CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2022	Jun. 30, 2022
Current assets
Cash and cash equivalents	$ 10,714	$ 8,280
Receivables from crude oil, natural gas, and natural gas liquids sales	18,846	24,043
Derivative contract assets	49	170
Prepaid expenses and other current assets	2,235	3,875
Total current assets	31,844	36,368
Property and equipment, net of depletion, depreciation, amortization, and impairment
Oil and natural gas properties, net-full-cost method of accounting, of which none were excluded from amortization	108,199	110,508
Other assets, net	1,159	1,171
Total assets	141,202	148,047
Current liabilities
Accounts payable	10,044	15,133
Accrued liabilities and other	10,696	11,893
Derivative contract liabilities	924	2,164
State and federal taxes payable	3,673	1,095
Total current liabilities	25,337	30,285
Long term liabilities
Senior secured credit facility	12,250	21,250
Deferred income taxes	7,063	7,099
Asset retirement obligations	14,175	13,899
Total liabilities	58,825	72,533
Commitments and contingencies (Note 10)
Stockholders' equity
Common stock; par value $0.001; 100,000,000 shares authorized: issued and outstanding 33,546,236 and 33,470,710 shares as of September 30, 2022 and June 30, 2022, respectively	33	33
Additional paid-in capital	42,811	42,629
Retained earnings	39,533	32,852
Total stockholders' equity	82,377	75,514
Total liabilities and stockholders' equity	$ 141,202	$ 148,047