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Condensed Statements Of Cash Flows - USD ($)
9 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income (loss) $ 14,080,022 $ 2,492,799
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 14,136,411 13,654,268
Impairment 0 10,788
Provision for deferred income taxes (12,947,000) 149,000
Gain from leasing fee mineral acreage (1,079,803) (3,999,632)
Proceeds from leasing fee mineral acreage 1,102,818 4,026,283
Net (gain) loss on sales of assets 660,597 87,161
Directors' deferred compensation expense 233,573 266,182
Fair value of derivative contracts 3,819,639 (1,879,668)
Restricted stock awards 501,626 454,854
Other 5,113 2,897
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables 1,095,996 (564,767)
Other current assets 77,124 196,362
Accounts payable (125,261) (127,375)
Income taxes receivable 279,975 (488,112)
Other non-current assets (52,644)  
Accrued liabilities (130,284) 40,197
Total adjustments 7,577,880 11,828,438
Net cash provided by operating activities 21,657,902 14,321,237
Investing Activities    
Capital expenditures (7,743,097) (18,011,721)
Acquisition of minerals and overrides (966,279)  
Investments in partnerships 3,379 (18,531)
Proceeds from sales of assets 1,085,137 718,700
Net cash provided (used) by investing activities (7,620,860) (17,311,552)
Financing Activities    
Borrowings under debt agreement 13,529,879 16,702,602
Payments of loan principal (25,352,099) (11,202,602)
Purchases of treasury stock (272,100) (407,677)
Payments of dividends (2,023,500) (2,012,329)
Net cash provided (used) by financing activities (14,117,820) 3,079,994
Increase (decrease) in cash and cash equivalents (80,778) 89,679
Cash and cash equivalents at beginning of period 557,791 471,213
Cash and cash equivalents at end of period 477,013 560,892
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 15,452 60,276
Gross additions to properties and equipment 8,150,830 19,579,304
Net (increase) decrease in accounts payable for properties and equipment additions 558,546 (1,567,583)
Capital expenditures and acquisitions $ 8,709,376 $ 18,011,721