v3.25.2
Property, Plant and Equipment & Natural Gas Properties (Tables)
 12 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Oil and Gas, Capitalized Exploratory Well Cost, Roll Forward
Natural gas properties
EP 161EP 136EP 76, 98 & 117Total
Balance as of July 1, 2023$23,718,277 $50,799,090 $88,868,604 $163,385,971 
Reclassification of environment security bond to other assets— (563,112)— (563,112)
Capital expenditure
— 616,440 51,303,075 51,919,515 
Restoration assets— — 72,433 72,433 
Interest on finance lease liability and related depreciation of ROU assets capitalized— — 14,539,059 14,539,059 
Effect of changes in foreign exchange rates
25,944 182,908 556,730 765,582 
Balance as of June 30, 202423,744,221 51,035,326 155,339,901 230,119,448 
Capital expenditure
1,180,592 314,586 101,440,779 102,935,957 
Restoration assets— — 523,732 523,732 
Interest on finance lease liability and related depreciation of ROU assets capitalized
— — 12,633,143 12,633,143 
Research and development tax credit— (6,168,698)— (6,168,698)
Effect of changes in foreign exchange rates
166,402 301,637 1,802,161 2,270,200 
Balance as of June 30, 2025$25,091,215 $45,482,851 $271,739,716 $342,313,782 
Property, Plant and Equipment
Depreciation is calculated on a straight-line basis over the expected useful lives of the asset as follows:
Leasehold improvements
Shorter of useful life (5 years) or unexpired period of lease term
The following table summarizes the carrying amounts of held property, plant and equipment, including leasehold improvements, as of June 30, 2025 and 2024:
June 30,
20252024
Leasehold improvements - at cost
$535,276 $567,296 
Sand Mining Permits292,918 — 
Total property, plant and equipment828,194 567,296 
Less: Accumulated depreciation
(520,455)(465,052)
Total plant and equipment - net
$307,739 $102,244