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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Operating revenue:        
Total operating revenues $ 644,316 $ 654,931 $ 2,107,835 $ 1,941,703
Operating expenses:        
Production 211,788 248,865 721,301 813,570
Accretion of asset retirement obligation 9,464 8,639 16,870 25,196
Depreciation, depletion, and amortization 196,206 247,801 617,864 844,566
General and administrative 234,987 225,528 710,194 765,056
Total operating expenses 652,445 730,833 2,066,229 2,448,388
Operating (loss) income (8,129) (75,902) 41,606 (506,685)
Other income (expenses):        
Interest income 4 34 87 45
Interest expense (4,951) (25,360) (18,318) (79,310)
Net other expense (4,947) (25,326) (18,231) (79,265)
(Loss) income before income taxes (13,076) (101,228) 23,375 (585,950)
Net (loss) income $ (13,076) $ (101,228) $ 23,375 $ (585,950)
(Loss) income per common share:        
Basic: $ (0.01) $ (0.05) $ 0.01 $ (0.29)
Diluted: $ (0.01) $ (0.05) $ 0.01 $ (0.29)
Weighted average common shares outstanding:        
Basic: 2,040,166 2,037,266 2,039,165 2,037,266
Diluted: 2,040,166 2,037,266 2,039,165 2,037,266
Oil [Member]        
Operating revenue:        
Total operating revenues $ 452,695 $ 434,729 $ 1,517,989 $ 1,240,151
Natural Gas [Member]        
Operating revenue:        
Total operating revenues 187,448 206,739 558,753 663,210
Other [Member]        
Operating revenue:        
Total operating revenues $ 4,173 $ 13,463 $ 31,093 $ 38,342