Acquisitions and Divestitures (Tables)

3 Months Ended

Sep. 30, 2012

Acquisitions and Divestitures [Abstract]

Schedule of Purchase Price Allocation

The following table summarizes the allocation of the consideration received for the assets transferred as a result of the Santos SA as of June 30, 2012.

	Total
	(In thousands)
Consideration received
Net purchase price per Santos SA	$	25,493
Purchase price adjustments	1,138
Total	$	26,631
Allocation of the consideration received to fair value of assets
Proved oil and gas properties (Palm Valley)	$	3,403
Unproved oil and gas properties (Dingo)	2,957
Land, buildings, and equipment (Palm Valley)	370
Total allocation of the fair value received	6,730
Mereenie liabilities given up, net	2,805
Gain on sale of assets	(36,166		)
Total	$	(26,631	)