Annual report pursuant to Section 13 and 15(d)

Stock Based Compensation - Additional Information (Details)

v2.4.0.8
Stock Based Compensation - Additional Information (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Director
Jun. 30, 2014
2012 Stock Incentive Plan
Jan. 16, 2013
2012 Stock Incentive Plan
Dec. 08, 2010
1998 Stock Incentive Plan
Jan. 16, 2013
Restricted Stock Units (RSUs)
2012 Stock Incentive Plan
Jun. 30, 2014
Other Options
Jun. 30, 2014
In-the-money stock options
2012 Stock Incentive Plan
Jan. 16, 2013
In-the-money stock options
2012 Stock Incentive Plan
Jun. 30, 2014
Performance Based Options
Jun. 30, 2014
Performance Based Options
2012 Stock Incentive Plan
Jun. 30, 2014
Market Based Options
Jun. 30, 2014
Market Based Options
2012 Stock Incentive Plan
trading_day
Jun. 30, 2014
CO2-EOR Pilot Program at Poplar
2012 Stock Incentive Plan
Jun. 30, 2014
CO2-EOR Development Project at Poplar
2012 Stock Incentive Plan
Jun. 30, 2014
Sale of Substantially All of the Amadeus Basin Assets
2012 Stock Incentive Plan
Jun. 30, 2014
Approval of a Farmout Agreement or Participation in Drilling a Well in the Weald Basin
2012 Stock Incentive Plan
Jun. 30, 2014
Approval of a Farmout Agreement in the Bonaparte Basin
2012 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                                      
Number of shares authorized         5,000,000 288,435                          
Maximum number of shares allowed to be issued each year             500,000     1,000,000                  
Expiration term       10 years                              
Number of options 3,000,000 1,627,500   3,000,000       0     1,500,000 [1] 1,500,000 1,500,000 [2] 1,500,000          
Performance metrics weighted average                             10.00% 40.00% 20.00% 20.00% 10.00%
Per share closing price (usd per share)                           $ 2.35          
Number of consecutive trading days                           10          
Median stock price (usd per share)                           $ 2.35          
Market based or performance based options, not vested (in shares)                 2,175,000                    
Market based and performance based shares available for future issuance (in shares)                 365,107                    
Fair value of stock options vesting $ 1,200,000 $ 800,000                                  
Stock options exercised (in shares) 275,000 0                                  
Common shares from options exercised, net of shares withheld for tax obligations (in shares) 231,015                                    
Cash received from the exercise of stock options 201,000 0                                  
Share-based compensation expense 2,000,000 800,000                                  
Unrecognized stock compensation expense related to options granted $ 1,200,000                                    
Weighted average cost recognition period 1 year 8 months 12 days                                    
Additional options expected to vest 1,315,832                                    
Grants in period (in shares)     266,664                                
[1] The terms related to these PBOs were estimated using an average probabilistic weighted method.
[2] The Company assumed market based options will be voluntarily exercised at the midpoint of vesting, and the contractual term.