Balance Sheets (USD $)	Sep. 30, 2012	Sep. 30, 2011
Current Assets:
Cash and cash equivalents	$ 1,984,099	$ 3,506,999
Oil, NGL and natural gas sales receivables	8,349,865	8,811,404
Refundable income taxes	325,715	354,246
Refundable production taxes	585,454	223,672
Deferred income taxes	121,900
Derivative contracts		269,329
Other	255,812	95,408
Total current assets	11,622,845	13,261,058
Properties and equipment at cost, based on successful efforts accounting:
Producing oil and natural gas properties	275,997,569	230,554,198
Non-producing oil and natural gas properties	10,150,561	11,100,350
Furniture and fixtures	668,004	628,929
Total properties and equipment, at cost, based on successful efforts accounting	286,816,134	242,283,477
Less accumulated depreciation, depletion and amortization	165,199,079	146,147,514
Net properties and equipment	121,617,055	96,135,963
Investments	1,034,870	667,504
Refundable production taxes	911,960	1,359,668
Total assets	135,186,730	111,424,193
Current Liabilities:
Accounts payable	6,447,692	4,899,593
Derivative contracts	172,271
Deferred income taxes		7,100
Accrued liabilities and other	1,007,779	1,040,269
Total current liabilities	7,627,742	5,946,962
Long term debt	14,874,985
Deferred income taxes	26,708,907	24,777,650
Asset retirement obligations	2,122,950	1,843,875
Derivative contracts		53,389
Stockholders' equity:
Class A voting common stock, $.0166 par value; 24,000,000 shares authorized, 8,431,502 issued at September 30, 2012 and 2011	140,524	140,524
Capital in excess of par value	2,020,229	1,924,507
Deferred directors' compensation	2,676,160	2,665,583
Retained earnings	84,821,395	79,771,563
Total stockholders' equity	89,658,308	84,502,177
Treasury stock, at cost; 181,310 shares at September 30, 2012, and 175,331 shares at September 30, 2011	(5,806,162)	(5,699,860)
Total stockholders' equity	83,852,146	78,802,317
Total liabilities and stockholders' equity	$ 135,186,730	$ 111,424,193