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3. Other Current Assets (Tables)
 3 Months Ended
Jun. 30, 2014
Other Current Assets Tables  
Other Current Assets
    06/30/14     03/31/14  
    (Unaudited)        
Prepaid income tax   $ 373,000     $ 379,000  
Lease and well equipment inventory     310,000       310,000  
Other current assets     73,000       40,000  
Drilling and completion cost prepayments     71,000       223,000  
Prepaid insurance premiums     60,000       91,000  
Total other current assets   $ 887,000     $ 1,043,000