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Supplementary Information On Natural Gas, Oil And NGL Reserves (Tables)
12 Months Ended
Sep. 30, 2021
Extractive Industries [Abstract]  
Summary Of Capitalized Costs Of Natural Gas and Oil Properties And Related Depreciation, Depletion And Amortization

 

 

 

2021

 

 

2020

 

Producing properties

 

$

319,984,874

 

 

$

324,886,491

 

Non-producing minerals

 

 

38,328,699

 

 

 

18,808,689

 

Non-producing leasehold

 

 

2,137,399

 

 

 

185,125

 

 

 

 

360,450,972

 

 

 

343,880,305

 

Accumulated depreciation, depletion and amortization

 

 

(257,250,452

)

 

 

(263,277,422

)

Net capitalized costs

 

$

103,200,520

 

 

$

80,602,883

 

Summary Of Costs Incurred In Natural Gas and Oil Producing Activities

 

 

 

2021

 

 

2020

 

 

2019

 

Property acquisition costs

 

$

30,963,579

 

 

$

10,453,119

 

 

$

6,235,905

 

Development costs

 

 

518,058

 

 

 

273,825

 

 

 

3,012,095

 

 

 

$

31,481,637

 

 

$

10,726,944

 

 

$

9,248,000

 

Summary Of Net Quantities Of Proved, Developed And Undeveloped Natural Gas, Oil And NGL Reserves

 

 

 

Proved Reserves

 

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

Total

 

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

 

Bcfe

 

September 30, 2018

 

 

120,062,036

 

 

 

5,984,422

 

 

 

2,934,190

 

 

 

173.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

(35,644,135

)

 

 

(3,266,351

)

 

 

(890,046

)

 

 

(60.6

)

Acquisitions (divestitures)

 

 

(948,496

)

 

 

(322,023

)

 

 

(18,881

)

 

 

(3.0

)

Extensions, discoveries and other additions

 

 

3,891,262

 

 

 

313,241

 

 

 

164,276

 

 

 

6.8

 

Production

 

 

(7,086,761

)

 

 

(329,199

)

 

 

(216,259

)

 

 

(10.4

)

September 30, 2019

 

 

80,273,906

 

 

 

2,380,090

 

 

 

1,973,280

 

 

 

106.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

(34,666,426

)

 

 

(1,094,923

)

 

 

(774,214

)

 

 

(45.9

)

Acquisitions (divestitures)

 

 

911,853

 

 

 

57,721

 

 

 

70,933

 

 

 

1.7

 

Extensions, discoveries and other additions

 

 

1,816,144

 

 

 

260,555

 

 

 

118,480

 

 

 

4.1

 

Production

 

 

(5,962,704

)

 

 

(269,786

)

 

 

(168,622

)

 

 

(8.6

)

September 30, 2020

 

 

42,372,773

 

 

 

1,333,657

 

 

 

1,219,857

 

 

 

57.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revisions of previous estimates

 

 

21,930,522

 

 

 

287,961

 

 

 

389,825

 

 

 

26.0

 

Acquisitions (divestitures)

 

 

6,994,423

 

 

 

79,576

 

 

 

36,911

 

 

 

7.7

 

Extensions, discoveries and other additions

 

 

354,670

 

 

 

28,125

 

 

 

26,748

 

 

 

0.7

 

Production

 

 

(6,699,720

)

 

 

(224,479

)

 

 

(171,488

)

 

 

(9.1

)

September 30, 2021

 

 

64,952,668

 

 

 

1,504,840

 

 

 

1,501,853

 

 

 

83.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary Of Proved Developed And Undeveloped Reserves

 

 

 

Proved Developed Reserves

 

 

Proved Undeveloped Reserves

 

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

Natural Gas

 

 

Oil

 

 

NGL

 

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

 

(Mcf)

 

 

(Barrels)

 

 

(Barrels)

 

September 30, 2019

 

 

67,713,193

 

 

 

1,863,096

 

 

 

1,747,242

 

 

 

12,560,713

 

 

 

516,994

 

 

 

226,038

 

September 30, 2020

 

 

40,924,083

 

 

 

1,148,989

 

 

 

1,135,864

 

 

 

1,448,690

 

 

 

184,668

 

 

 

83,993

 

September 30, 2021

 

 

60,287,881

 

 

 

1,439,860

 

 

 

1,467,092

 

 

 

4,664,787

 

 

 

64,980

 

 

 

34,761

 

Summary Of Proved Undeveloped Reserves

 

Beginning proved undeveloped reserves

 

 

3,060,656

 

Proved undeveloped reserves transferred to proved developed

 

 

(2,060,368

)

Revisions

 

 

(629,317

)

Extensions and discoveries

 

 

246,993

 

Sales

 

 

-

 

Purchases

 

 

4,645,269

 

Ending proved undeveloped reserves

 

 

5,263,233

 

Summary Of Standardized Measure Of Discounted Future Net Cash Flows

 

 

 

2021

 

 

2020

 

 

2019

 

Future cash inflows

 

$

297,138,886

 

 

$

134,179,216

 

 

$

366,697,321

 

Future production costs

 

 

(115,681,617

)

 

 

(66,136,222

)

 

 

(153,935,373

)

Future development and asset retirement costs

 

 

(1,873,126

)

 

 

(1,957,225

)

 

 

(1,917,937

)

Future income tax expense

 

 

(40,697,140

)

 

 

(13,224,535

)

 

 

(47,788,416

)

Future net cash flows

 

 

138,887,003

 

 

 

52,861,234

 

 

 

163,055,595

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10% annual discount

 

 

(64,096,661

)

 

 

(21,727,081

)

 

 

(77,494,066

)

Standardized measure of discounted future net

   cash flows

 

$

74,790,342

 

 

$

31,134,153

 

 

$

85,561,529

 

Summary Of Changes In Standardized Measure Of Discounted Future Net Cash Flows

 

 

 

2021

 

 

2020

 

 

2019

 

Beginning of year

 

$

31,134,153

 

 

$

85,561,529

 

 

$

156,325,854

 

Changes resulting from:

 

 

 

 

 

 

 

 

 

 

 

 

Sales of natural gas, oil and NGL, net of

   production costs

 

 

(25,812,485

)

 

 

(12,692,681

)

 

 

(25,072,122

)

Net change in sales prices and production costs

 

 

43,951,090

 

 

 

(46,499,344

)

 

 

(76,588,460

)

Net change in future development and asset

   retirement costs

 

 

49,542

 

 

 

(20,571

)

 

 

43,607,535

 

Extensions and discoveries

 

 

803,714

 

 

 

2,841,807

 

 

 

7,074,245

 

Revisions of quantity estimates

 

 

33,482,964

 

 

 

(28,332,653

)

 

 

(60,308,497

)

Acquisitions (divestitures) of reserves-in-place

 

 

9,041,028

 

 

 

1,169,819

 

 

 

(3,134,783

)

Accretion of discount

 

 

3,893,028

 

 

 

11,039,792

 

 

 

20,457,930

 

Net change in income taxes

 

 

(13,937,867

)

 

 

17,037,980

 

 

 

23,413,194

 

Change in timing and other, net

 

 

(7,814,825

)

 

 

1,028,475

 

 

 

(213,367

)

Net change

 

 

43,656,189

 

 

 

(54,427,376

)

 

 

(70,764,325

)

End of year

 

$

74,790,342

 

 

$

31,134,153

 

 

$

85,561,529