Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Schedule of oil and natural gas properties and other property and equipment

As of June 30, 2018 and June 30, 2017, our oil and natural gas properties and other property and equipment consisted of the following:

	June 30, 2018			June 30, 2017
Oil and natural gas properties:
Property costs subject to amortization	$	90,392,918		$	84,962,933
Less: Accumulated depreciation, depletion, and amortization	(29,153,172		)	(23,172,865		)
Unproved properties not subject to amortization	—			—
Oil and natural gas properties, net	61,239,746			61,790,068
Other property and equipment:
Furniture, fixtures and office equipment, at cost	143,223			135,377
Less: Accumulated depreciation	(112,816		)	(94,688		)
Other property and equipment, net	$	30,407		$	40,689