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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Details 3)
$ in Thousands
12 Months Ended
Jun. 30, 2015
USD ($)
bbl
Jun. 30, 2014
USD ($)
Joint interest receivable and allowance for doubtful accounts    
Allowance for doubtful accounts $ 0 $ 0
Oil and Gas Properties    
Gain or loss recorded for oil and natural gas properties $ 0  
Average period over which oil and natural gas price is based to derive future net revenue 12 months  
Discount percentage 10.00%  
Proved reserves | bbl 0  
Amortization of proved oil and gas properties subject to the full-cost ceiling test $ 0 $ 0