Consolidated Balance Sheets - USD ($)	Sep. 30, 2019	Mar. 31, 2019
Current assets
Cash and cash equivalents	$ 70,499	$ 128,252
Accounts receivable:
Oil and natural gas sales	349,037	349,600
Trade	108
Note receivable		30,421
Prepaid costs and expenses	39,166	53,735
Total current assets	458,810	562,008
Property and equipment, at cost
Oil and gas properties, using the full cost method	36,751,554	35,907,677
Other	113,043	113,043
Accumulated depreciation, depletion and amortization	(27,675,418)	(27,255,451)
Property and equipment, net	9,189,179	8,765,269
Investment - cost basis	100,000
Operating lease, right-of-use asset	108,757
Other noncurrent assets	27,060	122,407
Total assets	9,883,806	9,449,684
Current liabilities
Accounts payable and accrued expenses	147,209	166,113
Operating lease liability, current	65,201
Total current liabilities	212,410	166,113
Long-term liabilities
Long-term debt	482,656
Operating lease liability, long-term	43,930
Asset retirement obligations	835,996	854,034
Total long-term liabilities	1,362,582	854,034
Total liabilities	1,574,992	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 September 30, 2019 and March 31, 2019	1,053,583	1,053,583
Additional paid-in capital	7,321,298	7,305,048
Retained earnings	279,934	416,907
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	8,308,814	8,429,537
Total liabilities and stockholders' equity	$ 9,883,806	$ 9,449,684