|6 Months Ended|
Mar. 31, 2019
|Subsequent Events [Abstract]|
NOTE 10 – SUBSEQUENT EVENTS
Insurance proceeds for an underground COW (“control of well”) event were received in April 2019. Several partial payments totaling approximately $2.0 million were received through the filing of this report.
Loan proceeds of $1 million were received under the $11 million Term Loan Facility described in Note 5 in April 2019.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef