11. Oil And Gas Properties (Tables)

12 Months Ended

Mar. 31, 2014

Oil And Gas Properties Tables

Capitalized costs related to oil and gas property

	2014			2013
Proved properties	$	67,186,000		$	53,265,000
Unproved properties		773,000			2,156,000
Less accumulated depletion and impairment		(31,496,000	)		(27,729,000	)
Total oil and gas properties, net	$	36,463,000		$	27,692,000

Oil and gas property costs applicable to unproved property excluded from the full cost pool depletion computation

							Total
	Exploration		Development		Acquisition		Unproved
Costs Incurred During Year Ended	Costs		Costs		Costs		Property
March 31, 2014	$	-	$	-	$	224,000	$	244,000
March 31, 2013		-		-		443,000		443,000
Prior Years		-		-		106,000		106,000
Total	$	-	$	-	$	773,000	$	773,000

Costs incurred in oil and gas property development

	2014		2013
Development costs	$	12,342,000	$	13,077,000
Exploration costs		488,000		-
Acquisitions:
Proved		-		-
Unproved		-		823,000
Total costs of development, exploration and acquisition activities	$	12,830,000	$	13,900,000