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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating revenues:    
Total operating revenues $ 1,814,176 $ 1,727,835
Operating expenses:    
Production 404,770 437,420
Accretion of asset retirement obligations 7,973 7,711
Depreciation, depletion and amortization 675,270 539,697
General and administrative 394,437 367,045
Total operating expenses 1,482,450 1,351,873
Operating income 331,726 375,962
Other income (expense):    
Interest income 14,531 22,746
Interest expense (1,075) (1,083)
Net other income (expense) 13,456 21,663
Income before provision for income taxes 345,182 397,625
Provision for income taxes 103,231 106,586
Net income $ 241,951 $ 291,039
Income per common share:    
Basic: $ 0.12 $ 0.14
Diluted: $ 0.12 $ 0.14
Weighted average common shares outstanding:    
Basic: 2,046,000 2,090,786
Diluted: 2,073,309 2,135,421
Dividends declared per share $ 0.10 $ 0.10
Oil Sales [Member]    
Operating revenues:    
Total operating revenues $ 1,395,937 $ 1,510,304
Natural Gas Sales [Member]    
Operating revenues:    
Total operating revenues 358,797 177,752
Other [Member]    
Operating revenues:    
Total operating revenues $ 59,442 $ 39,779