| Cash and cash equivalents |
28.24M |
| Certificates of deposit |
| Restricted cash from joint interest partner |
| Oil and natural gas sales |
| Joint interest partner |
| Income taxes |
| Other |
| Prepaid expenses and other current assets |
273.11K |
| Total current assets |
31.03M |
| Oil and natural gas properties - full-cost method of accounting, of which $2,167,513 and $2,940,199 at September 30, 2011 and June 30, 2011, respectively, were excluded from amortization. |
61.45M |
| Other property and equipment |
| Total property and equipment |
| Other assets |
| Total assets |
92.88M |
| Accounts payable |
2.51M |
| Joint interest advances |
| Accrued compensation |
| Royalties payable |
| Income taxes payable |
| Other current liabilities |
| Total current liabilities |
11.38M |
| Deferred income taxes |
12.44M |
| Asset retirement obligations |
772.18K |
| Deferred rent |
| Total liabilities |
24.59M |
| Commitments and contingencies (Note 9) |
0 |
| Stockholders' equity |
| Common stock; par value $0.001; 100,000,000 shares authorized: Issued 28,570,918 shares; outstanding 27,782,718 shares and 27,612,916 shares as of September 30, 2011 and June 30, 2011, respectively. |
33.05K |
| Additional paid-in capital |
| Retained earnings |
28.03M |
| Stockholders equity before treasury stock |
| Treasury stock, at cost, 788,200 shares as of September 30, 2011 and June 30, 2011. |
| Total stockholders' equity |
68.28M |
| Total liabilities and stockholders' equity |
92.88M |
| Stockholders' equity |
| Preferred stock, par value $0.001; 5,000,000 shares authorized: 8.5% Series A Cumulative Preferred Stock, 1,000,000 shares authorized, 282,255 shares issued and outstanding at September 30, 2011, with a liquidation preference of $25.00 per share. |
0 |
