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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2017
Jun. 30, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 1,100 $ 139,600
Accounts receivable - trade, net 7,900 3,900
Other receivables - related party 0 2,800
Assets held for sale 0 1,653,500
Prepaid expenses and other current assets 24,800 47,300
Total current assets 33,800 1,847,100
PROPERTY AND EQUIPMENT, NET 1,617,200 2,111,000
OTHER ASSETS    
Assets held for sale 1,654,700 0
Trust account - asset retirement obligation 101,500 86,100
TOTAL ASSETS 3,407,200 4,044,200
CURRENT LIABILITIES    
Accounts payable 301,100 251,400
Accrued expenses 326,800 146,200
Note payable - related party - current 750,000 0
Total current liabilities 1,377,900 397,600
LONG-TERM LIABILITIES    
Note payable - related party - noncurrent 0 200,000
Contingent payments, long-term 686,700 672,700
Asset retirement obligation 434,000 434,000
TOTAL LIABILITIES 2,498,600 1,704,300
SHAREHOLDERS' EQUITY    
Preferred Stock - no shares issued or outstanding 0 0
Common Stock Class A - 75,000,000 no par shares authorized, 4,982,400 shares issued and outstanding at March 31, 2017 and June 30, 2016 109,193,500 109,188,200
Accumulated Deficit (108,284,900) (106,848,300)
Total shareholders' equity 908,600 2,339,900
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 3,407,200 $ 4,044,200