Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Mar. 31, 2018
Current assets
Cash and cash equivalents	$ 348,860	$ 492,610
Accounts receivable:
Oil and gas sales	401,894	395,991
Trade	88,837	436,249
Note receivable	29,002
Prepaid costs and expenses	37,185	47,583
Total current assets	905,778	1,372,433
Property and equipment, at cost
Oil and gas properties, using the full cost method	35,753,323	35,224,784
Other	107,484	107,484
Accumulated depreciation, depletion and amortization	(26,874,684)	(26,453,025)
Property and equipment, net	8,986,123	8,879,243
Other noncurrent assets	4,135	149,278
Total assets	9,896,036	10,400,954
Current liabilities
Accounts payable and accrued expenses	126,049	446,815
Total current liabilities	126,049	446,815
Long-term debt	450,000	700,000
Asset retirement obligations	857,261	852,553
Total liabilities	1,433,310	1,999,368
Commitments and contingencies
Stockholders' equity
Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding
Common stock - $0.50 par value; 40,000,000 shares authorized;2,107,166 and 2,104,266 shares issued; 2,040,166 and 2,037,266 shares outstanding as of September 30, 2018 and March 31, 2018, respectively	1,053,583	1,052,133
Additional paid-in capital	7,288,840	7,265,601
Retained earnings	466,304	429,853
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	8,462,726	8,401,586
Total liabilities and stockholders' equity	$ 9,896,036	$ 10,400,954