Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net loss	$ (694,553)	$ (3,979,685)	$ (340,986)
Adjustments to reconcile net loss to net cash provided by operating activities:
Deferred income tax benefit		(660,870)	(197,499)
Stock-based compensation	52,864	116,953	153,386
Depreciation, depletion and amortization	1,177,422	1,572,738	1,362,862
Accretion of asset retirement obligations	35,743	35,155	27,932
Gain on derivative instruments			(102,069)
Impairment of oil and gas properties		2,984,410
Changes in assets and liabilities, net of business combination:
(Increase) decrease in accounts receivable	(117,133)	171,044	197,173
Decrease (increase) in prepaid expenses	6,959	1,334	(15,814)
Increase in noncurrent assets	(25,219)
Decrease in income tax payable			(6,500)
(Decrease) increase in accounts payable and accrued expenses	(124,002)	(65,577)	98,494
Net cash provided by operating activities	312,081	175,502	1,176,979
Cash flows from investing activities:
Additions to oil and gas properties	(802,311)	(1,138,106)	(4,777,979)
Additions to other property and equipment		(693)	(12,436)
Settlement of asset retirement obligations	(104,369)	(51,632)	(39,352)
Drilling refunds	82,922
Settlement of derivatives			57,089
Proceeds from sale of oil and gas properties and equipment	3,231,115	1,322,858	15,710
Net cash provided by (used in) investing activities	2,407,357	132,427	(4,756,968)
Cash flows from financing activities:
Acquisition of treasury stock			(5,009)
Reduction of long-term debt	(2,680,000)	(770,000)	(150,000)
Proceeds from long-term debt		400,000	3,675,000
Net cash (used in) provided by financing activities	(2,680,000)	(370,000)	3,519,991
Net increase (decrease) in cash and cash equivalents	39,438	(62,071)	(59,998)
Cash and cash equivalents at beginning of period	34,013	96,084	156,082
Cash and cash equivalents at end of period	73,451	34,013	96,084
Supplemental disclosure of cash flow information:
Cash paid for interest	156,142	167,885	91,264
Income taxes paid			13,032
Non-cash investing and financing activities:
Asset retirement obligations	$ 8,753	$ 5,844	$ 274,148