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Condensed Statements Of Cash Flows - USD ($)
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income (loss) $ 15,408,842 $ 14,080,022
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 11,820,705 14,136,411
Provision for deferred income taxes 5,150,000 (12,947,000)
Gain from leasing fee mineral acreage (951,832) (1,079,803)
Proceeds from leasing fee mineral acreage 967,337 1,102,818
Net (gain) loss on sales of assets (13,114,725) 660,597
Directors' deferred compensation expense 197,820 233,573
Fair value of derivative contracts (6,125,525) 3,819,639
Restricted stock awards 606,232 501,626
Other 15,848 5,113
Cash provided (used) by changes in assets and liabilities:    
Oil, NGL and natural gas sales receivables 1,597,667 1,095,996
Other current assets (859,258) 77,124
Accounts payable 3,270 (125,261)
Income taxes receivable (476,846) 279,975
Other non-current assets 6,949 (52,644)
Accrued liabilities 86,467 (130,284)
Total adjustments (1,075,891) 7,577,880
Net cash provided by operating activities 14,332,951 21,657,902
Investing Activities    
Capital expenditures (3,349,640) (7,743,097)
Acquisition of minerals and overrides (5,120,466) (966,279)
Investments in partnerships (1,648) 3,379
Proceeds from sales of assets 13,114,969 1,085,137
Net cash provided (used) by investing activities 4,643,215 (7,620,860)
Financing Activities    
Borrowings under debt agreement 15,053,345 13,529,879
Payments of loan principal (24,553,345) (25,352,099)
Purchases of treasury stock (6,465,186) (272,100)
Payments of dividends (2,013,005) (2,023,500)
Net cash provided (used) by financing activities (17,978,191) (14,117,820)
Increase (decrease) in cash and cash equivalents 997,975 (80,778)
Cash and cash equivalents at beginning of period 532,502 557,791
Cash and cash equivalents at end of period 1,530,477 477,013
Supplemental Schedule of Noncash Investing and Financing Activities:    
Additions to asset retirement obligations 27,782 15,452
Gross additions to properties and equipment 8,149,347 8,150,830
Net (increase) decrease in accounts payable for properties and equipment additions 320,759 558,546
Capital expenditures and acquisitions $ 8,470,106 $ 8,709,376