354,100
Accrued liabilities and other	1,040,269	1,842,918
Total current liabilities	5,946,962	7,259,824
Deferred income taxes	24,777,650	22,552,650
Asset retirement obligations	1,843,875	1,730,369
Derivative contracts	53,389	0
Stockholders' equity:
Class A voting common stock, $.0166 par value; 24,000,000 shares authorized, 8,431,502 issued at September 30, 2011 and 2010	140,524	140,524
Capital in excess of par value	1,924,507	1,816,365
Deferred directors' compensation	2,665,583	2,222,127
Retained earnings	79,771,563	73,599,733
Total stockholders' equity	84,502,177	77,778,749
Treasury stock, at cost; 175,331 shares at September 30, 2011, and 120,560 shares at September 30, 2010	(5,699,860)	(4,196,753)
Total stockholders' equity	78,802,317	73,581,996
Total liabilities and stockholders' equity	$ 111,424,193	$ 105,124,839