Subsequent Events

6 Months Ended

Mar. 31, 2020

Subsequent Events [Abstract]

Subsequent Events

NOTE 12: Subsequent Events

Derivative Contracts

Subsequent to March 31, 2020, the Company entered into new derivative contracts as summarized in the table below:

	Production volume
Contract period	covered per month	Index	Contract price
Natural gas costless collars
November 2020 - December 2021	50,000 Mmbtu	NYMEX Henry Hub	$2.30 floor / $2.90 ceiling
November 2020 - December 2021	40,000 Mmbtu	NYMEX Henry Hub	$2.30 floor / $3.10 ceiling
Natural gas fixed price swaps
January 2021 - February 2022	50,000 Mmbtu	NYMEX Henry Hub	$2.729
Oil fixed price swaps
January - December 2021	8,000 Bbls	NYMEX WTI	$37.00