E. Property and Equipment

6 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment, net at December 31, 2016 and June 30, 2016 consist of the following:

		June 30, 2016		Additions		December 31, 2016
Office furniture and equipment	$	51,300	$	-	$	51,300
Water disposal facility		2,220,900		1,000		2,221,900
Production equipment		514,400		-		514,400
		2,786,600		1,000		2,787,600
Less accumulation depreciation		(675,600)		(91,800)		(767,400)
Net book value	$	2,111,000	$	(90,800)	$	2,020,200