2. Other Current Assets (Tables)

12 Months Ended

Mar. 31, 2014

Other Current Assets Tables

Other Current Assets

	2014		2013
Prepaid income tax	$	379,000	$	112,000
Lease and well equipment inventory		310,000		371,000
Drilling and completion cost prepayments		223,000		210,000
Prepaid insurance premiums		91,000		88,000
Other current assets		40,000		33,000
Total other current assets	$	1,043,000	$	814,000