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Condensed Statements Of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income (loss) $ 1,232,041 $ (10,237,279)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 8,939,918 13,003,535
Impairment 10,788 11,849,064
Provision for deferred income taxes (76,000) (7,405,000)
Gain from leasing fee mineral acreage (3,171,490) (2,906,480)
Proceeds from leasing fee mineral acreage 3,191,075 3,193,775
Net (gain) loss on sales of assets 87,161 (271,080)
Directors' deferred compensation expense 176,368 168,402
Restricted stock awards 317,633 508,095
Other (835) 70,289
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables 136,669 3,644,841
Fair value of derivative contracts (384,566) 3,880,013
Refundable production taxes   21,983
Other current assets 81,325 (79,829)
Accounts payable (203,053) (510,114)
Income taxes receivable (792,488) (775,806)
Accrued liabilities (195,981) (393,984)
Total adjustments 8,116,524 23,997,704
Net cash provided by operating activities 9,348,565 13,760,425
Investing Activities    
Capital expenditures, including dry hole costs (7,721,254) (2,554,543)
Investments in partnerships (17,220) 48,462
Proceeds from sales of assets 718,700 627,547
Net cash provided (used) by investing activities (7,019,774) (1,878,534)
Financing Activities    
Borrowings under debt agreement 7,038,699 6,078,919
Payments of loan principal (7,538,699) (16,578,919)
Purchases of treasury stock (407,677) (117,165)
Payments of dividends (1,340,656) (1,338,011)
Excess tax benefit on stock-based compensation   (44,000)
Net cash provided (used) by financing activities (2,248,333) (11,999,176)
Increase (decrease) in cash and cash equivalents 80,458 (117,285)
Cash and cash equivalents at beginning of period 471,213 603,915
Cash and cash equivalents at end of period 551,671 486,630
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 32,236 7,160
Gross additions to properties and equipment 10,867,308 2,483,225
Net (increase) decrease in accounts payable for properties and equipment additions (3,146,054) 71,318
Capital expenditures and acquisitions, including dry hole costs $ 7,721,254 $ 2,554,543