Quarterly report pursuant to Section 13 or 15(d)

Oil and Gas Activities

v2.4.0.8
Oil and Gas Activities
 6 Months Ended
Dec. 31, 2013
Oil and Gas Exploration and Production Industries Disclosures [Abstract]  
Oil and Gas Activities
Note 11 - Oil and Gas Activities
The following table presents the capitalized costs under the successful efforts method for oil and gas properties as of:
 
December 31,
2013
 
June 30,
2013
 
(In thousands)
Proved oil and gas properties:
 
 
 
United States
$
28,039

 
$
27,606

Australia
7,833

 
7,771

Less accumulated depletion, depreciation, and amortization
(6,216
)
 
(5,814
)
Total net proved oil and gas properties
$
29,656

 
$
29,563

 
 
 
 
Unproved oil and gas properties:
 
 
 
United Kingdom
$
1,103

 
$
1,075

United States
269

 
261

Australia
3,866

 
3,976

Total unproved oil and gas properties
$
5,238

 
$
5,312

 
 
 
 
Wells in Progress:
 
 
 
United Kingdom
$
956

 
$
688

United States (1)
13,503

 
235

Total wells in progress
$
14,459

 
$
923

(1) The Company began implementing a CO2-enhanced oil recovery pilot project at NP in the first quarter of fiscal year 2014.