ASSET RETIREMENT OBLIGATIONS

9 Months Ended

Dec. 31, 2019

Asset Retirement Obligation Disclosure [Abstract]

ASSET RETIREMENT OBLIGATIONS

NOTE 5  – ASSET RETIREMENT OBLIGATIONS

The following table presents the reconciliation of the beginning and ending aggregate carrying amounts of current and long-term obligations associated with the future retirement of oil and natural gas properties for the nine-month periods ended December 31, 2019 and 2018, respectively.

	2019			2018
Carrying amount at beginning of period	$	303,809		$	979,159
Accretion		2,920			4,725
Dispositions		—			(699,536	)
Revisions of previous estimates		(25,425	)		35,422
Carrying amount at end of period	$	281,304		$	319,770

Camber has short-term obligations of $239,167 and $0 related to the plugging liabilities at December 31, 2019 and March 31, 2019, respectively.