Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 395,006	$ (299,670)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation	13,865	14,005
Depreciation, depletion and amortization	264,320	224,105
Accretion of asset retirement obligations	7,058	7,187
Amortization of debt issuance costs	3,131	3,131
Change in fair value of derivative instruments		(550)
Changes in operating assets and liabilities
(Increase) decrease in accounts receivable	(68,135)	77,768
Decrease in prepaid expenses	10,530	11,032
Increase in prepaid asset – option contract		(11,400)
(Increase) decrease in right-of-use asset	(148,881)	6,891
Increase in accounts payable and accrued expenses	40,918	40,178
Settlement of asset retirement obligations	(291)	(76)
Increase (decrease) in operating lease liability	148,533	(6,129)
Net cash provided by operating activities	666,054	66,472
Cash flows from investing activities:
Additions to oil and gas properties	(302,976)	(257,281)
Additions to other property and equipment		(1,395)
Proceeds from sale of oil and gas properties and equipment	5,863	6,786
Net cash used in investing activities	(297,113)	(251,890)
Cash flows from financing activities:
Proceeds from exercise of stock options	34,000
Reduction of long-term debt	(480,000)	(100,000)
Proceeds from long-term debt	100,000	303,574
Net cash (used in) provided by financing activities	(346,000)	203,574
Net increase in cash and cash equivalents	22,941	18,156
Cash and cash equivalents at beginning of period	57,813	34,381
Cash and cash equivalents at end of period	80,754	52,537
Supplemental disclosure of cash flow information:
Cash paid for interest	10,040	7,865
Non-cash investing and financing activities:
Asset retirement obligations	3,329	5,748
Operating lease – right of use asset and associated liabilities	$ 165,007	$ 9,360