SUPPLEMENTAL OIL AND GAS INFORMATION (UNAUDITED) (Tables)

12 Months Ended

Jun. 30, 2013

SUPPLEMENTAL OIL AND GAS INFORMATION (UNAUDITED)

Schedule of capitalized costs related to oil and gas producing activities

	United States		Republic of Guinea			Total
June 30, 2013
Unproved properties	$	—	$	21,174			21,174
Proved properties		—		116,753			116,753
		—		137,927			137,927
Less accumulated DD&A		—		(116,753	)		(116,753	)
Net capitalized costs	$	—	$	21,174			21,174
June 30, 2012
Unproved properties	$	—	$	39,278		$	39,278
Proved properties		—		116,312			116,312
		—		155,590			155,590
Less accumulated DD&A		—		(116,312	)		(116,312	)
Net capitalized costs	$	—	$	39,278			39,278
June 30, 2011
Unproved properties	$	—	$	36,200		$	36,200
Proved properties		—		—			—
		—		36,200			36,200
Less accumulated DD&A		—		—			—
Net capitalized costs	$	—	$	36,200		$	36,200

Schedule of costs incurred in oil and gas, exploration and development activities

	United States		Republic of Guinea		Total
June 30, 2013
Property acquisition:
Unproved	$	—	$	—	$	—
Proved		—		441		441
Exploration		—		5,381		5,381
Development		—		—		—
Total costs incurred	$		$	5,822	$	5,822
June 30, 2012
Property acquisition:
Unproved	$	—	$	—	$	—
Proved		—		90,834		90,834
Exploration		—		28,556		28,556
Development		—		—		—
Total costs incurred	$		$	119,390	$	119,390
June 30, 2011
Property acquisition:
Unproved	$	—	$	9,226	$	9,226
Proved		—		—		—
Exploration		—		26,882		26,882
Development		—		—		—
Total costs incurred	$	—	$	36,108	$	36,108