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Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2024

Property and Equipment

Schedule of property and equipment

Property and equipment as of June 30, 2024 and 2023 consisted of the following (in thousands):

​

​	​	​	​	​	​	​
​		June 30, 2024			June 30, 2023
Oil and natural gas properties	​	​		​	​
Property costs subject to amortization	​	$	249,559	​	$	197,049
Less: Accumulated depletion, depreciation, and impairment	​	​	(109,874)	​	​	(91,268)
Oil and natural gas properties, net	​	$	139,685	​	$	105,781

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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
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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