Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Operating revenue:
Oil and gas	$ 537,771	$ 790,335	$ 1,951,228	$ 2,784,932
Other	7,099	9,349	25,080	38,684
Total operating revenues	544,870	799,684	1,976,308	2,823,616
Operating expenses:
Production	286,519	377,438	869,091	1,014,786
Accretion of asset retirement obligation	8,797	$ 8,119	26,394	$ 17,663
Impairment of long-lived asset	2,150,621		2,984,410
Depreciation, depletion, and amortization	375,987	$ 353,158	1,244,617	$ 976,669
General and administrative	272,936	301,193	931,545	943,525
Total operating expenses	3,094,860	1,039,908	6,056,057	2,952,643
Operating loss	(2,549,990)	(240,224)	(4,079,749)	(129,027)
Other income (expenses):
Interest income	328	4	363	9
Interest expense	$ (43,413)	(29,077)	$ (127,693)	(60,623)
Gain on derivative instruments		80,120		97,871
Net other (expense) income	$ (43,085)	51,047	$ (127,330)	37,257
Loss before provision for income taxes	$ (2,593,075)	$ (189,177)	$ (4,207,079)	$ (91,770)
Income tax benefit:
Current
Deferred	$ (147,539)	$ (13,856)	$ (660,870)	$ (21,759)
Total	(147,539)	(13,856)	(660,870)	(21,759)
Net loss	$ (2,445,536)	$ (175,321)	$ (3,546,209)	$ (70,011)
Loss per common share:
Basic	$ (1.20)	$ (0.09)	$ (1.74)	$ (0.03)
Diluted	$ (1.20)	$ (0.09)	$ (1.74)	$ (0.03)
Weighted average common shares outstanding:
Basic	2,037,266	2,038,266	2,037,266	2,038,266
Diluted	2,037,266	2,038,266	2,037,266	2,038,266