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Property and Equipment (Tables)
12 Months Ended
Jun. 30, 2025
Property and Equipment  
Schedule of property and equipment

Property and equipment as of June 30, 2025 and 2024 consisted of the following (in thousands):

    

June 30, 2025

    

June 30, 2024

Oil and natural gas properties

 

 

Property costs subject to amortization

$

272,496

$

249,559

Less: Accumulated depletion, depreciation, and impairment

(130,248)

(109,874)

Oil and natural gas properties, net

$

142,248

$

139,685