CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2012
Cash flows from operating activities:
Net income (loss)	$ 301,113	$ (176,374)	$ 329,993
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Deferred income tax expense (benefit)	5,250	(31,504)	(27,960)
Stock-based compensation	152,448	138,303	120,124
Depreciation, depletion and amortization	1,151,482	1,100,425	996,205
Accretion of asset retirement obligations	44,366	39,376	36,251
Loss on derivative instruments	99,262
Changes in assets and liabilities, net of business combinations:
(Increase) decrease in accounts receivable	(90,901)	(117,123)	63,052
(Increase) decrease in prepaid expenses	(9,523)	(2,499)	47,697
Decrease (increase) in noncurrent assets	109,215	(116,454)
Increase in income tax payable	6,500
Increase (decrease) in accounts payable and accrued expenses	43,289	(17,358)	10,257
Net cash provided by operating activities	1,812,501	816,792	1,575,619
Cash flows from investing activities:
Additions to oil and gas properties	(2,150,478)	(1,300,151)	(1,642,449)
Acquisition of business		(1,150,000)
Additions to other property and equipment	(2,030)	(13,806)
Settlement of asset retirement obligations	(63,230)	(4,918)	(2,323)
Settlement of derivatives	(54,281)
Proceeds from sale of oil and gas properties and equipment	963,388	69,042	471,543
Net cash (used in) provided by investing activities	(1,306,631)	(2,399,833)	(1,173,229)
Cash flows from financing activities:
Acquisition of treasury stock		(15,547)	(22,780)
Proceeds from exercise of stock options	8,806	16,313	40,000
Reduction of long-term debt	(1,375,000)	(350,000)	(1,200,000)
Proceeds from long-term debt	850,000	1,600,000	1,100,000
Net cash provided by (used in) financing activities	(516,194)	1,250,766	(82,780)
Net (decrease) increase in cash and cash equivalents	(10,324)	(332,275)	319,610
Cash and cash equivalents at beginning of period	166,406	498,681	179,071
Cash and cash equivalents at end of period	156,082	166,406	498,681
Supplemental disclosure of cash flow information:
Cash paid for interest	67,170	49,158	27,920
Non-cash investing and financing activities:
Asset retirement obligations	134,113	114,003	53,468
Issuance of common stock in exchange for oil and gas properties
Fair value of assets		1,276,636
Cash paid		(1,150,000)
Liabilities assumed		$ 126,636