Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2022

Property and Equipment

Schedule of property and equipment

Property and equipment as of June 30, 2022 and 2021 consisted of the following (in thousands):

	June 30, 2022		June 30, 2021
Oil and natural gas properties
Property costs subject to amortization	$	188,634	$	129,123
Less: Accumulated depletion, depreciation, and amortization		(78,126)		(70,607)
Oil and natural gas properties, net	$	110,508	$	58,516
Other property and equipment
Furniture, fixtures and office equipment, at cost	$	148	$	155
Less: Accumulated depreciation		(148)		(144)
Other property and equipment, net	$	—	$	11