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Subsequent Events
6 Months Ended
Sep. 30, 2015
Subsequent Events [Abstract]  
Subsequent Events

12. Subsequent Events

 

On November 11, 2015, the Company made a three year term assignment of a leasehold interest in 320 net acres (640 gross acres) in Upton County, Texas to an independent operator in return for payment to Mexco of $2,000 per acre for a total of $640,000. Mexco retained a 1% overriding royalty interest in this acreage.