Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR4.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR7.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR3.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR1.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR8.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR5.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR9.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR6.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR2.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR41.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR16.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR33.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR15.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR27.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR11.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR25.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR35.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR18.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR24.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR23.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR28.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR39.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR32.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR30.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR21.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR26.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR12.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR37.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR38.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR17.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR19.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR29.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR36.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR13.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR34.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR31.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR22.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR40.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR20.htm
EX-32 - SECTION 1350 CERTIFICATIONS - ALTEX INDUSTRIES INCaltex10kexh32.htm
EX-31 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONS - ALTEX INDUSTRIES INCaltex10kexh31.htm
10-K - ALTEX INDUSTRIES, INC., 10K 2012-09-30 - ALTEX INDUSTRIES INCaltex10k.htm
XML - IDEA: XBRL DOCUMENT - ALTEX INDUSTRIES INCR10.htm
v2.4.0.6
Note 7 - Oil and Gas Exploration and Production Industries Disclosures
12 Months Ended
Sep. 30, 2012
Notes  
Note 7 - Oil and Gas Exploration and Production Industries Disclosures

Note 7 - Supplemental Financial Data - Oil and Gas Producing Activities (Unaudited). The Company's operations are confined to the continental United States, and all of the Company's reserves are proved developed. Oil prices used are the average of the NYMEX settlement price for the spot month on the first day of each month of 2012, corrected to received price using a price differential. Income tax expense is not reflected in the tables below because of the anticipated utilization of net operating loss carryforwards and depletion carryforwards. The estimation of reserves is complex and subjective, and reserve estimates tend to fluctuate in light of new production data.

 

I. Capitalized Costs Relating to Oil and Gas Producing Activities

 

September 30, 2012

Proved properties

 $               347,000

Accumulated depreciation, depletion, amortization and valuation allowance

                  (138,000)

Net capitalized cost

$               209,000

 

 

II. Estimated Quantities of Proved Oil and Gas Reserves

 

 

Oil in Barrels

Gas in MCFs

Balance at September 30, 2010

                 14,000

                      0

Revisions of previous estimates

                  (600)

                      0

Production

   (2,000)

                      0

Balance at September 30, 2011

             11,400

                      0

Revisions of previous estimates

                 (5,200)

                   1,000

Production

                  (1,000)

                 (1,000)

Balance at September 30, 2012

                   5,200

                     0

 

 

III. Present Value of Estimated Future Net Revenue

 

At September 30

2012

2011

Estimated future revenue

 $              381,000

 $              837,000

Estimated future expenditures

                (46,000)

                (90,000)

Estimated future net revenue

                335,000

                747,000

10% annual discount of estimated future net revenue

               (122,000)

               (345,000)

Present value of estimated future net revenue

 $              213,000

 $              402,000

 

 

IV. Summary of Changes in Present Value of Estimated Future Net Revenue

 

Year ended September 30

2012

2011

Present value of estimated future net revenue, beginning of year

 $      402,000

 $       368,000

Sales, net of production costs

        (86,000)

        (109,000)

Net change in prices and cost of future production

         57,000

          81,000

Revisions of quantity estimates

      (234,000)

         (9,000)

Accretion of discount

      40,000

          37,000

Change in production rates and other

       34,000

          34,000

Present value of estimated future net revenue, end of year

 $      213,000

 $       402,000