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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Costs and expenses:        
Depreciation $ 97 $ 152 $ 318 $ 511
General, administrative and other operating 8,095 2,650 20,725 13,110
Full-Cost ceiling test write-down       441
Loss from operations (8,192) (2,802) (21,043) (14,062)
Interest income 26 4 70 10
Realized loss on disposal of securities (69)   (69)  
Loss before income tax (8,235) (2,798) (21,042) (14,052)
Net loss $ (8,235) $ (2,798) $ (21,042) $ (14,052)
Basic and diluted loss per share (in dollars per share) $ (0.39) $ (0.13) $ (1.00) $ (0.67)
Weighted average shares outstanding - basic and diluted (in shares) 21,046,591 20,958,562 21,046,591 20,947,892