XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.21.2

Property and Equipment (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2021
Property, Plant and Equipment [Abstract] |
Schedule of oil and natural gas properties and other property and equipment |
| September 30, 2021 |  | June 30, 2021
Oil and natural gas properties: |  |  |
Property costs subject to amortization | $ | 129,402,638 |  |  | $ | 129,123,227 |
Less: Accumulated depreciation, depletion, amortization and impairment (a) | (72,033,235) |  |  | (70,607,367) |
Oil and natural gas properties, net | $ | 57,369,403 |  |  | $ | 58,515,860 |
Other property and equipment: |  |  |
Furniture, fixtures, and office equipment, at cost | $ | 154,731 |  |  | $ | 154,731 |
Less: Accumulated depreciation (b) | (145,176) |  |  | (144,092) |
Other property and equipment, net | $ | 9,555 |  |  | $ | 10,639 |
(a) Depletion on oil and natural gas properties was $1,425,868 for the quarter ended September 30, 2021, and $1,247,659 for the quarter ended June 30, 2021. There was no impairment on oil and natural gas properties for the quarter ended September 30, 2021 or the quarter ended June 30, 2021. (b) Depreciation was $1,084 for the quarter ended September 30, 2021, and $1,570 for the quarter ended June 30, 2021.

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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration