CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Operating revenues:
Oil and gas	$ 810,655	$ 783,990	$ 1,715,995	$ 1,616,000
Other	5,106	4,649	8,860	9,032
Total operating revenues	815,761	788,639	1,724,855	1,625,032
Operating expenses:
Production	236,330	253,138	464,232	621,365
Accretion of asset retirement obligation	8,698	8,544	17,736	16,974
Depreciation, depletion, and amortization	234,006	267,691	479,180	519,186
General and administrative	225,261	199,544	495,561	447,683
Total operating expenses	704,295	728,917	1,456,709	1,605,208
Operating income	111,466	59,722	268,146	19,824
Other income (expenses):
Interest income	92	22	94	26
Interest expense	(5,961)	(6,857)	(16,881)	(10,196)
Net other expense	(5,869)	(6,835)	(16,787)	(10,170)
Income before provision for income taxes	105,597	52,887	251,359	9,654
Income tax expense (benefit):
Current	58,442	33,998	129,738	33,998
Deferred	(32,117)	(51,151)	(62,036)	(100,160)
TOTAL	26,325	(17,153)	67,702	(66,162)
Net income	$ 79,272	$ 70,040	$ 183,657	$ 75,816
Earnings per common share:
Basic	$ 0.04	$ 0.04	$ 0.09	$ 0.04
Diluted	$ 0.04	$ 0.04	$ 0.09	$ 0.04
Weighted average common shares outstanding:
Basic	2,029,926	1,935,199	2,029,938	1,928,711
Diluted	2,036,476	1,945,893	2,041,269	1,946,420