Consolidated Statements of Cash Flows (USD $)	12 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Cash flows from operating activities:
Net loss	$ (737,154)	$ (1,316,251)
Adjustments to reconcile net loss to net cash used in operating activities:
Gain (Loss) on extinguishment of debt	(35,531)	83,712
(Gain) on sale of Well interest	0	(22,478)
(Gain) on settlement of debt	7,842	(19,925)
Loss on conversion of notes payable	1,553	2,694
Accreted interest on note payable	2,500	0
Non-cash compensation	45,946	579,281
Bad debt expense	(15,433)	25,627
Depreciation	6,849	9,807
Depletion	20,542	48,478
Depreciation of ARO liability	2,896	2,896
Asset retirement obligation accretion	11,640	5,794
Amortization of discount on notes payable	203,969	28,313
Amortization of intangible assets	42,588	42,584
Net change in operating assets and liabilities:
Accounts receivable	(18,700)	(3,918)
Joint Interest receivable	29,265	(6,070)
Prepaid expenses and deposits	0	4,150
Accounts payable and other accrued expenses	2,475	(217,476)
Accrued payroll-related party	11,165	0
Dividends payable to related party	(12,750)	16,500
Due to related party	0	35,032
Net cash used in operationg activities	(430,338)	(701,250)
Cash flows from investing activities:
Deposit on the purchase of additional assets	(160,000)	0
Issuance of notes receivable	0	(42,857)
Purchase of interest in Grace Wells	0	(44,927)
Principal payment received on notes receivable	7,857	5,714
Net cash used in investing activities	(152,143)	(82,070)
Cash flows from financing activities:
Proceeds from advances from related party	40,000	0
Payments for advances from related party	(25,000)	0
Payments on notes payable	0	(57,000)
Reduction in accountants payable in exchange for common stock	47,712	0
Proceeds from notes payable	322,500	563,000
Common stock issued for cash	0	542,600
Net cash provided in financing activities	385,212	1,048,600
Net (decrease) increase in cash and cash equivalents	(197,269)	265,280
Cash and cash equivalents at beginning of year	311,802	46,522
Cash and cash equivalents at end of year	114,533	311,802
Cash paid during the period for:
Interest	0	0
Taxes	0	0
Common stock issued in exchange for consulting services	45,946	190,050
Common stock issued for conversion of note payable, accrued interest, and assumption of debt	185,923	250,694
Common stock issued as a discount on notes payable	0	170,000
Common stock issued for acqusition	0	1,088
Gain on sale of Well interests	0	22,478
Gain (Loss) on extinguishment of debt	35,531	(83,712)
Gain (Loss) from settlement of debt	9,395	0
Increase in well interest due to economic revisions	4,606	0
Common stock issued for financing fees	0	114,260
Common stock issued for directors services	$ 0	$ 89,250