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Property and Equipment (Details) (USD $)
Dec. 31, 2013
Jun. 30, 2013
Dec. 31, 2012
Property and Equipment      
Total property and equipment $ 38,292,253 $ 38,841,249  
Oil and natural gas properties      
Property costs subject to amortization 42,746,486 42,772,184  
Less: Accumulated depreciation, depletion, and amortization (8,760,874) (8,095,856)  
Unproved properties not subject to amortization 4,258,459 4,112,704  
Other property and equipment      
Furniture, fixtures and office equipment, at cost 332,151 322,514  
Less: Accumulated depreciation (283,969) (270,297)  
Mississippi Lime - unevaluated acreage
     
Oil and natural gas properties      
Unproved properties not subject to amortization 4,200,000 4,100,000  
Oil and natural gas properties
     
Property and Equipment      
Total property and equipment 38,244,071 38,789,032  
Other property and equipment      
Impaired unproved properties 0   0
Other Property and Equipment
     
Property and Equipment      
Total property and equipment $ 48,182 $ 52,217