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Property and Equipment
12 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
As of June 30, 2019 and June 30, 2018, our oil and natural gas properties and other property and equipment consisted of the following:
 
June 30,
2019
 
June 30,
2018
Oil and natural gas properties:
 
 
 
Property costs subject to amortization
$
95,622,153

 
$
90,392,918

Less: Accumulated depreciation, depletion, and amortization
(35,275,687
)
 
(29,153,172
)
Unproved properties not subject to amortization

 

Oil and natural gas properties, net
60,346,466

 
61,239,746

Other property and equipment:
 
 
 
Furniture, fixtures and office equipment, at cost
154,731

 
143,223

Less: Accumulated depreciation
(128,313
)
 
(112,816
)
Other property and equipment, net
$
26,418

 
$
30,407


As of June 30, 2019 and 2018, all oil and gas property costs were being amortized.
During the years ended June 30, 2019 and 2018, the Company incurred capital expenditures of $5.2 million and $5.4 million, respectively, in the Delhi field.