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Subsequent Events
9 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events

NOTE 12: Subsequent Events

Derivatives

Subsequent to June 30, 2022, the Company entered into new derivative contracts as summarized in the table below:

 

 

Contract

 

 

 

 

 

 

Contract period

 

total volume

 

Index

 

Contract price

 

Oil fixed price swaps

 

 

 

 

 

 

 

 

April 2023 - December 2023

 

9,000 Bbls

 

NYMEX WTI

 

$

80.74

 

 

 

Acquisitions

Subsequent to June 30, 2022, the Company closed additional acquisitions of 544 net royalty acres located in the SCOOP play of Oklahoma and the Haynesville play of Louisiana for approximately $8.2 million.

Divestitures

Subsequent to June 30, 2022, the Company entered into a purchase and sale agreement to divest the remainder of its non-operated working interest position in the Fayetteville Shale of Arkansas for approximately $6 million subject to customary closing adjustments.