Condensed Balance Sheets (USD $)	Dec. 31, 2011	Sep. 30, 2011
Current assets:
Cash and cash equivalents	$ 1,935,886	$ 3,506,999
Oil and natural gas sales receivables	8,473,280	8,811,404
Deferred income taxes	70,900	0
Refundable income taxes	0	354,246
Refundable production taxes	366,413	223,672
Derivative contracts	0	269,329
Other	523,296	95,408
Total current assets	11,369,775	13,261,058
Properties and equipment, at cost, based on successful efforts accounting:
Producing oil and natural gas properties	253,421,239	230,554,198
Non-producing oil and natural gas properties	11,151,778	11,100,350
Furniture and fixtures	646,221	628,929
Total properties and equipment, at cost, based on successful efforts accounting	265,219,238	242,283,477
Less accumulated depreciation, depletion and amortization	150,435,510	146,147,514
Net properties and equipment	114,783,728	96,135,963
Investments	706,978	667,504
Refundable production taxes	1,151,008	1,359,668
Total assets	128,011,489	111,424,193
Current liabilities:
Accounts payable	3,249,441	4,899,593
Deferred income taxes	0	7,100
Derivative contracts	320,074	0
Income taxes payable	264,786	0
Accrued liabilities and other	1,449,789	1,040,269
Total current liabilities	5,284,090	5,946,962
Long-term debt	14,522,371	0
Deferred income taxes	25,086,650	24,777,650
Asset retirement obligations	1,887,421	1,843,875
Derivative contracts	0	53,389
Stockholders' equity:
Class A voting common stock, $.0166 par value; 24,000,000 shares authorized, 8,431,502 issued at December 31, 2011 and September 30, 2011	140,524	140,524
Capital in excess of par value	1,982,236	1,924,507
Deferred directors' compensation	2,785,459	2,665,583
Retained earnings	82,022,598	79,771,563
Total stockholders' equity	86,930,817	84,502,177
Less treasury stock, at cost; 175,331 shares at December 31, 2011 and at September 30, 2011	(5,699,860)	(5,699,860)
Total stockholders' equity	81,230,957	78,802,317
Total liabilities and stockholders' equity	$ 128,011,489	$ 111,424,193