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Supplemental Disclosures about Oil and Natural Gas Producing Properties (unaudited) (Details 3) (USD $) | 12 Months Ended
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Jun. 30, 2012 | Jun. 30, 2011 | Jun. 30, 2010
Standardized measure of discounted future net cash flows |  |  |
Future cash inflows | $ 1,355,686,188 | $ 1,161,278,060 | $ 827,902,260
Future production costs and severance taxes | (458,716,938) | (379,493,392) | (222,826,052)
Future development costs | (38,458,724) | (40,571,895) | (34,024,112)
Future income tax expenses | (296,703,838) | (278,455,798) | (213,063,769)
Future net cash flows | 561,806,688 | 462,756,975 | 357,988,327
10% annual discount for estimated timing of cash flows | (278,209,195) | (234,309,020) | (196,361,678)
Standardized measure of discounted future net cash flows | $ 283,597,493 | $ 228,447,954 | $ 161,626,649
Period considered for determining unweighted arithmetic average of first-day-of-the-month commodity prices | 12 months |  |
Oil |  |  |
Unweighted arithmetic average first-day-of-the-month commodity prices |  |  |
Commodity prices used in determining future cash flows (in dollars per Bbl or MMBtu) | 95.67 | 90.09 | 75.76
Gas |  |  |
Unweighted arithmetic average first-day-of-the-month commodity prices |  |  |
Commodity prices used in determining future cash flows (in dollars per Bbl or MMBtu) | 3.15 | 4.21 | 4.10

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- Definition This is the amount that is derived from using a discount rate of ten percent a year to reflect the timing of the future net cash flows relating to proved oil and gas reserves. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62424-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 31 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62455-109447 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 19 -Paragraph 59Y -Subparagraph e -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Cash proceeds expected from future sale of oil and gas from proved reserves located in this geographic region. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62424-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 31 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62455-109447 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 19 -Paragraph 59Y -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition The future cost of developing oil and gas from proved reserves located in this geographic region. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62424-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 31 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62455-109447 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 19 -Paragraph 59Y -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition The estimated future income tax expenses that will be incurred based on the future income less future expenses derived from production and sale of proved oil and gas reserves in this geographic region. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62424-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 31 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62455-109447 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 19 -Paragraph 59Y -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition These amounts are the result of subtracting future development and production costs and future income tax expenses from future cash inflows for each geographic region where proved oil and gas reserves exist. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62424-109447 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 31 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=8451039&loc=d3e62455-109447 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 19 -Paragraph 59Y -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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