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INVESTMENT IN OIL AND GAS PROPERTIES (Details) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2012
Dec. 31, 2015
Jun. 30, 2015
Dec. 30, 2012
Oil and Gas Properties:        
Unproved oil and gas properties excluded from amortization (Full-Cost Method)   $ 14,331 $ 14,311  
Guinea concession        
Investments in oil and gas properties        
Ownership interest in Guinea Concession (as a percent) 37.00% 37.00%   77.00%
Oil and Gas Properties:        
Unproved oil and gas properties excluded from amortization (Full-Cost Method)   $ 14,331 $ 14,311  
Increase in property balance resulting from capitalized cost adjustment   $ 20    
Guinea concession | Tullow Guinea Ltd        
Oil and Gas Properties:        
Ownership interest sold (as a percent) 40.00%      
Consideration of sale of interest in PSC $ 27,000      
Gross expenditure cap 100,000      
Gross expenditure for an appraisal well to be paid by Tullow as additional consideration $ 100,000      
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      
Transaction costs $ 3,300      
Guinea concession | Dana        
Investments in oil and gas properties        
Ownership interest in Guinea Concession (as a percent)   23.00%    
Guinea concession | Tullow Guinea Ltd        
Investments in oil and gas properties        
Ownership interest in Guinea Concession (as a percent)   40.00%