Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Mar. 31, 2014
ASSETS
Cash and cash equivalents	$ 2,687,000	$ 2,671,000
Accounts receivable:
Oil and gas sales	4,058,000	3,895,000
Joint interest and other receivables net of allowance of ($15,000) at September 30, 2014 and March 31, 2014	321,000	758,000
Other current assets	1,174,000	1,043,000
Total current assets	8,240,000	8,367,000
Oil and gas properties, full cost method:
Proved properties	71,301,000	67,186,000
Unproved properties	643,000	773,000
Accumulated depletion and impairment	(33,769,000)	(31,496,000)
Net oil and gas properties	38,175,000	36,463,000
Support equipment and other non-current assets net of accumulated depreciation of ($469,000) and ($514,000), respectively	747,000	791,000
Total non-current assets	38,922,000	37,254,000
Total assets	47,162,000	45,621,000
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	1,278,000	430,000
Accrued liabilities	5,220,000	5,243,000
Total current liabilities	6,498,000	5,673,000
Long-term liabilities:
Long-term debt	7,000,000	9,000,000
Deferred tax liability	4,902,000	4,486,000
Asset retirement obligation, less current portion	2,170,000	2,068,000
Total long-term liabilities	14,072,000	15,554,000
Total liabilities	20,570,000	21,227,000
Shareholders' equity:
Preferred shares, $0.001 par value, 600,000 authorized and none issued or outstanding	0	0
Common shares, $0.001 par value, 6,400,000 shares authorized and 1,768,000 and 1,753,000 shares issued, respectively	18,000	18,000
Additional paid-in capital	23,525,000	23,436,000
Treasury stock, at cost, 15,000 and 24,000 shares, respectively	(460,000)	(458,000)
Retained earnings	3,509,000	1,398,000
Total shareholders' equity	26,592,000	24,394,000
Total liabilities and shareholders' equity	$ 47,162,000	$ 45,621,000