Consolidated Condensed Balance Sheets (Unaudited) - USD ($)	Mar. 31, 2022	Jun. 30, 2021
Current assets
Cash and cash equivalents	$ 13,368,538	$ 5,276,510
Receivables from oil, natural gas, and natural gas liquids sales	15,340,108	8,686,967
Receivables for federal and state income tax refunds	2,311,985	3,107,638
Prepaid expenses and other current assets	1,116,446	1,037,259
Total current assets	32,137,077	18,108,374
Oil and natural gas properties, net—full-cost method of accounting, of which none were excluded from amortization	82,559,338	58,515,860
Other property and equipment, net	6,737	10,639
Total property and equipment, net	82,566,075	58,526,499
Other assets, net	1,504,087	70,789
Total assets	116,207,239	76,705,662
Current liabilities
Accounts payable	13,292,635	5,609,367
Accrued liabilities and other	905,646	947,045
Derivative contract liabilities	2,398,237	0
State and federal income taxes payable	180,883	37,748
Total current liabilities	16,777,401	6,594,160
Long term liabilities
Senior secured credit facility	20,000,000	4,000,000
Deferred income taxes	6,357,437	5,957,202
Asset retirement obligations	8,312,375	5,538,752
Operating lease liability	0	20,745
Total liabilities	51,447,213	22,110,859
Commitments and contingencies
Stockholders’ equity
Common stock; par value $0.001; 100,000,000 shares authorized; 33,719,621 and 33,514,952 shares issued and outstanding as of March 31, 2022 and June 30, 2021, respectively	33,719	33,515
Additional paid-in capital	43,371,367	42,541,224
Retained earnings	21,354,940	12,020,064
Total stockholders’ equity	64,760,026	54,594,803
Total liabilities and stockholders’ equity	$ 116,207,239	$ 76,705,662