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- Definition

Estimated proved oil and gas reserves rate.

+ References

No definition available.

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- Definition

Percentage of estimated proved reserves of natural gas.

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No definition available.

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- Definition

Percentage of estimated proved reserves of oil and natural gas liquids.

+ References

No definition available.

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The number of nonproductive development wells (dry wells) drilled in the geographic area. A dry well (hole) is a well found to be incapable of producing either oil or gas in sufficient quantities to justify completion as an oil or gas well. The number of wells drilled refers to the number of wells (holes) completed at any time during the fiscal years, regardless when drilling was initiated.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1205
-Paragraph (a)
-Subparagraph (2)

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The number of productive exploratory wells drilled in the geographic area. A productive well is a well that is not a dry well. The number of wells drilled refers to the number of wells (holes) completed at any time during the fiscal years, regardless when drilling was initiated.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1205
-Paragraph (a)
-Subparagraph (1)

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Amount of estimated future accumulated cash outflow for costs to be incurred in developing proved oil and gas reserves.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 235
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e62424-109447

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 235
-Section 50
-Paragraph 31
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e62455-109447

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 235
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e62479-109447

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Net quantities of an enterprise's interests in proved developed reserves of either crude oil (including condensate and natural gas liquids), natural gas, synthetic oil and gas, or other nonrenewable natural resource that is intended to be upgraded into synthetic oil and gas as of the beginning and the end of the year. "Net" quantities of reserves include those relating to the enterprise's operating and nonoperating interests in properties. Quantities of reserves relating to royalty interests owned are included in "net" quantities if the necessary information is available to the enterprise. "Net" quantities does not include reserves relating to interests of others in properties owned by the enterprise. The unit of measure for reserve quantities is defined as "barrels" for oil and synthetic oil reserves or "cubic feet" or "cubic meters" for natural gas and synthetic gas reserves.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 235
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e61884-109447

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 932
-SubTopic 235
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=68064819&loc=d3e61797-109447

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Oil and Gas Reserve Data (Unaudited) (Details Narrative)	12 Months Ended
	Mar. 31, 2017 USD ($) Wells $ / shares MMBbls	Mar. 31, 2016 USD ($) Wells $ / shares	Mar. 31, 2015 USD ($) $ / shares
Barrels of oil equivalent \| MMBbls	3,238,000
Percentage of estimated proved reserves of oil and natural gas liquids	66.00%
Percentage of estimated proved reserves of natural gas	34.00%
Estimated proved oil and gas reserves rate	67.00%
Description on PUD's oil and gas reserves	The Company reported estimated PUDs of 2,153 MBOE, which accounted for 67% of its total estimated proved oil and gas reserves. This figure primarily consists of a projected 72 new wells (1,655 MBOE), 6 of which the Company operates with reserves of 1,234 MBOE. Four of the wells the Company operates (202 MBOE), will be drilled on existing acreage in the Goldsmith field where the Company currently operates 3 wells. The Company projects these 4 operated wells will be drilled in fiscal 2019. The remaining 2 wells the Company operates are in the Midland Basin on acreage held by production. We project these 2 wells to be drilled in 2020. Regarding the remaining 66 PUD locations operated by others (421 BOE), 3 wells are currently being drilled with plans for 22 wells to follow in 2018, 20 wells in 2019, 19 wells in 2020 and 2 wells in 2021.
Future cash flows estimated to be spent to develop our share of proved undeveloped properties through March 31, 2022 \| $	$ 28,809,000	$ 9,617,000	$ 6,617,000
Estimated future cash flows discounted rate	10.00%
Average prices used, per bbl \| $ / shares	$ 43.88	$ 41.76	$ 74.84
Average prices used, per mcf \| $ / shares	$ 2.561	$ 1.998	$ 3.595
Others Plans [Member]
Number of operated drilled wells	3
Fiscal 2019 [Member]
Number of operated drilled wells	4
Fiscal 2020 [Member]
Number of operated drilled wells	2
2018 [Member]
Number of drilled wells		22
2019 [Member]
Number of drilled wells		20
2020 [Member]
Number of drilled wells		19
2021 [Member]
Number of drilled wells		2
Goldsmith Field [Member]
Number of drilled wells	4
Number of operated drilled wells	3
72 New Wells [Member]
Number of drilled wells	72
Number of operated drilled wells	6