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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Net Operating Revenues    
Crude Oil $ 93,699 $ 200,069
Natural Gas 7,204 473,513
Natural Gas Liquids 20,448 1,021,114
Total Revenues 121,351 1,694,696
Operating Expenses    
Lease Operating Expenses 123,557 1,411,667
Severance and Property Taxes 2,574 82,760
Depreciation, Depletion, Amortization, and Accretion 4,242 327,200
Impairment of Oil and Gas Properties   531,657
General and Administrative 1,331,991 1,883,049
Total Operating Expenses 1,462,364 4,236,333
Operating Loss (1,341,013) (2,541,637)
Other Expense (Income)    
Interest Expense 847 965,296
Other Expense (Income), Net (54,262) 5,164
Total Other (Income) Expenses (53,415) 970,460
Net Loss $ (1,287,598) $ (3,512,097)
Net Loss Per Common Share    
Basic and Diluted $ (4.13) $ (277.10)
Weighted Average Number of Common Shares Outstanding    
Basic and Diluted 767,389 15,202