Property and Equipment (Tables)

9 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

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

As of March 31, 2019 and June 30, 2018, our oil and natural gas properties and other property and equipment consisted of the following:

	March 31, 2019			June 30, 2018
Oil and natural gas properties
Property costs subject to amortization	$	95,099,158		$	90,392,918
Less: Accumulated depreciation, depletion, and amortization	(33,765,225		)	(29,153,172		)
Unproved properties not subject to amortization	—			—
Oil and natural gas properties, net	$	61,333,933		$	61,239,746
Other property and equipment
Furniture, fixtures, office equipment and other, at cost	$	145,560		$	143,223
Less: Accumulated depreciation	(125,440		)	(112,816		)
Other property and equipment, net	$	20,120		$	30,407