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Receivables (Tables)
6 Months Ended
Dec. 31, 2015
Receivables [Abstract]  
Schedule of Receivables
As of December 31, 2015 and June 30, 2015 our receivables consisted of the following:

 
December 31,
2015
 
June 30,
2015
Receivables from oil and gas sales
$
1,945,397

 
$
3,122,155

Receivable from settled derivatives
602,649

 

Other
9,685

 
318

Total receivables
$
2,557,731

 
$
3,122,473