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OPERATIONS, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS (Tables)
9 Months Ended
Mar. 31, 2012
OPERATIONS, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS  
Schedule of reclassifications of previously reported amounts

 

 

 

Three Months Ended March 31, 2011

 

Nine Months Ended March 31, 2011

 

 

 

Previously

 

 

 

 

 

Previously

 

 

 

 

 

 

 

Reported

 

Reclass

 

Adjusted

 

Reported

 

Reclass

 

Adjusted

 

 

 

Balance

 

Adjustment

 

Balance

 

Balance

 

Adjustment

 

Balance

 

Costs and expenses (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs of operations

 

$

3,544

 

$

(3,544

)

$

 

$

8,684

 

$

(8,684

)

$

 

General and administrative

 

3,182

 

2,048

 

5,230

 

10,836

 

5,013

 

15,849

 

Production taxes

 

 

2,601

 

2,601

 

 

6,290

 

6,290

 

Exploration and business development

 

1,105

 

(1,105

)

 

2,619

 

(2,619

)