XML 24 R18.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Information On Oil And Natural Gas Producing Activities
12 Months Ended
Sep. 30, 2019
Oil And Gas Exploration And Production Industries Disclosures [Abstract]  
Information On Oil And Natural Gas Producing Activities

11. INFORMATION ON OIL AND NATURAL GAS PRODUCING ACTIVITIES

The oil and natural gas producing activities of the Company are conducted within the contiguous United States (principally in Oklahoma, Texas, Arkansas and North Dakota) and represent substantially all of the business activities of the Company.

The following table shows sales, by percentage, through various operators/purchasers during 2019, 2018 and 2017.

 

 

 

2019

 

 

2018

 

 

2017

 

Company A

 

 

23

%

 

 

24

%

 

 

18

%

Company B

 

 

8

%

 

 

16

%

 

 

3

%

Company C

 

 

8

%

 

 

11

%

 

 

8

%

Company D

 

 

5

%

 

 

7

%

 

 

13

%

 

The loss of any of these major purchasers of oil, NGL and natural gas production could have a material adverse effect on the ability of the Company to produce and sell its oil, NGL and natural gas production.