Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net (loss) income	$ (1,100,673)	$ 105,310
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Deferred income tax benefit	(513,331)	(7,903)
Stock-based compensation	71,897	64,153
Depreciation, depletion and amortization	868,630	623,511
Accretion of asset retirement obligations	$ 17,597	9,544
Gain on derivative instruments		$ (17,751)
Impairment of oil and gas properties	$ 833,789
Changes in assets and liabilities:
Decrease in accounts receivable	42,130	$ 35,375
Decrease (increase) in prepaid expenses	$ 15,077	(76,056)
Increase in noncurrent assets		(12,453)
Decrease in income taxes payable		(6,500)
Increase (decrease) in accounts payable and accrued expenses	$ 80,281	(8,889)
Net cash provided by operating activities	315,397	708,341
Cash flows from investing activities:
Additions to oil and gas properties	(786,625)	(826,473)
Additions to other property and equipment	(692)	(4,046)
Settlement of asset retirement obligations	$ (1,868)	(35,897)
Settlement of derivatives		(30,240)
Proceeds from sale of oil and gas properties and equipment	$ 137,532	12,219
Net cash used in investing activities	$ (651,653)	(884,437)
Cash flows from financing activities:
Reduction of long-term debt		(150,000)
Proceeds from long-term debt	$ 300,000	325,000
Net cash provided by financing activities	300,000	175,000
Net decrease in cash and cash equivalents	(36,256)	(1,096)
Cash and cash equivalents at beginning of period	96,084	156,082
Cash and cash equivalents at end of period	59,828	154,986
Supplemental disclosure of cash flow information:
Cash paid for interest	83,113	30,989
Non-cash investing and financing activities:
Asset retirement obligations	$ 3,570	$ 7,255