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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues:        
Total operating revenues $ 714,508 $ 619,088 $ 1,463,519 $ 1,286,772
Operating expenses:        
Production 250,578 254,842 509,513 564,705
Accretion of asset retirement obligations 3,771 8,308 7,406 16,557
Depreciation, depletion, and amortization 205,583 285,507 421,658 596,765
General and administrative 226,169 232,869 475,207 539,528
Total operating expenses 686,101 781,526 1,413,784 1,717,555
Operating income (loss) 28,407 (162,438) 49,735 (430,783)
Other income (expenses):        
Interest income 70 2 83 11
Interest expense (6,446) (26,734) (13,367) (53,950)
Net other expense (6,376) (26,732) (13,284) (53,939)
Income (loss) before income taxes 22,031 (189,170) 36,451 (484,722)
Income tax
Net income (loss) $ 22,031 $ (189,170) $ 36,451 $ (484,722)
Income (loss) per common share:        
Basic: $ 0.01 $ (0.09) $ 0.02 $ (0.24)
Diluted: $ 0.01 $ (0.09) $ 0.02 $ (0.24)
Weighted average common shares outstanding:        
Basic: 2,040,052 2,037,266 2,038,659 2,037,266
Diluted: 2,040,052 2,037,266 2,038,659 2,037,266
Oil and Gas [Member]        
Operating revenues:        
Total operating revenues $ 701,246 $ 610,451 $ 1,436,599 $ 1,261,893
Other [Member]        
Operating revenues:        
Total operating revenues $ 13,262 $ 8,637 $ 26,920 $ 24,879