CAPITAL STOCK	12 Months Ended
Sep. 30, 2014
Equity [Abstract]
CAPITAL STOCK	CAPITAL STOCK Dividends Declared Our board of directors has declared a quarterly cash dividend of $0.25 per share of common stock, payable on January 13, 2015 to shareholders of record on January 6, 2015. We have not paid dividends historically. Increase in Shares Authorized At the Company's 2014 Annual Meeting of Shareholders held on February 19, 2014, our shareholders approved an increase in the number of authorized shares of our common stock from 90,000,000 to 180,000,000. The Company also has the authority to issue 1,000,000 shares of preferred stock, each with no par value. Repurchase and Retirement of Common Shares On May 23, 2013, we entered into a stock purchase agreement with Helmerich & Payne International Drilling Co. ("H&P"), a subsidiary of Helmerich & Payne, Inc., under which we agreed to repurchase 2,000,000 shares of our common stock from H&P and to make a payment at closing to H&P of $107.1 million. On June 13, 2013, we and H&P amended the agreement to extend the closing date from June 13, 2013 to June 27, 2013 resulting in an increase to the amount paid at closing to H&P by $200,000. The share repurchase closed on June 27, 2013. Following the share repurchase, we canceled such shares. H&P is considered a related party due to a member of our board of directors currently serving as Chairman of the Board of Helmerich & Payne, Inc.

CAPITAL STOCK

12 Months Ended

Sep. 30, 2014

Dividends Declared

Our board of directors has declared a quarterly cash dividend of $0.25 per share of common stock, payable on January 13, 2015 to shareholders of record on January 6, 2015. We have not paid dividends historically.

Increase in Shares Authorized

At the Company's 2014 Annual Meeting of Shareholders held on February 19, 2014, our shareholders approved an increase in the number of authorized shares of our common stock from 90,000,000 to 180,000,000. The Company also has the authority to issue 1,000,000 shares of preferred stock, each with no par value.

Repurchase and Retirement of Common Shares

On May 23, 2013, we entered into a stock purchase agreement with Helmerich & Payne International Drilling Co. ("H&P"), a subsidiary of Helmerich & Payne, Inc., under which we agreed to repurchase 2,000,000 shares of our common stock from H&P and to make a payment at closing to H&P of $107.1 million. On June 13, 2013, we and H&P amended the agreement to extend the closing date from June 13, 2013 to June 27, 2013 resulting in an increase to the amount paid at closing to H&P by $200,000. The share repurchase closed on June 27, 2013. Following the share repurchase, we canceled such shares. H&P is considered a related party due to a member of our board of directors currently serving as Chairman of the Board of Helmerich & Payne, Inc.