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Condensed Statements Of Cash Flows - USD ($)
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating Activities    
Net income (loss) $ 14,855,115 $ 1,232,041
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 9,516,902 8,939,918
Impairment 0 10,788
Provision for deferred income taxes (12,771,000) (76,000)
Gain from leasing fee mineral acreage (595,946) (3,171,490)
Proceeds from leasing fee mineral acreage 610,552 3,191,075
Net (gain) loss on sales of assets 466,128 87,161
Directors' deferred compensation expense 170,826 176,368
Fair value of derivative contracts 2,486,518 (384,566)
Restricted stock awards 347,838 317,633
Other (1,337) (835)
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables 1,110,368 136,669
Other current assets (87,495) 81,325
Accounts payable (73,066) (203,053)
Income taxes receivable (302,370) (792,488)
Other non-current assets (66,364)  
Accrued liabilities (306,687) (195,981)
Total adjustments 504,867 8,116,524
Net cash provided by operating activities 15,359,982 9,348,565
Investing Activities    
Capital expenditures (6,544,481) (7,721,254)
Investments in partnerships 7,493 (17,220)
Proceeds from sales of assets 1,129,705 718,700
Net cash provided (used) by investing activities (5,407,283) (7,019,774)
Financing Activities    
Borrowings under debt agreement 10,596,451 7,038,699
Payments of loan principal (19,318,671) (7,538,699)
Purchases of treasury stock (272,100) (407,677)
Payments of dividends (1,347,608) (1,340,656)
Net cash provided (used) by financing activities (10,341,928) (2,248,333)
Increase (decrease) in cash and cash equivalents (389,229) 80,458
Cash and cash equivalents at beginning of period 557,791 471,213
Cash and cash equivalents at end of period 168,562 551,671
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 13,871 32,236
Gross additions to properties and equipment 5,556,196 10,867,308
Net (increase) decrease in accounts payable for properties and equipment additions 988,285 (3,146,054)
Capital expenditures and acquisitions $ 6,544,481 $ 7,721,254