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Statements of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2010
Operating Activities      
Net income (loss) $ 7,370,996 $ 8,493,912 $ 11,419,690
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 19,061,239 14,712,188 19,222,123
Impairment 826,508 1,728,162 605,615
Provision for deferred income taxes 1,802,257 1,878,000 777,000
Exploration costs 979,718 1,025,542 1,208,653
Gain from leasing of fee mineral acreage (7,146,299) (352,642) (1,189,648)
Net (gain) loss on sales of assets (122,504) 2,112 43
Income from partnerships (487,070) (420,465) (405,134)
Distributions received from partnerships 601,300 553,382 523,317
Other     64,555
Common stock contributed to ESOP 326,942 303,843 287,194
Common stock (unissued) to Directors' Deferred Compensation Plan 417,347 443,456 359,628
Restricted stock awards 330,923 152,482 12,028
Cash provided (used) by changes in assets and liabilities:      
Oil, NGL and natural gas sales receivables 461,539 251,598 (1,315,445)
Fair value of derivative contracts 388,211 1,404,386 (4,133,761)
Refundable income taxes 28,531 (354,246)  
Refundable production taxes 85,926 (124,621) (69,874)
Other current assets (108,098) 317,370 (343,961)
Accounts payable 585,912 72,119 (24,896)
Other non-current asset 308    
Income taxes payable   (922,136) 583,625
Accrued liabilities (32,490) 119,487 225,723
Total adjustments 18,000,200 20,790,017 16,386,785
Net cash provided by operating activities 25,371,196 29,283,929 27,806,475
Investing Activities      
Capital expenditures, including dry hole costs (25,147,306) (22,739,908) (11,308,506)
Acquisition of working interest properties (17,399,052) (185,125)  
Acquisition of minerals and overrides (2,745,069) (4,620,315)  
Proceeds from leasing of fee mineral acreage 7,265,808 389,807 1,316,377
Investments in partnerships (481,904) (46,213) (254,555)
Proceeds from sales of assets 134,821 938 401,168
Excess tax benefit on stock-based compensation 83,742    
Net cash used in investing activities (38,288,960) (27,200,816) (9,845,516)
Financing Activities      
Borrowings under debt agreement 43,475,443   10,799,814
Payments of loan principal (28,600,458)   (21,184,536)
Purchases of treasury stock (1,158,957) (1,851,290) (291,383)
Payments of dividends (2,321,164) (2,322,082) (2,327,504)
Net cash provided by (used in) financing activities 11,394,864 (4,173,372) (13,003,609)
Increase (decrease) in cash and cash equivalents (1,522,900) (2,090,259) 4,957,350
Cash and cash equivalents at beginning of year 3,506,999 5,597,258 639,908
Cash and cash equivalents at end of year 1,984,099 3,506,999 5,597,258
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest) 127,970   60,912
Income taxes paid, net of refunds received 1,356,706 2,584,172 3,530,718
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 279,075 113,506 110,144
Gross additions to properties and equipment 46,201,308 27,310,016 11,585,521
Net (increase) decrease in accounts payable for properties and equipment additions (909,881) 235,332 (277,015)
Capital expenditures, including dry hole costs $ 45,291,427 $ 27,545,348 $ 11,308,506