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Property and Equipment (Details) (USD $)
Jun. 30, 2012
Jun. 30, 2011
Property and Equipment    
Property and Equipment, Net $ 40,568,443 $ 33,516,826
Oil and natural gas properties    
Property costs subject to amortization 40,874,244 35,860,517
Less: Accumulated depreciation, depletion, and amortization (6,440,166) (5,353,152)
Unproved properties not subject to amortization 6,042,094 2,940,199
Other property and equipment    
Furniture, fixtures and office equipment, at cost 322,514 261,340
Less: Accumulated depreciation (230,243) (192,078)
Woodford Shale trend
    
Other property and equipment    
Unevaluated acreage included in unproved properties not subject to amortization   2,200,000
Mississippi Lime
    
Other property and equipment    
Unevaluated acreage included in unproved properties not subject to amortization 6,000,000  
Delhi Holt Bryant Unit
    
Other property and equipment    
Participating interest included in unproved properties through royalty and overriding royalty interests   700,000
Participating interest of unproved properties through royalty and overriding royalty interests (as a percent)   7.40%
Working interest in properties after payout reversionary working interest (as a percent)   23.90%
Working interest in certain other depths of properties (as a percent)   23.90%
Oil and natural gas properties
    
Property and Equipment    
Property and Equipment, Net 40,476,172 33,447,564
Other Property and Equipment
    
Property and Equipment    
Property and Equipment, Net $ 92,271 $ 69,262