ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Sep. 30, 2015

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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

	September 30, 2015			June 30, 2015
Accounts payable – trade and oil and gas exploration activities	$	95	$	1,157
Accounts payable – legal costs	89		342
Accrued payroll	292		169
Other	75		-
	$	551	$	1,668