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Statements Of Cash Flows (USD $)
12 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2011
Operating Activities      
Net income (loss) $ 13,960,049 $ 7,370,996 $ 8,493,912
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 21,945,768 19,061,239 14,712,188
Impairment 530,670 826,508 [1] 1,728,162
Provision for deferred income taxes 4,767,000 1,802,000 1,878,000
Exploration costs 9,795 979,718 1,025,542
Gain from leasing fee mineral acreage (936,701) (7,146,299) (352,642)
Net (gain) loss on sales of assets (208,750) (122,504) 2,112
Income from partnerships (733,372) (487,070) (420,465)
Distributions received from partnerships 917,718 601,300 553,382
Common stock contributed to ESOP 308,450 326,942 303,843
Common stock (unissued) to Directors' Deferred Compensation Plan 377,520 417,347 443,456
Restricted stock awards 683,968 330,923 152,482
Cash provided (used) by changes in assets and liabilities:      
Oil, NGL and natural gas sales receivables (5,370,896) 461,539 251,598
Fair value of derivative contracts (597,469) 388,211 1,404,386
Refundable income taxes 325,715 28,531 (354,246)
Refundable production taxes 294,881 85,926 (124,621)
Other current assets 73,508 (108,098) 317,370
Accounts payable 298,191 585,912 72,119
Other non-current asset   308  
Income taxes payable 751,992   (922,136)
Accrued liabilities 4,072 (32,233) 119,487
Total adjustments 23,442,060 18,000,200 20,790,017
Net cash provided by operating activities 37,402,109 25,371,196 29,283,929
Investing Activities      
Capital expenditures, including dry hole costs (26,765,785) (25,147,306) (22,739,908)
Acquisition of working interest properties   (17,399,052) (185,125)
Acquisition of minerals and overrides (783,750) (2,745,069) (4,620,315)
Proceeds from leasing fee mineral acreage 1,023,368 7,265,808 389,807
Investments in partnerships (724,118) (481,904) (46,213)
Proceeds from sales of assets 870,610 134,821 938
Excess tax benefit on stock-based compensation 15,000 83,742  
Net cash used in investing activities (26,364,675) (38,288,960) (27,200,816)
Financing Activities      
Borrowings under debt agreement 11,569,652 43,475,443  
Payments of loan principal (18,182,381) (28,600,458)  
Purchases of treasury stock (1,214,638) (1,158,957) (1,851,290)
Payments of dividends (2,326,995) (2,321,164) (2,322,082)
Net cash provided by (used in) financing activities (10,154,362) 11,394,864 (4,173,372)
Increase (decrease) in cash and cash equivalents 883,072 (1,522,900) (2,090,259)
Cash and cash equivalents at beginning of year 1,984,099 3,506,999 5,597,258
Cash and cash equivalents at end of year 2,867,171 1,984,099 3,506,999
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest) 157,558 127,970  
Income taxes paid, net of refunds received 870,295 1,356,706 2,584,172
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 161,065 279,075 113,506
Gross additions to properties and equipment 29,261,285 46,201,308 27,310,016
Net (increase) decrease in accounts payable for properties and equipment additions (1,711,750) (909,881) 235,332
Capital expenditures, including dry hole costs $ 27,549,535 $ 45,291,427 $ 27,545,348
[1] At the end of each quarter, the Company assessed the carrying value of its producing properties for impairment. This assessment utilized estimates of future cash flows. Significant judgments and assumptions in these assessments include estimates of future oil, NGL and natural gas prices using a forward NYMEX curve adjusted for locational basis differentials, drilling plans, expected capital costs and an applicable discount rate commensurate with risk of the underlying cash flow estimates. These assessments identified certain properties with carrying value in excess of their calculated fair values.