Condensed Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net income	$ 3,939,000	$ 1,780,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depletion and depreciation	3,881,000	2,017,000
Deferred income tax expense	1,515,000	240,000
Accretion of asset retirement obligation	202,000	177,000
Share-based compensation	158,000	170,000
Amortization of deferred financing costs	13,000	2,000
Change in:
Accounts receivable, net	(1,270,000)	(904,000)
Other current assets	(501,000)	(74,000)
Accounts payable and accrued liabilities	(1,496,000)	459,000
Net cash provided by operating activities	6,441,000	3,867,000
Cash flows from investing activities:
Oil and gas properties	(10,934,000)	(12,243,000)
Proceeds from sale of oil and gas property and equipment	292,000	0
Purchases of support equipment and other non-current assets	(261,000)	(174,000)
Net cash used in investing activities	(10,903,000)	(12,417,000)
Cash flows from financing activities:
Borrowings on long term debt	5,000,000	4,000,000
Deferred financing fees	(46,000)	(48,000)
Purchase of treasury shares	(1,000)	0
Net cash provided by financing activities	4,953,000	3,952,000
Cash and cash equivalents:
Net increase (decrease) in cash and cash equivalents	491,000	(4,598,000)
Cash and cash equivalents, beginning of year	2,180,000	6,778,000
Cash and cash equivalents, end of period	2,671,000	2,180,000
Supplemental disclosure of cash flow information:
Cash paid for interest	154,000	15,000
Cash paid for income tax	1,000	341,000
Non-cash:
Increase in oil and gas property due to asset retirement obligation	85,000	102,000
Accrued capital expenditures	1,539,000	1,546,000
Prepaid capital expenditures	$ 272,000	$ 9,000