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Property and Equipment (Details) (USD $)
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Jun. 30, 2013
Property and Equipment      
Total property and equipment $ 38,092,010   $ 38,841,249
Oil and natural gas properties      
Property costs subject to amortization 47,136,642   42,772,184
Less: Accumulated depreciation, depletion, and amortization (9,089,365)   (8,095,856)
Unproved properties not subject to amortization     4,112,704
Other property and equipment      
Furniture, fixtures and office equipment, at cost 334,901   322,514
Less: Accumulated depreciation (290,168)   (270,297)
Mississippi Lime - unevaluated acreage
     
Oil and natural gas properties      
Unproved properties not subject to amortization     4,100,000
Other property and equipment      
Unproved properties transferred to the full cost pool 4,400,000 3,800,000  
Oil and natural gas properties
     
Property and Equipment      
Total property and equipment 38,047,277   38,789,032
Other Property and Equipment
     
Property and Equipment      
Total property and equipment $ 44,733   $ 52,217