CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Sep. 30, 2013	Mar. 31, 2013
ASSETS
Cash and cash equivalents	$ 222,630	$ 166,406
Accounts receivable:
Oil and gas sales	703,103	538,971
Trade	16,240	16,370
Prepaid costs and expenses	73,009	19,281
Total current assets	1,014,982	741,028
Property and equipment, at cost
Oil and gas properties, using the full cost method	34,189,576	34,309,328
Other	93,257	92,326
Accumulated depreciation, depletion and amortization	(17,917,213)	(17,323,692)
Property and equipment, net	16,365,620	17,077,962
Other noncurrent assets	53,437	116,454
Total Assets	17,434,039	17,935,444
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses	326,873	431,848
Derivative instruments	50,300
Total current liabilities	377,173	431,848
Long-term debt	2,225,000	2,950,000
Asset retirement obligations	795,203	763,412
Derivative instruments - long term	6,316
Deferred income tax liabilities	800,942	853,199
Total liabilities	4,204,634	4,998,459
Stockholders' equity
Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding
Common stock - $0.50 par value; 40,000,000 shares authorized; 2,102,866 shares issued and 2,036,866 shares outstanding as of September 30, 2013 and March 31, 2013	1,051,433	1,051,433
Additional paid-in capital	6,843,329	6,761,091
Retained earnings	5,675,635	5,465,453
Treasury stock, at cost (66,000 shares)	(340,992)	(340,992)
Total stockholders' equity	13,229,405	12,936,985
Total liabilities and stockholders' equity	$ 17,434,039	$ 17,935,444