3. Other Current Assets

6 Months Ended

Sep. 30, 2014

Notes to Financial Statements

3. Other Current Assets

	09/30/14		03/31/14
	(Unaudited)
Drilling and completion cost prepayments	$	543,000	$	223,000
Prepaid income tax		289,000		379,000
Lease and well equipment inventory		253,000		310,000
Other current assets		49,000		40,000
Prepaid insurance premiums		40,000		91,000
Total other current assets	$	1,174,000	$	1,043,000