Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Oil and gas sales	$ 5,214,000	$ 3,582,000
Well service and water-disposal revenue	24,000	13,000
Total revenues	5,238,000	3,595,000
Expenses:
Oil and gas production	1,019,000	835,000
Production tax	473,000	309,000
Well service and water-disposal	19,000	37,000
Depletion and depreciation	1,145,000	786,000
Accretion of asset retirement obligation	53,000	49,000
General and administrative	1,258,000	693,000
Total expenses	3,967,000	2,709,000
Income from operations	1,271,000	886,000
Other income (expense):
Interest and other income	4,000	8,000
Interest and other expenses	(61,000)	(33,000)
Total other income (expense)	(57,000)	(25,000)
Income before income tax	1,214,000	861,000
Current income tax expense	6,000	27,000
Deferred income tax expense	211,000	141,000
Total income tax expense	217,000	168,000
Net income	$ 997,000	$ 693,000
Per share amounts:
Basic	$ 0.58	$ 0.40
Diluted	$ 0.58	$ 0.40
Weighted average common shares outstanding:
Basic	1,719,042	1,710,829
Diluted	1,724,512	1,710,829