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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Costs and expenses:    
Depreciation $ 48 $ 109
General, administrative and other operating 12,323 8,406
Full-Cost ceiling test write-down 13,316 14,331
Loss from operations (25,687) (22,846)
Other income (expense):    
Gain on legal settlement 4,764  
Cost of legal settlement (1,308)  
Unrealized gain on change in warrants derivative liability 705  
Total other income (expense) 4,161  
Loss before income tax (21,526) (22,846)
Income tax 0 0
Net loss (21,526) (22,846)
Non-cash preferred dividend (1,511)  
Net loss available to common stockholders $ (23,037) $ (22,846)
Basic and diluted loss per common share (in dollars per share) $ (1.06) $ (1.09)
Weighted average shares outstanding - basic and diluted (in shares) 21,765,985 21,046,591