Condensed Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012	Dec. 31, 2011
Revenues:
Oil and gas sales	$ 2,752,000	$ 3,830,000	$ 7,672,000	$ 8,815,000
Well service and water disposal revenue	82,000	36,000	318,000	121,000
Total revenues	2,834,000	3,866,000	7,990,000	8,936,000
Expenses:
Oil and gas production	866,000	983,000	2,523,000	2,610,000
Production tax	239,000	350,000	697,000	688,000
Well service and water disposal	18,000	0	60,000	0
Depletion and depreciation	577,000	363,000	1,332,000	788,000
Accretion of asset retirement obligation	43,000	43,000	130,000	125,000
General and administrative	669,000	473,000	1,977,000	1,422,000
Total expenses	2,412,000	2,212,000	6,719,000	5,633,000
Income from operations	422,000	1,654,000	1,271,000	3,303,000
Other income (expense):
Interest and other income	51,000	1,000	59,000	68,000
Interest and other expenses	(2,000)	0	(3,000)	(3,000)
Total other income	49,000	1,000	56,000	65,000
Income before income tax	471,000	1,655,000	1,327,000	3,368,000
Current income tax expense	14,000	34,000	40,000	129,000
Deferred income tax expense	87,000	469,000	161,000	694,000
Total income tax expense	101,000	503,000	201,000	823,000
Net income	$ 370,000	$ 1,152,000	$ 1,126,000	$ 2,545,000
Per share amounts:
Basic	$ 0.22	$ 0.68	$ 0.65	$ 1.49
Diluted	$ 0.22	$ 0.68	$ 0.65	$ 1.49
Weighted average common shares outstanding:
Basic	1,720,712	1,706,588	1,720,712	1,710,035
Diluted	1,720,712	1,706,588	1,720,712	1,710,035