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CONCENTRATIONS OF CREDIT RISK
12 Months Ended
Sep. 30, 2013
CONCENTRATIONS OF CREDIT RISK  
CONCENTRATIONS OF CREDIT RISK

17.                            CONCENTRATIONS OF CREDIT RISK

 

Our oil and natural gas segment’s primary concentration of credit risk is associated with two customers that individually accounted for more than 10% of total oil and natural gas segment accounts receivable: Shell Trading Canada and Keyera Partnership. At September 30, 2013, these customers accounted for 53% and 16%, respectively, or in aggregate $1,009,000, of our oil and natural gas accounts receivables.

 

Management does not believe significant credit risk related to these trade receivables exists at September 30, 2013 based on prior historical experience.