D. Land, Property and Equipment (Tables)

6 Months Ended

Dec. 31, 2015

D. Land Property And Equipment Tables

Land, Property and Equipment

		June 30, 2015		Additions		December 31, 2015
Office furniture and equipment	$	51,300	$	-	$	51,300
Water disposal facility		2,219,200		1,700		2,220,900
Production equipment		514,400		-		514,400
		2,784,900		1,700		2,786,600
Less accumulation depreciation		(491,900)		(91,900)		(583,800)
Land and permit costs		1,645,600		5,100		1,650,700
Net book value	$	3,938,600	$	(85,100)	$	3,853,500