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INVESTMENT IN OIL AND GAS PROPERTIES - Guinea Concession - General Information (Details)
12 Months Ended
Oct. 08, 2017
USD ($)
Sep. 19, 2017
Sep. 08, 2017
m
Jul. 12, 2017
Jun. 12, 2017
USD ($)
Jun. 05, 2017
USD ($)
Jun. 02, 2017
USD ($)
Jan. 29, 2017
USD ($)
Sep. 15, 2016
USD ($)
km²
Mar. 25, 2010
km²
m
Jun. 30, 2017
USD ($)
item
m
$ / km²
Jun. 30, 2016
USD ($)
km²
Jun. 30, 2012
km²
Apr. 21, 2017
km²
INVESTMENT IN OIL AND GAS PROPERTIES                            
Contract area retained as percentage of original contract area, required to be relinquished under PSC                   25.00%        
Additional participating interest (as a percent)                     2.00%      
Guinea Concession                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Contract area retained (in square kilometers/square miles) | km²                 5,000 25,000        
Contract area retained as percentage of original contract area                   30.00%        
Current contract area | km²                       18,750    
Area of 3D seismic required to be acquired (in square kilometers) | km²                         3,600  
Amount spent for work obligations                       $ 200,000,000    
Guinea's participating interest in development of discovery as percentage of costs, maximum (as a percent)                     15.00%      
Guinea's share of cost and profit oil (as a percent)                     62.50%      
Annual surface tax, obligated to pay (in dollars per square kilometers) | $ / km²                     2.00      
Extension of exploration period Additionally allowable to completion of appraisal of discovery made                 1 year          
Number of exploratory well in extension period | item                     1      
Minimum depth to be seabed | m                     2,500      
Notice period for termination (in days)                     30 days      
Estimated amount to limit cost recovery to share of expenditures                 $ 165,000,000   $ 165,000,000      
Agreed amount in training budget               $ 250,000     250,000      
Estimated amount of unused portion of training program               $ 200,000     221,000      
Maximum total budget                     120,000      
Estimated Unused portion of Budget                     $ 22,000      
Guinea Concession | Minimum                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Minimum depth to be reached to satisfy work requirement | m                   2,500        
Area of 3D seismic required to be acquired (in square kilometers) | km²                   2,000        
Guinea Concession | Subsequent Event                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Percentage of appraisal extension (as a percent)   100.00%                        
Appraisal period       2 years                    
Interval (in meters) | m     5                      
SAPETRO | Guinea Concession                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Ownership interest sold (as a percent)             50.00%              
Preliminary closing statement           $ 4,100,000                
Payment for legal settlement         $ 300,000                  
SAPETRO | Guinea Concession | Subsequent Event                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Settlement amount $ 4,924,000                          
SAPETRO | Guinea Concession | Farm-out Agreement                            
INVESTMENT IN OIL AND GAS PROPERTIES                            
Contract area retained (in square kilometers/square miles) | km²                           5,000
Ownership interest sold (as a percent)             50.00%              
Participation interest in joint venture (as a percent)             100.00%              
Estimated total drilling preparation cost             $ 4,400,000              
Settlement amount         $ 700,000                  
Additional participating interest (as a percent)                     2.00%      
Threshold amount for additional assigned 2% participating interest                     $ 1,000,000