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

12 Months Ended

Sep. 30, 2017

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, 2015	469,000		3,124,000		1,008,000
Revisions of previous estimates	(23,000	)	(1,320,000	)	(251,000	)
Extensions, discoveries and other additions	54,000		95,000		70,000
Acquisitions of reserves	34,000		18,000		37,000
Less production	(84,000	)	(476,000	)	(166,000	)
Balance at September 30, 2016	450,000		1,441,000		698,000
Revisions of previous estimates	85,000		2,103,000		447,000
Acquisitions of reserves	31,000		39,000		38,000
Less sales of reserves	(67,000	)	(200,000	)	(101,000	)
Less production	(86,000	)	(378,000	)	(151,000	)
Balance at September 30, 2017	413,000		3,005,000		931,000

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,
	2017		2016
Proved properties	$	68,522,000	$	66,044,000
Unproved properties	186,000		221,000
Total capitalized costs	68,708,000		66,265,000
Accumulated depletion and depreciation	64,915,000		61,060,000
Net capitalized costs	$	3,793,000	$	5,205,000

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

	Year ended September 30,
	2017		2016
Acquisition of properties:
Unproved	$	70,000	$	161,000
Proved	381,000		608,000
Development costs	586,000		1,103,000
Total	$	1,037,000	$	1,872,000

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

	Year ended September 30,
	2017			2016
Net revenues	$	4,383,000		$	3,177,000
Production costs	(3,028,000		)	(3,142,000		)
Depletion	(848,000		)	(1,236,000		)
Impairment of assets	—			(1,154,000		)
Pre-tax results of operations (1)	507,000			(2,355,000		)
Estimated income tax benefit (2)	282,000			297,000
Results of operations (1)	$	789,000		$	(2,058,000	)

_________________

(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 benefit includes changes to the deferred income tax 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,
	2017			2016
Future cash inflows	$	24,786,000		$	17,259,000
Future production costs	(15,140,000		)	(11,951,000		)
Future development costs	(1,172,000		)	(426,000		)
Future income tax expenses	(2,401,000		)	(1,016,000		)
Future net cash flows	6,073,000			3,866,000
10% annual discount for timing of cash flows	(1,756,000		)	(956,000		)
Standardized measure of discounted future net cash flows	$	4,317,000		$	2,910,000

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

	Year ended September 30,
	2017			2016
Beginning of year	$	2,910,000		$	4,035,000
Sales of oil and natural gas produced, net of production costs	(1,355,000		)	(35,000		)
Net changes in prices and production costs, net of royalties and wellhead taxes	3,033,000			(4,134,000		)
Extensions and discoveries	—			1,285,000
Net change due to purchases and sales of minerals in place	(305,000		)	470,000
Revisions of previous quantity estimates	511,000			(343,000		)
Net change in income taxes	(1,247,000		)	98,000
Accretion of discount	305,000			412,000
Other - changes in the timing of future production and other	400,000			1,018,000
Other - net change in Canadian dollar translation rate	65,000			104,000
Net change	1,407,000			(1,125,000		)
End of year	$	4,317,000		$	2,910,000