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Asset Retirement Obligations (Tables)

9 Months Ended

Mar. 31, 2013

Asset Retirement Obligations

Schedule of reconciliation of the beginning and ending asset retirement obligation

		March 31, 2012			June 30, 2012
Asset retirement obligations — beginning of period		$	968,677		$	859,586
Liabilities sold		(170,433		)	—
Liabilities incurred		3,126			175,943
Liabilities settled		(38,077		)	(61,936		)
Accretion of discount		56,090			77,505
Revision of previous estimates		5,432			(82,421		)
Asset retirement obligations — end of period		$	824,815		$	968,677

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- Definition

Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 410

-SubTopic 30

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13201-110859

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