Receivables

As of December 31, 2014 and June 30, 2014 our receivables consisted of the following:



	December 31, 2014		June 30, 2014
Receivables from oil and gas sales	$	2,198,912	$	1,456,146
Receivable from suspended overriding royalty interest (a)	712,100		—
Other	13,558		1,066
Receivables	$	2,924,570	$	1,457,212

(a) In connection with the lawsuit between the Company and Denbury Resources, Inc. ("Denbury") regarding the provisions of the May 8, 2006 Purchase and Sale Agreements, Denbury has unilaterally suspended payments related to 2.891545% of our overriding royalty interest ("ORRI") in the Delhi Holt Bryant Unit effective November 1, 2014. Accordingly, rather than remitting our usual 7.405201% ORRI and royalty payment, which Denbury has been paying the Company since 2006, Denbury arbitrarily applied a 2.891545% reduction for two months of ORRI by reducing their payment to the Company for December 2014 sales without the Company's consent. Such amounts are being held in suspense by Denbury pending resolution of the litigation. The Company's position is that Denbury has no legal basis for applying such a reduction and withholding our funds. [See Note 15 - Commitments and Contingencies.]