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

 
 

Property costs subject to amortization
$
86,403,877

 
$
84,962,933

Less: Accumulated depreciation, depletion, and amortization
(26,310,070
)
 
(23,172,865
)
Unproved properties not subject to amortization
—

 
—

Oil and natural gas properties, net
$
60,093,807

 
$
61,790,068

Other property and equipment
 

 
 

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

 
$
135,377

Less: Accumulated depreciation
(103,112
)
 
(94,688
)
Other property and equipment, net
$
32,265

 
$
40,689


 
During the six months ended December 31, 2017 and 2016, the Company incurred capital expenditures of $1.4 million and $6.5 million, respectively, in the Delhi field.