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Condensed Statements Of Operations - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Revenues $ 9,782,337   $ 31,214,375  
Gains (losses) on derivative contracts 2,313,195 $ (2,129,041) 5,026,123 $ (3,966,869)
Gain on asset sales 4,017,787   13,114,725  
Revenues 16,342,394 9,557,937 50,307,601 33,469,721
Costs and expenses:        
Lease operating expenses 3,148,960 3,233,172 9,241,708 10,077,449
Production taxes 488,779 485,157 1,565,038 1,471,970
Depreciation, depletion and amortization 4,383,043 4,619,509 11,820,705 14,136,411
Interest expense 526,677 420,896 1,551,831 1,288,426
General and administrative 1,809,439 1,593,251 5,881,432 5,247,584
Loss on asset sales and other expense (income) 66,260 190,045 82,045 110,859
Total costs and expenses 10,423,158 10,542,030 30,142,759 32,332,699
Income (loss) before provision (benefit) for income taxes 5,919,236 (984,093) 20,164,842 1,137,022
Provision (benefit) for income taxes 1,315,000 (209,000) 4,756,000 (12,943,000)
Net income (loss) $ 4,604,236 $ (775,093) $ 15,408,842 $ 14,080,022
Basic and diluted earnings (loss) per common share $ 0.28 $ (0.05) $ 0.92 $ 0.83
Basic and diluted weighted average shares outstanding:        
Common shares 16,515,498 16,775,981 16,646,828 16,742,044
Unissued, directors' deferred compensation shares 170,066 206,202 183,206 205,867
Basic and diluted weighted average shares outstanding 16,685,564 16,982,183 16,830,034 16,947,911
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 $ 9,782,337 $ 11,202,680 $ 31,214,375 $ 36,356,135
Lease Bonuses and Rental Income [Member]        
Revenues:        
Revenues $ 229,075 $ 484,298 $ 952,378 $ 1,080,455