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Property and Equipment
12 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
As of June 30, 2017 and 2016, our oil and natural gas properties and other property and equipment consisted of the following:
 
June 30,
2017
 
June 30,
2016
Oil and natural gas properties
 
 
 
Property costs subject to amortization
$
84,962,933

 
$
77,408,353

Less: Accumulated depreciation, depletion, and amortization
(23,172,865
)
 
(17,437,890
)
Unproved properties not subject to amortization

 

Oil and natural gas properties, net
61,790,068

 
59,970,463

Other property and equipment
 
 
 
Furniture, fixtures, office equipment and other, at cost
135,377

 
235,752

Less: Accumulated depreciation
(94,688
)
 
(207,103
)
Other property and equipment, net
$
40,689

 
$
28,649


As of June 30, 2017 and 2016, all oil and gas property costs were being amortized.
During the year ended June 30, 2017, the Company incurred capital expenditures of $7.1 million for the Delhi field, including approximately $4.8 million for the NGL plant project. We have incurred approximately $26.3 million on a cumulative basis for the NGL plant.