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Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2023

Property and Equipment

Schedule of property and equipment

Property and equipment as of June 30, 2023 and 2022 consisted of the following (in thousands):

​

​	​	​	​	​	​	​
​		June 30, 2023			June 30, 2022
Oil and natural gas properties	​	​		​	​
Property costs subject to amortization	​	$	197,049	​	$	188,634
Less: Accumulated depletion, depreciation, and impairment	​	​	(91,268)	​	​	(78,126)
Oil and natural gas properties, net	​	$	105,781	​	$	110,508

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- References

No definition available.

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- 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 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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