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Condensed Statements Of Operations - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Revenues $ 9,557,937 $ 12,437,186 $ 33,469,721 $ 33,438,117
Lease bonuses and rentals 484,298 819,591 1,080,455 3,991,752
Gains (losses) on derivative contracts (2,129,041) 1,619,697 (3,966,869) 1,658,347
Costs and expenses:        
Lease operating expenses 3,233,172 3,391,079 10,077,449 9,545,990
Production taxes 485,157 390,387 1,471,970 1,129,785
Depreciation, depletion and amortization 4,619,509 4,714,350 14,136,411 13,654,268
Provision for impairment 0 0 0 10,788
Loss (gain) on asset sales and other 190,045 11,447 110,859 98,445
Interest expense 420,896 306,161 1,288,426 884,928
General and administrative 1,593,251 1,796,004 5,247,584 5,358,114
Total costs and expenses 10,542,030 10,609,428 32,332,699 30,682,318
Income (loss) before provision (benefit) for income taxes (984,093) 1,827,758 1,137,022 2,755,799
Provision (benefit) for income taxes (209,000) 567,000 (12,943,000) 263,000
Net income (loss) $ (775,093) $ 1,260,758 $ 14,080,022 $ 2,492,799
Basic and diluted earnings (loss) per common share $ (0.05) $ 0.07 $ 0.83 $ 0.15
Basic and diluted weighted average shares outstanding:        
Common shares 16,775,981 16,668,814 16,742,044 16,639,090
Unissued, directors' deferred compensation shares 206,202 254,891 205,867 277,294
Basic and diluted weighted average shares outstanding 16,982,183 16,923,705 16,947,911 16,916,384
Dividends declared per share of common stock and paid in period $ 0.04 $ 0.04 $ 0.12 $ 0.12
Oil, NGL and Natural Gas [Member]        
Revenues:        
Revenues $ 11,202,680 $ 9,997,898 $ 36,356,135 $ 27,788,018