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Property and Equipment - Summary of Property and Equipment (Details) - USD ($)	Jun. 30, 2020	Jun. 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	0	0
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

- Definition

The sum of the capitalized costs incurred, as of the balance sheet date, of unproved properties excluded from amortization including acquisition costs, exploration costs, development costs, and production costs.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-10.(c)(7)(ii))
-URI http://asc.fasb.org/extlink&oid=120398226&loc=d3e511914-122862

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Depletion of oil and gas property carried under the full cost method.

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Oil and gas properties, gross, carried under the full cost method.

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Oil and gas properties, net of depletion, carried under the full cost method.

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- Definition

Amount before accumulated depreciation, depletion and amortization of other physical assets used in the normal conduct of business to produce goods and services and not intended for resale.

+ References

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-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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Amount after depreciation of long-lived, physical assets used to produce goods and services and not intended for resale, classified as other.

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