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

12 Months Ended

Sep. 30, 2023

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)
	Canada	United States	Total
Proved reserves:
Balance at September 30, 2021	640,000	—	640,000
Revisions of previous estimates	154,000	—	154,000
Extensions, discoveries and other additions	285,000	132,000	417,000
Acquisitions of reserves	99,000	—	99,000
Less production	(188,000)	(42,000)	(230,000)
Balance at September 30, 2022	990,000	90,000	1,080,000
Revisions of previous estimates	(42,000)	48,000	6,000
Extensions, discoveries and other additions	199,000	197,000	396,000
Less production	(210,000)	(46,000)	(256,000)
Proved Reserves, September 30, 2023	937,000	289,000	1,226,000
Proved Developed Reserves, September 30, 2023	827,000	289,000	1,116,000
Proved Undeveloped Reserves, September 30, 2023	110,000	—	110,000

	Natural Gas (Mcf)
	Canada	United States	Total
Proved reserves:
Balance at September 30, 2021	2,913,000	—	2,913,000
Revisions of previous estimates	968,000	—	968,000
Extensions, discoveries and other additions	1,200,000	658,000	1,858,000
Acquisitions of reserves	223,000	—	223,000
Less sales of reserves	(13,000)	—	(13,000)
Less production	(772,000)	(192,000)	(964,000)
Balance at September 30, 2022	4,519,000	466,000	4,985,000
Revisions of previous estimates	435,000	387,000	822,000
Extensions, discoveries and other additions	1,079,000	1,078,000	2,157,000
Less production	(1,023,000)	(240,000)	(1,263,000)
Proved Reserves, September 30, 2023	5,010,000	1,691,000	6,701,000
Proved Developed Reserves, September 30, 2023	4,402,000	1,691,000	6,093,000
Proved Undeveloped Reserves, September 30, 2023	608,000	—	608,000

	Total Equivalent Reserves (Boe)
	Canada	United States	Total
Proved reserves:
Balance at September 30, 2021	1,142,000	—	1,142,000
Revisions of previous estimates	321,000	—	321,000
Extensions, discoveries and other additions	492,000	245,000	737,000
Acquisitions of reserves	137,000	—	137,000
Less sales of reserves	(2,000)	—	(2,000)
Less production	(321,000)	(75,000)	(396,000)
Balance at September 30, 2022	1,769,000	170,000	1,939,000
Revisions of previous estimates	5,000	110,000	115,000
Extensions, discoveries and other additions	379,000	377,000	756,000
Less production	(381,000)	(86,000)	(467,000)
Proved Reserves, September 30, 2023	1,772,000	571,000	2,343,000
Proved Developed Reserves, September 30, 2023	1,561,000	571,000	2,132,000
Proved Undeveloped Reserves, September 30, 2023	211,000	—	211,000

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

All capitalized costs relating to oil and natural gas producing activities in Canada and the U.S. are summarized as follows:

	September 30, 2023
	Canada		United States		Total
Proved properties	$	74,440,000	$	6,411,000	$	80,851,000
Unproved properties	—		—		—
Total capitalized costs	74,440,000		6,411,000		80,851,000
Accumulated depletion, depreciation, and impairment	58,477,000		1,072,000		59,549,000
Net capitalized costs	$	15,963,000	$	5,339,000	$	21,302,000

	September 30, 2022
	Canada		United States		Total
Proved properties	$	66,825,000	$	1,058,000	$	67,883,000
Unproved properties	—		—		—
Total capitalized costs	66,825,000		1,058,000		67,883,000
Accumulated depletion, depreciation, and impairment	54,248,000		403,000		54,651,000
Net capitalized costs	$	12,577,000	$	655,000	$	13,232,000

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

	Year ended September 30, 2023
	Canada		United States		Total
Acquisition of properties:
Proved	$	66,000	$	—	$	66,000
Unproved	—		—		—
Exploration costs	461,000		255,000		716,000
Development costs	6,331,000		5,099,000		11,430,000
Total	$	6,858,000	$	5,354,000	$	12,212,000

	Year ended September 30, 2022
	Canada		United States		Total
Acquisition of properties:
Proved	$	3,247,000	$	—	$	3,247,000
Unproved	—		—		—
Exploration costs	55,000		—		55,000
Development costs	10,574,000		(121,000)		10,453,000
Total	$	13,876,000	$	(121,000)	$	13,755,000

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

	Year ended September 30, 2023
	Canada		United States		Total
Net revenues	$	16,630,000	$	2,746,000	$	19,376,000
Production costs	(9,859,000)		(575,000)		(10,434,000)
Depletion	(3,600,000)		(669,000)		(4,269,000)
Pre-tax results of operations (1)	3,171,000		1,502,000		4,673,000
Estimated income tax expense (2)	107,000		44,000		151,000
Results of operations (1)	$	3,064,000	$	1,458,000	$	4,522,000

	Year ended September 30, 2022
	Canada		United States		Total
Net revenues	$	19,085,000	$	3,496,000	$	22,581,000
Production costs	(8,999,000)		(440,000)		(9,439,000)
Depletion	(2,217,000)		(389,000)		(2,606,000)
Pre-tax results of operations (1)	7,869,000		2,667,000		10,536,000
Estimated income tax expense (2)	—		107,000		107,000
Results of operations (1)	$	7,869,000	$	2,560,000	$	10,429,000

_________________

(1)   Before general and administrative expenses, interest expense, and foreign exchange gains and losses.

(2) Estimated income tax expense includes changes to the deferred income tax valuation allowance necessary for the portion of Canadian and U.S. federal tax law deferred tax assets that may not be realizable.

Schedule of standardized measure of discounted future net cash flows

	Year ended September 30, 2023
	Canada		United States		Total
Future cash inflows	$	73,429,000	$	15,995,000	$	89,424,000
Future production costs	(41,935,000)		(4,168,000)		(46,103,000)
Future development costs	(2,958,000)		—		(2,958,000)
Future income tax expenses	(1,512,000)		(264,000)		(1,776,000)
Future net cash flows excluding abandonment, decommissioning and reclamation	27,024,000		11,563,000		38,587,000
Future abandonment, decommissioning and reclamation	(18,585,000)		(42,000)		(18,627,000)
Future net cash flows	8,439,000		11,521,000		19,960,000
10% annual discount for timing of cash flows	4,790,000		(4,837,000)		(47,000)
Standardized measure of discounted future net cash flows	$	13,229,000	$	6,684,000	$	19,913,000

	Year ended September 30, 2022
	Canada		United States		Total
Future cash inflows	$	93,658,000	$	6,676,000	$	100,334,000
Future production costs	(44,523,000)		(832,000)		(45,355,000)
Future development costs	(274,000)		—		(274,000)
Future income tax expenses	(6,908,000)		(233,000)		(7,141,000)
Future net cash flows excluding abandonment, decommissioning and reclamation	41,953,000		5,611,000		47,564,000
Future abandonment, decommissioning and reclamation	(16,719,000)		(11,000)		(16,730,000)
Future net cash flows	25,234,000		5,600,000		30,834,000
10% annual discount for timing of cash flows	(1,144,000)		(1,812,000)		(2,956,000)
Standardized measure of discounted future net cash flows	$	24,090,000	$	3,788,000	$	27,878,000

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

	Year ended September 30,
	2023		2022
Beginning of year	$	27,878,000	$	2,645,000
Sales of oil and natural gas produced, net of production costs	(8,942,000)		(13,142,000)
Net changes in prices and production costs, net of royalties and wellhead taxes	(11,913,000)		27,828,000
Extensions and discoveries	10,767,000		8,889,000
Net change due to purchases and sales of minerals in place	—		2,451,000
Changes in future development costs	(2,959,000)		—
Revisions of previous quantity estimates	2,227,000		4,270,000
Net change in income taxes	2,868,000		(4,774,000)
Accretion of discount	905,000		(1,566,000)
Other - changes in the timing of future production and other	(1,202,000)		801,000
Other - net change in Canadian dollar translation rate	284,000		476,000
Net change	(7,965,000)		25,233,000
End of year	$	19,913,000	$	27,878,000