ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)

9 Months Ended

12 Months Ended

Mar. 31, 2017

Jun. 30, 2016

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Summary of accounts payable and accrued expenses

        Accounts payable and accrued expenses as of March 31, 2017 and June 30, 2016 include the following (in thousands):

	March 31, 2017		June 30, 2016
Accounts payable—trade and oil and gas exploration activities	$	1,793	$	1,361
Accounts payable—legal costs		278		61
Accrued payroll		98		321
	$	2,169	$	1,743

        Accounts payable and accrued expenses as of June 30, 2016 and 2015 include the following (in thousands):

	2016		2015
Accounts payable—trade	$	1,361	$	1,157
Accounts payable—legal costs		61		342
Accrued payroll		321		169
	$	1,743	$	1,668