Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENT (Tables)

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FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of fair value on recurring basis

The following table sets forth by level within the fair value hierarchy GulfSlope Energy, Inc.’s liabilities that were accounted for at fair value on a recurring basis as of September 30, 2019 and 2018:

  

    Fair Value Measurements Using  
    Quoted Prices in
Active Markets for
Identical Assets
    Significant Other
Observable
Inputs
    Significant
Unobservable
Inputs
    Total Carrying  
Description   (Level 1)     (Level 2)     (Level 3)     Value as of  
    (In thousands)  
Derivative Financial Instrument   $     $ (271,710 )   $     $ (271,710 )
Total as of September 30, 2018           (271,710 )           (271,710 )
Issuance of Derivative Financial Instruments           (3,863,599 )           (3,863,599 )
Change in fair value for year ended September 30, 2019           600,853             600,853  
Total as of Total as of September 30, 2019   $     $ (3,534,456 )   $     $ (3,534,456 )