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Asset Retirement Obligations (Tables)
6 Months Ended
Sep. 30, 2015
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Rollforward of Asset Retirement Obligations

The following table provides a rollforward of the AROs for the first six months of fiscal 2016:

 

Carrying amount of asset retirement obligations as of April 1, 2015   $ 1,240,216  
Liabilities incurred     3,570  
Liabilities settled     (4,857 )
Accretion expense     17,597  
Carrying amount of asset retirement obligations as of September 30, 2015     1,256,526  
Less: Current portion     10,000  
Non-Current asset retirement obligation   $ 1,246,526