CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2014	Dec. 31, 2013
Operating revenues:
Oil and gas	$ 790,335	$ 948,633	$ 2,784,932	$ 3,041,004
Other	9,349	13,393	38,684	38,993
Total operating revenues	799,684	962,026	2,823,616	3,079,997
Operating expenses:
Production	377,438	291,828	1,014,786	913,418
Accretion of asset retirement obligations	8,119	11,074	17,663	33,011
Depreciation, depletion, and amortization	353,158	277,557	976,669	871,079
General and administrative	301,193	275,489	943,525	873,573
Total operating expenses	1,039,908	855,948	2,952,643	2,691,081
Operating (loss) income	(240,224)	106,078	(129,027)	388,916
Other income (expenses):
Interest income	4	4	9	111
Interest expense	(29,077)	(15,353)	(60,623)	(53,685)
Gain (loss) on derivative instruments	80,120	7,404	97,871	(79,284)
Net other income (expense)	51,047	(7,945)	37,257	(132,858)
(Loss) earnings before provision for income taxes	(189,177)	98,133	(91,770)	256,058
Income tax (benefit) expense:
Current	0	0	0	0
Deferred	(13,856)	9,474	(21,759)	(42,783)
TOTAL	(13,856)	9,474	(21,759)	(42,783)
Net (loss) income	$ (175,321)	$ 88,659	$ (70,011)	$ 298,841
(Loss) earnings per share:
Basic	$ (0.09)	$ 0.04	$ (0.03)	$ 0.15
Diluted	$ (0.09)	$ 0.04	$ (0.03)	$ 0.15
Weighted average common shares outstanding:
Basic	2,038,266	2,036,866	2,038,266	2,036,866
Diluted	2,038,266	2,043,372	2,038,266	2,040,324