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Property and Equipment (Tables)
12 Months Ended
Jun. 30, 2017
Property, Plant and Equipment [Abstract]  
Schedule of oil and natural gas properties and other 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