ACCOUNTS PAYABLE AND ACCRUED EXPENSES

3 Months Ended

Sep. 30, 2016

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, 2016 and June 30, 2016 include the following (in thousands):

	September 30, 2016		June 30, 2016
Accounts payable — trade and oil and gas exploration activities	$	355	$	1,361
Accounts payable — legal costs	544		61
Accrued payroll	432		321
	$	1,331	$	1,743