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Related Party Transactions (Tables)
 3 Months Ended
Sep. 30, 2012
Related Party Transaction [Line Items]  
Schedule of Related Party Transactions [Table Text Block]
Below is a summary of payments received from (paid to) JEX and REX in the ordinary course of business in our capacity as operator of the wells and platforms for the periods indicated. The Company made and received similar types of payments with other well owners (in thousands):
 
Three months ended September 30,
 
2012
 
2011
 
JEX
REX
 
JEX
REX
Revenue payments as well owners
$
(1,133
)
$
(849
)
 
$
(1,283
)
$
(30
)
Joint interest billing receipts
220

91

 
247

1,082


Below is a summary of payments received from (paid to) JEX and REX as a result of specific transactions between the Company, JEX and REX. While these payments are in the ordinary course of business, the Company did not have similar transactions with other well owners (in thousands):
 
Three months ended September 30,
 
2012
 
2011
 
JEX
REX
 
JEX
REX
Reimbursement of certain costs
$
(146
)
$
—

 
$
(5
)
$
(10
)
Prospect fees
—

—

 
(250
)
—

Payments under advisory agreement dated April 1, 2012
(667
)
—

 
—

—

REX distribution to members
—

323

 
—

—


As of September 30, 2012 and June 30, 2012, the Company's consolidated balance sheets included the following balances (in thousands):
 
September 30, 2012
 
June 30, 2012
 
JEX
REX
 
JEX
REX
Accounts receivable:
 
 
 
 
 
     Trade receivables
$
6

$
1

 
$
20

$
18

     Joint interest billings
151

142

 
158

92

 
 
 
 
 
 
Accounts payable:
 
 
 
 
 
     Royalties and revenue payable
(722
)
(515
)
 
(813
)
(682
)
     Joint interest billings
(257
)
—

 
—

—
Schedule of Oil and Gas Ownership Interests
As of September 30, 2012, Contango, JEX, REX and JEX employees owned the following interests in the Company's offshore wells.
 
Contango
 
JEX
 
REX
 
JEX Employees
 
WI
NRI
 
WI
NRI
 
WI
NRI
 
ORRI
Dutch #1 - #5
47.05
%
38.12
%
 
1.61
%
1.29
%
 
—
%
—
%
 
2.02%
Mary Rose #1
53.21
%
40.45
%
 
2.01
%
1.51
%
 
—
%
—
%
 
2.79%
Mary Rose #2 - #3
53.21
%
38.67
%
 
2.01
%
1.44
%
 
—
%
—
%
 
2.79%
Mary Rose #4
34.58
%
25.49
%
 
1.31
%
0.95
%
 
—
%
—
%
 
1.82%
Mary Rose #5
37.80
%
27.88
%
 
1.43
%
1.04
%
 
—
%
—
%
 
1.54%
Ship Shoal 263
100.00
%
80.00
%
 
—
%
—
%
 
—
%
—
%
 
3.33%
Vermilion 170
83.20
%
64.83
%
 
4.30
%
3.35
%
 
12.50
%
9.74
%
 
3.33%