Quarterly report pursuant to Section 13 or 15(d)

PRESENTATION OF INTERIM INFORMATION (Details Narrative)

v2.4.0.8
PRESENTATION OF INTERIM INFORMATION (Details Narrative) (USD $)
3 Months Ended
Nov. 30, 2013
acre
Nov. 30, 2012
Aug. 31, 2013
Number of water taps subject to tap participation fee 13,830    
Interest Expense, Other $ 657,235 $ 894,648  
Recognition Of Deferred Water Tap Fees 3,574 3,574  
Recognition Of Deferred Construction Funding 10,377 10,377  
Allowance for Doubtful Accounts Receivable, Current 41,100   41,100
Royalty Revenue 106,800 103,600  
Deferred Revenue, Leases, Net 1,243,400    
Number of acres for exploration and development 634    
Share-based Compensation 54,794 10,633  
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in Shares) 347,600 215,100  
Remaining First Priortiy Payout
     
Deferred Revenue 7,100,000    
Farm Income
     
Deferred Revenue 76,100   122,000
County Tap And Construction Fee Deferred Revenue
     
Deferred Revenue 1,281,300   1,297,600
Deferred O And G Lease Revenue
     
Deferred Revenue $ 128,700   $ 235,500