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Property and Equipment
9 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
 
As of March 31, 2017 and June 30, 2016, our oil and natural gas properties and other property and equipment consisted of the following:
 
March 31,
2017
 
June 30,
2016
Oil and natural gas properties
 

 
 

Property costs subject to amortization
$
84,337,308

 
$
77,408,353

Less: Accumulated depreciation, depletion, and amortization
(21,565,780
)
 
(17,437,890
)
Unproved properties not subject to amortization

 

Oil and natural gas properties, net
$
62,771,528

 
$
59,970,463

Other property and equipment
 

 
 

Furniture, fixtures, office equipment and other, at cost
$
231,432

 
$
235,752

Less: Accumulated depreciation
(186,238
)
 
(207,103
)
Other property and equipment, net
$
45,194

 
$
28,649


 
During the nine months ended March 31, 2017, the Company incurred capital expenditures of $6.9 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.