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Statements of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2009
Operating Activities      
Net income (loss) $ 8,493,912 $ 11,419,690 $ (2,405,021)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 14,712,188 19,222,123 28,168,933
Impairment 1,728,162 605,615 2,464,520
Provision for deferred income taxes 1,878,000 777,000 (3,814,000)
Exploration costs 1,025,542 1,208,653 711,582
Net (gain) loss on sales of assets (350,530) (1,189,605) (2,654,759)
Income from partnerships (420,465) (405,134) (323,848)
Distributions received from partnerships 553,382 523,317 432,805
Other   64,555 4,708
Common stock contributed to ESOP 303,843 287,194 245,811
Common stock (unissued) to Directors' Deferred Compensation Plan 443,456 359,628 256,688
Restricted stock awards 152,482 12,028  
Bad debt expense (recovery)     (185,272)
Cash provided (used) by changes in assets and liabilities:      
Oil and natural gas sales receivables 251,598 (1,315,445) 9,620,843
Fair value of derivative contracts 1,404,386 (4,133,761) 3,159,628
Refundable income taxes (354,246)   2,162,305
Refundable production taxes (124,621) (69,874) (921,769)
Other current assets 317,370 (343,961) 74,455
Accounts payable 72,119 (24,896) 287,883
Income taxes payable (922,136) 583,625 338,511
Accrued liabilities 119,487 225,723 86,603
Total adjustments 20,790,017 16,386,785 40,115,627
Net cash provided by operating activities 29,283,929 27,806,475 37,710,606
Investing Activities      
Capital expenditures, including dry hole costs (27,545,348) (11,308,506) (39,915,051)
Proceeds from leasing of fee mineral acreage 389,807 1,316,377 209,930
Investments in partnerships (46,213) (254,555) (59,742)
Proceeds from sales of assets 938 401,168 3,441,871
Net cash used in investing activities (27,200,816) (9,845,516) (36,322,992)
Financing Activities      
Borrowings under debt agreement   10,799,814 49,027,225
Payments of loan principal   (21,184,536) (48,346,603)
Purchases of treasury stock (1,851,290) (291,383)  
Payments of dividends (2,322,082) (2,327,504) (2,324,036)
Net cash used in financing activities (4,173,372) (13,003,609) (1,643,414)
Increase (decrease) in cash and cash equivalents (2,090,259) 4,957,350 (255,800)
Cash and cash equivalents at beginning of year 5,597,258 639,908 895,708
Cash and cash equivalents at end of year 3,506,999 5,597,258 639,908
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest)   60,912  
Income taxes paid, net of refunds received 2,584,172 3,530,718 (1,261,808)
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 113,506 110,144 95,076
Gross additions to properties and equipment 27,310,016 11,585,521 28,540,290
Net (increase) decrease in accounts payable for properties and equipment additions 235,332 (277,015) 11,374,761
Capital expenditures, including dry hole costs $ 27,545,348 $ 11,308,506 $ 39,915,051