Annual report pursuant to Section 13 and 15(d)

Related Party Transactions (Details)

v2.4.0.6
Related Party Transactions (Details)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Jun. 30, 2012
General and Administrative Expense
USD ($)
Jun. 30, 2012
Interest Expense
USD ($)
Jul. 22, 2011
Evans Shoal
AUD
Jun. 30, 2012
US Federal Tax Withholding
USD ($)
Mar. 31, 2012
US Federal Tax Withholding
USD ($)
Jun. 30, 2012
US Federal Tax Withholding
Accrued and Other Liabilities
USD ($)
Jun. 30, 2012
US Federal Tax Withholding, Interest
Accrued and Other Liabilities
USD ($)
Feb. 17, 2011
Young Energy Prize S.A. (YEP)
USD ($)
Aug. 05, 2010
Young Energy Prize S.A. (YEP)
USD ($)
Jul. 09, 2009
Young Energy Prize S.A. (YEP)
AUD
Feb. 09, 2009
Young Energy Prize S.A. (YEP)
AUD
Jun. 30, 2012
Young Energy Prize S.A. (YEP)
USD ($)
Jul. 09, 2009
Young Energy Prize S.A. (YEP)
Feb. 09, 2009
Young Energy Prize S.A. (YEP)
USD ($)
Aug. 05, 2010
Young Energy Prize S.A. (YEP)
Maximum
Mar. 31, 2012
Young Energy Prize S.A. (YEP)
US Federal Tax Withholding
USD ($)
Jun. 30, 2012
Young Energy Prize S.A. (YEP)
US Federal Tax Withholding, Penalties and Interest
Accrued and Other Liabilities
USD ($)
Mar. 31, 2012
White Bear, LLC
US Federal Tax Withholding
USD ($)
Oct. 31, 2009
Nautilus Poplar, LLC (NP)
owner
Mar. 31, 2012
Nautilus Poplar, LLC (NP)
US Federal Tax Withholding
USD ($)
Jun. 30, 2012
Mr. Bogachev
USD ($)
Jun. 30, 2012
Mr. Bogachev
US Federal Tax Withholding
USD ($)
Jun. 30, 2012
Mr. Bogachev
US Federal Tax Withholding
Accrued and Other Liabilities
USD ($)
Jun. 30, 2012
J. Thomas Wilson
USD ($)
Jun. 30, 2011
J. Thomas Wilson
USD ($)
Jun. 30, 2010
J. Thomas Wilson
USD ($)
Jun. 30, 2012
J. Robinson West
USD ($)
Jun. 30, 2011
J. Robinson West
USD ($)
Jun. 30, 2010
J. Robinson West
USD ($)
Related Party Transaction [Line Items]                                                          
Sale of Stock, Number of Shares Issued in Transaction                     8,695,652       5,200,000                            
Sale of Stock, Par or Stated Value Per Share                           $ 0.01                              
Sale of Stock, Price Per Share                 $ 3         $ 1.15                              
Noncash Expense                       $ 4,300,000                                  
Sale of Stock, Consideration Received on Transaction               15,600,000 15,600,000 10,000,000 10,000,000                                    
Class of Warrant or Right, Outstanding                         4,347,826                                
Class of Warrant or Right, Exercise Price of Warrants or Rights                         1.20                                
Loss Contingency, Estimate of Possible Loss       1,300,000 100,000                     600,000   1,300,000   2,000,000   300,000              
Loss Contingency, Additional Compensation                                         300,000                
Business Acquisition, Percentage of Membership Interests Acquire                                     83.50%                    
Number of Majority Owners                                     2                    
Loss Contingency Accrual, at Carrying Value           1,000,000 100,000                   600,000           300,000            
Loss Contingency, Loss in Period 900,000 100,000                                                      
Disposal Group, Refund Received for Deposit     10,000,000                                                    
Related Party Transaction, Funding Received               85,500,000                                          
Rent Expense                                               72,000 72,000 52,000      
Professional Fees                                               59,000 100,000 36,000 64,000    
Accounts Payable, Related Parties, Current                                                       49,000  
Professional Fees, Amount Paid                                                       400,000  
Professional Fees, Portion of Amount Paid Expensed in Prior Fiscal Year                                                         $ 200,000