SUPPLEMENTARY OIL AND NATURAL GAS INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Sep. 30, 2015

Oil and Gas Exploration and Production Industries Disclosures [Abstract]

Summary of changes in the estimates of net interests in total proved developed reserves of oil and natural gas liquids and natural gas

	OIL & NGL (Bbls)		GAS (Mcf)		Total (Boe)
Proved reserves:
Balance at September 30, 2013	923,000		10,245,000		2,689,000
Revisions of previous estimates	189,000		1,798,000		499,000
Extensions, discoveries and other additions	34,000		189,000		67,000
Less sales of reserves	(238,000	)	(840,000	)	(383,000	)
Less production	(184,000	)	(1,927,000	)	(516,000	)
Balance at September 30, 2014	724,000		9,465,000		2,356,000
Revisions of previous estimates	79,000		(520,000	)	(11,000	)
Extensions, discoveries and other additions	—		3,000		1,000
Acquisitions of reserves	46,000		543,000		140,000
Less sales of reserves	(237,000	)	(4,679,000	)	(1,044,000	)
Less production	(143,000	)	(1,688,000	)	(434,000	)
Balance at September 30, 2015	469,000		3,124,000		1,008,000

Schedule of capitalized costs relating to oil and natural gas producing activities

All capitalized costs relating to oil and natural gas producing activities, which were being depleted in all years, are summarized as follows:

	September 30,
	2015		2014
Proved properties	$	62,960,000	$	209,201,000
Unproved properties	145,000		501,000
Total capitalized costs	63,105,000		209,702,000
Accumulated depletion and depreciation	57,460,000		191,478,000
Net capitalized costs	$	5,645,000	$	18,224,000

Schedule of costs incurred in oil and natural gas property acquisition, exploration and development

	Year ended September 30,
	2015		2014
Acquisition of properties:
Unproved	$	28,000	$	42,000
Proved	804,000		—
Exploration costs	—		884,000
Development costs	2,680,000		3,898,000
Total	$	3,512,000	$	4,824,000

Schedule of results of operations for oil and natural gas producing activities

	Year ended September 30,
	2015			2014
Net revenues	$	9,008,000		$	20,298,000
Production costs	(6,387,000		)	(8,914,000		)
Depletion	(2,987,000		)	(5,968,000		)
Pre-tax results of operations (1)	(366,000		)	5,416,000
Estimated income tax expense (2)	(921,000		)	(1,557,000		)
Results of operations (1)	$	(1,287,000	)	$	3,859,000

_________________

(1)   Before gain on sale of oil and natural gas properties, general and administrative expenses, interest expense, and foreign exchange gains and losses.

(2) Estimated income tax expense for fiscal 2015 includes a charge to deferred income taxes for the valuation allowance necessary for the portion of Canadian tax law deferred tax assets that may not be realizable.

Schedule of standardized measure of discounted future net cash flows

	September 30,
	2015			2014
Future cash inflows	$	27,749,000		$	82,912,000
Future production costs	(18,468,000		)	(40,156,000		)
Future development costs	(935,000		)	(1,966,000		)
Future income tax expenses	(2,361,000		)	(9,671,000		)
Future net cash flows	5,985,000			31,119,000
10% annual discount for timing of cash flows	(1,950,000		)	(6,972,000		)
Standardized measure of discounted future net cash flows	$	4,035,000		$	24,147,000

Schedule of changes in standardized measure of discounted future net cash flows

	Year ended September 30,
	2015			2014
Beginning of year	$	24,147,000		$	31,934,000
Sales of oil and natural gas produced, net of production costs	(2,621,000		)	(11,384,000		)
Net changes in prices and production costs, net of royalties and wellhead taxes	(8,042,000		)	8,670,000
Extensions and discoveries	1,000			2,199,000
Net change due to purchases and sales of minerals in place	(9,103,000		)	(8,408,000		)
Revisions of previous quantity estimates	634,000			4,862,000
Net change in income taxes	1,658,000			(4,148,000		)
Accretion of discount	2,021,000			2,931,000
Other - changes in the timing of future production and other	(1,009,000		)	(237,000		)
Other - net change in Canadian dollar translation rate	(3,651,000		)	(2,272,000		)
Net change	(20,112,000		)	(7,787,000		)
End of year	$	4,035,000		$	24,147,000