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Statements Of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
Operating Activities      
Net income (loss) $ (10,286,884) $ 9,321,341 $ 25,001,462
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 24,487,565 23,821,139 21,896,902
Impairment 12,001,271 [1] 5,009,191 [1] 1,096,076
Provision for deferred income taxes (9,960,000) 2,672,000 6,610,000
Exploration costs 31,589 48,404 86,017
Gain from leasing fee mineral acreage (7,732,023) (2,007,993) (422,818)
Net (gain) loss on sales of assets (2,688,408)   149,062
Income from partnerships (2,400) (515,278) (893,954)
Distributions received from partnerships 33,201 736,280 1,129,324
Common stock contributed to ESOP 200,158 185,113 341,125
Common stock (unissued) to Directors' Deferred Compensation Plan 329,465 302,353 353,825
Restricted stock awards 781,479 895,127 659,320
Bad debt expense (recovery) 19,216 180,499  
Cash provided (used) by changes in assets and liabilities:      
Oil, NGL and natural gas sales receivables 2,589,146 8,151,379 (2,506,708)
Fair value of derivative contracts 4,639,035 (2,308,922) (1,476,644)
Refundable income taxes 262,023 (345,897)  
Refundable production taxes 476,001 149,995 576,537
Other current assets (167,021) 102,812 (224,830)
Accounts payable (811,749) (343,186) 252,860
Income taxes payable   (523,843) (284,149)
Accrued liabilities 388,053 40,500 279,195
Total adjustments 24,876,601 36,249,673 27,621,140
Net cash provided by operating activities 14,589,717 45,571,014 52,622,602
Investing Activities      
Capital expenditures, including dry hole costs (3,986,235) (30,800,625) (38,612,788)
Acquisition of working interest properties   (308,180) (83,253,952)
Acquisition of minerals and overrides     (56,250)
Proceeds from leasing fee mineral acreage 8,049,434 2,053,900 477,144
Investments in partnerships 50,126 (533,580) (597,149)
Proceeds from sales of assets 4,501,726   92,000
Net cash used in investing activities 8,615,051 (29,588,485) (121,950,995)
Financing Activities      
Borrowings under debt agreement 12,339,101 25,833,116 99,846,333
Payments of loan principal (32,839,101) (38,833,116) (30,108,589)
Purchases of treasury stock (117,165) (242,313) (122,044)
Payments of dividends (2,677,305) (2,669,056) (2,661,723)
Excess tax benefit on stock-based compensation (43,000) 23,000 17,000
Net cash provided by (used in) financing activities (23,337,470) (15,888,369) 66,970,977
Increase (decrease) in cash and cash equivalents (132,702) 94,160 (2,357,416)
Cash and cash equivalents at beginning of year 603,915 509,755 2,867,171
Cash and cash equivalents at end of year 471,213 603,915 509,755
Supplemental Disclosures of Cash Flow Information      
Interest paid (net of capitalized interest) 1,365,474 1,558,885 380,451
Income taxes paid, net of refunds received 2,029,977 3,009,939 5,477,147
Supplemental schedule of noncash investing and financing activities:      
Additions and revisions, net, to asset retirement obligations 14,095 70,529 225,453
Gross additions to properties and equipment 5,118,733 26,183,115 120,284,639
Net (increase) decrease in accounts payable for properties and equipment additions (1,132,498) 4,925,690 1,638,351
Capital expenditures, including dry hole costs $ 3,986,235 $ 31,108,805 $ 121,922,990
[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 projected inflation, 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.