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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net loss $ (531,358) $ (1,100,673)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Deferred income tax benefit (513,331)
Stock-based compensation 31,686 71,897
Depreciation, depletion and amortization 605,752 868,630
Accretion of asset retirement obligations 17,691 17,597
Impairment of oil and gas properties 833,789
Changes in assets and liabilities:    
(Increase) decrease in accounts receivable (103,613) 42,130
Decrease in prepaid expenses 26,312 15,077
Increase in noncurrent assets (25,219)
Increase in accounts payable and accrued expenses 119,046 80,281
Net cash provided by operating activities 140,297 315,397
Cash flows from investing activities:    
Additions to oil and gas properties (268,077) (786,625)
Additions to other property and equipment (692)
Settlement of asset retirement obligations (89,272) (1,868)
Drilling refund 75,808
Proceeds from sale of oil and gas properties and equipment 193,846 137,532
Net cash used in investing activities (87,695) (651,653)
Cash flows from financing activities:    
Reduction of long-term debt (60,000)
Proceeds from long-term debt 300,000
Net cash (used in) provided by financing activities (60,000) 300,000
Net decrease in cash and cash equivalents (7,398) (36,256)
Cash and cash equivalents at beginning of period 34,013 96,084
Cash and cash equivalents at end of period 26,615 59,828
Supplemental disclosure of cash flow information:    
Cash paid for interest 89,627 83,113
Non-cash investing and financing activities:    
Asset retirement obligations $ 3,614 $ 3,570