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Derivatives (Tables)
3 Months Ended
Dec. 31, 2016
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary Of Derivative Instruments Contracts

Derivative contracts in place as of December 31, 2016

 

 

 

Production volume

 

 

 

 

Contract period

 

covered per month

 

Index

 

Contract price

Natural gas costless collars

 

 

 

 

 

 

November 2016 - March 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.25 floor / $3.65 ceiling

November 2016 - March 2017

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.25 floor / $3.95 ceiling

November 2016 - March 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.60 floor / $3.25 ceiling

January - March 2017

 

30,000 Mmbtu

 

NYMEX Henry Hub

 

$3.20 floor / $4.00 ceiling

January - June 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.85 floor / $3.35 ceiling

January - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.80 floor / $3.47 ceiling

January - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.00 floor / $3.35 ceiling

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.80 floor / $3.35 ceiling

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.75 floor / $3.35 ceiling

April - December 2017

 

30,000 Mmbtu

 

NYMEX Henry Hub

 

$3.00 floor / $3.65 ceiling

May - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.00 floor / $3.60 ceiling

May - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.20 floor / $3.65 ceiling

January - March 2018

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$3.50 floor / $3.95 ceiling

Natural gas fixed price swaps

 

 

 

 

 

 

October 2016 - March 2017

 

25,000 Mmbtu

 

NYMEX Henry Hub

 

$3.200

November 2016 - April 2017

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.955

January - March 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.665

January - December 2017

 

25,000 Mmbtu

 

NYMEX Henry Hub

 

$3.100

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.070

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.210

April - December 2017

 

30,000 Mmbtu

 

NYMEX Henry Hub

 

$3.300

July - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.510

January - March 2018

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.700

Oil costless collars

 

 

 

 

 

 

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$40.00 floor / $58.50 ceiling

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$45.00 floor / $54.00 ceiling

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$45.00 floor / $55.50 ceiling

January - December 2017

 

3,000 Bbls

 

NYMEX WTI

 

$50.00 floor / $55.00 ceiling

January - December 2017

 

3,000 Bbls

 

NYMEX WTI

 

$52.00 floor / $58.00 ceiling

January - December 2017

 

3,000 Bbls

 

NYMEX WTI

 

$53.00 floor / $57.75 ceiling

April - December 2017

 

2,000 Bbls

 

NYMEX WTI

 

$50.00 floor / $57.50 ceiling

July - December 2017

 

5,000 Bbls

 

NYMEX WTI

 

$45.00 floor / $56.25 ceiling

Oil fixed price swaps

 

 

 

 

 

 

January - December 2017

 

3,000 Bbls

 

NYMEX WTI

 

$53.89

April - June 2017

 

5,000 Bbls

 

NYMEX WTI

 

$53.50

April - December 2017

 

2,000 Bbls

 

NYMEX WTI

 

$54.20

Derivative contracts in place as of September 30, 2016

 

 

 

Production volume

 

 

 

 

Contract period

 

covered per month

 

Index

 

Contract price

Natural gas costless collars

 

 

 

 

 

 

April - October 2016

 

200,000 Mmbtu

 

NYMEX Henry Hub

 

$1.95 floor / $2.40 ceiling

October - December 2016

 

70,000 Mmbtu

 

NYMEX Henry Hub

 

$2.75 floor / $3.05 ceiling

October - December 2016

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.90 floor / $3.40 ceiling

November 2016 - March 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.25 floor / $3.65 ceiling

November 2016 - March 2017

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.25 floor / $3.95 ceiling

November 2016 - March 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.60 floor / $3.25 ceiling

January - June 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.85 floor / $3.35 ceiling

January - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.80 floor / $3.47 ceiling

January - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.00 floor / $3.35 ceiling

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.80 floor / $3.35 ceiling

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$2.75 floor / $3.35 ceiling

Natural gas fixed price swaps

 

 

 

 

 

 

October 2016

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$2.410

October 2016 - March 2017

 

25,000 Mmbtu

 

NYMEX Henry Hub

 

$3.200

November 2016 - April 2017

 

80,000 Mmbtu

 

NYMEX Henry Hub

 

$2.955

January - December 2017

 

25,000 Mmbtu

 

NYMEX Henry Hub

 

$3.100

April - December 2017

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.070

Oil costless collars

 

 

 

 

 

 

July - December 2016

 

3,000 Bbls

 

NYMEX WTI

 

$35.00 floor / $49.00 ceiling

October - December 2016

 

3,000 Bbls

 

NYMEX WTI

 

$40.00 floor / $47.25 ceiling

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$40.00 floor / $58.50 ceiling

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$45.00 floor / $54.00 ceiling

October 2016 - March 2017

 

3,000 Bbls

 

NYMEX WTI

 

$45.00 floor / $55.50 ceiling

 

Summary Of Derivative Contracts

 

 

 

December 31, 2016

 

 

September 30, 2016

 

 

 

Fair Value (a)

 

 

Fair Value (a)

 

 

 

Commodity Contracts

 

 

Commodity Contracts

 

 

 

Current Liabilities

 

 

Non-Current Liabilities

 

 

Current Assets

 

 

Current Liabilities

 

 

Non-Current Assets

 

 

Non-Current Liabilities

 

Gross amounts recognized

 

$

2,933,947

 

 

$

10,587

 

 

$

68,235

 

 

$

471,847

 

 

$

4,759

 

 

$

29,418

 

Offsetting adjustments

 

 

-

 

 

 

-

 

 

 

(68,235

)

 

 

(68,235

)

 

 

(4,759

)

 

 

(4,759

)

Net presentation on Condensed Balance Sheets

 

$

2,933,947

 

 

$

10,587

 

 

$

-

 

 

$

403,612

 

 

$

-

 

 

$

24,659

 

 

(a) See Fair Value Measurements section for further disclosures regarding fair value of financial instruments.