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INVESTMENT IN OIL AND GAS PROPERTIES (Details) (USD $)
1 Months Ended 3 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended
Nov. 30, 2011
Sep. 30, 2011
Mar. 31, 2012
Jun. 30, 2012
Jun. 30, 2010
Jun. 30, 2011
Sep. 30, 2010
Guinea concession
May 31, 2010
Guinea concession
Mar. 31, 2010
Guinea concession
Feb. 28, 2010
Guinea concession
Dec. 31, 2009
Guinea concession
Jun. 30, 2012
Guinea concession
sqkm
Jun. 30, 2011
Guinea concession
Mar. 25, 2010
Guinea concession
sqmi
usdperSqkm
Mar. 31, 2010
Guinea concession
Minimum
m
sqkm
Mar. 25, 2010
Guinea concession
Minimum
Jun. 30, 2010
Guinea concession
3D Seismic Contract with PGS
item
sqkm
Dec. 31, 2010
Guinea concession
3D Seismic Contract with PGS
Jun. 11, 2010
Guinea concession
3D Seismic Contract with PGS
Sep. 30, 2011
Guinea concession
3D Seismic Contract with Veritas
sqkm
Jun. 30, 2012
Guinea concession
3D Seismic Contract with Veritas
Jun. 30, 2012
Guinea concession
From 0 to 2,000
Jun. 30, 2012
Guinea concession
From 0 to 2,000
Maximum
bblperday
Jun. 30, 2012
Guinea concession
From 0 to 2,000
Minimum
bblperday
Jun. 30, 2012
Guinea concession
From 2,001 to 5,000
Jun. 30, 2012
Guinea concession
From 2,001 to 5,000
Maximum
bblperday
Jun. 30, 2012
Guinea concession
From 2,001 to 5,000
Minimum
bblperday
Jun. 30, 2012
Guinea concession
From 5,001 to 100,000
Jun. 30, 2012
Guinea concession
From 5,001 to 100,000
Maximum
bblperday
Jun. 30, 2012
Guinea concession
From 5,001 to 100,000
Minimum
bblperday
Jun. 30, 2012
Guinea concession
Over 100,001
Jun. 30, 2012
Guinea concession
Over 100,001
Minimum
bblperday
Investments in oil and gas properties                                                                
Ownership interest in Guinea Concession (as a percent)                       77.00%                                        
Contract area retained (in square miles)                           9,650                                    
Contract area retained as percentage of original contract area                           30.00%                                    
Relinquishment of contract area retained as percentage of original contract area                     70.00%                                          
Contract area retained as percentage of original contract area, required to be relinquished under PSC                       25.00%                                        
Extension of exploration period allowable to allow the completion of a well in process             1 year                                                  
Extension of exploration period allowable to allow the completion of appraisal of discovery made             2 years                                                  
Depth below seabed required to be drilled of an exploration well (in meters)                             2,500                                  
Expenditure required on each exploration well                             $ 15,000,000                                  
Aggregate expenditure required on exploration wells                             30,000,000                                  
Area of 3D seismic required to be acquired (in square kilometers)                             2,000                                  
Expenditure on acquisition of 3D seismic required to be acquired                             12,000,000                                  
Guinea's participating interest in development of discovery as percentage of costs                               15.00%                                
Guinea's share of cost and profit oil (as a percent)                           62.50%                                    
Annual training budget to be established, for the benefit of Guinea's oil industry personnel                 200,000                                              
Annual surface tax, obligated to pay (in dollars per square kilometers)                           2.00                                    
Royalty interest to Guinea as percentage of production                       10.00%                                        
Percentage of revenue after royalty                       90.00%                                        
Daily production (in barrels per day)                                             2,000 0   5,000 2,001   100,000 5,001   100,001
Guinea's share in revenue, after recovery cost of operations (as a percent)                                           25.00%     30.00%     41.00%     60.00%  
Contractor share in revenue, after recovery cost of operations (as a percent)                                           75.00%     70.00%     59.00%     40.00%  
Participating interest of Dana (as a percent)       23.00%             23.00%                                          
Cash received for the assigned participating interest         25,001,000     19,600,000   1,700,000                                            
Oil and Gas Properties:                                                                
Proved oil and gas Properties       116,312,000               116,312,000                                        
Unproved oil and gas Properties       39,278,000 92,000 36,200,000           32,469,000 36,200,000                                      
Other Equipment Costs                       6,809,000                                        
Less-accumulated depreciation, depletion and amortization       (116,312,000)               (116,312,000)                                        
Unevaluated properties excluded from amortization       39,278,000   36,200,000           39,278,000 36,200,000         19,000,000     20,300,000                      
Geological and geophysical cost                       28,556,000 26,882,000                                      
Other exploration costs                       90,834,000 9,226,000                                      
Costs incurred during the period for exploration, development, and acquisition activities, capitalized                       6,613,000 4,001,000                                      
Area for which 3D seismic survey to be conducted (in square kilometers)                       4,000         3,635     4,000                        
Number of portions in which survey will be conducted                                 2                              
Contract price                                     21,000,000                          
Costs Incurred on unevaluated oil and gas properties                                   24,700,000     26,300,000                      
Expected cost for survey, processing and other services                                         30,000,000                      
Expected cost for survey, processing and other services, capitalized                                         23,100,000                      
Prospective Investment                                                                
Payments in connection with a prospective oil and gas investment 5,000,000 5,000,000   10,000,000                                                        
Write off of investment     $ 10,000,000 $ 10,000,000