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Other Assets (Tables) | 9 Months Ended
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Mar. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of other assets | As of March 31, 2017 and June 30, 2016, other assets consisted of the following:
| March 31, 2017 |  | June 30, 2016
Royalty rights | $ | 108,512 |  |  | $ | 108,512 |
Less: Accumulated amortization of royalty rights | (16,955 | ) |  | (6,782 | )
Investment in Well Lift Inc., at cost | 108,750 |  |  | 108,750 |
Deferred loan costs | 168,972 |  |  | 168,972 |
Less: Accumulated amortization of deferred loan costs | (56,437 | ) |  | (13,963 | )
Other assets, net | $ | 312,842 |  |  | $ | 365,489 |

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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