Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2015	Mar. 31, 2015
Current assets
Cash and cash equivalents	$ 59,828	$ 96,084
Accounts receivable:
Oil and gas sales	392,036	384,485
Trade	14,903	64,584
Prepaid costs and expenses	29,541	44,618
Total current assets	496,308	589,771
Property and equipment, at cost
Oil and gas properties, using the full cost method	41,293,845	40,563,443
Other	107,484	106,792
Accumulated depreciation, depletion and amortization	(21,540,455)	(19,838,036)
Property and equipment, net	19,860,874	20,832,199
Other noncurrent assets	41,018	48,980
Total assets	20,398,200	21,470,950
Current liabilities
Accounts payable and accrued expenses	576,168	423,121
Long-term debt	6,250,000	5,950,000
Asset retirement obligations	1,246,526	1,230,216
Deferred income tax liabilities	147,539	660,870
Total liabilities	$ 8,220,233	$ 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 September 30, 2015 and March 31, 2015	$ 1,052,133	$ 1,052,133
Additional paid-in capital	7,146,928	7,075,031
Retained earnings	4,324,907	5,425,580
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	12,177,967	13,206,743
Total liabilities and stockholders' equity	$ 20,398,200	$ 21,470,950