CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Common Stock	Preferred Stock [Member]	Additional Paid In Capital	Accumulated Deficit	Common Stock Held in Treasury	Total
Balance, beginning at Mar. 31, 2010	$ 12,837		$ 20,639,247	$ (2,783,909)	$ (49,159)	$ 17,819,016
Balance, beginning, shares at Mar. 31, 2010	12,837,220
Shares issued for:
Unit Offering	2,511		5,400,789			5,403,300
Unit Offering, shares	2,510,506
At-The-Market Offering	778		1,208,523			1,209,301
At-The-Market Offering, shares	778,170
Warrants Exercise and modifications	45		44,955			45,000
Warrants Exercise and modification, shares	45,000
Property Acquisitions	285		502,920			503,205
Property Acquisitions, shares	284,788
Property Sale Commission	40		38,717			38,757
Property Sale Commission, shares	39,502
Share-Based Compensation	232		450,591			450,823
Share-Based Compensation, shares	232,527
Amortization of stock options			175,497			175,497
Net loss				(4,520,282)		(4,520,282)
Balance, ending at Mar. 31, 2011	16,728		28,461,239	(7,304,191)	(49,159)	21,124,617
Balance, ending, shares at Mar. 31, 2011	16,727,713
Shares issued for:
Warrants Exercise and modifications	2,511		6,051,138			6,053,649
Warrants Exercise and modification, shares	2,510,506
Property Acquisitions	150	8,262,354	440,850			8,703,354
Property Acquisitions, shares	150,000	4,824
Share-Based Compensation	68		136,050			136,118
Share-Based Compensation, shares	68,438
Accrued liability retirement	125		498,625			498,750
Accrued liability retirement, shares	125,000
Amortization of stock options			203,443			203,443
Net loss				(7,601,482)		(7,601,482)
Balance, ending at Mar. 31, 2012	$ 19,582	$ 8,262,354	$ 35,791,345	$ (14,905,673)	$ (49,159)	$ 29,118,449
Balance, ending, shares at Mar. 31, 2012	19,581,657	4,824