| Cost Incurred in Oil and Gas Property Acquisition, Exploration, and Development Activities Disclosure |
Costs incurred in oil and gas property acquisition, exploration, and development activities, whether capitalized or expensed, are summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
Australia |
|
United Kingdom |
|
Total |
|
(In thousands) |
Fiscal year ended June 30, |
|
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
|
Proved |
$ |
1,606 |
|
|
$ |
5,634 |
|
|
$ |
— |
|
|
$ |
7,240 |
|
Unproved |
945 |
|
|
3,787 |
|
|
— |
|
|
4,732 |
|
Exploration Costs |
2,192 |
|
|
1 |
|
|
5 |
|
|
2,198 |
|
Development Costs |
2,779 |
|
|
— |
|
|
— |
|
|
2,779 |
|
Total, including asset retirement obligation |
$ |
7,522 |
|
|
$ |
9,422 |
|
|
$ |
5 |
|
|
$ |
16,949 |
|
|
|
|
|
|
|
|
|
2011 |
|
|
|
|
|
|
|
Proved |
$ |
380 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
380 |
|
Unproved |
150 |
|
|
— |
|
|
— |
|
|
150 |
|
Exploration Costs |
762 |
|
|
976 |
|
|
3,023 |
|
|
4,761 |
|
Development Costs |
1,971 |
|
|
4 |
|
|
— |
|
|
1,975 |
|
Total, including asset retirement obligation |
$ |
3,263 |
|
|
$ |
980 |
|
|
$ |
3,023 |
|
|
$ |
7,266 |
|
|
|
|
|
|
|
|
|
2010 |
|
|
|
|
|
|
|
Proved |
$ |
13,456 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
13,456 |
|
Exploration Costs |
— |
|
|
714 |
|
|
1,127 |
|
|
1,841 |
|
Development Costs |
314 |
|
|
1,428 |
|
|
— |
|
|
1,742 |
|
Total, including asset retirement obligation |
$ |
13,770 |
|
|
$ |
2,142 |
|
|
$ |
1,127 |
|
|
$ |
17,039 |
|
|
| Schedule of Capitalized Costs of Unproved Properties Excluded from Amortization |
The net changes in capitalized costs that are currently not being depleted pending the determination of proved reserves can be summarized as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
Australia |
|
United Kingdom |
|
Total |
|
(In thousands) |
Fiscal year ended June 30, |
|
|
|
|
|
|
|
2012 |
|
|
|
|
|
|
|
Balance at beginning of year |
$ |
2,411 |
|
|
$ |
415 |
|
|
$ |
5,259 |
|
|
$ |
8,085 |
|
Additions to capitalized costs |
4,631 |
|
|
3,973 |
|
|
1,369 |
|
|
9,973 |
|
Assets sold or held for sale |
(150 |
) |
|
— |
|
|
— |
|
|
(150 |
) |
Reclassified to producing properties |
(3,772 |
) |
|
— |
|
|
— |
|
|
(3,772 |
) |
Charged to expense |
(1,297 |
) |
|
— |
|
|
(2,106 |
) |
|
(3,403 |
) |
Exchange adjustment |
— |
|
|
— |
|
|
102 |
|
|
102 |
|
Balance at end of year |
$ |
1,823 |
|
|
$ |
4,388 |
|
|
$ |
4,624 |
|
|
$ |
10,835 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
United States |
|
Australia |
|
United Kingdom |
|
Total |
|
(In thousands) |
2011 |
|
|
|
|
|
|
|
Balance at beginning of year |
$ |
314 |
|
|
$ |
415 |
|
|
$ |
3,576 |
|
|
$ |
4,305 |
|
Additions to capitalized costs |
2,406 |
|
|
— |
|
|
1,703 |
|
|
4,109 |
|
Assets sold or held for sale |
— |
|
|
— |
|
|
— |
|
|
— |
|
Reclassified to producing properties |
(277 |
) |
|
— |
|
|
— |
|
|
(277 |
) |
Charged to expense |
(32 |
) |
|
— |
|
|
36 |
|
|
4 |
|
Exchange adjustment |
— |
|
|
— |
|
|
(56 |
) |
|
(56 |
) |
Balance at end of year |
$ |
2,411 |
|
|
$ |
415 |
|
|
$ |
5,259 |
|
|
$ |
8,085 |
|
|
|
|
|
|
|
|
|
2010 |
|
|
|
|
|
|
|
Balance at beginning of year |
$ |
— |
|
|
$ |
3,487 |
|
|
$ |
3,154 |
|
|
$ |
6,641 |
|
Additions to capitalized costs |
314 |
|
|
— |
|
|
608 |
|
|
922 |
|
Assets sold or held for sale |
— |
|
|
(3,072 |
) |
|
— |
|
|
(3,072 |
) |
Reclassified to producing properties |
— |
|
|
— |
|
|
— |
|
|
— |
|
Charged to expense |
— |
|
|
— |
|
|
(232 |
) |
|
(232 |
) |
Exchange adjustment |
— |
|
|
— |
|
|
46 |
|
|
46 |
|
Balance at end of year |
$ |
314 |
|
|
$ |
415 |
|
|
$ |
3,576 |
|
|
$ |
4,305 |
|
|