Condensed Consolidated Balance Sheets (USD $)	Mar. 31, 2014	Mar. 31, 2013
ASSETS
Cash and cash equivalents	$ 2,671,000	$ 2,180,000
Accounts receivable:
Oil and gas sales	3,895,000	2,753,000
Joint interest and other receivables, net of allowance of ($15,000) and ($38,000), respectively	758,000	630,000
Other current assets	1,043,000	814,000
Total current assets	8,367,000	6,377,000
Oil and gas property, full cost method:
Proved properties	67,186,000	53,265,000
Unproved properties	773,000	2,156,000
Accumulated depletion and impairment	(31,496,000)	(27,729,000)
Net oil and gas properties	36,463,000	27,692,000
Support equipment and other non-current assets, net of accumulated depreciation of ($514,000) and ($416,000), respectively	791,000	611,000
Total non-current assets	37,254,000	28,303,000
Total assets	45,621,000	34,680,000
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	430,000	1,631,000
Accrued liabilities	5,243,000	3,971,000
Total current liabilities	5,673,000	5,602,000
Long-term liabilities:
Long term debt	9,000,000	4,000,000
Deferred tax liability	4,486,000	2,971,000
Asset retirement obligation, less current portion	2,068,000	1,809,000
Total long-term liabilities	15,554,000	8,780,000
Total liabilities	21,227,000	14,382,000
Shareholders' Equity:
Preferred shares, $0.001 par value, 600,000 authorized and none issued or outstanding	0	0
Common shares, $0.001 par value, 6,400,000 shares authorized and 1,753,000 and 1,802,000 shares issued, respectively	18,000	18,000
Additional paid-in capital	23,436,000	23,278,000
Treasury stock, at cost, 24,000 and 82,000 shares, respectively	(458,000)	(457,000)
Accumulated earnings (deficit)	1,398,000	(2,541,000)
Total shareholders' equity	24,394,000	20,298,000
Total liabilities and shareholders' equity	$ 45,621,000	$ 34,680,000