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SUPPLEMENTAL OIL AND GAS INFORMATION (UNAUDITED) - Capitalized Costs (Details) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2016
Jun. 30, 2016
Jun. 30, 2015
Capitalized Costs Related to Oil and Gas Activities        
Unproved properties       $ 14,311,000
Total oil and gas properties       14,311,000
Net capitalized costs       14,311,000
Full Impairment of unproved oil and gas properties $ 14,331,000 $ 14,331,000 $ 14,331,000  
Republic of Guinea        
Capitalized Costs Related to Oil and Gas Activities        
Unproved properties       14,311,000
Total oil and gas properties       14,311,000
Net capitalized costs       $ 14,311,000