3. Accrued Liabilities

9 Months Ended

Dec. 31, 2012

Notes to Financial Statements

3. Accrued Liabilities

3. Accrued Liabilities

	12/31/12		03/31/12
	(Unaudited)
Accrued operations payable	$	2,176,000	$	1,472,000
Accrued compensation		341,000		445,000
Accrued income tax payable and other		263,000		393,000
Revenue and production taxes payable		116,000		167,000
Short term asset retirement obligation		303,000		133,000
Total accrued liabilities	$	3,199,000	$	2,610,000