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Property and Equipment - Summary of Property and Equipment (Details) (USD $)
Jun. 30, 2014
Jun. 30, 2013
Oil and natural gas properties    
Property costs subject to amortization $ 47,166,282 $ 42,772,184
Less: Accumulated depreciation, depletion, and amortization (9,344,212) (8,095,856)
Unproved properties not subject to amortization 0 4,112,704
Oil and natural gas properties, net 37,822,070 38,789,032
Other property and equipment    
Less: Accumulated depreciation (296,294) (270,297)
Property, Plant and Equipment, Other, Net 424,827 52,217
Furniture, Fixtures and Office Equipment
   
Other property and equipment    
Furniture, fixtures and office equipment, at cost 343,178 322,514
Technology Equipment
   
Other property and equipment    
Furniture, fixtures and office equipment, at cost $ 377,943 $ 0