Subsequent Events	12 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	13. SUBSEQUENT EVENTS (AUDITED) On November 30, 2018, the Company closed on a mineral acreage sale of 206 net mineral acres in Lea and Eddy Counties, New Mexico. The sale price was $9.3 million or approximately $45,000 per acre. The proceeds will initially be used to reduce the Company’s bank debt. This sale represents 0.08% of the Company’s total net mineral acreage position, 0.7% of total production and 0.9% of total revenues for fiscal year 2018. This sale also includes 1.2% of our total proved reserves as of September 30, 2018. These minerals had no net book value at September 30, 2018, and the total value received less any post-closing adjustments will be a gain on the sale of assets in the Company’s first quarter of 2019.

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774

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