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Condensed Statements Of Operations - USD ($)
3 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenues:    
Revenues $ 12,210,719  
Gains (losses) on derivative contracts 4,506,780 $ (493,852)
Gain on asset sales 9,096,938  
Revenues 26,328,994 12,490,526
Costs and expenses:    
Lease operating expenses 3,104,570 3,626,709
Production taxes 608,951 488,990
Depreciation, depletion and amortization 3,813,686 5,275,824
Interest expense 539,370 431,579
General and administrative 1,938,840 1,888,143
Loss on asset sales and other expense (income) 16,637 (295,658)
Total costs and expenses 10,022,054 11,415,587
Income (loss) before provision (benefit) for income taxes 16,306,940 1,074,939
Provision (benefit) for income taxes 3,571,000 (12,710,000)
Net income (loss) $ 12,735,940 $ 13,784,939
Basic and diluted earnings (loss) per common share $ 0.75 $ 0.81
Basic and diluted weighted average shares outstanding:    
Common shares 16,745,076 16,685,032
Unissued, directors' deferred compensation shares 213,932 263,255
Basic and diluted weighted average shares outstanding 16,959,008 16,948,287
Dividends declared per share of common stock and paid in period $ 0.04 $ 0.04
Dividends declared per share of common stock and to be paid in quarter ended March 31 $ 0.04 $ 0.04
Oil, NGL and Natural Gas [Member]    
Revenues:    
Revenues $ 12,210,719 $ 12,887,419
Lease Bonuses and Rental Income [Member]    
Revenues:    
Revenues $ 514,557 $ 96,959