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Property and Equipment (Tables)
 9 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
Schedule of oil and natural gas properties and other property and equipment
As of March 31, 2016 and June 30, 2015, our oil and natural gas properties and other property and equipment consisted of the following:
 
March 31,
2016
 
June 30,
2015
Oil and natural gas properties
 

 
 

Property costs subject to amortization
$
69,886,767

 
$
57,718,653

Less: Accumulated depreciation, depletion, and amortization
(16,237,153
)
 
(12,531,767
)
Unproved properties not subject to amortization
—

 
—

Oil and natural gas properties, net
$
53,649,614

 
$
45,186,886

Other property and equipment
 

 
 

Other equipment, at cost
$
328,201

 
$
607,674

Less: Accumulated depreciation
(302,211
)
 
(330,918
)
Other equipment, net
$
25,990

 
$
276,756