CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	9 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:
Net income (loss)	$ 298,841	$ (102,034)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred income tax benefit	(42,783)	(150,083)
Stock-based compensation	119,318	115,502
Depreciation, depletion and amortization	871,079	774,814
Accretion of asset retirement obligations	33,011	28,822
Change in fair value of derivative instruments	79,284
Other	(2,655)	(1,466)
Changes in assets and liabilities:
Increase in accounts receivable	(211,598)	(95,338)
Increase in prepaid expenses	(28,541)	(72,185)
Decrease in non-current assets	46,778
(Decrease) increase in accounts payable and accrued expenses	(25,577)	5,327
Net cash provided by operating activities	1,137,157	503,359
Cash flows from investing activities:
Additions to oil and gas properties	(988,955)	(1,018,346)
Acquisition of business		(1,150,000)
Additions to other property and equipment	(1,218)	(13,806)
Settlement of derivatives	(41,261)
Proceeds from sale of oil and gas properties and equipment	963,344	68,974
Net cash used in investing activities	(68,090)	(2,113,178)
Cash flows from financing activities:
Proceeds from exercise of stock options		16,313
Reduction of long-term debt	(1,025,000)	(250,000)
Proceeds from long-term debt		1,450,000
Net cash (used in) provided by financing activities	(1,025,000)	1,216,313
Net increase (decrease) in cash and cash equivalents	44,067	(393,506)
Cash and cash equivalents at beginning of period	166,406	498,681
Cash and cash equivalents at end of period	210,473	105,175
Supplemental disclosure of cash flow information:
Cash paid for interest	55,630	31,752
Income taxes paid
Non-cash investing and financing activities:
Asset retirement obligations	13,057	23,130
Fair value of assets		1,277,106
Cash paid		1,150,000
Liabilities assumed		$ 127,106