Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income (loss)	$ 1,857,136	$ (261,143)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation	62,003	41,813
Depreciation, depletion and amortization	812,398	697,698
Accretion of asset retirement obligations	21,630	21,540
Non-cash lease expense	42,687	48,503
PPP loan forgiveness		(68,574)
Amortization of debt issuance costs	9,394	9,394
Changes in operating assets and liabilities:
Increase in accounts receivable	(98,901)	(94,769)
Decrease in prepaid expenses	26,736	41,433
Increase (decrease) in accounts payable and accrued expenses	42,034	(8,009)
Settlement of asset retirement obligations	(2,741)	(7,398)
Decrease in operating lease liability	(43,790)	(47,625)
Net cash provided by operating activities	2,728,586	372,863
Cash flows from investing activities:
Additions to oil and gas properties	(1,213,618)	(1,024,104)
Additions to other property and equipment		(3,215)
Drilling refund	229,800	121,970
Investment in limited liability company at cost	(50,000)	(25,000)
Proceeds from sale of oil and gas properties and equipment	11,969	111,752
Net cash used in investing activities	(1,021,849)	(818,597)
Cash flows from financing activities:
Proceeds from exercise of stock options	295,640	78,795
Proceeds from long-term debt	275,000	680,000
Proceeds from PPP loan		68,574
Reduction of long-term debt	(1,455,000)	(375,000)
Net cash (used in) provided by financing activities	(884,360)	452,369
Net increase in cash and cash equivalents	822,377	6,635
Cash and cash equivalents at beginning of period	57,813	34,381
Cash and cash equivalents at end of period	880,190	41,016
Supplemental disclosure of cash flow information:
Cash paid for interest	14,834	28,634
Non-cash investing and financing activities:
Asset retirement obligations	12,499	14,013
Operating lease – right of use asset and associated liabilities	$ 165,007	$ 9,360