Annual report pursuant to Section 13 and 15(d)

Acquisitions and Divestitures - Purchase Price Allocation and Other Disclosures (Details)

v2.4.0.8
Acquisitions and Divestitures - Purchase Price Allocation and Other Disclosures (Details)
12 Months Ended 0 Months Ended 12 Months Ended
Jun. 30, 2013
USD ($)
Jun. 30, 2012
USD ($)
Jun. 30, 2013
AUD
Sep. 02, 2011
USD ($)
Sep. 06, 2011
Lease Purchase and Sale and Participation Agreement with VAALCO Energy
USD ($)
Jun. 30, 2013
Santos Sales Agreement
USD ($)
Jun. 30, 2013
Nautilus Purchase and Sale Agreement (PSA)
USD ($)
Jun. 30, 2012
Nautilus Purchase and Sale Agreement (PSA)
USD ($)
Sep. 23, 2011
Nautilus Purchase and Sale Agreement (PSA)
Sep. 02, 2011
Nautilus Purchase and Sale Agreement (PSA)
USD ($)
Sep. 02, 2011
NT non-controlling interest in NP
USD ($)
Sep. 02, 2011
NT working interest in Poplar
USD ($)
Sep. 02, 2011
ER non-controlling interest in NP
USD ($)
Sep. 02, 2011
Maximum
Nautilus Purchase and Sale Agreement (PSA)
USD ($)
Sep. 02, 2011
J. Thomas Wilson
Nautilus Purchase and Sale Agreement (PSA)
May 25, 2012
Mereenie Operating Joint Venture
Santos Sales Agreement
May 25, 2012
Mereenie Pipeline Joint Venture
Santos Sales Agreement
May 25, 2012
Palm Valley Joint Venture
Santos Sales Agreement
May 25, 2012
Dingo Joint Venture
Santos Sales Agreement
Jul. 22, 2011
Evans Shoal
AUD
Jun. 30, 2011
Evans Shoal
Disposal Group, Other Information [Abstract]                                          
Ownership percentage                                         40.00%
Refund received for deposit                                       10,000,000  
Ownership interest sold                               35.00% 35.00%        
Ownership interest sold by third party                                   48.00% 66.00%    
Contingent consideration arrangement, maximum     17,500,000.0                                    
Written off related to sale of business unit 0 2,521,000                                      
Working interest sold         65.00%                                
Disposal Group, Cost of Disposed Entity [Abstract]                                          
Net purchase price per Santos SA         5,000,000 25,493,000                              
Purchase price adjustments           1,138,000                              
Total           26,631,000                              
Disposal Group, Consideration Received Allocation [Abstract]                                          
Proved oil and gas properties (Palm Valley)           3,403,000                              
Unproved oil and gas properties (Dingo)           2,957,000                              
Land, buildings, and equipment (Palm Valley)           370,000                              
Total allocation of the fair value received           6,730,000                              
Mereenie liabilities given up, net (including basis in properties exchanged and allocated goodwill)           2,805,000                              
Net book value allocated to Deep Intervals         (829,000)                                
Transaction costs         (162,000)                                
Gain on sale of assets         4,009,000 36,166,000                              
Business Acquisition, Cost of Acquired Entity [Abstract]                                          
Cash consideration       4,000,000 [1]           4,000,000 1,920,000 [1] 823,000 [1] 1,257,000 [1]                
Share consideration       1,822,000 [1],[2]           2,000,000 907,000 [1],[2] 389,000 [1],[2] 526,000 [1],[2]                
Fair value of contingent consideration payable       4,151,000 [1]             1,993,000 [1] 854,000 [1] 1,304,000 [1] 5,000,000              
Total       9,973,000 [1]             4,820,000 [1] 2,066,000 [1] 3,087,000 [1]                
Share Consideration Paid, Par Value                   $ 0.01                      
Share Consideration Paid, Shares                 1,182,742                        
Related Party Interest in Cash Consideration Paid                             52.00%            
Contingent consideration payable 3,940,000 4,072,000         3,940,000 4,072,000                          
Share Consideration Paid, Per Share                   $ 1.54                      
Business Acquisition, Purchase Price Allocation [Abstract]                                          
Oil and gas assets (proved)       1,462,000                                  
Oil and gas assets - Deep Intervals (unproved)       679,000                                  
ARO liability       (75,000)                                  
Total       $ 2,066,000                                  
Share price       $ 1.54                                  
[1] Excludes transaction costs.
[2] Common stock valued at $1.54 per share closing price on the date of the transaction.