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Property and Equipment
3 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
 
As of September 30, 2017 and June 30, 2017, our oil and natural gas properties and other property and equipment consisted of the following:
 
September 30,
2017
 
June 30,
2017
Oil and natural gas properties
 

 
 

Property costs subject to amortization
$
85,585,703

 
$
84,962,933

Less: Accumulated depreciation, depletion, and amortization
(24,683,746
)
 
(23,172,865
)
Unproved properties not subject to amortization

 

Oil and natural gas properties, net
$
60,901,957

 
$
61,790,068

Other property and equipment
 

 
 

Furniture, fixtures, office equipment and other, at cost
$
135,377

 
$
135,377

Less: Accumulated depreciation
(98,959
)
 
(94,688
)
Other property and equipment, net
$
36,418

 
$
40,689


 
During the three months ended September 30, 2017, the Company incurred capital expenditures of $0.6 million for the Delhi field.