XML 65 R35.htm IDEA: XBRL DOCUMENT v3.20.2

Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Schedule of oil and natural gas properties and other property and equipment

	June 30, 2020				June 30, 2019
Oil and natural gas properties:
Property costs subject to amortization	$	107,390,379			$	95,622,153
Less: Accumulated depreciation, depletion, and amortization	(40,878,098		)		(35,275,687		)
Unproved properties not subject to amortization	—				—
Oil and natural gas properties, net	66,512,281				60,346,466
Other property and equipment:
Furniture, fixtures and office equipment, at cost	154,731				154,731
Less: Accumulated depreciation	(137,092		)		(128,313		)
Other property and equipment, net	$	17,639			$	26,418

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration