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2. Other Current Assets (Details) (USD $)
Mar. 31, 2014
Mar. 31, 2013
Other Current Assets Details    
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