INVESTMENT IN OIL AND GAS PROPERTIES (Tables)

6 Months Ended

Dec. 31, 2015

INVESTMENT IN OIL AND GAS PROPERTIES

Schedule of total capitalized costs of oil and gas properties

The following table provides detail of total capitalized costs for the Concession which remain unproved and unevaluated and are excluded from amortization as of December 31, 2015 and June 30, 2015 (in thousands):

	December 31, 2015		June 30, 2015
Oil and Gas Properties:
Unproved properties not subject to amortization	$	14,331	$	14,311