INVESTMENT IN OIL AND GAS PROPERTIES (Details) (USD $)	0 Months Ended	9 Months Ended						0 Months Ended		1 Months Ended	3 Months Ended	9 Months Ended		14 Months Ended				9 Months Ended
	Dec. 31, 2012	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2013	Jun. 30, 2013 Dana	Mar. 31, 2014 Tullow Guinea Ltd	Nov. 20, 2012 Tullow Guinea Ltd	Dec. 31, 2012 SCS	Dec. 31, 2012 SCS Tullow Guinea Ltd	Dec. 31, 2012 Minimum SCS Tullow Guinea Ltd m	Mar. 31, 2013 Guinea concession	Mar. 31, 2014 Guinea concession bbl	Mar. 31, 2013 Guinea concession	Mar. 31, 2013 Guinea concession	Jun. 30, 2013 Guinea concession	Dec. 30, 2012 Guinea concession	Mar. 31, 2014 Guinea concession Dana	Mar. 31, 2014 Guinea concession Minimum	Mar. 31, 2014 Guinea concession Maximum
Investments in oil and gas properties
Ownership interest in Guinea Concession (as a percent)					23.00%	40.00%						37.00%				77.00%	23.00%
Capitalized costs											$ 500,000		$ 2,800,000
Reserves												0
Oil and Gas Properties:
Unproved Oil and Gas Properties												14,220,000			14,365,000
Other Equipment Costs												6,809,000			6,809,000
Unproved properties not subject to amortization		21,029,000		21,174,000								21,029,000			21,174,000
Period over which evaluation activities of unproved properties are expected to be completed																		1 year	3 years
Properties subject to the Full-Cost Ceiling Test and written-down, amount			441,000											116,800,000
Decrease in property balance resulting from capitalized cost adjustment												100,000
Ownership interest sold (as a percent)								40.00%	40.00%
Consideration of sale of interest in PSC									27,000,000
Depth of exploration well to be drilled										2,000
Gross expenditure for an ultra-deepwater exploration well to be paid by Tullow as additional consideration								100,000,000	100,000,000
Gross expenditure for an appraisal well to be paid by Tullow as additional consideration									100,000,000
Percentage of participating interest share of costs associated with the concession obligated to be paid							40.00%
Period through which additional consideration is to be paid by Tullow									90 days
Threshold gross expenditure cap for well to be paid by the entity	100,000,000
Transaction costs		$ 3,128,000							$ 3,300,000