Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Mar. 31, 2019
Current assets
Cash and cash equivalents	$ 150,361	$ 128,252
Accounts receivable:
Oil and natural gas sales	371,536	349,600
Note Receivable		30,421
Prepaid costs and expenses	38,348	53,735
Total current assets	560,245	562,008
Property and equipment, at cost
Oil and gas properties, using the full cost method	36,249,582	35,907,677
Other	113,043	113,043
Accumulated depreciation, depletion and amortization	(27,465,689)	(27,255,451)
Property and equipment, net	8,896,936	8,765,269
Investment - cost basis	75,000
Operating lease, right-of-use asset	125,071
Other noncurrent assets	55,777	122,407
Total assets	9,713,029	9,449,684
Current liabilities
Accounts payable and accrued expenses	152,956	166,113
Operating lease liability, current	64,941
Total current liabilities	217,897	166,113
Long-term liabilities
Long-term debt	189,062
Operating lease liability, long-term	60,403
Asset retirement obligations	862,191	854,034
Total long-term liabilities	1,111,656	854,034
Total liabilities	1,329,553	1,020,147
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 shares issued and 2,040,166 shares outstanding as of June 30, 2019 and March 31, 2019, respectively	1,053,583	1,053,583
Additional paid-in capital	7,313,173	7,305,048
Retained earnings	362,721	416,907
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	8,383,476	8,429,537
Total liabilities and stockholders' equity	$ 9,713,029	$ 9,449,684