Summary of Significant Accounting Policies (Tables)

3 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

Schedule of cost of unproved properties excluded from the amortization base

The table below sets forth the cost of unproved properties excluded from the amortization base as of December 31, 2015 and notes the year in which the associated costs were incurred: 

	Year of Acquisition
	2012		2013		2014		2015		Total
Acquisition costs	$	153,264	$	47,311	$	—	$	—	$	200,575
Development costs		—		—		—		—		—
Exploration costs		—		—		—		—		—
Total	$	153,264	$	47,311	$	—	$	—	$	200,575

Schedule of assets measured and recognized at fair value on a recurring and nonrecurring basis

The following table presents assets that were measured and recognized at fair value as of December 31, 2015 and September 30, 2015 and the periods then ended on a recurring and nonrecurring basis: 

December 31, 2015 Description	Level 1		Level 2		Level 3		Total Realized Loss
Asset retirement obligation	$	—	$	—	$	20,996	$	—
Available for sale securities		54,339		—		—		—
Totals	$	54,339	$	—	$	20,996	$	—

September 30, 2015 Description	Level 1		Level 2		Level 3		Total Realized Loss
Asset retirement obligation	$	—	$	—	$	20,855	$	—
Available for sale securities		56,279		—		—		—
Totals	$	56,279	$	—	$	20,855	$	—