Properties And Equipment (Tables)

9 Months Ended

Jun. 30, 2020

Property Plant And Equipment [Abstract]

Summary of Properties and Equipment and Related Accumulated DD&A

Properties and equipment and related accumulated DD&A as of June 30, 2020, and September 31, 2019, are as follows:

	June 30, 2020			September 30, 2019
Properties and equipment at cost, based on successful efforts accounting:
Producing oil and natural gas properties		324,913,067			354,718,398
Non-producing oil and natural gas properties		19,081,485			14,599,023
Other property and equipment		777,104			717,121
		344,771,656			370,034,542
Less accumulated depreciation, depletion and amortization		(261,733,655	)		(258,607,521	)
Net properties and equipment		83,038,001			111,427,021

Schedule of Asset Retirement Obligation

Asset Retirement Obligation

	June 30, 2020			June 30, 2019
Asset retirement obligations as of beginning of the year	$	2,835,781		$	2,809,378
Wells acquired or drilled		4			27,782
Wells sold or plugged		(61,985	)		(9,669	)
Accretion of discount		97,803			99,996
Asset retirement obligations as of end of period	$	2,871,603		$	2,927,487