Subsequent Events	12 Months Ended
Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	17. Subsequent Events In the first quarter of fiscal 2018, the Company sold for a total consideration of $460,461 leasehold interests in 137.01 net acres in the Scoop-Stack areas of Canadian and Grady Counties, Oklahoma. Of the total proceeds, $410,000 was applied to reduce bank indebtedness. In May 2017, we participated in the drilling of 2 horizontal wells in the Delaware Basin of Lea County, New Mexico at a cost of $165,600. Mexco’s working interest in these wells is .6%.

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI http://asc.fasb.org/topic&trid=2122774

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