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Income Taxes - Schedule of Deferred Income Taxes (Details) (USD $) | Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2012
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Income Tax Disclosure [Abstract] |  |  |  |  |  |
Non-qualified stock-based compensation | $ 134,469 |  | $ 774,673 |  | $ 774,720 |
Net operating loss carry-forwards | 427,249 |  | 427,249 |  | 1,336,769 |
AMT credit carry-forward | 701,254 | [1] | 502,466 | [1] | 714,571 | [1]
Other | 165,775 |  | 28,170 |  | 29,929 |
Gross deferred tax assets | 1,428,747 |  | 1,732,558 |  | 2,855,989 |
Valuation allowance | (292,446) |  | (292,446) |  | (893,410) |
Total deferred tax assets | 1,136,301 |  | 1,440,112 |  | 1,962,579 |
Oil and natural gas properties | (10,873,949) |  | (9,832,948) |  | (7,842,437) |
Total deferred tax liability | (10,873,949) |  | (9,832,948) |  | (7,842,437) |
Net deferred tax liability | (9,737,648) |  | (8,392,836) |  | (5,879,858) |
Deferred Tax Asset, Alternative Minimum Tax | 824,087 |  |  |  |  |
Deferred Tax Liability, Alternative Minimum Tax Associated with Windfall Tax Benefit | $ 122,833 |  |  |  |  |
[1] | Total AMT credit carry-forward is $824,087. Our net deferred tax liability does not include $122,833 of AMT credit carry-forward associated with the tax benefit related to stock-based compensation.

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