CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Current assets
Cash and cash equivalents	$ 3,710	$ 8,280
Receivables from crude oil, natural gas, and natural gas liquids revenues	18,213	24,043
Derivative contract assets	244	170
Prepaid expenses and other current assets	1,908	3,875
Total current assets	24,075	36,368
Property and equipment, net of depletion, depreciation, accretion, and impairment
Oil and natural gas properties, net-full-cost method of accounting, of which none were excluded from amortization	106,227	110,508
Other assets, net	1,358	1,171
Total assets	131,660	148,047
Current liabilities
Accounts payable	10,091	15,133
Accrued liabilities and other	9,883	11,893
Derivative contract liabilities	49	2,164
State and federal taxes payable	1,151	1,095
Total current liabilities	21,174	30,285
Long term liabilities
Senior secured credit facility		21,250
Deferred income taxes	6,744	7,099
Asset retirement obligations	14,455	13,899
Operating lease liability	149
Total liabilities	42,522	72,533
Commitments and contingencies (Note 10)
Stockholders' equity
Common stock; par value $0.001; 100,000,000 shares authorized: issued and outstanding 33,808,233 and 33,470,710 shares as of December 31, 2022 and June 30, 2022, respectively	34	33
Additional paid-in capital	43,243	42,629
Retained earnings	45,861	32,852
Total stockholders' equity	89,138	75,514
Total liabilities and stockholders' equity	$ 131,660	$ 148,047