Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Operating revenue:
Oil and gas	$ 720,874	$ 987,942	$ 1,413,456	$ 1,994,597
Other	7,955	18,157	17,982	29,335
Total operating revenues	728,829	1,006,099	1,431,438	2,023,932
Operating expenses:
Production	284,995	326,571	582,573	637,349
Accretion of asset retirement obligation	8,813	$ 4,710	17,597	$ 9,544
Impairment of oil and gas properties	833,789		833,789
Depreciation, depletion, and amortization	450,648	$ 322,696	868,630	$ 623,511
General and administrative	244,863	291,994	658,609	642,330
Total operating expenses	1,823,108	945,971	2,961,198	1,912,734
Operating (loss) income	(1,094,279)	60,128	(1,529,760)	111,198
Other income (expenses):
Interest income	3	2	36	4
Interest expense	$ (43,415)	(15,776)	$ (84,280)	(31,546)
Gain on derivative instruments		51,380		17,751
Net other (expense) income	$ (43,412)	35,606	$ (84,244)	(13,791)
(Loss) earnings before provision for income taxes	$ (1,137,691)	$ 95,734	$ (1,614,004)	$ 97,407
Income tax (benefit) expense:
Current
Deferred	$ (361,384)	$ 9,478	$ (513,331)	$ (7,903)
Total	(361,384)	9,478	(513,331)	(7,903)
Net (loss) income	$ (776,307)	$ 86,256	$ (1,100,673)	$ 105,310
(Loss) income per common share:
Basic	$ (0.38)	$ 0.04	$ (0.54)	$ 0.05
Diluted	$ (0.38)	$ 0.04	$ (0.54)	$ 0.05
Weighted average common shares outstanding:
Basic	2,037,266	2,038,266	2,037,266	2,038,266
Diluted	2,037,266	2,053,158	2,037,266	2,054,003