CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2015	Mar. 31, 2015
Current assets
Cash and cash equivalents	$ 156,545	$ 96,084
Accounts receivable:
Oil and gas sales	418,126	384,485
Trade	52,997	64,584
Prepaid costs and expenses	36,423	44,618
Total current assets	664,091	589,771
Property and equipment, at cost
Oil and gas properties, using the full cost method	41,213,956	40,563,443
Other	106,792	106,792
Accumulated depreciation, depletion and amortization	(20,256,018)	(19,838,036)
Property and equipment, net	21,064,730	20,832,199
Other noncurrent assets	47,135	48,980
Total Assets	21,775,956	21,470,950
Current liabilities
Accounts payable and accrued expenses	952,334	423,121
Long-term debt	6,150,000	5,950,000
Asset retirement obligations	1,241,073	1,230,216
Deferred income tax liabilities	508,923	660,870
Total liabilities	$ 8,852,330	$ 8,264,207
Commitments and contingencies
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; 2,104,266 shares issued and 2,037,266 shares outstanding as of June 30, 2015 and March 31, 2015	$ 1,052,133	$ 1,052,133
Additional paid-in capital	7,116,280	7,075,031
Retained earnings	5,101,214	5,425,580
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	12,923,626	13,206,743
Total liabilities and stockholders' equity	$ 21,775,956	$ 21,470,950