<SEC-DOCUMENT>0001398344-13-003021.txt : 20130702
<SEC-HEADER>0001398344-13-003021.hdr.sgml : 20130702
<ACCEPTANCE-DATETIME>20130702120015
ACCESSION NUMBER:		0001398344-13-003021
CONFORMED SUBMISSION TYPE:	10-K/A
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20130331
FILED AS OF DATE:		20130702
DATE AS OF CHANGE:		20130702

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MEXCO ENERGY CORP
		CENTRAL INDEX KEY:			0000066418
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				840627918
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		10-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31785
		FILM NUMBER:		13947183

	BUSINESS ADDRESS:	
		STREET 1:		214 W TEXAS AVENUE
		STREET 2:		SUITE 1101
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79701
		BUSINESS PHONE:		9156821119

	MAIL ADDRESS:	
		STREET 1:		214 W TEXAS AVENUE
		STREET 2:		SUITE 1101
		CITY:			MIDLAND
		STATE:			TX
		ZIP:			79701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MILLER OIL CO
		DATE OF NAME CHANGE:	19800702
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K/A
<SEQUENCE>1
<FILENAME>fp0007568_10ka.htm
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Washington, D.C.&#160;&#160;20549</font><br>
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<div style="TEXT-ALIGN: center; TEXT-INDENT: 0pt; DISPLAY: block"><font style="FONT-WEIGHT: bold">(Amendment No. 1)</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">For the fiscal year ended March 31, 2013</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Commission File No. 0-6694</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 18pt; FONT-WEIGHT: bold">MEXCO ENERGY CORPORATION</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">(Exact name of registrant as specified in its charter)</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">84-0627918</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">(State or other jurisdiction of</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">(I.R.S. Employer</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">incorporation or organization)</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">Identification No.)</font></div>
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<td valign="top" width="50%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">&#160; </font></td>
<td valign="top" width="50%"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">&#160; </font></td>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">214 W. Texas Avenue, Suite 1101</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">79701</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">Midland, Texas</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">(Zip Code)</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">(Address of principal executive offices)</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Registrant's telephone number, including area code:&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">(432) 682-1119</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Securities registered pursuant to Section 12(b) of the Act:&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">None</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Securities registered pursuant to Section 12(g) of the Act:&#160;&#160;<font style="DISPLAY: inline; FONT-WEIGHT: bold">Common Stock, $0.50 par value</font></font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.&#160;&#160;Yes [&#160;&#160;]&#160;&#160;No [X]</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.&#160;&#160;Yes [&#160;&#160;]&#160;&#160;No [X]</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check-mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past ninety (90) days.&#160;&#160;Yes [X]&#160;&#160;No [&#160;&#160;]</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (&#167; 229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes [X]&#160;&#160;No [&#160;&#160;]</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (&#167;229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [&#160;&#160;]</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of "large accelerated filer", "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Large Accelerated Filer [ ]&#160;&#160;&#160;Accelerated Filer [ ]&#160;&#160;&#160;Non-Accelerated Filer [ ]&#160;&#160;&#160;Smaller Reporting Company [X]</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).&#160;&#160;Yes [&#160;&#160;]&#160;&#160;No [X]</font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block"><br>
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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">The aggregate market value of the voting stock held by non-affiliates of the Registrant as of September 30, 2012 (the last business day of the Registrant&#8217;s most recently completed second quarter) was $6,062,046<font style="DISPLAY: inline; COLOR: #ff0000">&#160;</font>based on Mexco Energy Corporation&#8217;s closing common stock price of<font style="DISPLAY: inline; COLOR: #ff0000">&#160;</font>$6.65<font style="DISPLAY: inline; COLOR: #ff0000">&#160;</font>per share on that date as reported by the NYSE MKT.</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">There were 2,036,866 shares of the registrant&#8217;s common stock outstanding as of July 1, 2013.</font><br>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block">
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">Explanatory Note</font></div>

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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Mexco Energy Corporation (the "Company") is filing this Amendment No. 1 (this "Form 10-K/A") to its Annual Report on Form 10-K for the year ended March 31, 2013, filed with the Securities and Exchange Commission on July 1, 2013 (the "Form 10-K") for the sole purpose of furnishing the Interactive Data File that was inadvertently omitted from Exhibit 101 when the Form 10-K was filed.&#160; <font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">No other changes to the </font><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Form 10-K have been made in this Form 10-K/A.</font> </font>
<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">&#160;</font></div>
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<div style="TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">This Form 10-K/A speaks as of the original date of the Form 10-K, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the Form 10-K. This Form 10-K/A consists solely of the preceding cover page, this Explanatory Note, Part II--Other Information, the signature page, and the exhibits identified in Part II.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold"><a name="sB7E10CB9E9D67A824E85BE231E3DF7B7"><!--EFPlaceholder--></a>PART&#160;II. OTHER INFORMATION</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold"><a name="s3604EE7289CA62F0C021BE231E5E105B"><!--EFPlaceholder--></a>Item 6. Exhibits.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">Exhibit</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">No.</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt; FONT-WEIGHT: bold">Description of Document</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">31.1</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">Certification by the Chief Executive Officer Pursuant to Rule&#160;13a-14(a).*</font></div>
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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 11pt">31.2</font></div>
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<div align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 11pt">Previously filed as exhibits to the Company's Annual Report on Form 10-K for the period ended March 31, 2013, filed on July 1, 2013.</font></div>
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    <us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;1. Nature of Operations&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco Energy Corporation (a Colorado corporation)&#13;and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a&#13;Texas corporation) and TBO Oil &amp;#38; Gas, LLC (a Texas limited liability company) (collectively, the &amp;#147;Company&amp;#148;) are&#13;engaged in the exploration, development and production of natural gas, crude oil, condensate and natural gas liquids (&amp;#147;NGLs&amp;#148;).&#13;Most of the Company&amp;#146;s oil and gas interests are centered in West Texas; however, we own producing properties and undeveloped&#13;acreage in twelve states. Although most of our oil and gas interests are operated by others, we operate several properties in which&#13;we own an interest.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On December 31, 2012, Mexco Energy Corporation&#13;acquired all of the outstanding ownership interests of TBO Oil &amp;#38; Gas, LLC, a Texas limited liability company which owns non-operated&#13;working interests in over 280 wells producing primarily oil.&lt;/p&gt;</us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock>
    <us-gaap:SignificantAccountingPoliciesTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;2. Summary of Significant Accounting Policies&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Principles of Consolidation&lt;/b&gt;. The consolidated&#13;financial statements include the accounts of Mexco Energy Corporation and its wholly owned subsidiaries. All significant intercompany&#13;balances and transactions associated with the consolidated operations have been eliminated.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Estimates and Assumptions&lt;/b&gt;. In preparing&#13;financial statements in conformity with accounting principles generally accepted in the United States of America, management is&#13;required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of&#13;the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition,&#13;significant estimates are used in determining year end proved oil and gas reserves. Although management believes its estimates&#13;and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of our oil and natural&#13;gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most&#13;significant of the estimates and assumptions that affect these reported results.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Cash and Cash Equivalents&lt;/b&gt;. We consider&#13;all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.&#13;We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash&#13;equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed&#13;to any significant credit risk.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Accounts Receivable.&lt;/b&gt; Our accounts receivable&#13;include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a&#13;customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a&#13;right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed&#13;and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss&#13;history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance&#13;has been made for doubtful accounts.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Oil and Gas Properties&lt;/b&gt;. Oil and gas&#13;properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,&#13;as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes&#13;any internal costs that are directly related to exploration and development activities but does not include any costs related to&#13;production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated&#13;asset retirement costs recorded based on the fair value of the asset retirement obligation (&amp;#147;ARO&amp;#148;) when incurred. Generally,&#13;no gains or losses are recognized on the sale or disposition of oil and gas properties.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Accounting for Long-Lived Assets. &lt;/b&gt;The Company reviews property&#13;and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated&#13;future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Excluded Costs&lt;/b&gt;. Oil and gas properties&#13;include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties&#13;and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs&#13;are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment&#13;is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&amp;#147;DD&amp;#38;A&amp;#148;)&#13;pool). Impairments transferred to the DD&amp;#38;A pool increase the DD&amp;#38;A rate.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Ceiling Test&lt;/b&gt;. Under the full cost method&#13;of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,&#13;or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net&#13;cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement&#13;obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for&#13;the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil&#13;and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected&#13;in additional accumulated DD&amp;#38;A. This is called a &amp;#34;ceiling limitation write-down.&amp;#34; This charge does not impact cash&#13;flow from operating activities, but does reduce our stockholders' equity and reported earnings.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Depreciation, Depletion and Amortization&lt;/b&gt;.&#13;The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&amp;#38;A, estimated future&#13;development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.&#13;The depreciable base of oil and gas properties is amortized using the unit-of-production method.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Asset Retirement Obligations&lt;/b&gt;. We have&#13;significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production&#13;operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase&#13;in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related&#13;asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting&#13;from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimating the future ARO requires management&#13;to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.&#13;We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value&#13;calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,&#13;timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions&#13;to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related&#13;asset.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income Taxes&lt;/b&gt;. The Company recognizes&#13;deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets&#13;and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable&#13;to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change&#13;in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded&#13;as interest expense and general and administrative expense, respectively.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Property and Equipment&lt;/b&gt;. Provisions&#13;for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of&#13;three to ten years.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income (Loss) Per Common Share&lt;/b&gt;.&#13;Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares&#13;outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise&#13;prices less than the average market price of the common stock during the period using the treasury stock method and is&#13;computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares&#13;(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common&#13;shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Due to a net loss for the year ended March&#13;31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would&#13;be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations&#13;because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,&#13;2012.&lt;font style="color: red"&gt; &lt;/font&gt;For the year ended March 31, 2011, no potential common shares relating to stock options were&#13;excluded in the computation of diluted net income per share.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following is a reconciliation of the number&#13;of shares used in the calculation of basic income per share and diluted income per share for the periods ended March 31:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 642px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.5in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net (loss) income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(176,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;329,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;155,696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares outstanding:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,028,014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,947,605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of the assumed exercise of dilutive stock options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; dilutive&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,241&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,962,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Loss) income per common share:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Revenue Recognition. &lt;/b&gt;Oil and gas sales&#13;and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to&#13;credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically&#13;had little, if any, uncollectible oil and gas receivables.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Gas Balancing&lt;/b&gt;. Gas imbalances are accounted&#13;for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes&#13;of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those&#13;wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas&#13;imbalances.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Stock-based Compensation&lt;/b&gt;. We use the&#13;Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized&#13;as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation&#13;awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Recent Accounting Pronouncements. &lt;font style="font-weight: normal"&gt;In&#13;May 2011, the Financial Accounting Standards Board (&amp;#147;FASB&amp;#148;) issued Accounting Standards Update (&amp;#147;ASU&amp;#148;)&#13;No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.&#13;ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April&#13;1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify; text-indent: 22.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify"&gt;There were various other accounting&#13;standards and interpretations issued during our fiscal year, all of which have been determined to be not applicable or significant&#13;by management to have a material impact on the Company&amp;#146;s financial position, operations or cash flows.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:SignificantAccountingPoliciesTextBlock>
    <us-gaap:ConsolidationPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Principles of Consolidation&lt;/b&gt;. The consolidated&#13;financial statements include the accounts of Mexco Energy Corporation and its wholly owned subsidiaries. All significant intercompany&#13;balances and transactions associated with the consolidated operations have been eliminated.&lt;/p&gt;</us-gaap:ConsolidationPolicyTextBlock>
    <us-gaap:UseOfEstimates contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Estimates and Assumptions&lt;/b&gt;. In preparing&#13;financial statements in conformity with accounting principles generally accepted in the United States of America, management is&#13;required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of&#13;the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition,&#13;significant estimates are used in determining year end proved oil and gas reserves. Although management believes its estimates&#13;and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of our oil and natural&#13;gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most&#13;significant of the estimates and assumptions that affect these reported results.&lt;/p&gt;</us-gaap:UseOfEstimates>
    <us-gaap:CashAndCashEquivalentsPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Cash and Cash Equivalents&lt;/b&gt;. We consider&#13;all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.&#13;We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash&#13;equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed&#13;to any significant credit risk.&lt;/p&gt;</us-gaap:CashAndCashEquivalentsPolicyTextBlock>
    <us-gaap:ReceivablesPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Accounts Receivable.&lt;/b&gt; Our accounts receivable&#13;include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a&#13;customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a&#13;right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed&#13;and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss&#13;history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance&#13;has been made for doubtful accounts.&lt;/p&gt;</us-gaap:ReceivablesPolicyTextBlock>
    <us-gaap:IndustrySpecificPoliciesOilAndGasTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Oil and Gas Properties&lt;/b&gt;. Oil and gas&#13;properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,&#13;as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes&#13;any internal costs that are directly related to exploration and development activities but does not include any costs related to&#13;production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated&#13;asset retirement costs recorded based on the fair value of the asset retirement obligation (&amp;#147;ARO&amp;#148;) when incurred. Generally,&#13;no gains or losses are recognized on the sale or disposition of oil and gas properties.&lt;/p&gt;</us-gaap:IndustrySpecificPoliciesOilAndGasTextBlock>
    <us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Accounting for Long-Lived Assets. &lt;/b&gt;The Company reviews property&#13;and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated&#13;future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.&lt;/p&gt;</us-gaap:ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock>
    <us-gaap:OilAndGasPropertiesPolicyPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Excluded Costs&lt;/b&gt;. Oil and gas properties&#13;include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties&#13;and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs&#13;are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment&#13;is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&amp;#147;DD&amp;#38;A&amp;#148;)&#13;pool). Impairments transferred to the DD&amp;#38;A pool increase the DD&amp;#38;A rate.&lt;/p&gt;</us-gaap:OilAndGasPropertiesPolicyPolicyTextBlock>
    <MXC:CeilingTestPolicyPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Ceiling Test&lt;/b&gt;. Under the full cost method&#13;of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,&#13;or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net&#13;cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement&#13;obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for&#13;the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil&#13;and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected&#13;in additional accumulated DD&amp;#38;A. This is called a &amp;#34;ceiling limitation write-down.&amp;#34; This charge does not impact cash&#13;flow from operating activities, but does reduce our stockholders' equity and reported earnings.&lt;/p&gt;</MXC:CeilingTestPolicyPolicyTextBlock>
    <us-gaap:DepreciationDepletionAndAmortizationPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Depreciation, Depletion and Amortization&lt;/b&gt;.&#13;The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&amp;#38;A, estimated future&#13;development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.&#13;The depreciable base of oil and gas properties is amortized using the unit-of-production method.&lt;/p&gt;</us-gaap:DepreciationDepletionAndAmortizationPolicyTextBlock>
    <us-gaap:AssetRetirementObligationsPolicy contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Asset Retirement Obligations&lt;/b&gt;. We have&#13;significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production&#13;operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase&#13;in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related&#13;asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting&#13;from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimating the future ARO requires management&#13;to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.&#13;We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value&#13;calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,&#13;timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions&#13;to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related&#13;asset.&lt;/p&gt;</us-gaap:AssetRetirementObligationsPolicy>
    <us-gaap:IncomeTaxPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income Taxes&lt;/b&gt;. The Company recognizes&#13;deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets&#13;and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable&#13;to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change&#13;in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded&#13;as interest expense and general and administrative expense, respectively.&lt;/p&gt;</us-gaap:IncomeTaxPolicyTextBlock>
    <us-gaap:PropertyPlantAndEquipmentPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Property and Equipment&lt;/b&gt;. Provisions&#13;for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of&#13;three to ten years.&lt;/p&gt;</us-gaap:PropertyPlantAndEquipmentPolicyTextBlock>
    <us-gaap:EarningsPerSharePolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income (Loss) Per Common Share&lt;/b&gt;.&#13;Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares&#13;outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise&#13;prices less than the average market price of the common stock during the period using the treasury stock method and is&#13;computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares&#13;(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common&#13;shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Due to a net loss for the year ended March&#13;31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would&#13;be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations&#13;because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,&#13;2012.&lt;font style="color: red"&gt; &lt;/font&gt;For the year ended March 31, 2011, no potential common shares relating to stock options were&#13;excluded in the computation of diluted net income per share.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following is a reconciliation of the number&#13;of shares used in the calculation of basic income per share and diluted income per share for the periods ended March 31:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 642px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.5in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net (loss) income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(82,564)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;329,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;155,696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares outstanding:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,028,014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13; 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padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; dilutive&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,241&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,962,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Loss) income per common share:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13; 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font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.04)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:EarningsPerSharePolicyTextBlock>
    <us-gaap:RevenueRecognitionPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Revenue Recognition. &lt;/b&gt;Oil and gas sales&#13;and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to&#13;credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically&#13;had little, if any, uncollectible oil and gas receivables.&lt;/p&gt;</us-gaap:RevenueRecognitionPolicyTextBlock>
    <us-gaap:GasBalancingPolicyPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Gas Balancing&lt;/b&gt;. Gas imbalances are accounted&#13;for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes&#13;of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those&#13;wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas&#13;imbalances.&lt;/p&gt;</us-gaap:GasBalancingPolicyPolicyTextBlock>
    <us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy contextRef="From2012-04-01to2013-03-31">&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Stock-based Compensation&lt;/b&gt;. We use the&#13;Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized&#13;as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation&#13;awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.&lt;/p&gt;</us-gaap:ShareBasedCompensationOptionAndIncentivePlansPolicy>
    <us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Recent Accounting Pronouncements. &lt;font style="font-weight: normal"&gt;In&#13;May 2011, the Financial Accounting Standards Board (&amp;#147;FASB&amp;#148;) issued Accounting Standards Update (&amp;#147;ASU&amp;#148;)&#13;No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.&#13;ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April&#13;1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify; text-indent: 22.5pt"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify"&gt;There were various other accounting&#13;standards and interpretations issued during our fiscal year, all of which have been determined to be not applicable or significant&#13;by management to have a material impact on the Company&amp;#146;s financial position, operations or cash flows.&lt;/p&gt;</us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock>
    <us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 642px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.5in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net (loss) income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(176,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;329,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;155,696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares outstanding:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,028,014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,947,605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of the assumed exercise of dilutive stock options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; dilutive&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,241&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,962,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Loss) income per common share:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock>
    <us-gaap:BusinessCombinationDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: left"&gt;3. Business Combinations&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On December 31, 2012, the Company purchased&#13;all of the outstanding ownership interests of TBO Oil &amp;#38; Gas, LLC (&amp;#147;TBO&amp;#148;), a Texas limited liability company which&#13;owns non-operated working interests in approximately 280 wells producing primarily oil, expanding the Company&amp;#146;s revenues.&#13;The cash purchase price of $1,150,000 was funded from our $4.9 million bank credit facility. &lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The purchase price was allocated to the assets&#13;acquired and liabilities assumed at estimated fair values as follows:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 70%; text-align: justify; padding-left: 5.4pt"&gt;Proved oil and gas properties&lt;/td&gt;&lt;td style="width: 10%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 18%; text-align: right"&gt;1,202,013&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Accounts receivable&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;74,623&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; padding-left: 10pt"&gt;Total assets acquired&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;1,276,636&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: justify; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;Accounts payable&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;(45,876&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Asset retirement obligations assumed&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;(80,760&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 10pt"&gt;Net purchase price&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; text-align: right"&gt;1,150,000&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company&amp;#146;s results of operations for&#13;fiscal year 2013 include approximately $119,800 in revenues and approximately $62,400 in earnings. The Company&amp;#146;s results&#13;of operations for fiscal years 2012 and 2011 do not include any revenues or costs from TBO.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company has not disclosed the pro forma&#13;information for this acquisition because the revenue and expenses for this acquisition are immaterial to our consolidated&#13;financial statements.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;</us-gaap:BusinessCombinationDisclosureTextBlock>
    <us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(230,230,230)"&gt;&#13;    &lt;td style="width: 70%; text-align: justify; padding-left: 5.4pt"&gt;Proved oil and gas properties&lt;/td&gt;&lt;td style="width: 10%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 18%; text-align: right"&gt;1,202,013&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: White"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Accounts receivable&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;74,623&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(230,230,230)"&gt;&#13;    &lt;td style="text-align: justify; padding-left: 10pt"&gt;Total assets acquired&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;1,276,636&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: White"&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: justify; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(230,230,230)"&gt;&#13;    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;Accounts payable&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;(45,876&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: White"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Asset retirement obligations assumed&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;(80,760&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(230,230,230)"&gt;&#13;    &lt;td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 10pt"&gt;Net purchase price&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; text-align: right"&gt;1,150,000&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock>
    <us-gaap:FairValueMeasurementInputsDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;4. Fair Value of Financial Instruments.&#13;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Fair value as defined by authoritative literature&#13;is the price that would be received to sell an asset or paid to transfer a liability (exit price) in an orderly transaction between&#13;market participants at the measurement date. Fair value measurements are classified and disclosed in one of the following categories:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify"&gt;Level 1 &amp;#150; Quoted prices in&#13;active markets for identical assets and liabilities.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 48.6pt 0 24.45pt; text-align: justify"&gt;Level 2 &amp;#150; Quoted prices&#13;in active markets for similar assets and liabilities, quoted prices for identical or similar instruments in markets that are not&#13;active and model-derived valuations whose inputs are observable or whose significant value drivers are observable.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify"&gt;Level 3 &amp;#150; Significant inputs&#13;to the valuation model are unobservable.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Financial assets and liabilities are classified&#13;based on the lowest level of input that is significant to the fair value measurement. In accordance with the reporting requirements&#13;of FASB ASC Topic 825, &lt;i&gt;Financial Instruments&lt;/i&gt;, the Company calculates the fair value of its assets and liabilities which&#13;qualify as financial instruments.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The initial measurement of asset retirement&#13;obligations&amp;#146; fair value is calculated using discounted cash flow techniques and is based on internal estimates of future&#13;retirement costs associated with oil and gas properties. Given the unobservable nature of the inputs, including plugging costs&#13;and reserve lives, the initial measurement of the ARO liability is deemed to use Level 3 inputs. See the Company&amp;#146;s note on&#13;AROs for further discussion. AROs incurred during the year ended March 31, 2013 were approximately $114,000.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The carrying amount reported in the accompanying&#13;consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable and accrued expenses approximates&#13;fair value because of the immediate or short-term maturity of these financial instruments. The carrying amount reported in the&#13;accompanying consolidated balance sheets for long term debt approximates fair value because the actual interest rates do not significantly&#13;differ from current rates offered for instruments with similar characteristics.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Courier; margin: 0"&gt;&amp;#160;&lt;/p&gt;</us-gaap:FairValueMeasurementInputsDisclosureTextBlock>
    <us-gaap:DebtAndCapitalLeasesDisclosuresTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;5. Credit Facility&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco has a revolving credit agreement with&#13;Bank of America, N.A. (the &amp;#147;Agreement&amp;#148;), which provides for a credit facility of $4,900,000 with no monthly commitment&#13;reductions and a borrowing base evaluated annually, currently set at $4,900,000. Amounts borrowed under the Agreement are collateralized&#13;by the common stock of the Company&amp;#146;s wholly owned subsidiaries and substantially all of the Company&amp;#146;s oil and gas properties.&#13;Availability of this line of credit at March 31, 2013 was $1,950,000. No principal payments are anticipated to be required through&#13;November 30, 2014.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Courier; margin: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Agreement was renewed six times with the&#13;sixth amendment on October 22, 2012, which revised the maturity date to November 30, 2014. Under the original and renewed agreements,&#13;interest on the facility accrues at an annual rate equal to the British Bankers Association London Interbank Offered Rate (&amp;#34;BBA&#13;LIBOR&amp;#34;) daily floating rate, plus 2.50 percentage points, which was 2.70% on March 31, 2013. Interest on the outstanding amount&#13;under the credit agreement is payable monthly. In addition, we will pay an unused commitment fee in an amount equal to &amp;#189;&#13;of 1 percent (.5%) times the daily average of the unadvanced amount of the commitment. The unused commitment fee is payable quarterly&#13;in arrears on the last day of each calendar quarter.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Agreement contains customary covenants&#13;for credit facilities of this type including limitations on disposition of assets, mergers and reorganizations. We are also obligated&#13;to meet certain financial covenants under the Agreement. Mexco is in compliance with all covenants as of March 31, 2013. In addition,&#13;this Agreement prohibits us from paying cash dividends on our common stock. The Agreement does grant the Company permission to&#13;enter into hedge agreements; however, the Company is under no obligation to do so.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;At the end of fiscal 2013, a letter of credit&#13;for $50,000, in lieu of a plugging bond with the Texas Railroad Commission covering the properties the Company operates is also&#13;outstanding under the facility. This letter of credit renews annually.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The balance outstanding on the line of credit&#13;was $2,950,000 as of March 31, 2013 and June 28, 2013.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"&gt;The following table is a summary&#13;of activity on the Bank of America, N.A. line of credit for the year ended March 31, 2013:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 54.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Principal &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Balance at April 1, 2012:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,700,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 258.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Borrowings &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,600,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Repayments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(350,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Balance at March 31, 2013:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,950,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:DebtAndCapitalLeasesDisclosuresTextBlock>
    <us-gaap:ScheduleOfLineOfCreditFacilitiesTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 54.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Principal &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Balance at April 1, 2012:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,700,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 258.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Borrowings &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,600,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Repayments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(350,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Balance at March 31, 2013:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,950,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfLineOfCreditFacilitiesTextBlock>
    <us-gaap:AssetRetirementObligationDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;6. Asset Retirement Obligations&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Courier; margin: 0; text-align: justify"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Mexco&amp;#146;s&#13;asset retirement obligations relate to the plugging of wells, the removal of facilities and equipment, and site restoration on&#13;oil and gas properties. The fair value of a liability for an ARO is recorded in the period in which it is incurred, discounted&#13;to its present value using the credit adjusted risk-free interest rate, and a corresponding amount capitalized by increasing the&#13;carrying amount of the related long-lived asset. The liability is accreted each period, and the capitalized cost is depreciated&#13;over the useful life of the related asset.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table provides a rollforward&#13;of the asset retirement obligations for fiscal years ended March 31:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 4.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of April 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;663,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;578,911&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities incurred&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities settled&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,246)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,351)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,376&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of March 31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;813,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;663,279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less: Current portion&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Non-Current asset retirement obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;763,412&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; text-underline-style: double; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;613,279&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The ARO is included on the consolidated balance&#13;sheets with the current portion being included in the accounts payable and accrued expenses.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:AssetRetirementObligationDisclosureTextBlock>
    <us-gaap:ScheduleOfAssetRetirementObligationsTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 4.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of April 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;663,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;578,911&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities incurred&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities settled&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,246)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,351)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion expense&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,376&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of March 31&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;813,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;663,279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less: Current portion&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Non-Current asset retirement obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;763,412&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; text-underline-style: double; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;613,279&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfAssetRetirementObligationsTableTextBlock>
    <us-gaap:IncomeTaxDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;7. Income Taxes&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco and its subsidiaries file a consolidated&#13;federal income tax return and various state income tax returns.&lt;font style="color: red"&gt; &lt;/font&gt;The amount of income taxes we record&#13;requires the interpretation of complex rules and regulations of federal and state taxing jurisdictions. With few exceptions, Mexco&#13;is no longer subject to U.S. federal and state income tax examinations by tax authorities for years prior to 2010.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Significant components of net deferred tax&#13;assets (liabilities) at March 31 are as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax assets: &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Percentage depletion carryforwards&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,180,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred stock-based compensation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;13,844&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,872&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset retirement obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;252,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205,616&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;179,462&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net operating loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;503,659&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;125,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,237&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,119,687&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,731,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,495,278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Excess&#13;    financial accounting bases over tax bases of&amp;#160; property and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,972,886)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,615,899)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,407,941)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (853,199)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (884,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (912,663)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;As of March 31, 2013, we have a statutory depletion&#13;carryforward of approximately $4,300,000, which does not expire. At March 31, 2013, we had a net operating loss carryforward for&#13;regular income tax reporting purposes of approximately $3,800,000, which will begin expiring in 2021. Our ability to use some of&#13;our net operating loss carryforwards and certain other tax attributes to reduce current and future U.S. federal taxable income&#13;is subject to limitations under the Internal Revenue Code.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the year ended March 31, 2013, there was&#13;a deferred income tax benefit of $31,504. There was no current income tax for the year ended March 31, 2013. For the year ended&#13;March 31, 2012, there was a deferred income tax benefit of $27,960. There was no current income tax for the year ended March 31,&#13;2012. For the year ended March 31, 2011, there was a current income tax benefit of $25,502 and a deferred income tax expense of&#13;$9,906.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A reconciliation of the provision for income&#13;taxes to income taxes computed using the federal statutory rate for years ended March 31 follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Tax expense at federal statutory rate (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(70,678)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;102,691&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;47,634&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Statutory depletion carryforward&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(86,221)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of graduated rates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,940)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,074)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of prior year estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,314&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,503&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Permanent differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;35,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,309)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total income tax benefit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (31,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(27,960)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(15,596)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effective income tax rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(15%)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9%)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;(1)&amp;#9;The federal statutory rate&#13;was 34% for fiscal years ending March 31, 2013, 2012 and 2011.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the years ended March 31, 2013, 2012 and&#13;2011, we did not have any uncertain tax positions.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the years ended March 31, 2013, 2012 and&#13;2011, the amount of unrecognized tax benefits was approximately $677,000, $677,000 and $670,000, respectively. While it is expected&#13;the amount of unrecognized tax benefits will change in the next 12 months, we do not expect any change to have a significant impact&#13;on our results of operations. The recognition of the total amount of the unrecognized tax benefits of $677,000 would have an impact&#13;on the effective tax rate. If these unrecognized tax benefits are disallowed, we will be required to pay additional taxes.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A reconciliation of the beginning and ending&#13;balances of unrecognized tax benefits is as follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits at beginning of period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;670,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;524,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additions based on tax positions related to the current year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;146,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes to tax positions of prior years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Settlements&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expirations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits at end of period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;670,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:IncomeTaxDisclosureTextBlock>
    <us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax assets: &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Percentage depletion carryforwards&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,180,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred stock-based compensation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;13,844&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,872&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset retirement obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;252,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205,616&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;179,462&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net operating loss&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;503,659&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;125,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,237&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,119,687&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,731,196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,495,278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Excess financial accounting bases over tax bases of&amp;#160;property and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,972,886)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,615,899)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,407,941)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net deferred tax liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (853,199)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (884,703)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (912,663)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock>
    <us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Tax expense at federal statutory rate (1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(70,678)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;102,691&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;47,634&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Statutory depletion carryforward&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(86,221)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of graduated rates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,940)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,074)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of prior year estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,314&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,503&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Permanent differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;35,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,309)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total income tax benefit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (31,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(27,960)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(15,596)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effective income tax rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(15%)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9%)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock>
    <us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits at beginning of period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;670,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;524,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additions based on tax positions related to the current year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;146,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes to tax positions of prior years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Settlements&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expirations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits at end of period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;670,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock>
    <us-gaap:ConcentrationRiskDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;8. Major Customers&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Currently, we operate exclusively within the&#13;United States and our revenues and operating profit are derived from the oil and gas industry. Oil and gas production&#13;is sold to various purchasers and the receivables are unsecured. Historically, we have not experienced significant credit losses&#13;on our oil and gas accounts and management is of the opinion that significant credit risk does not exist. Management is of the&#13;opinion that the loss of any one purchaser would not have an adverse effect on our ability to sell our oil and gas production.&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In fiscal 2013, one customer accounted for&#13;26% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2012, one customer accounted&#13;for 22% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2011, two customers accounted&#13;for 28% of the total oil and gas revenues and 25% of the total oil and gas accounts receivable.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;/p&gt;</us-gaap:ConcentrationRiskDisclosureTextBlock>
    <us-gaap:CostIncurredInOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivitiesDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;9. Oil and Gas Costs&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The costs related to our oil and gas activities&#13;were incurred as follows for the year ended March 31:&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.7pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.35in; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 74.15pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.15pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 74.75pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Property acquisition costs:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,542&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;368,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,147,892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exploration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,910&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;29,292&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,265,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,455,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;394,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capitalized asset retirement obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,043&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total costs incurred for oil and gas properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,415,386&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,887,815&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;2,596,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;We had the following aggregate capitalized&#13;costs relating to our oil and gas property activities at March 31:&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 241.1pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved oil and gas properties&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$34,138,841&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$31,669,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$30,256,330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved oil and gas properties:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;not subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,309,328&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;31,840,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,426,817&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less accumulated DD&amp;#38;A&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,249,803&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;16,154,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,161,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$17,059,525&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,685,856&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,265,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;DD&amp;#38;A amounted to $2.03, $1.94 and $1.87&#13;per mcfe of production for the years ended March 31, 2013, 2012 and 2011, respectively.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Courier; margin: 0"&gt;&amp;#160;&lt;/p&gt;</us-gaap:CostIncurredInOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivitiesDisclosureTextBlock>
    <MXC:CostsRelatedToOilAndGasActivitiesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.7pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.35in; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.15pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 74.15pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.15pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 74.75pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Property acquisition costs:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,542&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;368,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,147,892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exploration&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,910&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;29,292&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,265,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,455,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;394,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capitalized asset retirement obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,043&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total costs incurred for oil and gas properties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,415,386&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,887,815&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;2,596,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:CostsRelatedToOilAndGasActivitiesTableTextBlock>
    <MXC:AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 241.1pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved oil and gas properties&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$34,138,841&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$31,669,572&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$30,256,330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved oil and gas properties:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;not subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,309,328&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;31,840,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,426,817&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less accumulated DD&amp;#38;A&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,249,803&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;16,154,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,161,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$17,059,525&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,685,856&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,265,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock>
    <us-gaap:StockholdersEquityNoteDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;10. Stockholders&amp;#146; Equity&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In June 2012, the board of directors authorized&#13;the use of up to $250,000 to repurchase shares of our common stock for the treasury account. During fiscal 2013, we repurchased&#13;2,833 shares for the treasury at an aggregate cost of $15,547. During fiscal 2012, we repurchased 4,000 shares for the treasury&#13;at an aggregate cost of $22,780. During fiscal 2011, we repurchased 2,000 shares for the treasury at an aggregate cost of $12,325.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:StockholdersEquityNoteDisclosureTextBlock>
    <us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;11. Stock Options&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In September 2009, we adopted the 2009&#13;Employee Incentive Stock Plan (&amp;#147;2009 Plan&amp;#148;). The 2009 Plan provides for the award of stock options up to 200,000&#13;shares and includes option awards as well as stock awards. Option awards are granted with the restriction of requiring&#13;payment for the shares. Stock awards are granted without restrictions and without payment by the recipient. Neither option&#13;awards nor stock awards may exceed 25,000 shares granted to any one individual in any fiscal year. Stock options may be an&#13;incentive stock option or a nonqualified stock option. Options to purchase common stock under the plan are granted at the&#13;fair market value of the common stock at the date of grant, become exercisable to the extent of 25% of the shares optioned on&#13;each of four anniversaries of the date of grant, expire ten years from the date of grant and are subject to forfeiture if&#13;employment terminates. The 2009 Plan expires ten years from the date of adoption.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;According to our employee stock incentive plan,&#13;new shares will be issued upon the exercise of stock options and the Company can repurchase shares exercised under the plan. The&#13;plan also provides for the granting of stock awards. No stock awards were granted during fiscal 2013, 2012 and 2011.&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;We recognized compensation expense of $138,303,&#13;$120,124 and $51,350 in general and administrative expense in the Consolidated Statements of Operations for fiscal 2013, 2012 and&#13;2011, respectively. The total cost related to non-vested awards not yet recognized at March 31, 2013 totals $111,644, which is&#13;expected to be recognized over a weighted average of 2.1 years.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The fair value of each stock option is estimated&#13;on the date of grant using the Binomial valuation model. Expected volatilities are based on historical volatility of the Company&amp;#146;s&#13;stock over the contractual term of 120 months and other factors. We use historical data to estimate option exercise and employee&#13;termination within the valuation model. The expected term of options granted is derived from the output of the option valuation&#13;model and represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within&#13;the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. As the Company has&#13;never declared dividends, no dividend yield is used in the calculation. Actual value realized, if any, is dependent on the future&#13;performance of the Company&amp;#146;s common stock and overall stock market conditions. There is no assurance the value realized by&#13;an optionee will be at or near the value estimated by the Binomial model.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;During the year ended March 31, 2013, no stock&#13;options were granted. During the year ended March 31, 2012, the Compensation Committee of the Board of Directors approved and we&#13;issued 40,000 stock options to board members, officers and employees of Mexco exercisable at $6.80 per share. During the year ended&#13;March 31, 2011, the Compensation Committee of the Board of Directors approved and we issued 42,500 stock options to board members,&#13;officers and employees of Mexco exercisable at prices ranging from $6.06 to $6.29 per share. These options are exercisable at a&#13;price not less than the fair market value of the stock at the date of grant, have an exercise period of ten years and generally&#13;vest over four years.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Included in the following table is a summary&#13;of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options&#13;granted in fiscal 2013, 2012 and 2011. All such amounts represent the weighted average amounts for each period.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 36.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;For the year ended March 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 202.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 60.4pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 70.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant-date fair value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Volatility factor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;85.92%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;82.83%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Risk-free interest rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1.49%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.07%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expected term (in years)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;No forfeiture rate is assumed for stock options&#13;granted to directors or employees due to the forfeiture rate history for these types of awards. There were no stock options forfeited&#13;or expired during the year ended March 31, 2013 and 2012. During the year ended March 31, 2011, 1,000 vested stock options expired&#13;because they were not exercised prior to the end of their ten-year term and 10,000 unvested stock options were forfeited due to&#13;the termination of a consulting agreement with a consultant and the resignation of an employee.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the year ended March 31, 2013, employees&#13;and directors exercised options on a total of 3,750 shares at exercise prices of $4.35 per share.&lt;font style="color: red"&gt; &lt;/font&gt;We&#13;received proceeds of $16,313 from these exercises. The total intrinsic value of the exercised options was $3,138. No tax deduction&#13;is recorded when options are awarded. Mexco issued new shares of common stock to settle these option exercises.&lt;font style="color: red"&gt;&#13;&lt;/font&gt;For the year ended March 31, 2012, employees and directors exercised options on a total of 10,000 shares at exercise prices&#13;of $4.00 per share. We received proceeds of $40,000 from these exercises. The total intrinsic value of the exercised options was&#13;$38,600. For the year ended March 31, 2011, stock options covering 85,250 shares were exercised with 29,950 of these exercised&#13;options resulted in a disqualifying disposition. We received proceeds of $533,625 from these option exercises for the year ended&#13;March 31, 2011.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table is a summary of activity&#13;of stock options for the year ended March 31, 2013, 2012 and 2011:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 132.4pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 58.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Aggregate Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 68.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Intrinsic Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;107,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.94&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,088&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(85,250)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; 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text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;53,750&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; 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text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13; 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text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; 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   &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;80,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.03&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested at March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Other information pertaining to option activity&#13;was as follows during the year ended March 31:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2013&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2012&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2011&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 46%; padding-left: 5.4pt"&gt;Weighted average grant-date fair value of stock &lt;br /&gt;options granted (per share)&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;&amp;#151;&amp;#160;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.69&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.15&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total fair value of options vested&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;160,125&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;59,875&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;37,200&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total intrinsic value of options exercised&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;3,138&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;38,600&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;533,831&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table summarizes information&#13;about options outstanding at March 31, 2013:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Courier New, Courier, Monospace"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Range of Exercise Prices&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Number of Options&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Weighted Average Exercise Price Per Share&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Weighted Average Remaining Contract Life in Years&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Aggregate Intrinsic Value&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%; font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;40,000&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%; font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.23&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 15%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 15%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.30 &amp;#150; 6.80&lt;/font&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;40,000&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.80&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;80,000&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.52&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;8.03&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&amp;#151;&amp;#160;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Outstanding options at March 31, 2013 expire&#13;between August 2020 and November 2021 and have exercise prices ranging from $6.06 to $6.80.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock>
    <us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 36.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;For the year ended March 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 202.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 60.4pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 70.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant-date fair value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Volatility factor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;85.92%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;82.83%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Risk-free interest rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1.49%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.07%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expected term (in years)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.25&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock>
    <us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 132.4pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 58.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number of Shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Aggregate Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 68.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Intrinsic Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;107,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.94&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,088&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(85,250)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13; 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text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13; 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text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; 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text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.03&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; 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padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested at March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;&#13; 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   &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock>
    <MXC:OtherInformationPertainingToOptionActivityTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2013&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2012&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2011&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 46%; padding-left: 5.4pt"&gt;Weighted average grant-date fair value of stock &lt;br /&gt;options granted (per share)&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;&amp;#151;&amp;#160;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.69&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.15&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total fair value of options vested&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;160,125&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;59,875&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;37,200&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total intrinsic value of options exercised&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;3,138&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;38,600&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;533,831&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:OtherInformationPertainingToOptionActivityTableTextBlock>
    <us-gaap:ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 18.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 130.95pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Range of Exercise Prices&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 58.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number of Options&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 94.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Aggregate Intrinsic Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.23&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.30 &amp;#150; 6.80&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.80&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;80,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ &amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.52&lt;/font&gt;&lt;/td&gt;&#13; 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    <us-gaap:RelatedPartyTransactionsDisclosureTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;12. Related Party Transactions&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Related party transactions for the fiscal year&#13;ended March 31, 2013 relate to shared office expenditures in addition to administrative and operating expenses paid on behalf of&#13;the majority stockholder. The total billed to and reimbursed by the stockholder for the years ended March 31, 2013, 2012 and 2011&#13;were $144,404, $123,932 and $137,652, respectively.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;</us-gaap:RelatedPartyTransactionsDisclosureTextBlock>
    <us-gaap:ScheduleOfProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;13. Oil and Gas Reserve Data (Unaudited)&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The estimates of our proved oil and gas reserves,&#13;which are located entirely within the United States, were prepared in accordance with the guidelines established by the SEC. The&#13;estimates as of March 31, 2013, 2012, and 2011 are based on evaluations prepared by Joe C. Neal and Associates, Petroleum Consultants.&#13;Management emphasizes that reserve estimates are inherently imprecise and are expected to change as new information becomes available&#13;and as economic conditions in the industry change.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Proved reserves are estimated quantities of&#13;oil, natural gas, and natural gas liquids which geological and engineering data demonstrate with reasonable certainty to be commercially&#13;recoverable in future years from known reservoirs under existing economic and operating conditions.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Changes in Proved Reserves&lt;/b&gt;:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed and Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;240,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,405,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 81pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;45,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;545,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;136,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(459,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;290,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,757,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(183,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;19,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;267,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(19,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(396,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;346,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,445,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(589,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;71,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;318,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(23,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(401,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;366,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,844,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Proved developed reserves are those expected&#13;to be recovered through existing wells, equipment and operating methods.&amp;#160; Proved undeveloped reserves (&amp;#34;PUD&amp;#34;) are&#13;proved reserves are expected to be recovered from new wells on undrilled acreage or from existing wells where a relatively major&#13;expenditure is required for recompletion.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Summary of Proved Developed and Undeveloped&#13;Reserves as of March 31, 2013, 2012 and 2011&lt;/b&gt;:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 99pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;141,980&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,017,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;159,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,964,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,359,670&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;237,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,807,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,388,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,187&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,792,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,730&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,085,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;128,290&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,037,180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;As of March 31, 2013, 2012 and 2011 reserves&#13;were computed using the 12-month unweighted average of the first-day-of-the-month prices, in accordance with revised guidelines&#13;of the SEC applicable to reserves estimates as of year-end 2010.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;At March 31, 2013, we reported estimated PUDs&#13;of 3.8 bcfe, which accounted for 38% of our total estimated proved oil and gas reserves. This figure primarily consists of a projected&#13;33 new wells (2.6 bcfe), 4 of which we operate, and 1 new zone behind pipe from a currently producing wellbore (.4 bcfe) that we&#13;also operate. Our timetable for this well is totally dependent on the life of the currently producing zone. After the current zone&#13;has depleted, we will open the new productive zone. Of the 4 wells we operate (1.9 bcfe), all 4 have additional productive zones&#13;behind pipe (.6 bcfe). Also, there is potential to commingle the new zones in the new wells with prior permission from the Railroad&#13;Commission. We drilled 1 operated well during fiscal 2012 and completed the well in fiscal 2013. We project 1 operated well will&#13;be drilled in fiscal 2014, with the three (3) remaining wells in fiscal 2015. Regarding the remaining 29 PUD locations operated by&#13;others (.8 bcfe), three (3) wells are currently being drilled and three (3) locations are currently being prepared to drill with&#13;plans for eleven (11) wells to follow in 2014, nine (9) wells in 2015 and three (3) wells in 2016.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Included in proved undeveloped reserves at&#13;March 31, 2013 are approximately 1.5 bcfe of reserves which have remained undeveloped for more than five years. These&#13;primarily consist of two drilling locations in an area where we have long-standing operations and these locations are currently&#13;held by production from other wells in which Mexco owns. As of March 31, 2011, these reserves consisted of three drilling&#13;locations projected to be drilled one per year during the fiscal years of 2012, 2013 and 2014. We drilled 1 of these wells during&#13;fiscal 2012 and during fiscal 2013, completed the well and turned it on for production. Our timetable for the two remaining wells&#13;is to drill one during fiscal 2014 and one during fiscal 2015.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table discloses our progress&#13;toward the conversion of PUDs during fiscal 2013.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Progress of Converting Proved Undeveloped&#13;Reserves&lt;/b&gt;:&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 522px; margin-left: 0.7in; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil &amp;#38; Natural Gas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Mcfe)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development Costs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,995,462&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,307,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(412,155)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(185,185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Conversions to PD reserves&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,700)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(228,198)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additional PUDs added&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;379,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;647,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, end of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,806,941&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,541,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimated future net cash flows represent an&#13;estimate of future net revenues from the production of proved reserves using average prices for 2013, 2012 and 2011 along with&#13;estimates of the operating costs, production taxes and future development and abandonment costs (less salvage value) necessary&#13;to produce such reserves. No deduction has been made for depreciation, depletion or any indirect costs such as general corporate&#13;overhead or interest expense.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Operating costs and production taxes are estimated&#13;based on current costs with respect to producing oil and natural gas properties. Future development costs including abandonment&#13;costs are based on the best estimate of such costs assuming current economic and operating conditions. The future cash flows estimated&#13;to be spent to develop our share of proved undeveloped properties through March 31, 2018 are $4,541,517.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Income tax expense is computed based on applying&#13;the appropriate statutory tax rate to the excess of future cash inflows less future production and development costs over the current&#13;tax basis of the properties involved, less applicable carryforwards.&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The future net revenue information assumes&#13;no escalation of costs or prices, except for oil and natural gas sales made under terms of contracts which include fixed and determinable&#13;escalation. Future costs and prices could significantly vary from current amounts and, accordingly, revisions in the future could&#13;be significant.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The current reporting rules require that year&#13;end reserve calculations and future cash inflows be based on the 12-month average market prices for sales of oil and gas on the&#13;first calendar day of each month during the fiscal year discounted at 10% per year and assuming continuation of existing economic&#13;conditions. The average prices used for fiscal 2013 were $85.53 per bbl of oil and $2.76 per mcf of natural gas. The average prices&#13;used for fiscal 2012 were $93.75 per bbl of oil and $3.83 per mcf of natural gas. The average prices used for fiscal 2011 were&#13;$77.27 per bbl of oil and $3.88 per mcf of natural gas.&lt;font style="color: red"&gt; &lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The standardized measure of discounted future&#13;net cash flows were computed by applying 12-month average prices for oil and gas (with consideration of price changes only to the&#13;extent provided by contractual arrangements in existence at year end) to the estimated future production of proved oil and gas&#13;reserves, less estimated future expenditures (based on year end costs) to be incurred in developing and producing the proved reserves,&#13;less estimated future income tax expenses (based on the year end statutory tax rates with consideration of future tax rates already&#13;legislated) to be incurred on pretax net cash flows less tax basis of the properties and available credits and assuming continuation&#13;of existing economic conditions. The estimated future net cash flows are then discounted using a rate of 10%.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The basis for this table is the reserve studies&#13;prepared by an independent petroleum engineering consultant, which contain imprecise estimates of quantities and rates of production&#13;of reserves. Revisions of previous year estimates can have a significant impact on these results. Also, exploration costs in one&#13;year may lead to significant discoveries in later years and may significantly change previous estimates of proved reserves and&#13;their valuation. Therefore, the standardized measure of discounted future net cash flow is not necessarily indicative of the fair&#13;value of our proved oil and gas properties.&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The standardized measure of discounted future&#13;cash flows at March 31, 2013, 2012 and 2011, which represents the present value of estimated future cash flows using a discount&#13;rate of 10% a year, follows:&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Standardized Measure of Discounted Future&#13;Net Cash Flows Relating to Proved Reserves:&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 654px; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 229.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future cash inflows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,900,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;64,783,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;56,413,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future production costs and taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(14,893,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,031,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,086,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future development costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,850,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,530,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,029,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future income taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(6,374,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,920,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,118,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future net cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,783,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,302,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;32,180,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Annual 10% discount for estimated timing&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;of cash flows&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(12,414,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,946,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,528,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Standardized measure of discounted future&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;net cash flows&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 14,369,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 19,356,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 17,652,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 22.3pt 0 0.5in"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Changes in Standardized Measure of Discounted&#13;Future Net Cash Flows Relating to Proved Oil and Gas Reserves:&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Sales of oil and gas produced, net of&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;production costs&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (1,982,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,298,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,119,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net changes in price and production costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,881,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(375,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,590,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in previously estimated development costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,150,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,353,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;830,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revisions of quantity estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(811,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,344,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,088,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Net change due to purchases and sales of&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;minerals in place&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,471,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;390,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,976,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries, less related costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;321,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,449,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;165,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net change in income taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,178,000 &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(596,000) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(1,076,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion of discount&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,495,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,265,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,809,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Changes in timing of estimated cash flows&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;and other&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(3,928,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(1,828,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(771,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in standardized measure&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,987,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,704,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,492,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;14,160,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, end of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;14,369,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;i&gt;&amp;#160;&lt;/i&gt;&lt;/p&gt;</us-gaap:ScheduleOfProvedDevelopedAndUndevelopedOilAndGasReserveQuantitiesTextBlock>
    <MXC:ChangesInProvedReservesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed and Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;240,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,405,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 3.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 81pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;45,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;545,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;136,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(459,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;290,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,757,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(183,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;19,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;267,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(19,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(396,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;346,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,445,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(589,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;71,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;318,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(23,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(401,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;366,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,844,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:ChangesInProvedReservesTableTextBlock>
    <MXC:SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 99pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;141,980&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,017,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;159,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,964,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,359,670&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;237,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,807,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,388,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,187&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,792,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,730&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,085,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;128,290&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,037,180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock>
    <MXC:ProgressOfConvertingProvedUndevelopedReservesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 522px; margin-left: 0.7in; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil &amp;#38; Natural Gas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Mcfe)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development Costs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,995,462&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,307,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(412,155)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(185,185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Conversions to PD reserves&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,700)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(228,198)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additional PUDs added&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;379,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;647,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, end of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,806,941&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,541,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:ProgressOfConvertingProvedUndevelopedReservesTableTextBlock>
    <MXC:StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 654px; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 229.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future cash inflows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,900,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;64,783,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;56,413,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future production costs and taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(14,893,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,031,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,086,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future development costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,850,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,530,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,029,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future income taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(6,374,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,920,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,118,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future net cash flows&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,783,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,302,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;32,180,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Annual 10% discount for estimated timing&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;of cash flows&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(12,414,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,946,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,528,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Standardized measure of discounted future&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;net cash flows&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 14,369,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 19,356,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 17,652,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock>
    <MXC:ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Sales of oil and gas produced, net of&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;production costs&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (1,982,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,298,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,119,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net changes in price and production costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,881,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(375,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,590,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in previously estimated development costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,150,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,353,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;830,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revisions of quantity estimates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(811,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,344,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,088,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Net change due to purchases and sales of&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;minerals in place&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,471,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;390,000&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,976,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries, less related costs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;321,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,449,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;165,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net change in income taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,178,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(596,000) &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(1,076,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion of discount&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,495,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,265,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,809,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Changes in timing of estimated cash flows&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;and other&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(3,928,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(1,828,000)&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;&#13;        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(771,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in standardized measure&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,987,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,704,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,492,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, beginning of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;14,160,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, end of year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;14,369,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</MXC:ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock>
    <us-gaap:QuarterlyFinancialInformationTextBlock contextRef="From2012-04-01to2013-03-31">&lt;p style="margin: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;14. Selected Quarterly Financial Data (Unaudited)&lt;/b&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;924,098&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;781,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 734,313&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$623,870&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,270&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(78,469)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,004)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(122, 072)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(74,340)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(39,580)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(63,217)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;753,875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;753,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 810,655&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$905,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;111,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;156,680&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;95,375&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,961&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;79,272&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;104,385&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss) per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.03&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.05&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss) per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.03&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.05&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&#13;&#13;&lt;p style="margin: 0"&gt;&lt;/p&gt;</us-gaap:QuarterlyFinancialInformationTextBlock>
    <us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock contextRef="From2012-04-01to2013-03-31">&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;924,098&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;781,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 734,313&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$623,870&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating&#13;    profit (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,270&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(78,469)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,004)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(122, 072)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income &lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(74,340)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(39,580)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(63,217)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;&#13; 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text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;&#13; 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QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;753,875&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;753,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 810,655&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$905,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating&#13;    profit (loss)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,837&lt;/font&gt;&lt;/td&gt;&#13; 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      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-01" xml:lang="en-US">The federal statutory rate was 34% for fiscal years ending March 31, 2013, 2012 and 2011.</link:footnote>
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	<link:roleType roleURI="http://mexcoenergy.com/role/ConsolidatedStatementsOfChangesInStockholdersEquity" id="ConsolidatedStatementsOfChangesInStockholdersEquity">
	  <link:definition>0005 - Statement - CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/ConsolidatedStatementsOfCashFlows" id="ConsolidatedStatementsOfCashFlows">
	  <link:definition>0006 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0007 - Disclosure - Nature of Operations</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/SummaryOfSignificantAccountingPolicies" id="SummaryOfSignificantAccountingPolicies">
	  <link:definition>0008 - Disclosure - Summary of Significant Accounting Policies</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/BusinessCombinations" id="BusinessCombinations">
	  <link:definition>0009 - Disclosure - Business Combinations</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/FairValueOfFinancialInstruments" id="FairValueOfFinancialInstruments">
	  <link:definition>0010 - Disclosure - Fair Value of Financial Instruments</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/CreditFacility" id="CreditFacility">
	  <link:definition>0011 - Disclosure - Credit Facility</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/AssetRetirementObligations" id="AssetRetirementObligations">
	  <link:definition>0012 - Disclosure - Asset Retirement Obligations</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxes" id="IncomeTaxes">
	  <link:definition>0013 - Disclosure - Income Taxes</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/MajorCustomers" id="MajorCustomers">
	  <link:definition>0014 - Disclosure - Major Customers</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasCosts" id="OilAndGasCosts">
	  <link:definition>0015 - Disclosure - Oil and Gas Costs</link:definition>
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	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/StockholdersEquity" id="StockholdersEquity">
	  <link:definition>0016 - Disclosure - Stockholders' Equity</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/StockOptions" id="StockOptions">
	  <link:definition>0017 - Disclosure - Stock Options</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/RelatedPartyTransactions" id="RelatedPartyTransactions">
	  <link:definition>0018 - Disclosure - Related Party Transactions</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasReserveData" id="OilAndGasReserveData">
	  <link:definition>0019 - Disclosure - Oil and Gas Reserve Data (Unaudited)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SelectedQuarterlyFinancialData" id="SelectedQuarterlyFinancialData">
	  <link:definition>0020 - Disclosure - Selected Quarterly Financial Data (Unaudited)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SummaryOfSignificantAccountingPoliciesPolicies" id="SummaryOfSignificantAccountingPoliciesPolicies">
	  <link:definition>0021 - Disclosure - Summary of Significant Accounting Policies (Policies)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SummaryOfSignificantAccountingPoliciesTables" id="SummaryOfSignificantAccountingPoliciesTables">
	  <link:definition>0022 - Disclosure - Summary of Significant Accounting Policies (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/BusinessCombinationsTables" id="BusinessCombinationsTables">
	  <link:definition>0023 - Disclosure - Business Combinations (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/CreditFacilityTables" id="CreditFacilityTables">
	  <link:definition>0024 - Disclosure - Credit Facility (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/AssetRetirementObligationsTables" id="AssetRetirementObligationsTables">
	  <link:definition>0025 - Disclosure - Asset Retirement Obligations (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxesTables" id="IncomeTaxesTables">
	  <link:definition>0026 - Disclosure - Income Taxes (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasCostsTables" id="OilAndGasCostsTables">
	  <link:definition>0027 - Disclosure - Oil and Gas Costs (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/StockOptionsTables" id="StockOptionsTables">
	  <link:definition>0028 - Disclosure - Stock Options (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasReserveDataTables" id="OilAndGasReserveDataTables">
	  <link:definition>0029 - Disclosure - Oil and Gas Reserve Data (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SelectedQuarterlyFinancialDataTables" id="SelectedQuarterlyFinancialDataTables">
	  <link:definition>0030 - Disclosure - Selected Quarterly Financial Data (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SummaryOfSignificantAccountingPolicies-IncomePerCommonShareDetails" id="SummaryOfSignificantAccountingPolicies-IncomePerCommonShareDetails">
	  <link:definition>0031 - Disclosure - Summary of Significant Accounting Policies - Income per common share (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" id="SummaryOfSignificantAccountingPoliciesDetailsNarrative">
	  <link:definition>0032 - Disclosure - Summary of Significant Accounting Policies (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/BusinessCombinations-PurchasePriceWasAllocatedToAssetsAcquiredAndLiabilitiesAssumedAtEstimatedFairValuesDetails" id="BusinessCombinations-PurchasePriceWasAllocatedToAssetsAcquiredAndLiabilitiesAssumedAtEstimatedFairValuesDetails">
	  <link:definition>0033 - Disclosure - Business Combinations - Purchase price was allocated to the assets acquired and liabilities assumed at estimated fair values (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/FairValueOfFinancialInstrumentsDetailsNarrative" id="FairValueOfFinancialInstrumentsDetailsNarrative">
	  <link:definition>0034 - Disclosure - Fair Value of Financial Instruments (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/CreditFacility-SummaryOfActivityOnBankOfAmericaN.A.LineOfCreditDetails" id="CreditFacility-SummaryOfActivityOnBankOfAmericaN.A.LineOfCreditDetails">
	  <link:definition>0035 - Disclosure - Credit Facility - Summary of activity on the Bank of America, N.A. line of credit (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxes-ComponentsOfNetDeferredTaxAssetsDetails" id="IncomeTaxes-ComponentsOfNetDeferredTaxAssetsDetails">
	  <link:definition>0036 - Disclosure - Income Taxes - Components of net deferred tax assets (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxes-ReconciliationOfProvisionForIncomeTaxesToIncomeTaxesComputedDetails" id="IncomeTaxes-ReconciliationOfProvisionForIncomeTaxesToIncomeTaxesComputedDetails">
	  <link:definition>0037 - Disclosure - Income Taxes - Reconciliation of the provision for income taxes to income taxes computed (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxes-ReconciliationOfBeginningAndEndingBalancesOfUnrecognizedTaxBenefitsDetails" id="IncomeTaxes-ReconciliationOfBeginningAndEndingBalancesOfUnrecognizedTaxBenefitsDetails">
	  <link:definition>0038 - Disclosure - Income Taxes - Reconciliation of the beginning and ending balances of unrecognized tax benefits (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/IncomeTaxesDetailsNarrative" id="IncomeTaxesDetailsNarrative">
	  <link:definition>0039 - Disclosure - Income Taxes (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/MajorCustomersDetailsNarrative" id="MajorCustomersDetailsNarrative">
	  <link:definition>0040 - Disclosure - Major Customers (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0041 - Disclosure - Oil and Gas Costs - Costs related to our oil and gas activities (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasCosts-AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesDetails" id="OilAndGasCosts-AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesDetails">
	  <link:definition>0042 - Disclosure - Oil and Gas Costs - Aggregate capitalized costs relating to our oil and gas property activities (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasCostsDetailsNarrative" id="OilAndGasCostsDetailsNarrative">
	  <link:definition>0043 - Disclosure - Oil and Gas Costs (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/StockholdersEquityDetailsNarrative" id="StockholdersEquityDetailsNarrative">
	  <link:definition>0044 - Disclosure - Stockholders' Equity (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/StockOptions-SummaryOfGrant-DateFairValueOfStockOptionsGrantedDetails" id="StockOptions-SummaryOfGrant-DateFairValueOfStockOptionsGrantedDetails">
	  <link:definition>0045 - Disclosure - Stock Options - Summary of the grant-date fair value of stock options granted (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://mexcoenergy.com/role/StockOptions-SummaryOfActivityOfStockOptionsDetails" id="StockOptions-SummaryOfActivityOfStockOptionsDetails">
	  <link:definition>0046 - Disclosure - Stock Options - Summary of activity of stock options (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0047 - Disclosure - Stock Options - Other information pertaining to option activity (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0048 - Disclosure - Stock Options - Summary information about options outstanding at March 31, 2013 (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0049 - Disclosure - Stock Options (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0050 - Disclosure - Related Party Transactions (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0051 - Disclosure - Oil and Gas Reserve Data - Changes in Proved Reserves: (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0052 - Disclosure - Oil and Gas Reserve Data - Summary of Proved Developed and Undeveloped Reserves (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0053 - Disclosure - Oil and Gas Reserve Data - Progress of Converting Proved Undeveloped Reserves: (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0054 - Disclosure - Oil and Gas Reserve Data - Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves: (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	  <link:definition>0055 - Disclosure - Oil and Gas Reserve Data - Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves: (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/OilAndGasReserveDataDetailsNarrative" id="OilAndGasReserveDataDetailsNarrative">
	  <link:definition>0056 - Disclosure - Oil and Gas Reserve Data (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
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	<link:roleType roleURI="http://mexcoenergy.com/role/SelectedQuarterlyFinancialDataDetails" id="SelectedQuarterlyFinancialDataDetails">
	  <link:definition>0057 - Disclosure - Selected Quarterly Financial Data (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="mxc-20130331_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
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</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>4
<FILENAME>mxc-20130331_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
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    <link:definitionLink xlink:type="extended" xlink:role="http://mexcoenergy.com/role/OilAndGasReserveData-ProgressOfConvertingProvedUndevelopedReservesDetails" xlink:title="0053 - Disclosure - Oil and Gas Reserve Data - Progress of Converting Proved Undeveloped Reserves: (Details)" />
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    <link:definitionLink xlink:type="extended" xlink:role="http://mexcoenergy.com/role/OilAndGasReserveDataDetailsNarrative" xlink:title="0056 - Disclosure - Oil and Gas Reserve Data (Details Narrative)" />
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</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>mxc-20130331_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrentAbstract_lbl" xml:lang="en-US">Current assets</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsReceivableNetCurrentAbstract" xlink:label="us-gaap_AccountsReceivableNetCurrentAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OilAndGasJointInterestBillingReceivablesCurrent_lbl" xml:lang="en-US">Oil and gas sales</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AccountsReceivableTradeCurrent" xlink:label="MXC_AccountsReceivableTradeCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AccountsReceivableTradeCurrent" xlink:to="MXC_AccountsReceivableTradeCurrent_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PrepaidExpenseCurrent" xlink:label="us-gaap_PrepaidExpenseCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaidExpenseCurrent" xlink:to="us-gaap_PrepaidExpenseCurrent_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNetAbstract" xlink:label="us-gaap_PropertyPlantAndEquipmentNetAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNetAbstract_lbl" xml:lang="en-US">Property and equipment, at cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OilAndGasPropertyFullCostMethodGross" xlink:label="us-gaap_OilAndGasPropertyFullCostMethodGross" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OilAndGasPropertyFullCostMethodGross_lbl" xml:lang="en-US">Oil and gas properties, using the full cost method</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOther" xlink:label="us-gaap_PropertyPlantAndEquipmentOther" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentOther_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="us-gaap_PropertyPlantAndEquipmentGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_lbl" xml:lang="en-US">TOTAL</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_lbl" xml:lang="en-US">Less accumulated depreciation, depletion and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="us-gaap_PropertyPlantAndEquipmentNet" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentNet_lbl" xml:lang="en-US">Property and equipment, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetsNoncurrent" xlink:label="us-gaap_AssetsNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNoncurrent" xlink:to="us-gaap_AssetsNoncurrent_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquityAbstract_lbl" xml:lang="en-US">LIABILITIES AND STOCKHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="us-gaap_LiabilitiesCurrentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesCurrentAbstract" xlink:to="us-gaap_LiabilitiesCurrentAbstract_lbl" xlink:type="arc" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_lbl" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="us-gaap_LongTermDebtNoncurrent" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LongTermDebtNoncurrent_lbl" xml:lang="en-US">Long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetRetirementObligationsNoncurrent" xlink:label="us-gaap_AssetRetirementObligationsNoncurrent" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetRetirementObligationsNoncurrent_lbl" xml:lang="en-US">Asset retirement obligations</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesNoncurrent_lbl" xml:lang="en-US">Deferred income tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="us-gaap_CommitmentsAndContingencies" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xml:lang="en-US">Commitments and contingencies</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xml:lang="en-US">Stockholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockValue" xlink:label="us-gaap_PreferredStockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockValue" xlink:to="us-gaap_PreferredStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockValue_lbl" xml:lang="en-US">Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockValue_lbl" xml:lang="en-US">Common stock - $0.50 par value; 40,000,000 shares authorized; 2,102,866 and 2,099,116 shares issued; 2,036,866 and 2,035,949 shares outstanding as of March 31, 2013 and 2012, respectively</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdditionalPaidInCapitalCommonStock_lbl" xml:lang="en-US">Additional paid-in capital</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RetainedEarningsAccumulatedDeficit_lbl" xml:lang="en-US">Retained earnings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="us-gaap_TreasuryStockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_TreasuryStockValue_lbl" xml:lang="en-US">Treasury stock, at cost (66,000 and 63,167 shares, respectively)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="us-gaap_StockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StockholdersEquity_lbl" xml:lang="en-US">Total stockholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xml:lang="en-US">TOTAL</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockParOrStatedValuePerShare" xlink:to="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockParOrStatedValuePerShare_lbl" xml:lang="en-US">Preferred stock par value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="us-gaap_PreferredStockSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesAuthorized" xlink:to="us-gaap_PreferredStockSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesAuthorized_lbl" xml:lang="en-US">Preferred stock shares authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="us-gaap_PreferredStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesIssued" xlink:to="us-gaap_PreferredStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesIssued_lbl" xml:lang="en-US">Preferred stock shares issued</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="us-gaap_PreferredStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PreferredStockSharesOutstanding" xlink:to="us-gaap_PreferredStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PreferredStockSharesOutstanding_lbl" xml:lang="en-US">Preferred stock shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockParOrStatedValuePerShare" xlink:to="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockParOrStatedValuePerShare_lbl" xml:lang="en-US">Common stock par value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="us-gaap_CommonStockSharesAuthorized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesAuthorized" xlink:to="us-gaap_CommonStockSharesAuthorized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesAuthorized_lbl" xml:lang="en-US">Common stock shares authorized</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="us-gaap_CommonStockSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesIssued" xlink:to="us-gaap_CommonStockSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xml:lang="en-US">Common stock shares issued</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="us-gaap_CommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommonStockSharesOutstanding" xlink:to="us-gaap_CommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xml:lang="en-US">Common stock shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="us-gaap_TreasuryStockShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockShares" xlink:to="us-gaap_TreasuryStockShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockShares_lbl" xml:lang="en-US">Treasury stock, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="us-gaap_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeStatementAbstract" xlink:to="us-gaap_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xml:lang="en-US">Income Statement [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueNetAbstract" xlink:label="us-gaap_SalesRevenueNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNetAbstract" xlink:to="us-gaap_SalesRevenueNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNetAbstract_lbl" xml:lang="en-US">Operating revenues:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OilAndGasSalesRevenue" xlink:label="us-gaap_OilAndGasSalesRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OilAndGasSalesRevenue" xlink:to="us-gaap_OilAndGasSalesRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OilAndGasSalesRevenue_lbl" xml:lang="en-US">Oil and gas</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherSalesRevenueNet" xlink:label="us-gaap_OtherSalesRevenueNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherSalesRevenueNet" xlink:to="us-gaap_OtherSalesRevenueNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherSalesRevenueNet_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="us-gaap_SalesRevenueNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNet" xlink:to="us-gaap_SalesRevenueNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_SalesRevenueNet_lbl" xml:lang="en-US">Total operating revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsAndExpensesAbstract" xlink:label="us-gaap_CostsAndExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsAndExpensesAbstract" xlink:to="us-gaap_CostsAndExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsAndExpensesAbstract_lbl" xml:lang="en-US">Operating expenses:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostOfGoodsSoldOilAndGas" xlink:label="us-gaap_CostOfGoodsSoldOilAndGas" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostOfGoodsSoldOilAndGas" xlink:to="us-gaap_CostOfGoodsSoldOilAndGas_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostOfGoodsSoldOilAndGas_lbl" xml:lang="en-US">Production</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AssetRetirementObligationAccretionExpense" xlink:label="us-gaap_AssetRetirementObligationAccretionExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetRetirementObligationAccretionExpense" xlink:to="us-gaap_AssetRetirementObligationAccretionExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetRetirementObligationAccretionExpense_lbl" xml:lang="en-US">Accretion of asset retirement obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="us-gaap_DepreciationDepletionAndAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DepreciationDepletionAndAmortization_lbl" xml:lang="en-US">Depreciation, depletion, and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="us-gaap_GeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralAndAdministrativeExpense" xlink:to="us-gaap_GeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">General and administrative</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="us-gaap_CostsAndExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsAndExpenses" xlink:to="us-gaap_CostsAndExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CostsAndExpenses_lbl" xml:lang="en-US">Total operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="us-gaap_OperatingIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingIncomeLoss_lbl" xml:lang="en-US">Operating (loss) profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpenseAbstract" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpenseAbstract" xlink:to="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpenseAbstract_lbl" xml:lang="en-US">Other income (expenses):</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="us-gaap_InvestmentIncomeInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentIncomeInterest" xlink:to="us-gaap_InvestmentIncomeInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentIncomeInterest_lbl" xml:lang="en-US">Interest income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestExpense" xlink:label="us-gaap_InterestExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_InterestExpense_lbl" xml:lang="en-US">Interest expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NonoperatingIncomeExpense" xlink:label="us-gaap_NonoperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NonoperatingIncomeExpense_lbl" xml:lang="en-US">Net other expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:to="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_lbl" xml:lang="en-US">(Loss) earnings before provision for income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExpenseBenefitAbstract" xlink:label="us-gaap_IncomeTaxExpenseBenefitAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefitAbstract" xlink:to="us-gaap_IncomeTaxExpenseBenefitAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefitAbstract_lbl" xml:lang="en-US">Income tax expense (benefit):</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_lbl" xml:lang="en-US">Deferred</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="us-gaap_IncomeTaxExpenseBenefit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeTaxExpenseBenefit_lbl" xml:lang="en-US">TOTAL</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="us-gaap_NetIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetIncomeLoss_lbl" xml:lang="en-US">Net (loss) income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="us-gaap_EarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareAbstract" xlink:to="us-gaap_EarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareAbstract_lbl" xml:lang="en-US">(Loss) income per common share:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="us-gaap_EarningsPerShareBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareBasic_lbl" xml:lang="en-US">Basic</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="us-gaap_EarningsPerShareDiluted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerShareDiluted_lbl" xml:lang="en-US">Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_lbl" xml:lang="en-US">Weighted average common shares outstanding:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:to="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_lbl" xml:lang="en-US">Basic</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_lbl" xml:lang="en-US">Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementTable" xlink:label="us-gaap_StatementTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementTable" xlink:to="us-gaap_StatementTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementTable_lbl" xml:lang="en-US">Statement [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementLineItems" xlink:label="us-gaap_StatementLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementLineItems" xlink:to="us-gaap_StatementLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementLineItems_lbl" xml:lang="en-US">Statement [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharesIssued" xlink:label="us-gaap_SharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssued" xlink:to="us-gaap_SharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_SharesIssued_lbl" xml:lang="en-US">Beginning balance, Shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StockholdersEquity_2_lbl" xml:lang="en-US">Beginning balance, Amount</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncomeLoss_2_lbl" xml:lang="en-US">Net income (loss)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueAcquisitions" xlink:label="us-gaap_StockIssuedDuringPeriodValueAcquisitions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueAcquisitions" xlink:to="us-gaap_StockIssuedDuringPeriodValueAcquisitions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueAcquisitions_lbl" xml:lang="en-US">Issuance of stock for properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets" xlink:to="us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets_lbl" xml:lang="en-US">Exchanged for property, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodValue" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodValue" xlink:to="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_lbl" xml:lang="en-US">Purchase of stock</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockRepurchasedDuringPeriodShares" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodShares" xlink:to="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_lbl" xml:lang="en-US">Purchase of stock, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_lbl" xml:lang="en-US">Issuance of stock through options exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation" xlink:to="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_lbl" xml:lang="en-US">Excess tax benefits from stock-based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="us-gaap_ShareBasedCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensation_lbl" xml:lang="en-US">Stock based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_lbl" xml:lang="en-US">Shares Issued</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssued" xlink:to="us-gaap_SharesIssued_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_SharesIssued_2_lbl" xml:lang="en-US">Ending balance, Shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StockholdersEquity_3_lbl" xml:lang="en-US">Ending balance, Amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="us-gaap_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfCashFlowsAbstract" xlink:to="us-gaap_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from operating activities:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncomeLoss" xlink:to="us-gaap_NetIncomeLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_NetIncomeLoss_3_lbl" xml:lang="en-US">Net (loss) income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:to="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_lbl" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">Deferred income tax (benefit) expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities_lbl" xml:lang="en-US">Excess tax benefit from share based payment arrangement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensation" xlink:to="us-gaap_ShareBasedCompensation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensation_2_lbl" xml:lang="en-US">Stock-based compensation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationDepletionAndAmortization" xlink:to="us-gaap_DepreciationDepletionAndAmortization_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DepreciationDepletionAndAmortization_2_lbl" xml:lang="en-US">Depreciation, depletion and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="us-gaap_OtherNoncashIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoncashIncomeExpense" xlink:to="us-gaap_OtherNoncashIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OtherNoncashIncomeExpense_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:to="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xml:lang="en-US">Changes in assets and liabilities, net of business combinations:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:to="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsReceivable_lbl" xml:lang="en-US">(Increase) decrease in accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidExpense" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPrepaidExpense" xlink:to="us-gaap_IncreaseDecreaseInPrepaidExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInPrepaidExpense_lbl" xml:lang="en-US">(Increase) decrease in prepaid expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets" xlink:to="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInOtherNoncurrentAssets_lbl" xml:lang="en-US">Increase in noncurrent assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:label="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable" xlink:to="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_lbl" xml:lang="en-US">Decrease in income taxes payable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_lbl" xml:lang="en-US">(Decrease) increase in accounts payable and accrued expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash provided by operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from investing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireOilAndGasProperty" xlink:label="us-gaap_PaymentsToAcquireOilAndGasProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireOilAndGasProperty" xlink:to="us-gaap_PaymentsToAcquireOilAndGasProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquireOilAndGasProperty_lbl" xml:lang="en-US">Additions to oil and gas properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:label="us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates" xlink:to="us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates_lbl" xml:lang="en-US">Acquisition of business</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment" xlink:label="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment_lbl" xml:lang="en-US">Additions to other property and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment" xlink:label="us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment" xlink:to="us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment_lbl" xml:lang="en-US">Proceeds from sale of oil and gas properties and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash used in investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_lbl" xml:lang="en-US">Cash flows from financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xml:lang="en-US">Acquisition of treasury stock</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="us-gaap_ProceedsFromStockOptionsExercised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromStockOptionsExercised" xlink:to="us-gaap_ProceedsFromStockOptionsExercised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_lbl" xml:lang="en-US">Proceeds from exercise of stock options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="us-gaap_RepaymentsOfLongTermDebt" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_RepaymentsOfLongTermDebt_lbl" xml:lang="en-US">Reduction of long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities" xlink:label="us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities" xlink:to="us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities_lbl" xml:lang="en-US">Proceeds from long-term debt</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_lbl" xml:lang="en-US">Excess tax benefit from share based payment arrangement</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash provided by (used in) financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:to="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_lbl" xml:lang="en-US">Net (decrease) increase in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_2_lbl" xml:lang="en-US">Cash and cash equivalents at beginning of period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:to="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_CashAndCashEquivalentsAtCarryingValue_3_lbl" xml:lang="en-US">Cash and cash equivalents at end of period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xml:lang="en-US">Supplemental disclosure of cash flow information:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_InterestPaid" xlink:label="us-gaap_InterestPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaid" xlink:to="us-gaap_InterestPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestPaid_lbl" xml:lang="en-US">Cash paid for interest</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxesPaid" xlink:label="us-gaap_IncomeTaxesPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxesPaid" xlink:to="us-gaap_IncomeTaxesPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxesPaid_lbl" xml:lang="en-US">Income taxes paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract" xlink:to="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract_lbl" xml:lang="en-US">Non-cash investing and financing activities:</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AssetRetirementObligations" xlink:label="MXC_AssetRetirementObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AssetRetirementObligations" xlink:to="MXC_AssetRetirementObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="MXC_AssetRetirementObligations_lbl" xml:lang="en-US">Asset retirement obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_TransferOfInvestments" xlink:label="us-gaap_TransferOfInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TransferOfInvestments" xlink:to="us-gaap_TransferOfInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TransferOfInvestments_lbl" xml:lang="en-US">Issuance of common stock in exchange for oil and gas properties</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_SubsidiaryLiabilityAbstract" xlink:label="MXC_SubsidiaryLiabilityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_SubsidiaryLiabilityAbstract" xlink:to="MXC_SubsidiaryLiabilityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_SubsidiaryLiabilityAbstract_lbl" xml:lang="en-US">Acquisition of subsidiary resulting in the assumption of liabilities as follows:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_FairValueOfAssetsAcquired" xlink:label="us-gaap_FairValueOfAssetsAcquired" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FairValueOfAssetsAcquired" xlink:to="us-gaap_FairValueOfAssetsAcquired_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FairValueOfAssetsAcquired_lbl" xml:lang="en-US">Fair value of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireBusinessesGross" xlink:to="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireBusinessesGross_lbl" xml:lang="en-US">Cash paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilitiesAssumed1" xlink:label="us-gaap_LiabilitiesAssumed1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAssumed1" xlink:to="us-gaap_LiabilitiesAssumed1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAssumed1_lbl" xml:lang="en-US">Liabilities assumed</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="us-gaap_AccountingPoliciesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccountingPoliciesAbstract" xlink:to="us-gaap_AccountingPoliciesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:to="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock_lbl" xml:lang="en-US">Nature of Operations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SignificantAccountingPoliciesTextBlock" xlink:to="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xml:lang="en-US">Summary of Significant Accounting Policies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="us-gaap_BusinessCombinationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessCombinationsAbstract" xlink:to="us-gaap_BusinessCombinationsAbstract_lbl" xlink:type="arc" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_AssetRetirementObligationsPolicy_lbl" xml:lang="en-US">Asset Retirement Obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="us-gaap_IncomeTaxPolicyTextBlock" />
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      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:to="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_lbl" xml:lang="en-US">Other Property and Equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EarningsPerSharePolicyTextBlock_lbl" xml:lang="en-US">Income (Loss) Per Common Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevenueRecognitionPolicyTextBlock" xlink:to="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevenueRecognitionPolicyTextBlock_lbl" xml:lang="en-US">Revenue Recognition</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_GasBalancingPolicyPolicyTextBlock" xlink:label="us-gaap_GasBalancingPolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GasBalancingPolicyPolicyTextBlock" xlink:to="us-gaap_GasBalancingPolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_GasBalancingPolicyPolicyTextBlock_lbl" xml:lang="en-US">Gas Balancing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy" xlink:to="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy_lbl" xml:lang="en-US">Stock-based Compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:to="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xml:lang="en-US">Recent Accounting Pronouncements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_lbl" xml:lang="en-US">Income per common share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock" xlink:to="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock_lbl" xml:lang="en-US">Purchase price was allocated to the assets acquired and liabilities assumed at estimated fair values</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:label="us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock" xlink:to="us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfLineOfCreditFacilitiesTextBlock_lbl" xml:lang="en-US">Summary of activity on the Bank of America, N.A. line of credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock" xlink:label="us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock" xlink:to="us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfAssetRetirementObligationsTableTextBlock_lbl" xml:lang="en-US">Rollforward of the asset retirement obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Components of net deferred tax assets (liabilities)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:to="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_lbl" xml:lang="en-US">Reconciliation of the provision for income taxes to income taxes computed</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:label="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock" xlink:to="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock_lbl" xml:lang="en-US">Reconciliation of the beginning and ending balances of unrecognized tax benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_CostsRelatedToOilAndGasActivitiesTableTextBlock" xlink:label="MXC_CostsRelatedToOilAndGasActivitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_CostsRelatedToOilAndGasActivitiesTableTextBlock" xlink:to="MXC_CostsRelatedToOilAndGasActivitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_CostsRelatedToOilAndGasActivitiesTableTextBlock_lbl" xml:lang="en-US">Costs related to our oil and gas activities</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock" xlink:label="MXC_AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock" xlink:to="MXC_AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AggregateCapitalizedCostsRelatingToOurOilAndGasPropertyActivitiesTableTextBlock_lbl" xml:lang="en-US">Aggregate capitalized costs relating to our oil and gas property activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock_lbl" xml:lang="en-US">Summary of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:to="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_lbl" xml:lang="en-US">Summary of activity of stock options</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_OtherInformationPertainingToOptionActivityTableTextBlock" xlink:label="MXC_OtherInformationPertainingToOptionActivityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_OtherInformationPertainingToOptionActivityTableTextBlock" xlink:to="MXC_OtherInformationPertainingToOptionActivityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_OtherInformationPertainingToOptionActivityTableTextBlock_lbl" xml:lang="en-US">Other information pertaining to option activity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock" xlink:label="us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock" xlink:to="us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock_lbl" xml:lang="en-US">Summary information about options outstanding at March 31, 2013</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ChangesInProvedReservesTableTextBlock" xlink:label="MXC_ChangesInProvedReservesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ChangesInProvedReservesTableTextBlock" xlink:to="MXC_ChangesInProvedReservesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ChangesInProvedReservesTableTextBlock_lbl" xml:lang="en-US">Changes in Proved Reserves:</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock" xlink:label="MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock" xlink:to="MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock_lbl" xml:lang="en-US">Summary of Proved Developed and Undeveloped Reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock" xlink:label="MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock" xlink:to="MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock_lbl" xml:lang="en-US">Progress of Converting Proved Undeveloped Reserves:</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock" xlink:label="MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock" xlink:to="MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock_lbl" xml:lang="en-US">Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves:</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock" xlink:label="MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock" xlink:to="MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock_lbl" xml:lang="en-US">Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" xlink:label="us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock_lbl" xml:lang="en-US">Selected Quarterly Financial Data</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_2_lbl" xml:lang="en-US">Weighted average common shares outstanding - basic</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:to="us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareBasic_2_lbl" xml:lang="en-US">(Loss) income per common share: Basic</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareDiluted" xlink:to="us-gaap_EarningsPerShareDiluted_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_EarningsPerShareDiluted_2_lbl" xml:lang="en-US">(Loss) income per common share: Diluted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:to="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_lbl" xml:lang="en-US">Options excluded from the diluted net income per share calculations</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_WeightedAverageExercisePriceAntidilutiveStockOptions" xlink:label="MXC_WeightedAverageExercisePriceAntidilutiveStockOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_WeightedAverageExercisePriceAntidilutiveStockOptions" xlink:to="MXC_WeightedAverageExercisePriceAntidilutiveStockOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_WeightedAverageExercisePriceAntidilutiveStockOptions_lbl" xml:lang="en-US">Weighted average exercise price, anti-dilutive stock options</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationNaturalResources" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationNaturalResources" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationNaturalResources" xlink:to="us-gaap_BusinessAcquisitionPurchasePriceAllocationNaturalResources_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationNaturalResources_lbl" xml:lang="en-US">Proved oil and gas properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables" xlink:to="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables_lbl" xml:lang="en-US">Accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet" xlink:to="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet_lbl" xml:lang="en-US">Total assets acquired</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable" xlink:to="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable_lbl" xml:lang="en-US">Accounts payable</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations" xlink:label="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations" xlink:to="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations_lbl" xml:lang="en-US">Asset retirement obligations assumed</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice" xlink:to="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice_lbl" xml:lang="en-US">Net purchase price</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredAssetRetirementObligationIncurred" xlink:label="us-gaap_CostsIncurredAssetRetirementObligationIncurred" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAssetRetirementObligationIncurred" xlink:to="us-gaap_CostsIncurredAssetRetirementObligationIncurred_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CostsIncurredAssetRetirementObligationIncurred_lbl" xml:lang="en-US">Asset Retirement Obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_lbl" xml:lang="en-US">Balance at March 31, 2012:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings" xlink:label="us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings" xlink:to="us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LineOfCreditFacilityDecreaseRepayments" xlink:label="us-gaap_LineOfCreditFacilityDecreaseRepayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityDecreaseRepayments" xlink:to="us-gaap_LineOfCreditFacilityDecreaseRepayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityDecreaseRepayments_lbl" xml:lang="en-US">Repayments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityAmountOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_2_lbl" xml:lang="en-US">Balance at December 31, 2012:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:to="us-gaap_ComponentsOfDeferredTaxAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComponentsOfDeferredTaxAssetsAbstract_lbl" xml:lang="en-US">Deferred tax assets:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards" xlink:to="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsCapitalLossCarryforwards_lbl" xml:lang="en-US">Percentage depletion carryforwards</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost" xlink:to="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost_lbl" xml:lang="en-US">Deferred stock-based compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations" xlink:to="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations_lbl" xml:lang="en-US">Asset retirement obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:to="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_lbl" xml:lang="en-US">Net operating loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="us-gaap_DeferredTaxAssetsOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_DeferredTaxAssetsOther_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="us-gaap_DeferredTaxAssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="us-gaap_DeferredTaxAssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DeferredTaxAssetsNet_lbl" xml:lang="en-US">Total deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:label="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:to="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_lbl" xml:lang="en-US">Deferred tax liabilities:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:to="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Excess financial accounting bases over tax bases of property and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="us-gaap_DeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="us-gaap_DeferredTaxLiabilities_lbl" xml:lang="en-US">Net deferred tax liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate" xlink:to="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate_lbl" xml:lang="en-US">Tax expense at federal statutory rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities" xlink:label="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities" xlink:to="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities_lbl" xml:lang="en-US">Statutory depletion carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate" xlink:label="us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate" xlink:to="us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate_lbl" xml:lang="en-US">Effect of graduated rates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes" xlink:label="us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes" xlink:to="us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes_lbl" xml:lang="en-US">Revision of prior year estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:label="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance" xlink:to="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance_lbl" xml:lang="en-US">Permanent differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationDeductionsOther" xlink:label="us-gaap_IncomeTaxReconciliationDeductionsOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationDeductionsOther" xlink:to="us-gaap_IncomeTaxReconciliationDeductionsOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_IncomeTaxReconciliationDeductionsOther_lbl" xml:lang="en-US">Other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncomeTaxReconciliationTaxCredits" xlink:label="us-gaap_IncomeTaxReconciliationTaxCredits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxCredits" xlink:to="us-gaap_IncomeTaxReconciliationTaxCredits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_IncomeTaxReconciliationTaxCredits_lbl" xml:lang="en-US">Total income tax benefit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:to="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EffectiveIncomeTaxRateContinuingOperations_lbl" xml:lang="en-US">Effective income tax rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="us-gaap_UnrecognizedTaxBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_UnrecognizedTaxBenefits_lbl" xml:lang="en-US">Unrecognized tax benefits at beginning of period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_lbl" xml:lang="en-US">Additions based on tax positions related to the current year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_lbl" xml:lang="en-US">Changes to tax positions of prior years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities" xlink:to="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities_lbl" xml:lang="en-US">Settlements</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:to="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_lbl" xml:lang="en-US">Expirations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_UnrecognizedTaxBenefits_2_lbl" xml:lang="en-US">Unrecognized tax benefits at end of period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OtherTaxCarryforwardGrossAmount" xlink:label="us-gaap_OtherTaxCarryforwardGrossAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherTaxCarryforwardGrossAmount" xlink:to="us-gaap_OtherTaxCarryforwardGrossAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherTaxCarryforwardGrossAmount_lbl" xml:lang="en-US">Statutory depletion carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLossCarryforwards" xlink:label="us-gaap_OperatingLossCarryforwards" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwards" xlink:to="us-gaap_OperatingLossCarryforwards_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwards_lbl" xml:lang="en-US">Net operating loss carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OperatingLossCarryforwardsExpirationDates" xlink:label="us-gaap_OperatingLossCarryforwardsExpirationDates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingLossCarryforwardsExpirationDates" xlink:to="us-gaap_OperatingLossCarryforwardsExpirationDates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OperatingLossCarryforwardsExpirationDates_lbl" xml:lang="en-US">Expiration date, operating loss carryforward</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:to="us-gaap_DeferredIncomeTaxExpenseBenefit_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DeferredIncomeTaxExpenseBenefit_3_lbl" xml:lang="en-US">Deferred income tax benefit (expense)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">Current income tax benefit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:label="us-gaap_LiabilityForUncertainTaxPositionsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:to="us-gaap_LiabilityForUncertainTaxPositionsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_LiabilityForUncertainTaxPositionsCurrent_lbl" xml:lang="en-US">Uncertain tax positions</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_MajorCustomerPercentOfTotalOilAndGasRevenues" xlink:label="MXC_MajorCustomerPercentOfTotalOilAndGasRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_MajorCustomerPercentOfTotalOilAndGasRevenues" xlink:to="MXC_MajorCustomerPercentOfTotalOilAndGasRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_MajorCustomerPercentOfTotalOilAndGasRevenues_lbl" xml:lang="en-US">Major customer, percent of total oil and gas revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_MajorCustomerPercentOfTotalOilAndGasReceivable" xlink:label="MXC_MajorCustomerPercentOfTotalOilAndGasReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_MajorCustomerPercentOfTotalOilAndGasReceivable" xlink:to="MXC_MajorCustomerPercentOfTotalOilAndGasReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_MajorCustomerPercentOfTotalOilAndGasReceivable_lbl" xml:lang="en-US">Major customer, total oil and gas accounts receivable</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_MajorCustomerQuantity" xlink:label="MXC_MajorCustomerQuantity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_MajorCustomerQuantity" xlink:to="MXC_MajorCustomerQuantity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_MajorCustomerQuantity_lbl" xml:lang="en-US">Major customer, quantity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract" xlink:to="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract_lbl" xml:lang="en-US">Property acquisition costs:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves" xlink:to="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves_lbl" xml:lang="en-US">Proved</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties" xlink:label="us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties" xlink:to="us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties_lbl" xml:lang="en-US">Unproved</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredDevelopmentCosts" xlink:label="us-gaap_CostsIncurredDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredDevelopmentCosts" xlink:to="us-gaap_CostsIncurredDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredDevelopmentCosts_lbl" xml:lang="en-US">Development</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredExplorationCosts" xlink:label="us-gaap_CostsIncurredExplorationCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredExplorationCosts" xlink:to="us-gaap_CostsIncurredExplorationCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredExplorationCosts_lbl" xml:lang="en-US">Exploration</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAssetRetirementObligationIncurred" xlink:to="us-gaap_CostsIncurredAssetRetirementObligationIncurred_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsIncurredAssetRetirementObligationIncurred_2_lbl" xml:lang="en-US">Capitalized asset retirement obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties" xlink:to="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties_lbl" xml:lang="en-US">Total costs incurred for oil and gas properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalizedCostsProvedProperties" xlink:label="us-gaap_CapitalizedCostsProvedProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizedCostsProvedProperties" xlink:to="us-gaap_CapitalizedCostsProvedProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_CapitalizedCostsProvedProperties_lbl" xml:lang="en-US">Proved oil and gas properties</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_UnprovedOilAndGasProperties" xlink:label="MXC_UnprovedOilAndGasProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_UnprovedOilAndGasProperties" xlink:to="MXC_UnprovedOilAndGasProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_UnprovedOilAndGasProperties_lbl" xml:lang="en-US">Unproved oil and gas properties:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AcquisitionCostsCumulative" xlink:label="us-gaap_AcquisitionCostsCumulative" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AcquisitionCostsCumulative" xlink:to="us-gaap_AcquisitionCostsCumulative_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AcquisitionCostsCumulative_lbl" xml:lang="en-US">subject to amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative" xlink:label="us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative" xlink:to="us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative_lbl" xml:lang="en-US">not subject to amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross" xlink:label="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross" xlink:to="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross_lbl" xml:lang="en-US">total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities" xlink:label="us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities" xlink:to="us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities_lbl" xml:lang="en-US">Less accumulated DD&amp;A</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet" xlink:label="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet" xlink:to="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AmortizationExpensePerPhysicalUnitOfProduction" xlink:label="us-gaap_AmortizationExpensePerPhysicalUnitOfProduction" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AmortizationExpensePerPhysicalUnitOfProduction" xlink:to="us-gaap_AmortizationExpensePerPhysicalUnitOfProduction_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_AmortizationExpensePerPhysicalUnitOfProduction_lbl" xml:lang="en-US">DD&amp;A per mcfe of production</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodShares" xlink:to="us-gaap_StockRepurchasedDuringPeriodShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockRepurchasedDuringPeriodShares_2_lbl" xml:lang="en-US">Shares repurchased for treasury</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockRepurchasedDuringPeriodValue" xlink:to="us-gaap_StockRepurchasedDuringPeriodValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockRepurchasedDuringPeriodValue_2_lbl" xml:lang="en-US">Cost of stock repurchased</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Grant-date fair value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_lbl" xml:lang="en-US">Volatility factor</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate_lbl" xml:lang="en-US">Dividend yield</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_lbl" xml:lang="en-US">Risk-free interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_lbl" xml:lang="en-US">Expected term (in years)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_lbl" xml:lang="en-US">Shares outstanding, beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_lbl" xml:lang="en-US">Number of shares granted</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_2_lbl" xml:lang="en-US">Number of shares exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod_lbl" xml:lang="en-US">Shares forfeited or expired</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_2_lbl" xml:lang="en-US">Shares outstanding, end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_lbl" xml:lang="en-US">Options Vested</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber_lbl" xml:lang="en-US">Options Exercisable</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Outstanding, Weighted Average Exercise Price Per Share, beginning</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2_lbl" xml:lang="en-US">Options Outstanding, Weighted Average Exercise Price Per Share, end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_lbl" xml:lang="en-US">Options Outstanding, Weighted Aggregate Average Remaining Contract Life in Years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_lbl" xml:lang="en-US">Options Outstanding, Intrinsic Value, beginning</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_2_lbl" xml:lang="en-US">Options Outstanding, Intrinsic Value, end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Granted, Weighted Average Exercise Price Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Exercised, Weighted Average Exercise Price Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Forfeited or Expired, Weighted Average Exercise Price Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Vested, Weighted Average Exercise Price Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_lbl" xml:lang="en-US">Options Vested, Weighted Aggregate Average Remaining Contract Life in Years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue_lbl" xml:lang="en-US">Options Vested, Intrinsic Value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice_lbl" xml:lang="en-US">Options Exercisable, Weighted Average Exercise Price Per Share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1_lbl" xml:lang="en-US">Options Exercisable, Weighted Aggregate Average Remaining Contract Life in Years</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue_lbl" xml:lang="en-US">Options Exercisable, Intrinsic Value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_lbl" xml:lang="en-US">Weighted average grant-date fair value of stock options granted (per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue_lbl" xml:lang="en-US">Total fair value of options vested</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_lbl" xml:lang="en-US">Total intrinsic value of options exercised</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_3_lbl" xml:lang="en-US">Number of options outstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_3_lbl" xml:lang="en-US">Weighted Average Exercise Price Per Share</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:to="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_2_lbl" xml:lang="en-US">Weighted Average Remaining Contract Life in Years</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:to="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_3_lbl" xml:lang="en-US">Aggregate Intrinsic Value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AllocatedShareBasedCompensationExpense" xlink:to="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AllocatedShareBasedCompensationExpense_lbl" xml:lang="en-US">Compensation expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions_lbl" xml:lang="en-US">Total cost related to non-vested awards</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:to="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_lbl" xml:lang="en-US">Non-vested awards, weighted average period of recognition</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:to="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3_lbl" xml:lang="en-US">Exercised options</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:to="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_2_lbl" xml:lang="en-US">Option exercise price</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromStockOptionsExercised" xlink:to="us-gaap_ProceedsFromStockOptionsExercised_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProceedsFromStockOptionsExercised_2_lbl" xml:lang="en-US">Proceeds from options exercised</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ExercisedOptionsResultingInDisqualifyingDisposition" xlink:label="MXC_ExercisedOptionsResultingInDisqualifyingDisposition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ExercisedOptionsResultingInDisqualifyingDisposition" xlink:to="MXC_ExercisedOptionsResultingInDisqualifyingDisposition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ExercisedOptionsResultingInDisqualifyingDisposition_lbl" xml:lang="en-US">Exercised options resulting in a disqualifying disposition</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:label="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:to="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_lbl" xml:lang="en-US">Options outstanding, exercise price, high</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:label="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:to="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_lbl" xml:lang="en-US">Options outstanding, exercise price, low</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:label="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty" xlink:to="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty_lbl" xml:lang="en-US">Shared office expenditures in addition to administrative and operating expenses paid on behalf of the majority stockholder</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesNet" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesNet" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesNet_lbl" xml:lang="en-US">Developed and Undeveloped Reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease_lbl" xml:lang="en-US">Revision of previous estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace_lbl" xml:lang="en-US">Purchase of minerals in place</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions_lbl" xml:lang="en-US">Extensions and discoveries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace_lbl" xml:lang="en-US">Sales of minerals in place</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedAndUndevelopedReservesProduction" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesProduction" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedAndUndevelopedReservesProduction" xlink:to="us-gaap_ProvedDevelopedAndUndevelopedReservesProduction_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_ProvedDevelopedAndUndevelopedReservesProduction_lbl" xml:lang="en-US">Production</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedDevelopedReservesVolume" xlink:label="us-gaap_ProvedDevelopedReservesVolume" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedDevelopedReservesVolume" xlink:to="us-gaap_ProvedDevelopedReservesVolume_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedDevelopedReservesVolume_lbl" xml:lang="en-US">Proved Developed Reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ProvedUndevelopedReserveVolume" xlink:label="us-gaap_ProvedUndevelopedReserveVolume" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedUndevelopedReserveVolume" xlink:to="us-gaap_ProvedUndevelopedReserveVolume_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ProvedUndevelopedReserveVolume_lbl" xml:lang="en-US">Proved Undeveloped Reserves</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedUndevelopedReserveVolume" xlink:to="us-gaap_ProvedUndevelopedReserveVolume_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_ProvedUndevelopedReserveVolume_2_lbl" xml:lang="en-US">PUDs, beginning of year</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ConversionsToPdReserves" xlink:label="MXC_ConversionsToPdReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ConversionsToPdReserves" xlink:to="MXC_ConversionsToPdReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ConversionsToPdReserves_lbl" xml:lang="en-US">Conversions to PD reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AdditionalPudsAdded" xlink:label="MXC_AdditionalPudsAdded" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AdditionalPudsAdded" xlink:to="MXC_AdditionalPudsAdded_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AdditionalPudsAdded_lbl" xml:lang="en-US">Additional PUDs added</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProvedUndevelopedReserveVolume" xlink:to="us-gaap_ProvedUndevelopedReserveVolume_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_ProvedUndevelopedReserveVolume_3_lbl" xml:lang="en-US">PUDs, end of year</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_PudsBeginningOfYearFutureDevelopmentCosts" xlink:label="MXC_PudsBeginningOfYearFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_PudsBeginningOfYearFutureDevelopmentCosts" xlink:to="MXC_PudsBeginningOfYearFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="MXC_PudsBeginningOfYearFutureDevelopmentCosts_lbl" xml:lang="en-US">PUDs, beginning of year, Future Development Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_RevisionOfPreviousEstimatesFutureDevelopmentCosts" xlink:label="MXC_RevisionOfPreviousEstimatesFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_RevisionOfPreviousEstimatesFutureDevelopmentCosts" xlink:to="MXC_RevisionOfPreviousEstimatesFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_RevisionOfPreviousEstimatesFutureDevelopmentCosts_lbl" xml:lang="en-US">Revision of previous estimates, Future Development Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_ConversionsToPdReservesFutureDevelopmentCosts" xlink:label="MXC_ConversionsToPdReservesFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_ConversionsToPdReservesFutureDevelopmentCosts" xlink:to="MXC_ConversionsToPdReservesFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_ConversionsToPdReservesFutureDevelopmentCosts_lbl" xml:lang="en-US">Conversions to PD reserves, Future Development Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AdditionalPudsAddedFutureDevelopmentCosts" xlink:label="MXC_AdditionalPudsAddedFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AdditionalPudsAddedFutureDevelopmentCosts" xlink:to="MXC_AdditionalPudsAddedFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AdditionalPudsAddedFutureDevelopmentCosts_lbl" xml:lang="en-US">Additional PUDs added, Future Development Costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_PudsBeginningOfYearFutureDevelopmentCosts" xlink:to="MXC_PudsBeginningOfYearFutureDevelopmentCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="MXC_PudsBeginningOfYearFutureDevelopmentCosts_2_lbl" xml:lang="en-US">PUDs, end of year, Future Development Costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows_lbl" xml:lang="en-US">Future cash inflows</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts_lbl" xml:lang="en-US">Future production costs and taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts_lbl" xml:lang="en-US">Future development costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense_lbl" xml:lang="en-US">Future income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows_lbl" xml:lang="en-US">Future net cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows_lbl" xml:lang="en-US">Annual 10% discount for estimated timing of cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure_lbl" xml:lang="en-US">Standardized measure of discounted future net cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts" xlink:label="us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts" xlink:to="us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts_lbl" xml:lang="en-US">Sales of oil and gas produced, net of production costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts" xlink:label="us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts" xlink:to="us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts_lbl" xml:lang="en-US">Net changes in price and production costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts" xlink:label="us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts" xlink:to="us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts_lbl" xml:lang="en-US">Changes in previously estimated development costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_RevisionsOfPreviousQuantityEstimates" xlink:label="us-gaap_RevisionsOfPreviousQuantityEstimates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RevisionsOfPreviousQuantityEstimates" xlink:to="us-gaap_RevisionsOfPreviousQuantityEstimates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RevisionsOfPreviousQuantityEstimates_lbl" xml:lang="en-US">Revisions of quantity estimates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDueToPurchasesOfMineralsInPlace" xlink:label="us-gaap_IncreaseDueToPurchasesOfMineralsInPlace" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDueToPurchasesOfMineralsInPlace" xlink:to="us-gaap_IncreaseDueToPurchasesOfMineralsInPlace_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDueToPurchasesOfMineralsInPlace_lbl" xml:lang="en-US">Net change due to purchases and sales of minerals in place</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts" xlink:label="us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts" xlink:to="us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts_lbl" xml:lang="en-US">Extensions and discoveries, less related costs</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves" xlink:label="us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves" xlink:to="us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves_lbl" xml:lang="en-US">Net change in income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_AccretionOfDiscount" xlink:label="us-gaap_AccretionOfDiscount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AccretionOfDiscount" xlink:to="us-gaap_AccretionOfDiscount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AccretionOfDiscount_lbl" xml:lang="en-US">Accretion of discount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther" xlink:to="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther_lbl" xml:lang="en-US">Changes in timing of estimated cash flows and other</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease" xlink:to="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease_lbl" xml:lang="en-US">Changes in standardized measure</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves" xlink:to="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves_lbl" xml:lang="en-US">Standardized measure, beginning of year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves" xlink:to="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves_2_lbl" xml:lang="en-US">Standardized measure, end of year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts" xlink:to="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts_2_lbl" xml:lang="en-US">future cash flows estimated to be spent to develop our share of proved undeveloped properties through March 31, 2018</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AveragePriceUsedPerBbl" xlink:label="MXC_AveragePriceUsedPerBbl" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AveragePriceUsedPerBbl" xlink:to="MXC_AveragePriceUsedPerBbl_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AveragePriceUsedPerBbl_lbl" xml:lang="en-US">average prices used, per bbl</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_AveragePricesUsedPerMcf" xlink:label="MXC_AveragePricesUsedPerMcf" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AveragePricesUsedPerMcf" xlink:to="MXC_AveragePricesUsedPerMcf_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AveragePricesUsedPerMcf_lbl" xml:lang="en-US">average prices used, per mcf</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_SelectedQuarterlyFinancialDataAbstract" xlink:label="MXC_SelectedQuarterlyFinancialDataAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_SelectedQuarterlyFinancialDataAbstract" xlink:to="MXC_SelectedQuarterlyFinancialDataAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_SelectedQuarterlyFinancialDataAbstract_lbl" xml:lang="en-US">Selected Quarterly Financial Data Details</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2012/elts/us-gaap-2012-01-31.xsd#us-gaap_OilAndGasRevenue" xlink:label="us-gaap_OilAndGasRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OilAndGasRevenue" xlink:to="us-gaap_OilAndGasRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OilAndGasRevenue_lbl" xml:lang="en-US">Oil and gas revenue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OperatingIncomeLoss" xlink:to="us-gaap_OperatingIncomeLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="us-gaap_OperatingIncomeLoss_2_lbl" xml:lang="en-US">Operating profit (loss)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_EarningsPerShareBasic" xlink:to="us-gaap_EarningsPerShareBasic_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EarningsPerShareBasic_3_lbl" xml:lang="en-US">Net income (loss) per share - basic</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_EarningsPerShareDiluted_3_lbl" xml:lang="en-US">Net income (loss) per share - diluted</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_OilAndGasSales" xlink:to="MXC_OilAndGasSales_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="MXC_OilAndGasSales_doc" xml:lang="en-US">Oil and gas sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AssetRetirementObligations" xlink:to="MXC_AssetRetirementObligations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="MXC_AssetRetirementObligations_doc" xml:lang="en-US">Asset Retirement Obligations [Default Label]</link:label>
      <link:loc xlink:type="locator" xlink:href="mxc-20130331.xsd#MXC_NotesToFinancialStatementsAbstract" xlink:label="MXC_NotesToFinancialStatementsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_NotesToFinancialStatementsAbstract" xlink:to="MXC_NotesToFinancialStatementsAbstract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="MXC_NotesToFinancialStatementsAbstract_doc" xml:lang="en-US">Notes To Financial Statements (Details)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations" xlink:to="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations_doc" xml:lang="en-US">Asset retirement obligations assumed</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsCurrent" xlink:to="us-gaap_AssetsCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsCurrent_2_lbl" xml:lang="en-US">Assets, Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PropertyPlantAndEquipmentGross" xlink:to="us-gaap_PropertyPlantAndEquipmentGross_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PropertyPlantAndEquipmentGross_2_lbl" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_Assets_2_lbl" xml:lang="en-US">Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TreasuryStockValue" xlink:to="us-gaap_TreasuryStockValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TreasuryStockValue_2_lbl" xml:lang="en-US">Treasury Stock, Value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_StockholdersEquity_4_lbl" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_2_lbl" xml:lang="en-US">Liabilities and Equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherSalesRevenueNet" xlink:to="us-gaap_OtherSalesRevenueNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherSalesRevenueNet_2_lbl" xml:lang="en-US">Other Revenue, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SalesRevenueNet" xlink:to="us-gaap_SalesRevenueNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SalesRevenueNet_2_lbl" xml:lang="en-US">Revenue, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsAndExpenses" xlink:to="us-gaap_CostsAndExpenses_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CostsAndExpenses_2_lbl" xml:lang="en-US">Costs and Expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestExpense" xlink:to="us-gaap_InterestExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestExpense_2_lbl" xml:lang="en-US">Interest Expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NonoperatingIncomeExpense" xlink:to="us-gaap_NonoperatingIncomeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NonoperatingIncomeExpense_2_lbl" xml:lang="en-US">Nonoperating Income (Expense)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:to="us-gaap_CurrentIncomeTaxExpenseBenefit_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CurrentIncomeTaxExpenseBenefit_3_lbl" xml:lang="en-US">Current Income Tax Expense (Benefit)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxExpenseBenefit" xlink:to="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxExpenseBenefit_2_lbl" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SharesIssued" xlink:to="us-gaap_SharesIssued_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_SharesIssued_3_lbl" xml:lang="en-US">Shares, Issued</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OtherNoncashIncomeExpense" xlink:to="us-gaap_OtherNoncashIncomeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_OtherNoncashIncomeExpense_2_lbl" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireOilAndGasProperty" xlink:to="us-gaap_PaymentsToAcquireOilAndGasProperty_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireOilAndGasProperty_2_lbl" xml:lang="en-US">Payments to Acquire Oil and Gas Property</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment" xlink:to="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Payments to Acquire Other Property, Plant, and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInInvestingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_2_lbl" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RepaymentsOfLongTermDebt" xlink:to="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RepaymentsOfLongTermDebt_2_lbl" xml:lang="en-US">Repayments of Long-term Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities" xlink:to="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_2_lbl" xml:lang="en-US">Excess Tax Benefit (Tax Deficiency) from Share-based Compensation, Financing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivities_2_lbl" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="MXC_AssetRetirementObligations" xlink:to="MXC_AssetRetirementObligations_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="MXC_AssetRetirementObligations_3_lbl" xml:lang="en-US">AssetRetirementObligations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetRetirementObligationsPolicy" xlink:to="us-gaap_AssetRetirementObligationsPolicy_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetRetirementObligationsPolicy_2_lbl" xml:lang="en-US">Asset Retirement Obligations, Policy [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxPolicyTextBlock" xlink:to="us-gaap_IncomeTaxPolicyTextBlock_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxPolicyTextBlock_2_lbl" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LineOfCreditFacilityAmountOutstanding" xlink:to="us-gaap_LineOfCreditFacilityAmountOutstanding_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LineOfCreditFacilityAmountOutstanding_3_lbl" xml:lang="en-US">Line of Credit Facility, Amount Outstanding</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsOther" xlink:to="us-gaap_DeferredTaxAssetsOther_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsOther_2_lbl" xml:lang="en-US">Deferred Tax Assets, Other</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxAssetsNet" xlink:to="us-gaap_DeferredTaxAssetsNet_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxAssetsNet_2_lbl" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment" xlink:to="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Deferred Tax Liabilities, Property, Plant and Equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DeferredTaxLiabilities" xlink:to="us-gaap_DeferredTaxLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_DeferredTaxLiabilities_2_lbl" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities" xlink:to="us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities_2_lbl" xlink:type="arc" />
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationDeductionsOther" xlink:to="us-gaap_IncomeTaxReconciliationDeductionsOther_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationDeductionsOther_2_lbl" xml:lang="en-US">Income Tax Reconciliation, Deductions, Other</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncomeTaxReconciliationTaxCredits" xlink:to="us-gaap_IncomeTaxReconciliationTaxCredits_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_IncomeTaxReconciliationTaxCredits_2_lbl" xml:lang="en-US">Income Tax Reconciliation, Tax Credits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_UnrecognizedTaxBenefits" xlink:to="us-gaap_UnrecognizedTaxBenefits_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_UnrecognizedTaxBenefits_3_lbl" xml:lang="en-US">Unrecognized Tax Benefits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilityForUncertainTaxPositionsCurrent" xlink:to="us-gaap_LiabilityForUncertainTaxPositionsCurrent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_LiabilityForUncertainTaxPositionsCurrent_2_lbl" xml:lang="en-US">Liability for Uncertain Tax Positions, Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties" xlink:to="us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties_2_lbl" xlink:type="arc" />
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<TYPE>EX-101.PRE
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;2. Summary of Significant Accounting Policies&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Principles of Consolidation&lt;/b&gt;. The consolidated
financial statements include the accounts of Mexco Energy Corporation and its wholly owned subsidiaries. All significant intercompany
balances and transactions associated with the consolidated operations have been eliminated.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Estimates and Assumptions&lt;/b&gt;. In preparing
financial statements in conformity with accounting principles generally accepted in the United States of America, management is
required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of
the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition,
significant estimates are used in determining year end proved oil and gas reserves. Although management believes its estimates
and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of our oil and natural
gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most
significant of the estimates and assumptions that affect these reported results.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Cash and Cash Equivalents&lt;/b&gt;. We consider
all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.
We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash
equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed
to any significant credit risk.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Accounts Receivable.&lt;/b&gt; Our accounts receivable
include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a
customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a
right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed
and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss
history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance
has been made for doubtful accounts.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Oil and Gas Properties&lt;/b&gt;. Oil and gas
properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,
as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes
any internal costs that are directly related to exploration and development activities but does not include any costs related to
production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated
asset retirement costs recorded based on the fair value of the asset retirement obligation (&amp;#147;ARO&amp;#148;) when incurred. Generally,
no gains or losses are recognized on the sale or disposition of oil and gas properties.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Accounting for Long-Lived Assets. &lt;/b&gt;The Company reviews property
and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated
future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Excluded Costs&lt;/b&gt;. Oil and gas properties
include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties
and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs
are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment
is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&amp;#147;DD&amp;#38;A&amp;#148;)
pool). Impairments transferred to the DD&amp;#38;A pool increase the DD&amp;#38;A rate.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Ceiling Test&lt;/b&gt;. Under the full cost method
of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,
or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net
cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement
obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for
the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil
and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected
in additional accumulated DD&amp;#38;A. This is called a &amp;#34;ceiling limitation write-down.&amp;#34; This charge does not impact cash
flow from operating activities, but does reduce our stockholders' equity and reported earnings.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Depreciation, Depletion and Amortization&lt;/b&gt;.
The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&amp;#38;A, estimated future
development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.
The depreciable base of oil and gas properties is amortized using the unit-of-production method.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Asset Retirement Obligations&lt;/b&gt;. We have
significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production
operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase
in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related
asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting
from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimating the future ARO requires management
to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.
We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value
calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,
timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions
to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related
asset.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income Taxes&lt;/b&gt;. The Company recognizes
deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets
and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable
to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change
in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded
as interest expense and general and administrative expense, respectively.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Property and Equipment&lt;/b&gt;. Provisions
for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of
three to ten years.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income (Loss) Per Common Share&lt;/b&gt;.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares
outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise
prices less than the average market price of the common stock during the period using the treasury stock method and is
computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares
(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common
shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Due to a net loss for the year ended March
31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would
be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations
because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,
2012.&lt;font style="color: red"&gt; &lt;/font&gt;For the year ended March 31, 2011, no potential common shares relating to stock options were
excluded in the computation of diluted net income per share.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following is a reconciliation of the number
of shares used in the calculation of basic income per share and diluted income per share for the periods ended March 31:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 642px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 3.5in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net (loss) income &lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(176,374)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;329,993&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;155,696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares outstanding:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,036,959&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,028,014&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,947,605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of the assumed exercise of dilutive stock options&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; dilutive&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,959&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,241&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,962,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Loss) income per common share:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Diluted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Revenue Recognition. &lt;/b&gt;Oil and gas sales
and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to
credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically
had little, if any, uncollectible oil and gas receivables.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Gas Balancing&lt;/b&gt;. Gas imbalances are accounted
for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes
of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those
wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas
imbalances.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Stock-based Compensation&lt;/b&gt;. We use the
Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized
as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation
awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Recent Accounting Pronouncements. &lt;font style="font-weight: normal"&gt;In
May 2011, the Financial Accounting Standards Board (&amp;#147;FASB&amp;#148;) issued Accounting Standards Update (&amp;#147;ASU&amp;#148;)
No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.
ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April
1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.&lt;/font&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify; text-indent: 22.5pt"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify"&gt;There were various other accounting
standards and interpretations issued during our fiscal year, all of which have been determined to be not applicable or significant
by management to have a material impact on the Company&amp;#146;s financial position, operations or cash flows.&lt;/p&gt;

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          <div style="width: 200px;"><strong>Stock Options<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">11. Stock Options</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In September 2009, we adopted the 2009
Employee Incentive Stock Plan (&#147;2009 Plan&#148;). The 2009 Plan provides for the award of stock options up to 200,000
shares and includes option awards as well as stock awards. Option awards are granted with the restriction of requiring
payment for the shares. Stock awards are granted without restrictions and without payment by the recipient. Neither option
awards nor stock awards may exceed 25,000 shares granted to any one individual in any fiscal year. Stock options may be an
incentive stock option or a nonqualified stock option. Options to purchase common stock under the plan are granted at the
fair market value of the common stock at the date of grant, become exercisable to the extent of 25% of the shares optioned on
each of four anniversaries of the date of grant, expire ten years from the date of grant and are subject to forfeiture if
employment terminates. The 2009 Plan expires ten years from the date of adoption.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">According to our employee stock incentive plan,
new shares will be issued upon the exercise of stock options and the Company can repurchase shares exercised under the plan. The
plan also provides for the granting of stock awards. No stock awards were granted during fiscal 2013, 2012 and 2011.</p>



<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We recognized compensation expense of $138,303,
$120,124 and $51,350 in general and administrative expense in the Consolidated Statements of Operations for fiscal 2013, 2012 and
2011, respectively. The total cost related to non-vested awards not yet recognized at March 31, 2013 totals $111,644, which is
expected to be recognized over a weighted average of 2.1 years.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The fair value of each stock option is estimated
on the date of grant using the Binomial valuation model. Expected volatilities are based on historical volatility of the Company&#146;s
stock over the contractual term of 120 months and other factors. We use historical data to estimate option exercise and employee
termination within the valuation model. The expected term of options granted is derived from the output of the option valuation
model and represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within
the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. As the Company has
never declared dividends, no dividend yield is used in the calculation. Actual value realized, if any, is dependent on the future
performance of the Company&#146;s common stock and overall stock market conditions. There is no assurance the value realized by
an optionee will be at or near the value estimated by the Binomial model.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">During the year ended March 31, 2013, no stock
options were granted. During the year ended March 31, 2012, the Compensation Committee of the Board of Directors approved and we
issued 40,000 stock options to board members, officers and employees of Mexco exercisable at $6.80 per share. During the year ended
March 31, 2011, the Compensation Committee of the Board of Directors approved and we issued 42,500 stock options to board members,
officers and employees of Mexco exercisable at prices ranging from $6.06 to $6.29 per share. These options are exercisable at a
price not less than the fair market value of the stock at the date of grant, have an exercise period of ten years and generally
vest over four years.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Included in the following table is a summary
of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options
granted in fiscal 2013, 2012 and 2011. All such amounts represent the weighted average amounts for each period.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">No forfeiture rate is assumed for stock options
granted to directors or employees due to the forfeiture rate history for these types of awards. There were no stock options forfeited
or expired during the year ended March 31, 2013 and 2012. During the year ended March 31, 2011, 1,000 vested stock options expired
because they were not exercised prior to the end of their ten-year term and 10,000 unvested stock options were forfeited due to
the termination of a consulting agreement with a consultant and the resignation of an employee.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended March 31, 2013, employees
and directors exercised options on a total of 3,750 shares at exercise prices of $4.35 per share.<font style="color: red"> </font>We
received proceeds of $16,313 from these exercises. The total intrinsic value of the exercised options was $3,138. No tax deduction
is recorded when options are awarded. Mexco issued new shares of common stock to settle these option exercises.<font style="color: red">
</font>For the year ended March 31, 2012, employees and directors exercised options on a total of 10,000 shares at exercise prices
of $4.00 per share. We received proceeds of $40,000 from these exercises. The total intrinsic value of the exercised options was
$38,600. For the year ended March 31, 2011, stock options covering 85,250 shares were exercised with 29,950 of these exercised
options resulted in a disqualifying disposition. We received proceeds of $533,625 from these option exercises for the year ended
March 31, 2011.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table is a summary of activity
of stock options for the year ended March 31, 2013, 2012 and 2011:</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
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    <td style="width: 132.4pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Outstanding options at March 31, 2013 expire
between August 2020 and November 2021 and have exercise prices ranging from $6.06 to $6.80.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><span></span></td>
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                <p>The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.</p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EGKAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Oil and Gas Reserve Data - Progress of Converting Proved Undeveloped Reserves: (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
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          <div>Mar. 31, 2013

</div>
          <div>Mcf</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
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        <td class="nump">3,995,462<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_ConversionsToPdReserves', window );">Conversions to PD reserves</a></td>
        <td class="num">(155,700)<span></span></td>
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        <td class="nump">379,334<span></span></td>
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                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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                <p>No definition available.</p>
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                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Revisions represent changes in previous estimates of proved reserves, either upward or downward, resulting from new information (except for an increase in proved acreage) normally obtained from development drilling and production history or resulting from change in economic factors.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:volumeItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProvedUndevelopedReserveVolume">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net quantities of an enterprise's interests in proved undeveloped reserves of either crude oil (including condensate and natural gas liquids), natural gas, synthetic oil and gas, or other renewable natural resource that is intended to be upgraded into synthetic oil and gas as of the beginning and the end of the year. "Net" quantities of reserves include those relating to the enterprise's operating and nonoperating interests in properties. Quantities of reserves relating to royalty interests owned are included in "net" quantities if the necessary information is available to the enterprise. "Net" quantities does not include reserves relating to interests of others in properties owned by the enterprise. The unit of measure for reserve quantities is defined as "barrels" for oil and synthetic oil reserves or "cubic feet" or "cubic meters" for natural gas and synthetic gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61797-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61884-109447<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProvedUndevelopedReserveVolume</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:volumeItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td>instant</td>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EWZAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueNetAbstract', window );"><strong>Operating revenues:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OilAndGasSalesRevenue', window );">Oil and gas</a></td>
        <td class="nump">$ 3,063,707<span></span></td>
        <td class="nump">$ 3,223,659<span></span></td>
        <td class="nump">$ 3,145,247<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherSalesRevenueNet', window );">Other</a></td>
        <td class="nump">32,708<span></span></td>
        <td class="nump">16,380<span></span></td>
        <td class="nump">16,611<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesRevenueNet', window );">Total operating revenues</a></td>
        <td class="nump">3,096,415<span></span></td>
        <td class="nump">3,240,039<span></span></td>
        <td class="nump">3,161,858<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsAndExpensesAbstract', window );"><strong>Operating expenses:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostOfGoodsSoldOilAndGas', window );">Production</a></td>
        <td class="nump">1,082,043<span></span></td>
        <td class="nump">926,215<span></span></td>
        <td class="nump">1,025,932<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationAccretionExpense', window );">Accretion of asset retirement obligations</a></td>
        <td class="nump">39,376<span></span></td>
        <td class="nump">36,251<span></span></td>
        <td class="nump">34,129<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationDepletionAndAmortization', window );">Depreciation, depletion, and amortization</a></td>
        <td class="nump">1,100,425<span></span></td>
        <td class="nump">996,205<span></span></td>
        <td class="nump">1,047,906<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_GeneralAndAdministrativeExpense', window );">General and administrative</a></td>
        <td class="nump">1,028,846<span></span></td>
        <td class="nump">950,690<span></span></td>
        <td class="nump">877,790<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsAndExpenses', window );">Total operating expenses</a></td>
        <td class="nump">3,250,690<span></span></td>
        <td class="nump">2,909,361<span></span></td>
        <td class="nump">2,985,757<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Operating (loss) profit</a></td>
        <td class="num">(154,275)<span></span></td>
        <td class="nump">330,678<span></span></td>
        <td class="nump">176,101<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NonoperatingIncomeExpenseAbstract', window );"><strong>Other income (expenses):</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InvestmentIncomeInterest', window );">Interest income</a></td>
        <td class="nump">229<span></span></td>
        <td class="nump">195<span></span></td>
        <td class="nump">360<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestExpense', window );">Interest expense</a></td>
        <td class="num">(53,832)<span></span></td>
        <td class="num">(28,840)<span></span></td>
        <td class="num">(36,361)<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NonoperatingIncomeExpense', window );">Net other expense</a></td>
        <td class="num">(53,603)<span></span></td>
        <td class="num">(28,645)<span></span></td>
        <td class="num">(36,001)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments', window );">(Loss) earnings before provision for income taxes</a></td>
        <td class="num">(207,878)<span></span></td>
        <td class="nump">302,033<span></span></td>
        <td class="nump">140,100<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefitAbstract', window );"><strong>Income tax expense (benefit):</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Current</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">25,502<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred</a></td>
        <td class="num">(31,504)<span></span></td>
        <td class="num">(27,960)<span></span></td>
        <td class="nump">9,906<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxExpenseBenefit', window );">TOTAL</a></td>
        <td class="num">(31,504)<span></span></td>
        <td class="num">(27,960)<span></span></td>
        <td class="num">(15,596)<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net (loss) income</a></td>
        <td class="num">$ (176,374)<span></span></td>
        <td class="nump">$ 329,993<span></span></td>
        <td class="nump">$ 155,696<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareAbstract', window );"><strong>(Loss) income per common share:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Basic</a></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">Diluted</a></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract', window );"><strong>Weighted average common shares outstanding:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Basic</a></td>
        <td class="nump">2,036,959<span></span></td>
        <td class="nump">2,028,014<span></span></td>
        <td class="nump">1,947,605<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Diluted</a></td>
        <td class="nump">2,036,959<span></span></td>
        <td class="nump">2,036,241<span></span></td>
        <td class="nump">1,962,656<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetRetirementObligationAccretionExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 410<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392676&amp;loc=d3e7480-110848<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 410<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (c)(3)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 143<br><br><br><br> -Paragraph 22<br><br><br><br> -Subparagraph c(3)<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 143<br><br><br><br> -Paragraph 13, 14<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationAccretionExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostOfGoodsSoldOilAndGas">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total costs related to oil and gas produced and sold during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 2<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.2(b))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostOfGoodsSoldOilAndGas</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
        </tr>
      </table>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total costs of sales and operating expenses for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostsAndExpenses</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CostsAndExpensesAbstract">
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostsAndExpensesAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td>xbrli:stringItemType</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CurrentIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Current Tax Expense (or Benefit)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 9<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(h))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph h<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 6<br><br><br><br> -Section I<br><br><br><br> -Subsection 7<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 289<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CurrentIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph b<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 28<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 28<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(h))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph h<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 6<br><br><br><br> -Section I<br><br><br><br> -Subsection 7<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 289<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br><br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 9<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationDepletionAndAmortization">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 28<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DepreciationDepletionAndAmortization</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 225<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-04.23)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 36, 37, 38<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Emerging Issues Task Force (EITF)<br><br><br><br> -Number 07-4<br><br><br><br> -Paragraph 4<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.21)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 21<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 55<br><br><br><br> -Paragraph 52<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=16381557&amp;loc=d3e4984-109258<br><br><br><br><br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 225<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-04.19)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareBasic</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Emerging Issues Task Force (EITF)<br><br><br><br> -Number 07-4<br><br><br><br> -Paragraph 4<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.21)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 11, 12, 36<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 21<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareDiluted</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_GeneralAndAdministrativeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.4)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_GeneralAndAdministrativeExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(h)(1)(i))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph h<br><br><br><br> -Subparagraph 1(i)<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 235<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.4-08.(h))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 08<br><br><br><br> -Paragraph h<br><br><br><br> -Article 4<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Income Tax Expense (or Benefit)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6515339<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 9<br><br><br><br> -Subparagraph (a),(b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 45<br><br><br><br> -Subparagraph a, b<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxExpenseBenefitAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxExpenseBenefitAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cost of borrowed funds accounted for as interest that was charged against earnings during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 34<br><br><br><br> -Paragraph 21<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 835<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6450988&amp;loc=d3e26243-108391<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 942<br><br><br><br> -SubTopic 225<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.9-04.9)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 9<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher OTS<br><br><br><br> -Name Federal Regulation (FR)<br><br><br><br> -Number Title 12<br><br><br><br> -Section 563c.102<br><br><br><br> -Paragraph 9<br><br><br><br> -Chapter V<br><br><br><br> -Subsection II<br><br><br><br> -LegacyDoc This is a non-GAAP reference that was included in the 2009 taxonomy.  It will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestExpense</nobr></td>
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                  <tr>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 115<br><br><br><br> -Paragraph 14<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 7<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.7(b))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InvestmentIncomeInterest</nobr></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 28, 29, 30<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.18)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 9<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 225<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-04.22)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 130<br><br><br><br> -Paragraph 10, 15<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 220<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e565-108580<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 19<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 28<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Other Comprehensive Income<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br><br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Net Income<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br><br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 38<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A7<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph 38<br><br><br><br> -Subparagraph d<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br><br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 944<br><br><br><br> -SubTopic 225<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.7-04.19)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br><br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Emerging Issues Task Force (EITF)<br><br><br><br> -Number 87-21<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
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                  <tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.7)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 7<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NonoperatingIncomeExpense</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td>duration</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NonoperatingIncomeExpenseAbstract</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OilAndGasSalesRevenue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Revenue from the sale of oil and gas during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 932<br><br><br><br> -SubTopic 235<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 23<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62136-109447<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 932<br><br><br><br> -SubTopic 235<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 24<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62246-109447<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OilAndGasSalesRevenue</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net result for the period of deducting operating expenses from operating revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OperatingIncomeLoss</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                <p>Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 225<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SX 210.5-03.1(a),(d))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
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                <p>Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts.</p>
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              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Emerging Issues Task Force (EITF)<br><br><br><br> -Number 07-4<br><br><br><br> -Paragraph 4<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 16<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1505-109256<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 40<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 8<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Emerging Issues Task Force (EITF)<br><br><br><br> -Number 07-4<br><br><br><br> -Paragraph 4<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 171<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 40<br><br><br><br> -Subparagraph a<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 260<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 10<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1448-109256<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 128<br><br><br><br> -Paragraph 8<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Weighted-Average Number of Common Shares Outstanding<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br><br><br><br><br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Fair Value of Financial Instruments<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueDisclosuresAbstract', window );"><strong>Fair Value Disclosures [Abstract]</strong></a></td>
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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>4. Fair Value of Financial Instruments.
</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Fair value as defined by authoritative literature
is the price that would be received to sell an asset or paid to transfer a liability (exit price) in an orderly transaction between
market participants at the measurement date. Fair value measurements are classified and disclosed in one of the following categories:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify">Level 1 &#150; Quoted prices in
active markets for identical assets and liabilities.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 48.6pt 0 24.45pt; text-align: justify">Level 2 &#150; Quoted prices
in active markets for similar assets and liabilities, quoted prices for identical or similar instruments in markets that are not
active and model-derived valuations whose inputs are observable or whose significant value drivers are observable.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify">Level 3 &#150; Significant inputs
to the valuation model are unobservable.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Financial assets and liabilities are classified
based on the lowest level of input that is significant to the fair value measurement. In accordance with the reporting requirements
of FASB ASC Topic 825, <i>Financial Instruments</i>, the Company calculates the fair value of its assets and liabilities which
qualify as financial instruments.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The initial measurement of asset retirement
obligations&#146; fair value is calculated using discounted cash flow techniques and is based on internal estimates of future
retirement costs associated with oil and gas properties. Given the unobservable nature of the inputs, including plugging costs
and reserve lives, the initial measurement of the ARO liability is deemed to use Level 3 inputs. See the Company&#146;s note on
AROs for further discussion. AROs incurred during the year ended March 31, 2013 were approximately $114,000.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The carrying amount reported in the accompanying
consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable and accrued expenses approximates
fair value because of the immediate or short-term maturity of these financial instruments. The carrying amount reported in the
accompanying consolidated balance sheets for long term debt approximates fair value because the actual interest rates do not significantly
differ from current rates offered for instruments with similar characteristics.</p>

<p style="font: 11pt Courier; margin: 0">&#160;</p><span></span></td>
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                <p>The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis.</p>
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                <p>Tabular disclosure of short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.</p>
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;545,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;136,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(459,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;290,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,757,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(183,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;19,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;267,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(19,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(396,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;346,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,445,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(589,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;71,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;318,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(23,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(401,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;366,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,844,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>No authoritative reference available.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Changes in Proved Reserves:</Label></Row><Row FlagID="0"><Id>3</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>MXC_SummaryOfProvedDevelopedAndUndevelopedReservesTableTextBlock</ElementName><ElementPrefix>MXC_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 99pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed Reserves:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;141,980&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,017,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;159,975&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,964,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194,620&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,359,670&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;237,420&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,807,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98,088&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,388,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,187&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,792,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,730&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,085,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;128,290&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,037,180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>No authoritative reference available.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Summary of Proved Developed and Undeveloped Reserves</Label></Row><Row FlagID="0"><Id>4</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock</ElementName><ElementPrefix>MXC_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 522px; margin-left: 0.7in; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 2.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil &amp;#38; Natural Gas&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 22.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Mcfe)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development Costs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, beginning of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,995,462&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,307,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(412,155)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(185,185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Conversions to PD reserves&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,700)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(228,198)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additional PUDs added&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;379,334&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;647,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,806,941&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,541,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>No authoritative reference available.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Progress of Converting Proved Undeveloped Reserves:</Label></Row><Row FlagID="0"><Id>5</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock</ElementName><ElementPrefix>MXC_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 654px; margin-left: 5.4pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 229.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future cash inflows&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,900,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;64,783,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;56,413,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future production costs and taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(14,893,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,031,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,086,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future development costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,850,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,530,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,029,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future income taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(6,374,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,920,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,118,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future net cash flows&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,783,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,302,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;32,180,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Annual 10% discount for estimated timing&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;of cash flows&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(12,414,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,946,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,528,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Standardized measure of discounted future&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;net cash flows&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 14,369,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 19,356,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 17,652,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>No authoritative reference available.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves:</Label></Row><Row FlagID="0"><Id>6</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock</ElementName><ElementPrefix>MXC_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Sales of oil and gas produced, net of&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;production costs&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (1,982,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,298,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,119,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net changes in price and production costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,881,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(375,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,590,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in previously estimated development costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,150,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,353,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;830,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revisions of quantity estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(811,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,344,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,088,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Net change due to purchases and sales of&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;minerals in place&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,471,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;390,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,976,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries, less related costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;321,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,449,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;165,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net change in income taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,178,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(596,000) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(1,076,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion of discount&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,495,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,265,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,809,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Changes in timing of estimated cash flows&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;and other&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(3,928,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(1,828,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(771,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in standardized measure&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,987,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,704,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,492,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, beginning of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;14,160,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;14,369,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EHIAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Oil and Gas Reserve Data (Details Narrative) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
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      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts', window );">future cash flows estimated to be spent to develop our share of proved undeveloped properties through March 31, 2018</a></td>
        <td class="nump">$ 4,850,000<span></span></td>
        <td class="nump">$ 4,530,000<span></span></td>
        <td class="nump">$ 4,029,000<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_AveragePriceUsedPerBbl', window );">average prices used, per bbl</a></td>
        <td class="nump">$ 85.53<span></span></td>
        <td class="nump">$ 93.75<span></span></td>
        <td class="nump">$ 77.27<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_AveragePricesUsedPerMcf', window );">average prices used, per mcf</a></td>
        <td class="nump">$ 2.76<span></span></td>
        <td class="nump">$ 3.83<span></span></td>
        <td class="nump">$ 3.88<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The future cost of developing oil and gas from proved reserves located in this geographic region.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Related Party Transactions<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">12. Related Party Transactions</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Related party transactions for the fiscal year
ended March 31, 2013 relate to shared office expenditures in addition to administrative and operating expenses paid on behalf of
the majority stockholder. The total billed to and reimbursed by the stockholder for the years ended March 31, 2013, 2012 and 2011
were $144,404, $123,932 and $137,652, respectively.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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    &lt;td style="width: 4.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of April 1&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;578,911&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities incurred&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities settled&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,246)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,351)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion expense&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of March 31&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;663,279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less: Current portion&lt;/font&gt;&lt;/td&gt;
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 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 410

 -SubTopic 20

 -Section 50

 -Paragraph 1

 -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849



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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EWTAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Stock Options - Summary information about options outstanding at March 31, 2013 (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2010</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of options outstanding</a></td>
        <td class="nump">80,000<span></span></td>
        <td class="nump">83,750<span></span></td>
        <td class="nump">53,750<span></span></td>
        <td class="nump">107,500<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price Per Share</a></td>
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        <td class="nump">$ 6.42<span></span></td>
        <td class="nump">$ 5.69<span></span></td>
        <td class="nump">$ 5.94<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Weighted Average Remaining Contract Life in Years</a></td>
        <td class="text">8 years 237 days<span></span></td>
        <td class="text">7 years 121 days<span></span></td>
        <td class="text">2 years 186 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Aggregate Intrinsic Value</a></td>
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        <td class="nump">$ 127,363<span></span></td>
        <td class="nump">$ 401,200<span></span></td>
        <td class="nump">$ 237,088<span></span></td>
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          <div class="a">Exercise Prices 6.00 &#x96; 6.29</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of options outstanding</a></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price Per Share</a></td>
        <td class="nump">$ 6.23<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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          <div class="a">Exercise Prices 6.30 &#x96; 6.80</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of options outstanding</a></td>
        <td class="nump">40,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Weighted Average Exercise Price Per Share</a></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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          <div class="a">Exercise Prices 6.00 &#x96; 6.29 total</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Number of options outstanding</a></td>
        <td class="nump">80,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">$ 6.52<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="text">8 years 11 days<span></span></td>
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        <td class="text">&#xA0;<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of options outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(a)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(b)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(a)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELGAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Selected Quarterly Financial Data (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="8">3 Months Ended</th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Sep. 30, 2012</div>
        </th>
        <th class="th">
          <div>Jun. 30, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Sep. 30, 2011</div>
        </th>
        <th class="th">
          <div>Jun. 30, 2011</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_SelectedQuarterlyFinancialDataAbstract', window );"><strong>Selected Quarterly Financial Data Details</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OilAndGasRevenue', window );">Oil and gas revenue</a></td>
        <td class="nump">$ 924,098<span></span></td>
        <td class="nump">$ 781,426<span></span></td>
        <td class="nump">$ 734,313<span></span></td>
        <td class="nump">$ 623,870<span></span></td>
        <td class="nump">$ 753,875<span></span></td>
        <td class="nump">$ 753,789<span></span></td>
        <td class="nump">$ 810,655<span></span></td>
        <td class="nump">$ 905,340<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingIncomeLoss', window );">Operating profit (loss)</a></td>
        <td class="nump">63,270<span></span></td>
        <td class="num">(78,469)<span></span></td>
        <td class="num">(17,004)<span></span></td>
        <td class="num">(122,072)<span></span></td>
        <td class="num">(1,305)<span></span></td>
        <td class="nump">63,837<span></span></td>
        <td class="nump">111,466<span></span></td>
        <td class="nump">156,680<span></span></td>
        <td class="num">(154,275)<span></span></td>
        <td class="nump">330,678<span></span></td>
        <td class="nump">176,101<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="num">$ (74,340)<span></span></td>
        <td class="num">$ (39,580)<span></span></td>
        <td class="nump">$ 763<span></span></td>
        <td class="num">$ (63,217)<span></span></td>
        <td class="nump">$ 95,375<span></span></td>
        <td class="nump">$ 50,961<span></span></td>
        <td class="nump">$ 79,272<span></span></td>
        <td class="nump">$ 104,385<span></span></td>
        <td class="num">$ (176,374)<span></span></td>
        <td class="nump">$ 329,993<span></span></td>
        <td class="nump">$ 155,696<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">Net income (loss) per share - basic</a></td>
        <td class="num">$ (0.04)<span></span></td>
        <td class="num">$ (0.02)<span></span></td>
        <td class="nump">$ 0<span></span></td>
        <td class="num">$ (0.03)<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.03<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.05<span></span></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
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        <td class="num">$ (0.04)<span></span></td>
        <td class="num">$ (0.02)<span></span></td>
        <td class="nump">$ 0<span></span></td>
        <td class="num">$ (0.03)<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.03<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.05<span></span></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
      </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_MXC_SelectedQuarterlyFinancialDataAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>MXC_SelectedQuarterlyFinancialDataAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>MXC_</td>
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                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.23)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 36, 37, 38<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16381557&amp;loc=d3e4984-109258<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareBasic</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareDiluted">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 11, 12, 36<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
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                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareDiluted</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A7<br><br> -Appendix A<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 87-21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate revenue during the period related to oil and gas business activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 23<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62136-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62246-109447<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OilAndGasRevenue</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net result for the period of deducting operating expenses from operating revenues.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><nobr>us-gaap_OperatingIncomeLoss</nobr></td>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EIOAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes - Reconciliation of the beginning and ending balances of unrecognized tax benefits (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized tax benefits at beginning of period</a></td>
        <td class="nump">$ 677,000<span></span></td>
        <td class="nump">$ 670,000<span></span></td>
        <td class="nump">$ 524,000<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions', window );">Additions based on tax positions related to the current year</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">146,000<span></span></td>
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        <td class="nump">7,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities', window );">Settlements</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations', window );">Expirations</a></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized tax benefits at end of period</a></td>
        <td class="nump">$ 677,000<span></span></td>
        <td class="nump">$ 677,000<span></span></td>
        <td class="nump">$ 670,000<span></span></td>
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                  <tr>
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                    <td><nobr>us-gaap_IncomeTaxDisclosureAbstract</nobr></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Unrecognized Tax Benefit<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6527854<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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<tr style="vertical-align: top">
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
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<tr style="vertical-align: top">
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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</table><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock', window );">Reconciliation of the beginning and ending balances of unrecognized tax benefits</a></td>
        <td class="text"><table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;677,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;670,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;524,000</font></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Changes to tax positions of prior years</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Settlements</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;677,000</font></td>
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</table><span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxDisclosureAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.</p>
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                <p>Tabular disclosure of the change in unrecognized tax benefits.</p>
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          <div style="width: 200px;"><strong>Stock Options - Summary of activity of stock options (Details) (USD $)<br></strong></div>
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        <th class="th" colspan="3">12 Months Ended</th>
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        <td class="nump">107,500<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross', window );">Number of shares granted</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">40,000<span></span></td>
        <td class="nump">42,500<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Number of shares exercised</a></td>
        <td class="num">(3,750)<span></span></td>
        <td class="num">(10,000)<span></span></td>
        <td class="num">(85,250)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod', window );">Shares forfeited or expired</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(11,000)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber', window );">Shares outstanding, end</a></td>
        <td class="nump">80,000<span></span></td>
        <td class="nump">83,750<span></span></td>
        <td class="nump">53,750<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber', window );">Options Vested</a></td>
        <td class="nump">30,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber', window );">Options Exercisable</a></td>
        <td class="nump">30,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Options Outstanding, Weighted Average Exercise Price Per Share, beginning</a></td>
        <td class="nump">$ 6.42<span></span></td>
        <td class="nump">$ 5.69<span></span></td>
        <td class="nump">$ 5.94<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice', window );">Options Outstanding, Weighted Average Exercise Price Per Share, end</a></td>
        <td class="nump">$ 6.52<span></span></td>
        <td class="nump">$ 6.42<span></span></td>
        <td class="nump">$ 5.69<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2', window );">Options Outstanding, Weighted Aggregate Average Remaining Contract Life in Years</a></td>
        <td class="text">8 years 237 days<span></span></td>
        <td class="text">7 years 121 days<span></span></td>
        <td class="text">2 years 186 days<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Options Outstanding, Intrinsic Value, beginning</a></td>
        <td class="nump">$ 127,363<span></span></td>
        <td class="nump">$ 401,200<span></span></td>
        <td class="nump">$ 237,088<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue', window );">Options Outstanding, Intrinsic Value, end</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">127,363<span></span></td>
        <td class="nump">401,200<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice', window );">Options Granted, Weighted Average Exercise Price Per Share</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">$ 6.80<span></span></td>
        <td class="nump">$ 6.24<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice', window );">Options Exercised, Weighted Average Exercise Price Per Share</a></td>
        <td class="nump">$ 4.35<span></span></td>
        <td class="nump">$ 4.00<span></span></td>
        <td class="nump">$ 6.26<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice', window );">Options Forfeited or Expired, Weighted Average Exercise Price Per Share</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">$ 5.89<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice', window );">Options Vested, Weighted Average Exercise Price Per Share</a></td>
        <td class="nump">$ 6.42<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1', window );">Options Vested, Weighted Aggregate Average Remaining Contract Life in Years</a></td>
        <td class="text">7 years 299 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue', window );">Options Vested, Intrinsic Value</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice', window );">Options Exercisable, Weighted Average Exercise Price Per Share</a></td>
        <td class="nump">$ 6.42<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1', window );">Options Exercisable, Weighted Aggregate Average Remaining Contract Life in Years</a></td>
        <td class="text">7 years 299 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue', window );">Options Exercisable, Intrinsic Value</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)-(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price of options that were either forfeited or expired.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(3)-(4)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross number of share options (or share units) granted during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of options outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)-(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(a)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(b)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(1)(a)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2</nobr></td>
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                  <tr>
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                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of fully vested and expected to vest options that are exercisable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The number of exercisable share options (fully vested and expected to vest) that may be converted as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>As of the balance sheet date, the weighted-average exercise price (at which grantees can acquire the shares reserved for issuance) for exercisable stock options that are fully vested or expected to vest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(2)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average remaining contractual term for fully vested and expected to vest options that are exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:durationItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of difference between fair value of the underlying shares reserved for issuance and exercise prices of fully vested and expected to vest options outstanding.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td>instant</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>As of the balance sheet date, the number of shares into which fully vested and expected to vest stock options outstanding can be converted under the option plan.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>As of the balance sheet date, the weighted-average exercise price for outstanding stock options that are fully vested or expected to vest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph d(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          </td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average remaining contractual term for fully vested and expected to vest options outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (e)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1</nobr></td>
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                <p>Weighted average price at which option holders acquired shares when converting their stock options into shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which grantees can acquire the shares reserved for issuance on stock options awarded.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><nobr>us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EXBAC">
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          <div style="width: 200px;"><strong>Fair Value of Financial Instruments (Details Narrative) (USD $)<br></strong></div>
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        <th class="th" colspan="3">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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        <th class="th">
          <div>Mar. 31, 2012</div>
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          <div>Mar. 31, 2011</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">$ 114,003<span></span></td>
        <td class="nump">$ 53,468<span></span></td>
        <td class="nump">$ 25,043<span></span></td>
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                <p>Amount of asset retirement obligations (ARO) costs incurred (whether capitalized or charged to expense) during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59P<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123<br><br> -Paragraph 22<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;13. Oil and Gas Reserve Data (Unaudited)&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The estimates of our proved oil and gas reserves,
which are located entirely within the United States, were prepared in accordance with the guidelines established by the SEC. The
estimates as of March 31, 2013, 2012, and 2011 are based on evaluations prepared by Joe C. Neal and Associates, Petroleum Consultants.
Management emphasizes that reserve estimates are inherently imprecise and are expected to change as new information becomes available
and as economic conditions in the industry change.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Proved reserves are estimated quantities of
oil, natural gas, and natural gas liquids which geological and engineering data demonstrate with reasonable certainty to be commercially
recoverable in future years from known reservoirs under existing economic and operating conditions.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Changes in Proved Reserves&lt;/b&gt;:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed and Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;240,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,405,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 3.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 81pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;22,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;45,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;545,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;136,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(459,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;290,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,757,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;33,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(183,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;19,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;23,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;267,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(19,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(396,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;346,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,445,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(589,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Purchase of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;48,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;71,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;318,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Sales of minerals in place&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Production&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(23,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(401,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;366,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,844,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Proved developed reserves are those expected
to be recovered through existing wells, equipment and operating methods.&amp;#160; Proved undeveloped reserves (&amp;#34;PUD&amp;#34;) are
proved reserves are expected to be recovered from new wells on undrilled acreage or from existing wells where a relatively major
expenditure is required for recompletion.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Summary of Proved Developed and Undeveloped
Reserves as of March 31, 2013, 2012 and 2011&lt;/b&gt;:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Oil&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Bbls)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 99pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;Natural Gas&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"&gt;(Mcf)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Developed Reserves:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;141,980&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,017,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;159,975&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,964,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;194,620&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5,359,670&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;237,420&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,807,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved Undeveloped Reserves:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;98,088&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,388,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;130,187&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,792,974&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;151,730&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,085,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;As of March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;128,290&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,037,180&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;As of March 31, 2013, 2012 and 2011 reserves
were computed using the 12-month unweighted average of the first-day-of-the-month prices, in accordance with revised guidelines
of the SEC applicable to reserves estimates as of year-end 2010.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;At March 31, 2013, we reported estimated PUDs
of 3.8 bcfe, which accounted for 38% of our total estimated proved oil and gas reserves. This figure primarily consists of a projected
33 new wells (2.6 bcfe), 4 of which we operate, and 1 new zone behind pipe from a currently producing wellbore (.4 bcfe) that we
also operate. Our timetable for this well is totally dependent on the life of the currently producing zone. After the current zone
has depleted, we will open the new productive zone. Of the 4 wells we operate (1.9 bcfe), all 4 have additional productive zones
behind pipe (.6 bcfe). Also, there is potential to commingle the new zones in the new wells with prior permission from the Railroad
Commission. We drilled 1 operated well during fiscal 2012 and completed the well in fiscal 2013. We project 1 operated well will
be drilled in fiscal 2014, with the three (3) remaining wells in fiscal 2015. Regarding the remaining 29 PUD locations operated by
others (.8 bcfe), three (3) wells are currently being drilled and three (3) locations are currently being prepared to drill with
plans for eleven (11) wells to follow in 2014, nine (9) wells in 2015 and three (3) wells in 2016.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Included in proved undeveloped reserves at
March 31, 2013 are approximately 1.5 bcfe of reserves which have remained undeveloped for more than five years. These
primarily consist of two drilling locations in an area where we have long-standing operations and these locations are currently
held by production from other wells in which Mexco owns. As of March 31, 2011, these reserves consisted of three drilling
locations projected to be drilled one per year during the fiscal years of 2012, 2013 and 2014. We drilled 1 of these wells during
fiscal 2012 and during fiscal 2013, completed the well and turned it on for production. Our timetable for the two remaining wells
is to drill one during fiscal 2014 and one during fiscal 2015.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table discloses our progress
toward the conversion of PUDs during fiscal 2013.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Progress of Converting Proved Undeveloped
Reserves&lt;/b&gt;:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 522px; margin-left: 0.7in; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 2.25in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil &amp;#38; Natural Gas&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 22.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Mcfe)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development Costs&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, beginning of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,995,462&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,307,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of previous estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(412,155)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(185,185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Conversions to PD reserves&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,700)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(228,198)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Additional PUDs added&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;379,334&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;647,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;PUDs, end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,806,941&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,541,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimated future net cash flows represent an
estimate of future net revenues from the production of proved reserves using average prices for 2013, 2012 and 2011 along with
estimates of the operating costs, production taxes and future development and abandonment costs (less salvage value) necessary
to produce such reserves. No deduction has been made for depreciation, depletion or any indirect costs such as general corporate
overhead or interest expense.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Operating costs and production taxes are estimated
based on current costs with respect to producing oil and natural gas properties. Future development costs including abandonment
costs are based on the best estimate of such costs assuming current economic and operating conditions. The future cash flows estimated
to be spent to develop our share of proved undeveloped properties through March 31, 2018 are $4,541,517.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Income tax expense is computed based on applying
the appropriate statutory tax rate to the excess of future cash inflows less future production and development costs over the current
tax basis of the properties involved, less applicable carryforwards.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The future net revenue information assumes
no escalation of costs or prices, except for oil and natural gas sales made under terms of contracts which include fixed and determinable
escalation. Future costs and prices could significantly vary from current amounts and, accordingly, revisions in the future could
be significant.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The current reporting rules require that year
end reserve calculations and future cash inflows be based on the 12-month average market prices for sales of oil and gas on the
first calendar day of each month during the fiscal year discounted at 10% per year and assuming continuation of existing economic
conditions. The average prices used for fiscal 2013 were $85.53 per bbl of oil and $2.76 per mcf of natural gas. The average prices
used for fiscal 2012 were $93.75 per bbl of oil and $3.83 per mcf of natural gas. The average prices used for fiscal 2011 were
$77.27 per bbl of oil and $3.88 per mcf of natural gas.&lt;font style="color: red"&gt; &lt;/font&gt;&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The standardized measure of discounted future
net cash flows were computed by applying 12-month average prices for oil and gas (with consideration of price changes only to the
extent provided by contractual arrangements in existence at year end) to the estimated future production of proved oil and gas
reserves, less estimated future expenditures (based on year end costs) to be incurred in developing and producing the proved reserves,
less estimated future income tax expenses (based on the year end statutory tax rates with consideration of future tax rates already
legislated) to be incurred on pretax net cash flows less tax basis of the properties and available credits and assuming continuation
of existing economic conditions. The estimated future net cash flows are then discounted using a rate of 10%.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The basis for this table is the reserve studies
prepared by an independent petroleum engineering consultant, which contain imprecise estimates of quantities and rates of production
of reserves. Revisions of previous year estimates can have a significant impact on these results. Also, exploration costs in one
year may lead to significant discoveries in later years and may significantly change previous estimates of proved reserves and
their valuation. Therefore, the standardized measure of discounted future net cash flow is not necessarily indicative of the fair
value of our proved oil and gas properties.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The standardized measure of discounted future
cash flows at March 31, 2013, 2012 and 2011, which represents the present value of estimated future cash flows using a discount
rate of 10% a year, follows:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Standardized Measure of Discounted Future
Net Cash Flows Relating to Proved Reserves:&lt;/b&gt;&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 654px; margin-left: 5.4pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 229.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future cash inflows&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,900,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;64,783,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;56,413,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future production costs and taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(14,893,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,031,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,086,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future development costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,850,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,530,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,029,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future income taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(6,374,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,920,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9,118,000)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Future net cash flows&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;26,783,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,302,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;32,180,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Annual 10% discount for estimated timing&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;of cash flows&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(12,414,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,946,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Courier; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(14,528,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Standardized measure of discounted future&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;net cash flows&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 14,369,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 19,356,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ 17,652,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 22.3pt 0 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Changes in Standardized Measure of Discounted
Future Net Cash Flows Relating to Proved Oil and Gas Reserves:&lt;/b&gt;&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;March 31&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Sales of oil and gas produced, net of&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;production costs&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (1,982,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,298,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;$ (2,119,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net changes in price and production costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,881,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(375,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,590,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in previously estimated development costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,150,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,353,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;830,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revisions of quantity estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(811,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,344,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,088,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Net change due to purchases and sales of&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;minerals in place&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,471,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;390,000&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;1,976,000&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Extensions and discoveries, less related costs&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;321,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,449,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;165,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net change in income taxes&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,178,000 &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(596,000) &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;(1,076,000) &lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion of discount&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,495,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,265,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,809,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Changes in timing of estimated cash flows&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;and other&lt;/p&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(3,928,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(1,828,000)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(771,000)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Changes in standardized measure&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(4,987,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,704,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,492,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, beginning of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;14,160,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Standardized measure, end of year&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;14,369,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;19,356,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;17,652,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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  <head>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EJIAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Stock Options (Details Narrative) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AllocatedShareBasedCompensationExpense', window );">Compensation expense</a></td>
        <td class="nump">$ 138,303<span></span></td>
        <td class="nump">$ 120,124<span></span></td>
        <td class="nump">$ 51,350<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions', window );">Total cost related to non-vested awards</a></td>
        <td class="nump">111,644<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1', window );">Non-vested awards, weighted average period of recognition</a></td>
        <td class="text">2 years 37 days<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Exercised options</a></td>
        <td class="nump">3,750<span></span></td>
        <td class="nump">10,000<span></span></td>
        <td class="nump">85,250<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice', window );">Option exercise price</a></td>
        <td class="nump">$ 4.35<span></span></td>
        <td class="nump">$ 4.00<span></span></td>
        <td class="nump">$ 6.26<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockOptionsExercised', window );">Proceeds from options exercised</a></td>
        <td class="nump">$ 16,313<span></span></td>
        <td class="nump">$ 40,000<span></span></td>
        <td class="nump">$ 533,625<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_ExercisedOptionsResultingInDisqualifyingDisposition', window );">Exercised options resulting in a disqualifying disposition</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">29,950<span></span></td>
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        <td class="nump">$ 6.80<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">$ 6.06<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 64<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 14.F)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6793087&amp;loc=d3e301413-122809<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (h)(1)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph g(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 14<br><br> -Section F<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AllocatedShareBasedCompensationExpense</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1</nobr></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate unrecognized cost of option awards made to employees under a stock option plan or plans, that have yet to vest.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph i<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3255-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 19<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromStockOptionsExercised</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Weighted average price at which option holders acquired shares when converting their stock options into shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice</nobr></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 64<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                    <td>na</td>
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                  <tr>
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                    <td>duration</td>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 64<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (g)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td>num:perShareItemType</td>
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                    <td>na</td>
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        <tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EBOAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Summary of Significant Accounting Policies - Income per common share (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="8">3 Months Ended</th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2012</div>
        </th>
        <th class="th">
          <div>Sep. 30, 2012</div>
        </th>
        <th class="th">
          <div>Jun. 30, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Dec. 31, 2011</div>
        </th>
        <th class="th">
          <div>Sep. 30, 2011</div>
        </th>
        <th class="th">
          <div>Jun. 30, 2011</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net (loss) income</a></td>
        <td class="num">$ (74,340)<span></span></td>
        <td class="num">$ (39,580)<span></span></td>
        <td class="nump">$ 763<span></span></td>
        <td class="num">$ (63,217)<span></span></td>
        <td class="nump">$ 95,375<span></span></td>
        <td class="nump">$ 50,961<span></span></td>
        <td class="nump">$ 79,272<span></span></td>
        <td class="nump">$ 104,385<span></span></td>
        <td class="num">$ (176,374)<span></span></td>
        <td class="nump">$ 329,993<span></span></td>
        <td class="nump">$ 155,696<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic', window );">Weighted average common shares outstanding - basic</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,036,959<span></span></td>
        <td class="nump">2,028,014<span></span></td>
        <td class="nump">1,947,605<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements', window );">Effect of the assumed exercise of dilutive stock options</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">8,227<span></span></td>
        <td class="nump">15,051<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding', window );">Weighted average common shares outstanding - dilutive</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,036,959<span></span></td>
        <td class="nump">2,036,241<span></span></td>
        <td class="nump">1,962,656<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareBasic', window );">(Loss) income per common share: Basic</a></td>
        <td class="num">$ (0.04)<span></span></td>
        <td class="num">$ (0.02)<span></span></td>
        <td class="nump">$ 0<span></span></td>
        <td class="num">$ (0.03)<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.03<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.05<span></span></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_EarningsPerShareDiluted', window );">(Loss) income per common share: Diluted</a></td>
        <td class="num">$ (0.04)<span></span></td>
        <td class="num">$ (0.02)<span></span></td>
        <td class="nump">$ 0<span></span></td>
        <td class="num">$ (0.03)<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.03<span></span></td>
        <td class="nump">$ 0.04<span></span></td>
        <td class="nump">$ 0.05<span></span></td>
        <td class="num">$ (0.09)<span></span></td>
        <td class="nump">$ 0.16<span></span></td>
        <td class="nump">$ 0.08<span></span></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountingPoliciesAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_EarningsPerShareBasic">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 942<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.9-04.23)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879574&amp;loc=d3e536633-122882<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 36, 37, 38<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 55<br><br> -Paragraph 52<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16381557&amp;loc=d3e4984-109258<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_EarningsPerShareBasic</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.21)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1252-109256<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 18<br><br> -Article 7<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 11, 12, 36<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 20<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 21<br><br> -Article 9<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28A<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1500-109256<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements</nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A7<br><br> -Appendix A<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 87-21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1505-109256<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 171<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 10<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7655603&amp;loc=d3e1448-109256<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Weighted-Average Number of Common Shares Outstanding<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6528421<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: left"&gt;3. Business Combinations&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On December 31, 2012, the Company purchased
all of the outstanding ownership interests of TBO Oil &amp;#38; Gas, LLC (&amp;#147;TBO&amp;#148;), a Texas limited liability company which
owns non-operated working interests in approximately 280 wells producing primarily oil, expanding the Company&amp;#146;s revenues.
The cash purchase price of $1,150,000 was funded from our $4.9 million bank credit facility. &lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The purchase price was allocated to the assets
acquired and liabilities assumed at estimated fair values as follows:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 70%; text-align: justify; padding-left: 5.4pt"&gt;Proved oil and gas properties&lt;/td&gt;&lt;td style="width: 10%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 18%; text-align: right"&gt;1,202,013&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Accounts receivable&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;74,623&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: justify; padding-left: 10pt"&gt;Total assets acquired&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;1,276,636&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: justify; padding-left: 5.4pt"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Courier New, Courier, Monospace; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: justify; padding-left: 5.4pt"&gt;Accounts payable&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="text-align: right"&gt;(45,876&lt;/td&gt;&lt;td style="text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: justify; padding-bottom: 1pt; padding-left: 5.4pt"&gt;Asset retirement obligations assumed&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;(80,760&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;)&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: justify; padding-bottom: 2.5pt; padding-left: 10pt"&gt;Net purchase price&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; text-align: right"&gt;1,150,000&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
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&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company&amp;#146;s results of operations for
fiscal year 2013 include approximately $119,800 in revenues and approximately $62,400 in earnings. The Company&amp;#146;s results
of operations for fiscal years 2012 and 2011 do not include any revenues or costs from TBO.&lt;/p&gt;



&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Company has not disclosed the pro forma
information for this acquisition because the revenue and expenses for this acquisition are immaterial to our consolidated
financial statements.&lt;/p&gt;

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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0E4BAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Oil and Gas Costs (Details Narrative) (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
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          <div>Mar. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">$ 2.03<span></span></td>
        <td class="nump">$ 1.94<span></span></td>
        <td class="nump">$ 1.87<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amortization computed on the basis of physical units, with oil and gas converted to a common unit of measure on the basis of their approximate relative energy content.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;6. Asset Retirement Obligations&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Courier; margin: 0; text-align: justify"&gt;&lt;font style="font-family: Times New Roman, Times, Serif"&gt;Mexco&amp;#146;s
asset retirement obligations relate to the plugging of wells, the removal of facilities and equipment, and site restoration on
oil and gas properties. The fair value of a liability for an ARO is recorded in the period in which it is incurred, discounted
to its present value using the credit adjusted risk-free interest rate, and a corresponding amount capitalized by increasing the
carrying amount of the related long-lived asset. The liability is accreted each period, and the capitalized cost is depreciated
over the useful life of the related asset.&lt;/font&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table provides a rollforward
of the asset retirement obligations for fiscal years ended March 31:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

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    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of April 1&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;663,279&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;578,911&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Liabilities settled&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,246)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(5,351)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Accretion expense&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;39,376&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;36,251&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Carrying amount of asset retirement obligations as of March 31&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;813,412&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;663,279&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less: Current portion&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Non-Current asset retirement obligation&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;763,412&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; text-underline-style: double; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;613,279&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The ARO is included on the consolidated balance
sheets with the current portion being included in the accounts payable and accrued expenses.&lt;/p&gt;

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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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                <p>Tabular disclosure of the carrying amount of a liability for asset retirement obligations.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EMTBG">
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          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)<br></strong></div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract', window );"><strong>Adjustments to reconcile net income to net cash provided by operating activities:</strong></a></td>
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      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
        <td class="nump">811,874<span></span></td>
        <td class="nump">1,573,296<span></span></td>
        <td class="nump">1,335,460<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract', window );"><strong>Cash flows from investing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireOilAndGasProperty', window );">Additions to oil and gas properties</a></td>
        <td class="num">(1,300,151)<span></span></td>
        <td class="num">(1,642,449)<span></span></td>
        <td class="num">(2,435,374)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates', window );">Acquisition of business</a></td>
        <td class="num">(1,150,000)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(478,000)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment', window );">Additions to other property and equipment</a></td>
        <td class="num">(13,806)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(2,359)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment', window );">Proceeds from sale of oil and gas properties and equipment</a></td>
        <td class="nump">69,042<span></span></td>
        <td class="nump">471,543<span></span></td>
        <td class="nump">3,107<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInInvestingActivities', window );">Net cash used in investing activities</a></td>
        <td class="num">(2,394,915)<span></span></td>
        <td class="num">(1,170,906)<span></span></td>
        <td class="num">(2,912,626)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract', window );"><strong>Cash flows from financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsForRepurchaseOfCommonStock', window );">Acquisition of treasury stock</a></td>
        <td class="num">(15,547)<span></span></td>
        <td class="num">(22,780)<span></span></td>
        <td class="num">(12,325)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromStockOptionsExercised', window );">Proceeds from exercise of stock options</a></td>
        <td class="nump">16,313<span></span></td>
        <td class="nump">40,000<span></span></td>
        <td class="nump">533,625<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RepaymentsOfLongTermDebt', window );">Reduction of long-term debt</a></td>
        <td class="num">(350,000)<span></span></td>
        <td class="num">(1,200,000)<span></span></td>
        <td class="num">(1,395,000)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities', window );">Proceeds from long-term debt</a></td>
        <td class="nump">1,600,000<span></span></td>
        <td class="nump">1,100,000<span></span></td>
        <td class="nump">2,495,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities', window );">Excess tax benefit from share based payment arrangement</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(25,502)<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetCashProvidedByUsedInFinancingActivities', window );">Net cash provided by (used in) financing activities</a></td>
        <td class="nump">1,250,766<span></span></td>
        <td class="num">(82,780)<span></span></td>
        <td class="nump">1,595,798<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease', window );">Net (decrease) increase in cash and cash equivalents</a></td>
        <td class="num">(332,275)<span></span></td>
        <td class="nump">319,610<span></span></td>
        <td class="nump">18,632<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at beginning of period</a></td>
        <td class="nump">498,681<span></span></td>
        <td class="nump">179,071<span></span></td>
        <td class="nump">160,439<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents at end of period</a></td>
        <td class="nump">166,406<span></span></td>
        <td class="nump">498,681<span></span></td>
        <td class="nump">179,071<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SupplementalCashFlowInformationAbstract', window );"><strong>Supplemental disclosure of cash flow information:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_InterestPaid', window );">Cash paid for interest</a></td>
        <td class="nump">49,158<span></span></td>
        <td class="nump">27,920<span></span></td>
        <td class="nump">35,738<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxesPaid', window );">Income taxes paid</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract', window );"><strong>Non-cash investing and financing activities:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_AssetRetirementObligations', window );">Asset retirement obligations</a></td>
        <td class="nump">114,003<span></span></td>
        <td class="nump">53,468<span></span></td>
        <td class="nump">25,043<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TransferOfInvestments', window );">Issuance of common stock in exchange for oil and gas properties</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">164,756<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_FairValueOfAssetsAcquired', window );">Fair value of assets</a></td>
        <td class="nump">1,276,636<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">487,868<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PaymentsToAcquireBusinessesGross', window );">Cash paid</a></td>
        <td class="num">(1,150,000)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(478,000)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAssumed1', window );">Liabilities assumed</a></td>
        <td class="nump">$ 126,636<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">$ 9,868<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_MXC_AssetRetirementObligations">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Asset Retirement Obligations [Default Label]</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>MXC_AssetRetirementObligations</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>MXC_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetRetirementObligationAccretionExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accretion expense recognized during the period that is associated with an asset retirement obligation. Accretion expense measures and incorporates changes due to the passage of time into the carrying amount of the liability.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 45<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392676&amp;loc=d3e7480-110848<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)(3)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 143<br><br> -Paragraph 22<br><br> -Subparagraph c(3)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 143<br><br> -Paragraph 13, 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationAccretionExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Cash Equivalents<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 8, 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7<br><br> -Footnote 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 1<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 7, 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredIncomeTaxExpenseBenefit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredIncomeTaxExpenseBenefit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DepreciationDepletionAndAmortization">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DepreciationDepletionAndAmortization</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified share-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) increases (decreases) net cash provided by financing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6576910&amp;loc=d3e11374-113907<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified equity-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) reduces (increases) net cash provided by operating activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 20<br><br> -Section 55<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6576910&amp;loc=d3e11374-113907<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_FairValueOfAssetsAcquired">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value of assets acquired in noncash investing or financing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4313-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4304-108586<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 32<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4332-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_FairValueOfAssetsAcquired</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncomeTaxesPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 27<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncomeTaxesPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccountsReceivable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccountsReceivable</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
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            </div>
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        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOperatingCapitalAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInOtherNoncurrentAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in other noncurrent operating assets not separately disclosed in the statement of cash flows.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInOtherNoncurrentAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInPrepaidExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInPrepaidExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_InterestPaid">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of cash paid for interest during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4297-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 29<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_InterestPaid</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAssumed1">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The fair value of liabilities assumed in noncash investing or financing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4313-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4304-108586<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 32<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4332-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAssumed1</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from financing activity for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInFinancingActivities</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInInvestingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow from investing activity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 26<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3574-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInInvestingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
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            </div>
          </td>
        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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                    <td><strong> Period Type:</strong></td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 24<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3521-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 26<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3536-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInOperatingActivities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e565-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A7<br><br> -Appendix A<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 87-21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OtherNoncashIncomeExpense">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OtherNoncashIncomeExpense</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsForRepurchaseOfCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to reacquire common stock during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsForRepurchaseOfCommonStock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of a controlling interest in another entity or an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15, 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireBusinessesAndInterestInAffiliates</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15, 17<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireBusinessesGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireOilAndGasProperty">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow to purchase of mineral interests in oil and gas properties for use in the normal oil and gas operations and not intended for resale.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 17<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireOilAndGasProperty</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for acquisition of or capital improvements of property, plant and equipment, used to produce goods or deliver services, and not otherwise defined in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 13<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3213-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 17<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PaymentsToAcquireOtherPropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net cash inflow or outflow associated with security instrument that either represents a creditor or an ownership relationship with the holder of the investment security with a maturity of beyond one year or normal operating cycle, if longer. Includes proceeds from and repayments of (a) debt, (b) capital lease obligations, (c) mandatory redeemable capital securities, and (d) any combination of (a), (b), or (c).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow to dispose of long-lived, physical assets and mineral interests in oil and gas properties used for normal oil and gas operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Investing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6516133<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 12<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3179-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 16<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromSaleOfOilAndGasPropertyAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ProceedsFromStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph i<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 14<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3255-108585<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 19<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ProceedsFromStockOptionsExercised</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RepaymentsOfLongTermDebt">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Financing Activities<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6513228<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 15<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3291-108585<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 20<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 18<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RepaymentsOfLongTermDebt</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SupplementalCashFlowInformationAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SupplementalCashFlowInformationAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_TransferOfInvestments">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of investments transferred from the entity's investments in noncash transactions.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4313-108586<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4304-108586<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 32<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4332-108586<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_TransferOfInvestments</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R40.xml
<DESCRIPTION>IDEA: Major Customers (Details Narrative)
<TEXT>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R52.xml
<DESCRIPTION>IDEA: Oil and Gas Reserve Data - Summary of Proved Developed and Undeveloped Reserves (Details)
<TEXT>
<XBRL>
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          <div style="width: 200px;"><strong>Summary of Significant Accounting Policies<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">2. Summary of Significant Accounting Policies</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Principles of Consolidation</b>. The consolidated
financial statements include the accounts of Mexco Energy Corporation and its wholly owned subsidiaries. All significant intercompany
balances and transactions associated with the consolidated operations have been eliminated.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Estimates and Assumptions</b>. In preparing
financial statements in conformity with accounting principles generally accepted in the United States of America, management is
required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of
the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition,
significant estimates are used in determining year end proved oil and gas reserves. Although management believes its estimates
and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of our oil and natural
gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most
significant of the estimates and assumptions that affect these reported results.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Cash and Cash Equivalents</b>. We consider
all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.
We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash
equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed
to any significant credit risk.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Accounts Receivable.</b> Our accounts receivable
include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a
customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a
right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed
and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss
history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance
has been made for doubtful accounts.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Oil and Gas Properties</b>. Oil and gas
properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,
as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes
any internal costs that are directly related to exploration and development activities but does not include any costs related to
production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated
asset retirement costs recorded based on the fair value of the asset retirement obligation (&#147;ARO&#148;) when incurred. Generally,
no gains or losses are recognized on the sale or disposition of oil and gas properties.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><b>Accounting for Long-Lived Assets. </b>The Company reviews property
and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated
future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Excluded Costs</b>. Oil and gas properties
include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties
and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs
are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment
is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&#147;DD&#38;A&#148;)
pool). Impairments transferred to the DD&#38;A pool increase the DD&#38;A rate.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Ceiling Test</b>. Under the full cost method
of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,
or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net
cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement
obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for
the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil
and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected
in additional accumulated DD&#38;A. This is called a &#34;ceiling limitation write-down.&#34; This charge does not impact cash
flow from operating activities, but does reduce our stockholders' equity and reported earnings.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Depreciation, Depletion and Amortization</b>.
The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&#38;A, estimated future
development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.
The depreciable base of oil and gas properties is amortized using the unit-of-production method.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Asset Retirement Obligations</b>. We have
significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production
operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase
in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related
asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting
from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Estimating the future ARO requires management
to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.
We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value
calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,
timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions
to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related
asset.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Income Taxes</b>. The Company recognizes
deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets
and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable
to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change
in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded
as interest expense and general and administrative expense, respectively.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Other Property and Equipment</b>. Provisions
for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of
three to ten years.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Income (Loss) Per Common Share</b>.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares
outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise
prices less than the average market price of the common stock during the period using the treasury stock method and is
computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares
(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common
shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to a net loss for the year ended March
31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would
be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations
because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,
2012.<font style="color: red"> </font>For the year ended March 31, 2011, no potential common shares relating to stock options were
excluded in the computation of diluted net income per share.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a reconciliation of the number
of shares used in the calculation of basic income per share and diluted income per share for the periods ended March 31:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Revenue Recognition. </b>Oil and gas sales
and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to
credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically
had little, if any, uncollectible oil and gas receivables.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Gas Balancing</b>. Gas imbalances are accounted
for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes
of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those
wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas
imbalances.</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Stock-based Compensation</b>. We use the
Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized
as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation
awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.</p>

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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Recent Accounting Pronouncements. <font style="font-weight: normal">In
May 2011, the Financial Accounting Standards Board (&#147;FASB&#148;) issued Accounting Standards Update (&#147;ASU&#148;)
No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.
ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April
1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.</font></p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify">There were various other accounting
standards and interpretations issued during our fiscal year, all of which have been determined to be not applicable or significant
by management to have a material impact on the Company&#146;s financial position, operations or cash flows.</p>

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                <p>The entire disclosure for all significant accounting policies of the reporting entity.</p>
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&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco has a revolving credit agreement with
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reductions and a borrowing base evaluated annually, currently set at $4,900,000. Amounts borrowed under the Agreement are collateralized
by the common stock of the Company&amp;#146;s wholly owned subsidiaries and substantially all of the Company&amp;#146;s oil and gas properties.
Availability of this line of credit at March 31, 2013 was $1,950,000. No principal payments are anticipated to be required through
November 30, 2014.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Courier; margin: 0"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Agreement was renewed six times with the
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interest on the facility accrues at an annual rate equal to the British Bankers Association London Interbank Offered Rate (&amp;#34;BBA
LIBOR&amp;#34;) daily floating rate, plus 2.50 percentage points, which was 2.70% on March 31, 2013. Interest on the outstanding amount
under the credit agreement is payable monthly. In addition, we will pay an unused commitment fee in an amount equal to &amp;#189;
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in arrears on the last day of each calendar quarter.&lt;/p&gt;

&lt;p style="color: red; font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The Agreement contains customary covenants
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to meet certain financial covenants under the Agreement. Mexco is in compliance with all covenants as of March 31, 2013. In addition,
this Agreement prohibits us from paying cash dividends on our common stock. The Agreement does grant the Company permission to
enter into hedge agreements; however, the Company is under no obligation to do so.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;At the end of fiscal 2013, a letter of credit
for $50,000, in lieu of a plugging bond with the Texas Railroad Commission covering the properties the Company operates is also
outstanding under the facility. This letter of credit renews annually.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The balance outstanding on the line of credit
was $2,950,000 as of March 31, 2013 and June 28, 2013.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"&gt;The following table is a summary
of activity on the Bank of America, N.A. line of credit for the year ended March 31, 2013:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

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    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Balance at April 1, 2012:&lt;/font&gt;&lt;/td&gt;
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Credit Facility<br></strong></div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">5. Credit Facility</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mexco has a revolving credit agreement with
Bank of America, N.A. (the &#147;Agreement&#148;), which provides for a credit facility of $4,900,000 with no monthly commitment
reductions and a borrowing base evaluated annually, currently set at $4,900,000. Amounts borrowed under the Agreement are collateralized
by the common stock of the Company&#146;s wholly owned subsidiaries and substantially all of the Company&#146;s oil and gas properties.
Availability of this line of credit at March 31, 2013 was $1,950,000. No principal payments are anticipated to be required through
November 30, 2014.</p>

<p style="color: red; font: 11pt Courier; margin: 0">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Agreement was renewed six times with the
sixth amendment on October 22, 2012, which revised the maturity date to November 30, 2014. Under the original and renewed agreements,
interest on the facility accrues at an annual rate equal to the British Bankers Association London Interbank Offered Rate (&#34;BBA
LIBOR&#34;) daily floating rate, plus 2.50 percentage points, which was 2.70% on March 31, 2013. Interest on the outstanding amount
under the credit agreement is payable monthly. In addition, we will pay an unused commitment fee in an amount equal to &#189;
of 1 percent (.5%) times the daily average of the unadvanced amount of the commitment. The unused commitment fee is payable quarterly
in arrears on the last day of each calendar quarter.</p>

<p style="color: red; font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Agreement contains customary covenants
for credit facilities of this type including limitations on disposition of assets, mergers and reorganizations. We are also obligated
to meet certain financial covenants under the Agreement. Mexco is in compliance with all covenants as of March 31, 2013. In addition,
this Agreement prohibits us from paying cash dividends on our common stock. The Agreement does grant the Company permission to
enter into hedge agreements; however, the Company is under no obligation to do so.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At the end of fiscal 2013, a letter of credit
for $50,000, in lieu of a plugging bond with the Texas Railroad Commission covering the properties the Company operates is also
outstanding under the facility. This letter of credit renews annually.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The balance outstanding on the line of credit
was $2,950,000 as of March 31, 2013 and June 28, 2013.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify">The following table is a summary
of activity on the Bank of America, N.A. line of credit for the year ended March 31, 2013:</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Balance at April 1, 2012:</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;1,700,000</font></td></tr>
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;8. Major Customers&lt;/p&gt;

&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Currently, we operate exclusively within the
United States and our revenues and operating profit are derived from the oil and gas industry. Oil and gas production
is sold to various purchasers and the receivables are unsecured. Historically, we have not experienced significant credit losses
on our oil and gas accounts and management is of the opinion that significant credit risk does not exist. Management is of the
opinion that the loss of any one purchaser would not have an adverse effect on our ability to sell our oil and gas production.&lt;/p&gt;

&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In fiscal 2013, one customer accounted for
26% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2012, one customer accounted
for 22% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2011, two customers accounted
for 28% of the total oil and gas revenues and 25% of the total oil and gas accounts receivable.&lt;/p&gt;

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          <div style="width: 200px;"><strong>Business Combinations<br></strong></div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: left">3. Business Combinations</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 31, 2012, the Company purchased
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owns non-operated working interests in approximately 280 wells producing primarily oil, expanding the Company&#146;s revenues.
The cash purchase price of $1,150,000 was funded from our $4.9 million bank credit facility. </p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The purchase price was allocated to the assets
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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="width: 1%; text-align: left">$</td><td style="width: 18%; text-align: right">1,202,013</td><td style="width: 1%; text-align: left">&#160;</td></tr>
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    <td style="font-family: Courier New, Courier, Monospace; text-align: left">&#160;</td><td style="font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td><td style="font-family: Courier New, Courier, Monospace; text-align: left">&#160;</td></tr>
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    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(80,760</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
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    <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; text-align: right">1,150,000</td><td style="padding-bottom: 2.5pt; text-align: left">&#160;</td></tr>
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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company&#146;s results of operations for
fiscal year 2013 include approximately $119,800 in revenues and approximately $62,400 in earnings. The Company&#146;s results
of operations for fiscal years 2012 and 2011 do not include any revenues or costs from TBO.</p>



<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company has not disclosed the pro forma
information for this acquisition because the revenue and expenses for this acquisition are immaterial to our consolidated
financial statements.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0.3in 0 0; text-align: justify"><b>&#160;</b></p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7488404&amp;loc=d3e6996-128479<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1524-128463<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1383-128463<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7488404&amp;loc=d3e7000-128479<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph F4<br><br> -Subparagraph e<br><br> -Appendix F<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6910749&amp;loc=d3e4934-128472<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51, 52<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6910749&amp;loc=d3e4922-128472<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6910749&amp;loc=d3e4926-128472<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141R<br><br> -Paragraph 67-73<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 88-16<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1392-128463<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1486-128463<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1497-128463<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1490-128463<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7488404&amp;loc=d3e7008-128479<br><br><br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 30<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7488404&amp;loc=d3e6927-128479<br><br><br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6910749&amp;loc=d3e4845-128472<br><br><br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 805<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7659399&amp;loc=d3e1500-128463<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EHOAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Oil and Gas Costs - Costs related to our oil and gas activities (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesAbstract', window );"><strong>Property acquisition costs:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves', window );">Proved</a></td>
        <td class="nump">$ 20,542<span></span></td>
        <td class="nump">$ 368,444<span></span></td>
        <td class="nump">$ 2,147,892<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties', window );">Unproved</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredDevelopmentCosts', window );">Development</a></td>
        <td class="nump">1,265,126<span></span></td>
        <td class="nump">1,455,993<span></span></td>
        <td class="nump">394,381<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredExplorationCosts', window );">Exploration</a></td>
        <td class="nump">15,715<span></span></td>
        <td class="nump">9,910<span></span></td>
        <td class="nump">29,292<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredAssetRetirementObligationIncurred', window );">Capitalized asset retirement obligations</a></td>
        <td class="nump">114,003<span></span></td>
        <td class="nump">53,468<span></span></td>
        <td class="nump">25,043<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CostsIncurredAcquisitionOfOilAndGasProperties', window );">Total costs incurred for oil and gas properties</a></td>
        <td class="nump">$ 1,415,386<span></span></td>
        <td class="nump">$ 1,887,815<span></span></td>
        <td class="nump">$ 2,596,608<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
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        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cost incurred, including capitalized costs and costs charged to expense, in acquisition of oil and gas properties.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 18<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62014-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59P<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Costs incurred, including capitalized costs and costs charged to expense, associated with the acquisition of oil and gas properties that have proved reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62038-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 18<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62014-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59P<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Q<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Costs incurred, including capitalized costs and costs charged to expense, associated with the acquisition of oil and gas properties that have unproved reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62038-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 18<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62014-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59P<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Q<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                    <td><nobr>us-gaap_CostsIncurredAcquisitionOfUnprovedOilAndGasProperties</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of asset retirement obligations (ARO) costs incurred (whether capitalized or charged to expense) during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 410<br><br> -SubTopic 20<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59P<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123<br><br> -Paragraph 22<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Development costs incurred, including capitalized costs and costs charged to expense, in oil and gas activities.</p>
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                <p>Exploration costs incurred, including capitalized costs and costs charged to expense, in oil and gas activities.</p>
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          <div style="width: 200px;"><strong>Stock Options (Tables)<br></strong></div>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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        <td class="text"><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.</p>
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                <p>Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(i))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5047-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 50<br><br> -Section S99<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6784392&amp;loc=d3e188667-122775<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 50<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6406099&amp;loc=d3e25284-112666<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph i<br><br> -Article 4<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 28<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number D-98<br><br> -Paragraph 2<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.</p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ENG">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Antidilution<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6505113<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Diluted Earnings Per Share<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510752<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Contingent Stock Agreement<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6508534<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 13, 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 07-4<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 171<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;4. Fair Value of Financial Instruments.
&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Fair value as defined by authoritative literature
is the price that would be received to sell an asset or paid to transfer a liability (exit price) in an orderly transaction between
market participants at the measurement date. Fair value measurements are classified and disclosed in one of the following categories:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify"&gt;Level 1 &amp;#150; Quoted prices in
active markets for identical assets and liabilities.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 48.6pt 0 24.45pt; text-align: justify"&gt;Level 2 &amp;#150; Quoted prices
in active markets for similar assets and liabilities, quoted prices for identical or similar instruments in markets that are not
active and model-derived valuations whose inputs are observable or whose significant value drivers are observable.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 24.45pt; text-align: justify"&gt;Level 3 &amp;#150; Significant inputs
to the valuation model are unobservable.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Financial assets and liabilities are classified
based on the lowest level of input that is significant to the fair value measurement. In accordance with the reporting requirements
of FASB ASC Topic 825, &lt;i&gt;Financial Instruments&lt;/i&gt;, the Company calculates the fair value of its assets and liabilities which
qualify as financial instruments.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The initial measurement of asset retirement
obligations&amp;#146; fair value is calculated using discounted cash flow techniques and is based on internal estimates of future
retirement costs associated with oil and gas properties. Given the unobservable nature of the inputs, including plugging costs
and reserve lives, the initial measurement of the ARO liability is deemed to use Level 3 inputs. See the Company&amp;#146;s note on
AROs for further discussion. AROs incurred during the year ended March 31, 2013 were approximately $114,000.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The carrying amount reported in the accompanying
consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable and accrued expenses approximates
fair value because of the immediate or short-term maturity of these financial instruments. The carrying amount reported in the
accompanying consolidated balance sheets for long term debt approximates fair value because the actual interest rates do not significantly
differ from current rates offered for instruments with similar characteristics.&lt;/p&gt;

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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELEAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes - Reconciliation of the provision for income taxes to income taxes computed (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="6">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th" colspan="2">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th" colspan="2">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th" colspan="2">
          <div>Mar. 31, 2011</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate', window );">Tax expense at federal statutory rate</a></td>
        <td class="num">$ (70,678)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump">$ 102,691<span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
        <td class="nump">$ 47,634<span></span></td>
        <td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationDeductionsQualifiedProductionActivities', window );">Statutory depletion carryforward</a></td>
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        <td class="num">(155,734)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">(86,221)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate', window );">Effect of graduated rates</a></td>
        <td class="nump">3,391<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">(16,940)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">(3,074)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationPriorYearIncomeTaxes', window );">Revision of prior year estimates</a></td>
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        <td class="nump">4,314<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="nump">44,503<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance', window );">Permanent differences</a></td>
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        <td class="nump">30,210<span></span></td>
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        <td class="num">(17,309)<span></span></td>
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        <td class="nump">7,499<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">(1,129)<span></span></td>
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        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">$ (27,960)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">$ (15,596)<span></span></td>
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        <td class="num">(900.00%)<span></span></td>
        <td class="fn" style="border-bottom: 0px;"></td>
        <td class="num">(1100.00%)<span></span></td>
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              <td style="vertical-align: top;" valign="top">[1]</td>
              <td style="vertical-align: top;" valign="top">The federal statutory rate was 34% for fiscal years ending March 31, 2013, 2012 and 2011.</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to changes in the valuation allowance for deferred tax assets in the period.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to changes in the income tax rates under enacted tax laws in the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to other deductions received under enacted tax laws not otherwise listed in the existing taxonomy.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to the deduction for qualified production activities received under enacted tax laws.</p>
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                <p>The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                <p>The portion of the difference between total income tax expense or benefit as reported in the Income Statement for the current period and the expected income tax expense or benefit computed attributable to revisions of previously reported income tax expense.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the differences between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to tax credits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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          <div style="width: 200px;"><strong>Oil and Gas Reserve Data - Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves: (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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        <th class="th">
          <div>Mar. 31, 2012</div>
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          <div>Mar. 31, 2011</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts', window );">Sales of oil and gas produced, net of production costs</a></td>
        <td class="num">$ (1,982,000)<span></span></td>
        <td class="num">$ (2,298,000)<span></span></td>
        <td class="num">$ (2,119,000)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts', window );">Net changes in price and production costs</a></td>
        <td class="num">(5,881,000)<span></span></td>
        <td class="num">(375,000)<span></span></td>
        <td class="nump">1,590,000<span></span></td>
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        <td class="nump">1,150,000<span></span></td>
        <td class="nump">1,353,000<span></span></td>
        <td class="nump">830,000<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RevisionsOfPreviousQuantityEstimates', window );">Revisions of quantity estimates</a></td>
        <td class="num">(811,000)<span></span></td>
        <td class="nump">1,344,000<span></span></td>
        <td class="nump">1,088,000<span></span></td>
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        <td class="nump">1,471,000<span></span></td>
        <td class="nump">390,000<span></span></td>
        <td class="nump">1,976,000<span></span></td>
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        <td class="nump">321,000<span></span></td>
        <td class="nump">1,449,000<span></span></td>
        <td class="nump">165,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves', window );">Net change in income taxes</a></td>
        <td class="nump">2,178,000<span></span></td>
        <td class="num">(596,000)<span></span></td>
        <td class="num">(1,076,000)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccretionOfDiscount', window );">Accretion of discount</a></td>
        <td class="nump">2,495,000<span></span></td>
        <td class="nump">2,265,000<span></span></td>
        <td class="nump">1,809,000<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther', window );">Changes in timing of estimated cash flows and other</a></td>
        <td class="num">(3,928,000)<span></span></td>
        <td class="num">(1,828,000)<span></span></td>
        <td class="num">(771,000)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease', window );">Changes in standardized measure</a></td>
        <td class="num">(4,987,000)<span></span></td>
        <td class="nump">1,704,000<span></span></td>
        <td class="nump">3,492,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves', window );">Standardized measure, beginning of year</a></td>
        <td class="nump">19,356,000<span></span></td>
        <td class="nump">17,652,000<span></span></td>
        <td class="nump">14,160,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves', window );">Standardized measure, end of year</a></td>
        <td class="nump">$ 14,369,000<span></span></td>
        <td class="nump">$ 19,356,000<span></span></td>
        <td class="nump">$ 17,652,000<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccretionOfDiscount">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase in the net discounted value of the proved oil and gas reserves due only to the passage of time.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (h)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph h<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccretionOfDiscount</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is the amount that proved oil and gas reserves increased due to extensions (increased estimates in the size of proven reserves), discoveries, additions, and improved recovery (increase in ability to extract oil and gas from existing reserves).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ExtractiveIndustriesAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ExtractiveIndustriesAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) in the evaluation or calculation of the costs that will be required in future periods to make it possible to extract or process proved oil and gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) in the estimate of future income taxes that will be due on future pretax net cash flows relating to the enterprise's proved oil and gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph j<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IncreaseDueToPurchasesOfMineralsInPlace">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The change in the discounted value of the proved oil and gas reserves due to financial transactions where new reserves were purchased.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IncreaseDueToPurchasesOfMineralsInPlace</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) in sales and transfer prices and in production (lifting) costs related to future production. The effects of changes in prices and costs are computed before the effects of changes in quantities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                    <td><strong> Balance Type:</strong></td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevisionsOfPreviousQuantityEstimates">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Any changes made during the period to the evaluation or calculation of the estimated quantity of oil or gas in proved reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RevisionsOfPreviousQuantityEstimates</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of sales or transfers of oil gas that was previously included in proved oil and gas reserves. This amount is net of production costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Changes in the standardized measure of discounted future net cash flows relating to proved oil and gas reserves that are not otherwise specified in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The increase (decrease) as a result of changes in the elements used to estimate the discounted future net cash flow relating to proved oil and gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -Subparagraph a-j<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The balance as of the balance sheet date of the standardized measure of discounted future net cash flow relating to proved oil and gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 35<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62500-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 55<br><br> -Paragraph 7<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451751&amp;loc=d3e63123-109448<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59BB<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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          <div style="width: 200px;"><strong>Related Party Transactions (Details Narrative) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionsAbstract', window );"><strong>Related Party Transactions [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty', window );">Shared office expenditures in addition to administrative and operating expenses paid on behalf of the majority stockholder</a></td>
        <td class="nump">$ 144,404<span></span></td>
        <td class="nump">$ 123,932<span></span></td>
        <td class="nump">$ 137,652<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RelatedPartyTransactionsAbstract</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of selling, general and administrative expenses resulting from transactions, excluding transactions that are eliminated in consolidated or combined financial statements, with related party.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EGNAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Stock Options - Summary of the grant-date fair value of stock options granted (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract', window );"><strong>Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
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        <td class="nump">$ 5.15<span></span></td>
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        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">85.92%<span></span></td>
        <td class="nump">82.83%<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate', window );">Dividend yield</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate', window );">Risk-free interest rate</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">1.49%<span></span></td>
        <td class="nump">2.07%<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1', window );">Expected term (in years)</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">7 years 91 days<span></span></td>
        <td class="text">7 years<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(2)(iii)(1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph c(1)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph b(2)(c)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (f)(2)(iii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph e(2)(c)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 14.D.2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6793087&amp;loc=d3e301413-122809<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (f)(2)(i)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 14<br><br> -Section D<br><br> -Subsection 2<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (f)(2)(ii)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph e(2)(b)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The risk-free interest rate assumption that is used in valuing an option on its own shares.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (f)(2)(iv)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph e(2)(d)<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate</nobr></td>
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                    <td>us-gaap_</td>
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                    <td>num:percentItemType</td>
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                    <td>na</td>
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                    <td>duration</td>
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  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
    <link rel="StyleSheet" type="text/css" href="report.css"><script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script></head>
  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EWPAC">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityAbstract', window );"><strong>Stockholders' equity</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockParOrStatedValuePerShare', window );">Preferred stock par value</a></td>
        <td class="nump">$ 1<span></span></td>
        <td class="nump">$ 1<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesAuthorized', window );">Preferred stock shares authorized</a></td>
        <td class="nump">10,000,000<span></span></td>
        <td class="nump">10,000,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesIssued', window );">Preferred stock shares issued</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockSharesOutstanding', window );">Preferred stock shares outstanding</a></td>
        <td class="nump">0<span></span></td>
        <td class="nump">0<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockParOrStatedValuePerShare', window );">Common stock par value</a></td>
        <td class="nump">$ 0.5<span></span></td>
        <td class="nump">$ 0.5<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesAuthorized', window );">Common stock shares authorized</a></td>
        <td class="nump">40,000,000<span></span></td>
        <td class="nump">40,000,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesIssued', window );">Common stock shares issued</a></td>
        <td class="nump">2,102,866<span></span></td>
        <td class="nump">2,099,116<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockSharesOutstanding', window );">Common stock shares outstanding</a></td>
        <td class="nump">2,036,866<span></span></td>
        <td class="nump">2,035,949<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockShares', window );">Treasury stock, shares</a></td>
        <td class="nump">66,000<span></span></td>
        <td class="nump">63,167<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value of common stock per share; generally not indicative of the fair market value per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 4<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockParOrStatedValuePerShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of common shares permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesAuthorized</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesIssued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockSharesOutstanding">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockSharesOutstanding</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockParOrStatedValuePerShare">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockParOrStatedValuePerShare</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>num:perShareItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesAuthorized">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 129<br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockSharesAuthorized</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockSharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29<br><br> -Article 5<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockSharesIssued</nobr></td>
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                <p>Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.</p>
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          <div style="width: 200px;"><strong>Major Customers<br></strong></div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">8. Major Customers</p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Currently, we operate exclusively within the
United States and our revenues and operating profit are derived from the oil and gas industry. Oil and gas production
is sold to various purchasers and the receivables are unsecured. Historically, we have not experienced significant credit losses
on our oil and gas accounts and management is of the opinion that significant credit risk does not exist. Management is of the
opinion that the loss of any one purchaser would not have an adverse effect on our ability to sell our oil and gas production.</p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In fiscal 2013, one customer accounted for
26% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2012, one customer accounted
for 22% of the total oil and gas revenues and 24% of the total oil and gas accounts receivable. In fiscal 2011, two customers accounted
for 28% of the total oil and gas revenues and 25% of the total oil and gas accounts receivable.</p>

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                <p>The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 107<br><br> -Paragraph 15A<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6404-108592<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 16<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6327-108592<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 94-6<br><br> -Paragraph 21, 22, 24<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7491637&amp;loc=d3e13531-108611<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 18<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6351-108592<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 825<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 21<br><br> -URI http://asc.fasb.org/extlink&amp;oid=7491637&amp;loc=d3e13537-108611<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 21<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6442-108592<br><br><br><br></p>
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 734,313&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$623,870&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,270&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(78,469)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,004)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(122, 072)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(74,340)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(39,580)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;763&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(63,217)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;753,875&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;753,789&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 810,655&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$905,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating profit (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,305)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,837&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;111,466&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;156,680&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;95,375&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,961&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;79,272&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;104,385&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss) per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.03&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.05&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income (loss) per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.03&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.04&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.05&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;



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 -Section 302

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<html>
  <head>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELMBI">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Common Stock Par Value</div>
        </th>
        <th class="th">
          <div>Treasury Stock</div>
        </th>
        <th class="th">
          <div>Additional Paid-In Capital</div>
        </th>
        <th class="th">
          <div>Retained Earnings</div>
        </th>
        <th class="th">
          <div>Total</div>
        </th>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Beginning balance, Amount at Mar. 31, 2010</a></td>
        <td class="nump">$ 1,001,933<span></span></td>
        <td class="num">$ (426,617)<span></span></td>
        <td class="nump">$ 5,907,899<span></span></td>
        <td class="nump">$ 5,156,138<span></span></td>
        <td class="nump">$ 11,639,353<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Beginning balance, Shares at Mar. 31, 2010</a></td>
        <td class="nump">2,003,866<span></span></td>
        <td class="num">(84,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">1,919,866<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">155,696<span></span></td>
        <td class="nump">155,696<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueAcquisitions', window );">Issuance of stock for properties</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">136,277<span></span></td>
        <td class="nump">28,479<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">164,756<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets', window );">Exchanged for property, shares</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">26,833<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">26,833<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodValue', window );">Purchase of stock</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(12,325)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(12,325)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodShares', window );">Purchase of stock, shares</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(2,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised', window );">Issuance of stock through options exercised</a></td>
        <td class="nump">42,625<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">491,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">533,625<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation', window );">Excess tax benefits from stock-based compensation</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(25,502)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(25,502)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Stock based compensation</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">51,350<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">51,350<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Shares Issued</a></td>
        <td class="nump">85,250<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(85,250)<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Ending balance, Amount at Mar. 31, 2011</a></td>
        <td class="nump">1,044,558<span></span></td>
        <td class="num">(302,665)<span></span></td>
        <td class="nump">6,453,226<span></span></td>
        <td class="nump">5,311,834<span></span></td>
        <td class="nump">12,506,953<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Ending balance, Shares at Mar. 31, 2011</a></td>
        <td class="nump">2,089,116<span></span></td>
        <td class="num">(59,167)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,029,949<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">329,993<span></span></td>
        <td class="nump">329,993<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodValue', window );">Purchase of stock</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(22,780)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(22,780)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodShares', window );">Purchase of stock, shares</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(4,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">4,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised', window );">Issuance of stock through options exercised</a></td>
        <td class="nump">5,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">35,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">40,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Stock based compensation</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">120,124<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">120,124<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Shares Issued</a></td>
        <td class="nump">10,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(10,000)<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Ending balance, Amount at Mar. 31, 2012</a></td>
        <td class="nump">1,049,558<span></span></td>
        <td class="num">(325,445)<span></span></td>
        <td class="nump">6,608,350<span></span></td>
        <td class="nump">5,641,827<span></span></td>
        <td class="nump">12,974,290<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Ending balance, Shares at Mar. 31, 2012</a></td>
        <td class="nump">2,099,116<span></span></td>
        <td class="num">(63,167)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,035,949<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_NetIncomeLoss', window );">Net income (loss)</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(176,374)<span></span></td>
        <td class="num">(176,374)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodValue', window );">Purchase of stock</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(15,547)<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="num">(15,547)<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockRepurchasedDuringPeriodShares', window );">Purchase of stock, shares</a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(2,833)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,833<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised', window );">Issuance of stock through options exercised</a></td>
        <td class="nump">1,875<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">14,438<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">16,313<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ShareBasedCompensation', window );">Stock based compensation</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">138,303<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">138,303<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised', window );">Shares Issued</a></td>
        <td class="nump">3,750<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="num">(3,750)<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Ending balance, Amount at Mar. 31, 2013</a></td>
        <td class="nump">$ 1,051,433<span></span></td>
        <td class="num">$ (340,992)<span></span></td>
        <td class="nump">$ 6,761,091<span></span></td>
        <td class="nump">$ 5,465,453<span></span></td>
        <td class="nump">$ 12,936,985<span></span></td>
      </tr>
      <tr class="rc">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_SharesIssued', window );">Ending balance, Shares at Mar. 31, 2013</a></td>
        <td class="nump">2,102,866<span></span></td>
        <td class="num">(66,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="nump">2,036,866<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tax benefit associated with any equity-based compensation plan other than an employee stock ownership plan (ESOP). The tax benefit results from the deduction by the entity on its tax return for an award of stock that exceeds the cumulative compensation cost for common stock or preferred stock recognized for financial reporting. Includes any resulting tax benefit that exceeds the previously recognized deferred tax asset (excess tax benefits).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 740<br><br> -Section 45<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6419406&amp;loc=d3e23524-113945<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph 62<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NetIncomeLoss">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28, 29, 30<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 225<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SX 210.5-03.18)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6880815&amp;loc=d3e20235-122688<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Paragraph 20<br><br> -Article 9<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.22)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 130<br><br> -Paragraph 10, 15<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 220<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20435746&amp;loc=d3e565-108580<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 03<br><br> -Paragraph 19<br><br> -Article 5<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Other Comprehensive Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6519514<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Net Income<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6518256<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 12: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A7<br><br> -Appendix A<br><br><br><br>Reference 13: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph 38<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 14: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 15: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 944<br><br> -SubTopic 225<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.7-04.19)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6879464&amp;loc=d3e573970-122913<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 87-21<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NetIncomeLoss</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensation">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensation</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_SharesIssued">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_SharesIssued</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 51<br><br> -Paragraph A3<br><br> -Appendix A<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 2<br><br> -Subparagraph (SAB TOPIC 4.E)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 4<br><br> -Section E<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockholdersEquity</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares of stock issued during the period as part of a transaction to acquire assets that do not qualify as a business combination.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodSharesPurchaseOfAssets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of share options (or share units) exercised during the current period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.28,29)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (c)(1)(iv)(2)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueAcquisitions">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of stock issued pursuant to acquisitions during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodValueAcquisitions</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value of stock issued as a result of the exercise of stock options.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.3-04)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.29-31)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedDuringPeriodShares">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section B<br><br> -Paragraph 11A<br><br> -Chapter 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockRepurchasedDuringPeriodShares</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:sharesItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StockRepurchasedDuringPeriodValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 10<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 04<br><br> -Article 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 505<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6928386&amp;loc=d3e21463-112644<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section B<br><br> -Paragraph 11A<br><br> -Chapter 1<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 29, 30, 31<br><br> -Article 5<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_StockRepurchasedDuringPeriodValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
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  <head>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EMEAG">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>CONSOLIDATED BALANCE SHEETS (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsAbstract', window );"><strong>ASSETS</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsAtCarryingValue', window );">Cash and cash equivalents</a></td>
        <td class="nump">$ 166,406<span></span></td>
        <td class="nump">$ 498,681<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsReceivableNetCurrentAbstract', window );"><strong>Accounts receivable:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OilAndGasJointInterestBillingReceivablesCurrent', window );">Oil and gas sales</a></td>
        <td class="nump">538,971<span></span></td>
        <td class="nump">333,191<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_AccountsReceivableTradeCurrent', window );">Trade</a></td>
        <td class="nump">16,370<span></span></td>
        <td class="nump">30,404<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PrepaidExpenseCurrent', window );">Prepaid costs and expenses</a></td>
        <td class="nump">19,281<span></span></td>
        <td class="nump">16,782<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsCurrent', window );">Total current assets</a></td>
        <td class="nump">741,028<span></span></td>
        <td class="nump">879,058<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNetAbstract', window );"><strong>Property and equipment, at cost</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OilAndGasPropertyFullCostMethodGross', window );">Oil and gas properties, using the full cost method</a></td>
        <td class="nump">34,309,328<span></span></td>
        <td class="nump">31,840,059<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentOther', window );">Other</a></td>
        <td class="nump">92,326<span></span></td>
        <td class="nump">78,520<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentGross', window );">TOTAL</a></td>
        <td class="nump">34,401,654<span></span></td>
        <td class="nump">31,918,579<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment', window );">Less accumulated depreciation, depletion and amortization</a></td>
        <td class="nump">17,323,692<span></span></td>
        <td class="nump">16,223,267<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentNet', window );">Property and equipment, net</a></td>
        <td class="nump">17,077,962<span></span></td>
        <td class="nump">15,695,312<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetsNoncurrent', window );">Other noncurrent assets</a></td>
        <td class="nump">116,454<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_Assets', window );">TOTAL</a></td>
        <td class="nump">17,935,444<span></span></td>
        <td class="nump">16,574,370<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquityAbstract', window );"><strong>LIABILITIES AND STOCKHOLDERS' EQUITY</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent', window );">Accounts payable and accrued expenses</a></td>
        <td class="nump">431,848<span></span></td>
        <td class="nump">402,098<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LongTermDebtNoncurrent', window );">Long-term debt</a></td>
        <td class="nump">2,950,000<span></span></td>
        <td class="nump">1,700,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationsNoncurrent', window );">Asset retirement obligations</a></td>
        <td class="nump">763,412<span></span></td>
        <td class="nump">613,279<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesNoncurrent', window );">Deferred income tax liabilities</a></td>
        <td class="nump">853,199<span></span></td>
        <td class="nump">884,703<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquityAbstract', window );"><strong>Stockholders' equity</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PreferredStockValue', window );">Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CommonStockValue', window );">Common stock - $0.50 par value; 40,000,000 shares authorized; 2,102,866 and 2,099,116 shares issued; 2,036,866 and 2,035,949 shares outstanding as of March 31, 2013 and 2012, respectively</a></td>
        <td class="nump">1,051,433<span></span></td>
        <td class="nump">1,049,558<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AdditionalPaidInCapitalCommonStock', window );">Additional paid-in capital</a></td>
        <td class="nump">6,761,091<span></span></td>
        <td class="nump">6,608,350<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_RetainedEarningsAccumulatedDeficit', window );">Retained earnings</a></td>
        <td class="nump">5,465,453<span></span></td>
        <td class="nump">5,641,827<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_TreasuryStockValue', window );">Treasury stock, at cost (66,000 and 63,167 shares, respectively)</a></td>
        <td class="num">(340,992)<span></span></td>
        <td class="num">(325,445)<span></span></td>
      </tr>
      <tr class="reu">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StockholdersEquity', window );">Total stockholders' equity</a></td>
        <td class="nump">12,936,985<span></span></td>
        <td class="nump">12,974,290<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilitiesAndStockholdersEquity', window );">TOTAL</a></td>
        <td class="nump">$ 17,935,444<span></span></td>
        <td class="nump">$ 16,574,370<span></span></td>
      </tr>
    </table>
    <div style="display: none;">
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_MXC_AccountsReceivableTradeCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>No authoritative reference available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>MXC_AccountsReceivableTradeCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>MXC_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.19,20)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 20<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 19<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent</nobr></td>
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                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                    <td><strong> Period Type:</strong></td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
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        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccountsReceivableNetCurrentAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.14)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 14<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph c<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AdditionalPaidInCapitalCommonStock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.30(a)(1))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AdditionalPaidInCapitalCommonStock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetRetirementObligationsNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Noncurrent portion of the carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 143<br><br><br><br> -Paragraph 3, 10, 22<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 410<br><br><br><br> -SubTopic 20<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (c)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6392692&amp;loc=d3e7535-110849<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationsNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_Assets">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.18)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 12<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Concepts (CON)<br><br><br><br> -Number 6<br><br><br><br> -Paragraph 25<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_Assets</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsAbstract</nobr></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.9)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 3<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6801-107765<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 9<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_AssetsNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.10-17)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 18<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetsNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CashAndCashEquivalentsAtCarryingValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6506951<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Cash Equivalents<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6507016<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 8, 9<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.1)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7<br><br><br><br> -Footnote 1<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 1<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (a)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 230<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3044-108585<br><br><br><br><br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 95<br><br><br><br> -Paragraph 7, 26<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CashAndCashEquivalentsAtCarryingValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_CommonStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 30<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CommonStockValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer).</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31917-109318<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 6<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 740<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 9<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31958-109318<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 109<br><br><br><br> -Paragraph 41, 42<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilitiesNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquity">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.32)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 25<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 32<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAndStockholdersEquity</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
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          </td>
        </tr>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LiabilitiesAndStockholdersEquityAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LiabilitiesAndStockholdersEquityAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                    <td><strong> Data Type:</strong></td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_LongTermDebtNoncurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.22)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 22<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_LongTermDebtNoncurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OilAndGasJointInterestBillingReceivablesCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Current portion of accounts receivable attributable to joint interest partners in oil and gas properties. These are billings to the non-operators associated with the operation of wells and are based on those owners' working interests in the wells.  For classified balance sheets, represents the current amount receivable, that is amounts expected to be collected within one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Audit and Accounting Guide (AAG)<br><br><br><br> -Number AAG-OGP<br><br><br><br> -Paragraph 22<br><br><br><br> -Chapter 1<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OilAndGasJointInterestBillingReceivablesCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OilAndGasPropertyFullCostMethodGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Oil and gas properties, gross, carried under the full cost method.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OilAndGasPropertyFullCostMethodGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PreferredStockValue">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 10<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.3-04)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6959260&amp;loc=d3e187085-122770<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.28)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 129<br><br><br><br> -Paragraph 2, 3, 4, 5, 6, 7, 8<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PreferredStockValue</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PrepaidExpenseCurrent">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 43<br><br><br><br> -Section A<br><br><br><br> -Paragraph 4<br><br><br><br> -Chapter 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Glossary Current Assets<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509628<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (g)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6676-107765<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 45<br><br><br><br> -Paragraph 2<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6361293&amp;loc=d3e6787-107765<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 340<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 05<br><br><br><br> -Paragraph 5<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6386993&amp;loc=d3e5879-108316<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PrepaidExpenseCurrent</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentGross">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (b)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentGross</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNet">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.13)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 13<br><br><br><br> -Subparagraph a<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 03<br><br><br><br> -Paragraph 8<br><br><br><br> -Article 7<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -Subparagraph b, c<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentNet</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentNetAbstract">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentNetAbstract</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:stringItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentOther">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This element represents capitalized assets classified as property, plant and equipment not otherwise defined in the taxonomy.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 5<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 360<br><br><br><br> -SubTopic 10<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 1<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentOther</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>debit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RetainedEarningsAccumulatedDeficit">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The cumulative amount of the reporting entity's undistributed earnings or deficit.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Principles Board Opinion (APB)<br><br><br><br> -Number 12<br><br><br><br> -Paragraph 10<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 04<br><br><br><br> -Article 3<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.31(a)(3))<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RetainedEarningsAccumulatedDeficit</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher AICPA<br><br><br><br> -Name Accounting Research Bulletin (ARB)<br><br><br><br> -Number 51<br><br><br><br> -Paragraph A3<br><br><br><br> -Appendix A<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 310<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 2<br><br><br><br> -Subparagraph (SAB TOPIC 4.E)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6228006&amp;loc=d3e74512-122707<br><br><br><br><br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Staff Accounting Bulletin (SAB)<br><br><br><br> -Number Topic 4<br><br><br><br> -Section E<br><br><br><br><br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 210<br><br><br><br> -SubTopic 10<br><br><br><br> -Section S99<br><br><br><br> -Paragraph 1<br><br><br><br> -Subparagraph (SX 210.5-02.29-31)<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br><br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher SEC<br><br><br><br> -Name Regulation S-X (SX)<br><br><br><br> -Number 210<br><br><br><br> -Section 02<br><br><br><br> -Paragraph 29, 30, 31<br><br><br><br> -Article 5<br><br><br><br><br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                <p>The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name Accounting Standards Codification<br><br><br><br> -Topic 505<br><br><br><br> -SubTopic 30<br><br><br><br> -Section 50<br><br><br><br> -Paragraph 4<br><br><br><br> -URI http://asc.fasb.org/extlink&amp;oid=6405834&amp;loc=d3e23315-112656<br><br><br><br><br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br><br><br> -Publisher FASB<br><br><br><br> -Name FASB Technical Bulletin (FTB)<br><br><br><br> -Number 85-6<br><br><br><br> -Paragraph 3<br><br><br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br><br><br><br><br></p>
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 -Subparagraph c(2)

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;1. Nature of Operations&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco Energy Corporation (a Colorado corporation)
and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a
Texas corporation) and TBO Oil &amp;#38; Gas, LLC (a Texas limited liability company) (collectively, the &amp;#147;Company&amp;#148;) are
engaged in the exploration, development and production of natural gas, crude oil, condensate and natural gas liquids (&amp;#147;NGLs&amp;#148;).
Most of the Company&amp;#146;s oil and gas interests are centered in West Texas; however, we own producing properties and undeveloped
acreage in twelve states. Although most of our oil and gas interests are operated by others, we operate several properties in which
we own an interest.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: center"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;On December 31, 2012, Mexco Energy Corporation
acquired all of the outstanding ownership interests of TBO Oil &amp;#38; Gas, LLC, a Texas limited liability company which owns non-operated
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<DESCRIPTION>IDEA: Stock Options
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;11. Stock Options&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In September 2009, we adopted the 2009
Employee Incentive Stock Plan (&amp;#147;2009 Plan&amp;#148;). The 2009 Plan provides for the award of stock options up to 200,000
shares and includes option awards as well as stock awards. Option awards are granted with the restriction of requiring
payment for the shares. Stock awards are granted without restrictions and without payment by the recipient. Neither option
awards nor stock awards may exceed 25,000 shares granted to any one individual in any fiscal year. Stock options may be an
incentive stock option or a nonqualified stock option. Options to purchase common stock under the plan are granted at the
fair market value of the common stock at the date of grant, become exercisable to the extent of 25% of the shares optioned on
each of four anniversaries of the date of grant, expire ten years from the date of grant and are subject to forfeiture if
employment terminates. The 2009 Plan expires ten years from the date of adoption.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;According to our employee stock incentive plan,
new shares will be issued upon the exercise of stock options and the Company can repurchase shares exercised under the plan. The
plan also provides for the granting of stock awards. No stock awards were granted during fiscal 2013, 2012 and 2011.&lt;/p&gt;



&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;We recognized compensation expense of $138,303,
$120,124 and $51,350 in general and administrative expense in the Consolidated Statements of Operations for fiscal 2013, 2012 and
2011, respectively. The total cost related to non-vested awards not yet recognized at March 31, 2013 totals $111,644, which is
expected to be recognized over a weighted average of 2.1 years.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The fair value of each stock option is estimated
on the date of grant using the Binomial valuation model. Expected volatilities are based on historical volatility of the Company&amp;#146;s
stock over the contractual term of 120 months and other factors. We use historical data to estimate option exercise and employee
termination within the valuation model. The expected term of options granted is derived from the output of the option valuation
model and represents the period of time that options granted are expected to be outstanding. The risk-free rate for periods within
the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. As the Company has
never declared dividends, no dividend yield is used in the calculation. Actual value realized, if any, is dependent on the future
performance of the Company&amp;#146;s common stock and overall stock market conditions. There is no assurance the value realized by
an optionee will be at or near the value estimated by the Binomial model.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;During the year ended March 31, 2013, no stock
options were granted. During the year ended March 31, 2012, the Compensation Committee of the Board of Directors approved and we
issued 40,000 stock options to board members, officers and employees of Mexco exercisable at $6.80 per share. During the year ended
March 31, 2011, the Compensation Committee of the Board of Directors approved and we issued 42,500 stock options to board members,
officers and employees of Mexco exercisable at prices ranging from $6.06 to $6.29 per share. These options are exercisable at a
price not less than the fair market value of the stock at the date of grant, have an exercise period of ten years and generally
vest over four years.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Included in the following table is a summary
of the grant-date fair value of stock options granted and the related assumptions used in the Binomial models for stock options
granted in fiscal 2013, 2012 and 2011. All such amounts represent the weighted average amounts for each period.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 36.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;For the year ended March 31,&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 202.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 14.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 60.4pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 70.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant-date fair value&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Volatility factor&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;85.92%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;82.83%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Risk-free interest rate&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1.49%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.07%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expected term (in years)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.25&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;No forfeiture rate is assumed for stock options
granted to directors or employees due to the forfeiture rate history for these types of awards. There were no stock options forfeited
or expired during the year ended March 31, 2013 and 2012. During the year ended March 31, 2011, 1,000 vested stock options expired
because they were not exercised prior to the end of their ten-year term and 10,000 unvested stock options were forfeited due to
the termination of a consulting agreement with a consultant and the resignation of an employee.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the year ended March 31, 2013, employees
and directors exercised options on a total of 3,750 shares at exercise prices of $4.35 per share.&lt;font style="color: red"&gt; &lt;/font&gt;We
received proceeds of $16,313 from these exercises. The total intrinsic value of the exercised options was $3,138. No tax deduction
is recorded when options are awarded. Mexco issued new shares of common stock to settle these option exercises.&lt;font style="color: red"&gt;
&lt;/font&gt;For the year ended March 31, 2012, employees and directors exercised options on a total of 10,000 shares at exercise prices
of $4.00 per share. We received proceeds of $40,000 from these exercises. The total intrinsic value of the exercised options was
$38,600. For the year ended March 31, 2011, stock options covering 85,250 shares were exercised with 29,950 of these exercised
options resulted in a disqualifying disposition. We received proceeds of $533,625 from these option exercises for the year ended
March 31, 2011.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table is a summary of activity
of stock options for the year ended March 31, 2013, 2012 and 2011:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 21.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 132.4pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 58.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number of Shares&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Aggregate Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 68.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Intrinsic Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;107,500&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.94&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.51&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,088&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42,500&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.24&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(85,250)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.26&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.89&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;53,750&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.33&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;401,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.80&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;83,750&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.65&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;127,363&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,750)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.35&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;80,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.52&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.03&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Other information pertaining to option activity
was as follows during the year ended March 31:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Times New Roman, Times, Serif"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2013&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2012&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="text-align: center; border-bottom: Black 1pt solid"&gt;2011&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 46%; padding-left: 5.4pt"&gt;Weighted average grant-date fair value of stock &lt;br /&gt;options granted (per share)&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;&amp;#151;&amp;#160;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.69&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;$&lt;/td&gt;&lt;td style="width: 11%; text-align: right"&gt;5.15&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total fair value of options vested&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;160,125&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;59,875&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;37,200&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total intrinsic value of options exercised&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;3,138&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;38,600&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="text-align: left"&gt;$&lt;/td&gt;&lt;td style="text-align: right"&gt;533,831&lt;/td&gt;&lt;td style="text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following table summarizes information
about options outstanding at March 31, 2013:&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 11pt Courier New, Courier, Monospace"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Range of Exercise Prices&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Number of Options&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Weighted Average Exercise Price Per Share&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Weighted Average Remaining Contract Life in Years&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="3" style="font-family: Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"&gt;Aggregate Intrinsic Value&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%; font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;40,000&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%; font-family: Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 16%; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.23&lt;/td&gt;&lt;td style="width: 1%; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 15%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 3%"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 15%; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="width: 1%; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.30 &amp;#150; 6.80&lt;/font&gt;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;40,000&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.80&lt;/td&gt;&lt;td style="padding-bottom: 1pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 1pt solid; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 1pt solid; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 1pt; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;6.00 &amp;#150; 6.29&lt;/font&gt;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;80,000&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;6.52&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;8.03&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;td style="font-family: Times New Roman, Times, Serif; padding-bottom: 2.5pt"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: left"&gt;$&lt;/td&gt;&lt;td style="border-bottom: Black 2.5pt double; font-family: Times New Roman, Times, Serif; text-align: right"&gt;&amp;#151;&amp;#160;&amp;#160;&lt;/td&gt;&lt;td style="padding-bottom: 2.5pt; font-family: Times New Roman, Times, Serif; text-align: left"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
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&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Outstanding options at March 31, 2013 expire
between August 2020 and November 2021 and have exercise prices ranging from $6.06 to $6.80.&lt;/p&gt;

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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EXEAG">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Oil and Gas Reserve Data - Changes in Proved Reserves: (Details)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
        <th class="th" colspan="1"></th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013

</div>
          <div>bbl</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012

</div>
          <div>bbl</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011

</div>
          <div>bbl</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2010

</div>
          <div>bbl</div>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease', window );">Revision of previous estimates</a></td>
        <td class="num">(412,155)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top">
          <div class="a">Oil [Member]</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesNet', window );">Developed and Undeveloped Reserves</a></td>
        <td class="nump">366,000<span></span></td>
        <td class="nump">346,000<span></span></td>
        <td class="nump">290,000<span></span></td>
        <td class="nump">240,000<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease', window );">Revision of previous estimates</a></td>
        <td class="num">(10,000)<span></span></td>
        <td class="nump">33,000<span></span></td>
        <td class="nump">22,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace', window );">Purchase of minerals in place</a></td>
        <td class="nump">48,000<span></span></td>
        <td class="nump">19,000<span></span></td>
        <td class="nump">45,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions', window );">Extensions and discoveries</a></td>
        <td class="nump">5,000<span></span></td>
        <td class="nump">23,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace', window );">Sales of minerals in place</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesProduction', window );">Production</a></td>
        <td class="num">(23,000)<span></span></td>
        <td class="num">(19,000)<span></span></td>
        <td class="num">(17,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="rh">
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          <div class="a">Natural Gas [Member]</div>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesNet', window );">Developed and Undeveloped Reserves</a></td>
        <td class="nump">7,844,000<span></span></td>
        <td class="nump">8,445,000<span></span></td>
        <td class="nump">8,757,000<span></span></td>
        <td class="nump">8,405,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease', window );">Revision of previous estimates</a></td>
        <td class="num">(589,000)<span></span></td>
        <td class="num">(183,000)<span></span></td>
        <td class="nump">130,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesPurchasesOfMineralsInPlace', window );">Purchase of minerals in place</a></td>
        <td class="nump">71,000<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">545,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesExtensionsDiscoveriesAndAdditions', window );">Extensions and discoveries</a></td>
        <td class="nump">318,000<span></span></td>
        <td class="nump">267,000<span></span></td>
        <td class="nump">136,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesSalesOfMineralsInPlace', window );">Sales of minerals in place</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ProvedDevelopedAndUndevelopedReservesProduction', window );">Production</a></td>
        <td class="num">(401,000)<span></span></td>
        <td class="num">(396,000)<span></span></td>
        <td class="num">(459,000)<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Additions to proved reserves that result from (1) extension of the proved acreage of previously discovered (old) reservoirs through additional drilling in periods after discovery and (2) discovery of new fields with proved reserves or of new reservoirs of proved reserves in old fields.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The net quantity of proved reserves as of the balance sheet date. Proved oil reserves are the estimated quantities of crude oil and natural gas liquids which geological and engineering data demonstrate with reasonable certainty to be recoverable.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-10.(a)(2))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21918352&amp;loc=d3e511914-122862<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 10<br><br> -Paragraph a<br><br> -Subparagraph 2<br><br> -Article 4<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Production of proved reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Purchase of minerals in place.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph c<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Revisions represent changes in previous estimates of proved reserves, either upward or downward, resulting from new information (except for an increase in proved acreage) normally obtained from development drilling and production history or resulting from change in economic factors.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>Sales of minerals in place.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 5<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61831-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59F<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;In June 2012, the board of directors authorized
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    &lt;td style="width: 3.35in; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="width: 74.15pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.15pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 74.75pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;368,444&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,147,892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exploration&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,043&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,887,815&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;2,596,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 241.1pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$31,669,572&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$30,256,330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved oil and gas properties:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;not subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;31,840,059&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;16,154,203&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,161,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,685,856&lt;/font&gt;&lt;/td&gt;
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Sales of minerals in place</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Production</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">98,088</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_ProgressOfConvertingProvedUndevelopedReservesTableTextBlock', window );">Progress of Converting Proved Undeveloped Reserves:</a></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">(Mcfe)</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedReservesTableTextBlock', window );">Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves:</a></td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
    <td style="width: 229.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
    <td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future cash inflows</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;52,900,000</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future production costs and taxes</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(16,031,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future development costs</font></td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4,850,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4,530,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future income taxes</font></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(6,374,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(9,920,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(9,118,000)</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future net cash flows</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">26,783,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">32,180,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Annual 10% discount for estimated timing</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">of cash flows</p></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Courier; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(12,414,000)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Courier; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(14,946,000)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Courier; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(14,528,000)</p></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Standardized measure of discounted future</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">net cash flows</p></td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">$ 14,369,000</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">$ 19,356,000</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">$ 17,652,000</p></td></tr>
</table><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_ChangesInStandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesTableTextBlock', window );">Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves:</a></td>
        <td class="text"><table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
    <td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">March 31</font></td></tr>
<tr style="vertical-align: top">
    <td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
    <td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Sales of oil and gas produced, net of</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">production costs</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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                <p>No definition available.</p>
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    <td style="text-align: justify; padding-left: 5.4pt">Accounts payable</td><td>&#160;</td>
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    <td style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td style="border-bottom: Black 1pt solid; text-align: right">(80,760</td><td style="padding-bottom: 1pt; text-align: left">)</td></tr>
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                <p>Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.</p>
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                <p>Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p>
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                <p>Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.</p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EZAAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Oil and Gas Reserve Data - Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves: (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows', window );">Future cash inflows</a></td>
        <td class="nump">$ 52,900,000<span></span></td>
        <td class="nump">$ 64,783,000<span></span></td>
        <td class="nump">$ 56,413,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts', window );">Future production costs and taxes</a></td>
        <td class="num">(14,893,000)<span></span></td>
        <td class="num">(16,031,000)<span></span></td>
        <td class="num">(11,086,000)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts', window );">Future development costs</a></td>
        <td class="num">(4,850,000)<span></span></td>
        <td class="num">(4,530,000)<span></span></td>
        <td class="num">(4,029,000)<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense', window );">Future income taxes</a></td>
        <td class="num">(6,374,000)<span></span></td>
        <td class="num">(9,920,000)<span></span></td>
        <td class="num">(9,118,000)<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows', window );">Future net cash flows</a></td>
        <td class="nump">26,783,000<span></span></td>
        <td class="nump">34,302,000<span></span></td>
        <td class="nump">32,180,000<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows', window );">Annual 10% discount for estimated timing of cash flows</a></td>
        <td class="num">(12,414,000)<span></span></td>
        <td class="num">(14,946,000)<span></span></td>
        <td class="num">(14,528,000)<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure', window );">Standardized measure of discounted future net cash flows</a></td>
        <td class="nump">$ 14,369,000<span></span></td>
        <td class="nump">$ 19,356,000<span></span></td>
        <td class="nump">$ 17,652,000<span></span></td>
      </tr>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This is the amount that is derived from using a discount rate of ten percent a year to reflect the timing of the future net cash flows relating to proved oil and gas reserves.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (e)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Cash proceeds expected from future sale of oil and gas from proved reserves located in this geographic region.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The future cost of developing oil and gas from proved reserves located in this geographic region.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The estimated future income tax expenses that will be incurred based on the future income less future expenses derived from production and sale of proved oil and gas reserves in this geographic region.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>These amounts are the result of subtracting future development and production costs and future income tax expenses from future cash inflows for each geographic region where proved oil and gas reserves exist.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (d)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The future cost of producing oil and gas from proved reserves located in this geographic region.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>This amount is the future net cash flows less the computed discount.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 30<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62424-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 31<br><br> -Subparagraph (f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e62455-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59Y<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ENGAE">
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        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Income Taxes (Details Narrative) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="3">12 Months Ended</th>
        <th class="th" colspan="1"></th>
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      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2010</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxDisclosureAbstract', window );"><strong>Income Tax Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OtherTaxCarryforwardGrossAmount', window );">Statutory depletion carryforward</a></td>
        <td class="nump">$ 4,300,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwards', window );">Net operating loss carryforward</a></td>
        <td class="nump">3,800,000<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OperatingLossCarryforwardsExpirationDates', window );">Expiration date, operating loss carryforward</a></td>
        <td class="text">2021<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredIncomeTaxExpenseBenefit', window );">Deferred income tax benefit (expense)</a></td>
        <td class="nump">31,504<span></span></td>
        <td class="nump">27,960<span></span></td>
        <td class="num">(9,906)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CurrentIncomeTaxExpenseBenefit', window );">Current income tax benefit</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="nump">25,502<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LiabilityForUncertainTaxPositionsCurrent', window );">Uncertain tax positions</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UnrecognizedTaxBenefits', window );">Unrecognized tax benefits at end of period</a></td>
        <td class="nump">$ 677,000<span></span></td>
        <td class="nump">$ 677,000<span></span></td>
        <td class="nump">$ 670,000<span></span></td>
        <td class="nump">$ 524,000<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Current Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6509736<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_CurrentIncomeTaxExpenseBenefit</nobr></td>
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                    <td><strong> Data Type:</strong></td>
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                    <td><strong> Balance Type:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 45<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 95<br><br> -Paragraph 28<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 230<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6943989&amp;loc=d3e3602-108585<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 6.I.7)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6889476&amp;loc=d3e330036-122817<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(h))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph h<br><br> -Article 4<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 6<br><br> -Section I<br><br> -Subsection 7<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Deferred Tax Expense (or Benefit)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6510177<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32639-109319<br><br><br><br></p>
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                <p>The current portion of the amount recognized for uncertain tax positions as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.20)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 6, 7, 8<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                <p>The sum of domestic, foreign and state and local operating loss carryforwards, before tax effects, available to reduce future taxable income under enacted tax laws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 48<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>The expiration date of each operating loss carryforward included in total operating loss carryforwards, or the applicable range of such expiration dates.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 48<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32559-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 48<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 17<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                <p>The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Unrecognized Tax Benefit<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6527854<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 15A<br><br> -Subparagraph (a)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=SL6600010-109319<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 21<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ECBAC">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Credit Facility - Summary of activity on the Bank of America, N.A. line of credit (Details) (USD $)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
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      <tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DebtDisclosureAbstract', window );"><strong>Debt Disclosure [Abstract]</strong></a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityAmountOutstanding', window );">Balance at March 31, 2012:</a></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityIncreaseAdditionalBorrowings', window );">Borrowings</a></td>
        <td class="nump">1,600,000<span></span></td>
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        <td class="num">(350,000)<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_LineOfCreditFacilityAmountOutstanding', window );">Balance at December 31, 2012:</a></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount borrowed under the credit facility as of the balance sheet date.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 19, 22<br><br> -Article 5<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Decrease for amounts repaid on the credit facility for the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(f))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph f<br><br> -Article 4<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Increase for additional borrowings on the credit facility during the period.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-08.(f))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6881521&amp;loc=d3e23780-122690<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 08<br><br> -Paragraph f<br><br> -Article 4<br><br><br><br></p>
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<html>
  <head>
    <META http-equiv="Content-Type" content="text/html; charset=us-ascii">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ENFAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Income Taxes - Components of net deferred tax assets (Details) (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
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        <th class="th">
          <div>Mar. 31, 2012</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComponentsOfDeferredTaxAssetsAbstract', window );"><strong>Deferred tax assets:</strong></a></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="nump">$ 1,336,630<span></span></td>
        <td class="nump">$ 1,336,630<span></span></td>
        <td class="nump">$ 1,180,896<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost', window );">Deferred stock-based compensation</a></td>
        <td class="nump">24,003<span></span></td>
        <td class="nump">13,844<span></span></td>
        <td class="nump">2,872<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations', window );">Asset retirement obligation</a></td>
        <td class="nump">252,158<span></span></td>
        <td class="nump">205,616<span></span></td>
        <td class="nump">179,462<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards', window );">Net operating loss</a></td>
        <td class="nump">503,659<span></span></td>
        <td class="nump">171,411<span></span></td>
        <td class="nump">125,848<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsOther', window );">Other</a></td>
        <td class="nump">3,237<span></span></td>
        <td class="nump">3,695<span></span></td>
        <td class="nump">6,200<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxAssetsNet', window );">Total deferred tax assets</a></td>
        <td class="nump">2,119,687<span></span></td>
        <td class="nump">1,731,196<span></span></td>
        <td class="nump">1,495,278<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract', window );"><strong>Deferred tax liabilities:</strong></a></td>
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        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment', window );">Excess financial accounting bases over tax bases of property and equipment</a></td>
        <td class="num">(2,972,886)<span></span></td>
        <td class="num">(2,615,899)<span></span></td>
        <td class="num">(2,407,941)<span></span></td>
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        <td class="num">$ (853,199)<span></span></td>
        <td class="num">$ (884,703)<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible capital loss carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b),(c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><strong> Name:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43, 289<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsOperatingLossCarryforwards</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences not separately disclosed.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 11<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from asset retirement obligations. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 11<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations</nobr></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences net of deferred tax asset attributable to deductible temporary differences and carryforwards after valuation allowances.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e31931-109318<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 6<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32621-109319<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 25<br><br> -Paragraph 20<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6969291&amp;loc=d3e28680-109314<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 43<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32632-109319<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 11<br><br> -Subparagraph d, e, f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>xbrli:monetaryItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>credit</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>instant</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
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<DESCRIPTION>IDEA: Selected Quarterly Financial Data (Tables)
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&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2013&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;924,098&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;781,426&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ 734,313&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$623,870&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Operating
    profit (loss)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,270&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(78,469)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,004)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(122, 072)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(74,340)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(39,580)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;763&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(63,217)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net income per share &amp;#150; diluted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.04)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.02)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;0.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(0.03)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td colspan="7" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;FISCAL 2012&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: bottom"&gt;
    &lt;td style="width: 178.45pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4&lt;sup&gt;th&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3&lt;sup&gt;rd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2&lt;sup&gt;nd&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1&lt;sup&gt;st&lt;/sup&gt; QTR&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Oil and gas revenue&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;753,875&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;753,789&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$905,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;63,837&lt;/font&gt;&lt;/td&gt;
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&lt;tr style="vertical-align: top"&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;50,961&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;79,272&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;104,385&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Income Taxes<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">7. Income Taxes</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mexco and its subsidiaries file a consolidated
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requires the interpretation of complex rules and regulations of federal and state taxing jurisdictions. With few exceptions, Mexco
is no longer subject to U.S. federal and state income tax examinations by tax authorities for years prior to 2010.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Significant components of net deferred tax
assets (liabilities) at March 31 are as follows:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,495,278</font></td></tr>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
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        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2,615,899)</p></td>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(2,407,941)</p></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$ (884,703)</font></td>
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of March 31, 2013, we have a statutory depletion
carryforward of approximately $4,300,000, which does not expire. At March 31, 2013, we had a net operating loss carryforward for
regular income tax reporting purposes of approximately $3,800,000, which will begin expiring in 2021. Our ability to use some of
our net operating loss carryforwards and certain other tax attributes to reduce current and future U.S. federal taxable income
is subject to limitations under the Internal Revenue Code.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the year ended March 31, 2013, there was
a deferred income tax benefit of $31,504. There was no current income tax for the year ended March 31, 2013. For the year ended
March 31, 2012, there was a deferred income tax benefit of $27,960. There was no current income tax for the year ended March 31,
2012. For the year ended March 31, 2011, there was a current income tax benefit of $25,502 and a deferred income tax expense of
$9,906.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A reconciliation of the provision for income
taxes to income taxes computed using the federal statutory rate for years ended March 31 follows:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
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    <td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">--</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Other</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Total income tax benefit</font></td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">(1)&#9;The federal statutory rate
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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the years ended March 31, 2013, 2012 and
2011, we did not have any uncertain tax positions.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For the years ended March 31, 2013, 2012 and
2011, the amount of unrecognized tax benefits was approximately $677,000, $677,000 and $670,000, respectively. While it is expected
the amount of unrecognized tax benefits will change in the next 12 months, we do not expect any change to have a significant impact
on our results of operations. The recognition of the total amount of the unrecognized tax benefits of $677,000 would have an impact
on the effective tax rate. If these unrecognized tax benefits are disallowed, we will be required to pay additional taxes.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">A reconciliation of the beginning and ending
balances of unrecognized tax benefits is as follows:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
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</LabelSeparator><Level>2</Level><ElementName>us-gaap_CashAndCashEquivalentsPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Cash and Cash Equivalents&lt;/b&gt;. We consider
all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.
We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash
equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed
to any significant credit risk.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Glossary Cash

 -URI http://asc.fasb.org/extlink&amp;oid=6506951



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Glossary Cash Equivalents

 -URI http://asc.fasb.org/extlink&amp;oid=6507016



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 230

 -SubTopic 10

 -Section 50

 -Paragraph 1

 -URI http://asc.fasb.org/extlink&amp;oid=6367179&amp;loc=d3e4273-108586



Reference 5: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Regulation S-X (SX)

 -Number 210

 -Section 02

 -Paragraph 1

 -Article 5



Reference 6: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 305

 -SubTopic 10

 -URI http://asc.fasb.org/subtopic&amp;trid=2122427



Reference 7: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Financial Reporting Release (FRR)

 -Number 203

 -Paragraph 02-03



Reference 8: http://www.xbrl.org/2003/role/presentationRef

 -Publisher AICPA

 -Name Technical Practice Aid (TPA)

 -Number 2110

 -Paragraph 6

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 9: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 95

 -Paragraph 7, 8, 9, 10

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Cash and Cash Equivalents</Label></Row><Row FlagID="0"><Id>5</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_ReceivablesPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Accounts Receivable.&lt;/b&gt; Our accounts receivable
include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a
customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a
right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed
and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss
history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance
has been made for doubtful accounts.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 114

 -Paragraph 20

 -Subparagraph b

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Emerging Issues Task Force (EITF)

 -Number 92-5

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 310

 -SubTopic 10

 -URI http://asc.fasb.org/subtopic&amp;trid=2196772



Reference 5: http://www.xbrl.org/2003/role/presentationRef

 -Publisher AICPA

 -Name Statement of Position (SOP)

 -Number 01-6

 -Paragraph 13

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 6: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Regulation S-X (SX)

 -Number 210

 -Section 02

 -Paragraph 3-5

 -Article 5



Reference 7: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 310

 -SubTopic 20

 -URI http://asc.fasb.org/subtopic&amp;trid=2196816



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Accounts Receivable</Label></Row><Row FlagID="0"><Id>6</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_IndustrySpecificPoliciesOilAndGasTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Oil and Gas Properties&lt;/b&gt;. Oil and gas
properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,
as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes
any internal costs that are directly related to exploration and development activities but does not include any costs related to
production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated
asset retirement costs recorded based on the fair value of the asset retirement obligation (&amp;#147;ARO&amp;#148;) when incurred. Generally,
no gains or losses are recognized on the sale or disposition of oil and gas properties.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for oil and gas entities.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 932

 -URI http://asc.fasb.org/topic&amp;trid=2145477



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Oil and Gas Properties</Label></Row><Row FlagID="0"><Id>7</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0"&gt;&lt;b&gt;Accounting for Long-Lived Assets. &lt;/b&gt;The Company reviews property
and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated
future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Staff Accounting Bulletin (SAB)

 -Number Topic 5

 -Section CC

 -Subsection 3



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 360

 -SubTopic 10

 -URI http://asc.fasb.org/subtopic&amp;trid=2155824



Reference 4: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 144

 -Paragraph 7-15, 26, 30-37

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Accounting for Long-Lived Assets</Label></Row><Row FlagID="0"><Id>8</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_OilAndGasPropertiesPolicyPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Excluded Costs&lt;/b&gt;. Oil and gas properties
include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties
and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs
are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment
is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&amp;#147;DD&amp;#38;A&amp;#148;)
pool). Impairments transferred to the DD&amp;#38;A pool increase the DD&amp;#38;A rate.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for oil and gas property which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 235

 -SubTopic 10

 -Section 50

 -Paragraph 3

 -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790



Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 210

 -SubTopic 10

 -Section S99

 -Paragraph 1

 -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 360

 -SubTopic 10

 -Section 50

 -Paragraph 1

 -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Excluded Costs</Label></Row><Row FlagID="0"><Id>9</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>MXC_CeilingTestPolicyPolicyTextBlock</ElementName><ElementPrefix>MXC_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Ceiling Test&lt;/b&gt;. Under the full cost method
of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,
or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net
cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement
obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for
the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil
and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected
in additional accumulated DD&amp;#38;A. This is called a &amp;#34;ceiling limitation write-down.&amp;#34; This charge does not impact cash
flow from operating activities, but does reduce our stockholders' equity and reported earnings.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>No authoritative reference available.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Ceiling Test</Label></Row><Row FlagID="0"><Id>10</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Depreciation, Depletion and Amortization&lt;/b&gt;.
The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&amp;#38;A, estimated future
development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.
The depreciable base of oil and gas properties is amortized using the unit-of-production method.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for depreciation, depletion, and amortization of property and equipment costs, including methods used and estimated useful lives and how impairment of such assets is assessed and recognized.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Depreciation, Depletion and Amortization</Label></Row><Row FlagID="0"><Id>11</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_AssetRetirementObligationsPolicy</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>verboseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Asset Retirement Obligations&lt;/b&gt;. We have
significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production
operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase
in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related
asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting
from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Estimating the future ARO requires management
to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.
We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value
calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,
timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions
to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related
asset.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for determining amounts to accrue and charge against earnings so as to satisfy legal obligations associated with the retirement (through sale, abandonment, recycling, or disposal in some other manner) of a tangible long-lived asset that result from the acquisition, construction, or development and (or) the normal operation of a long-lived asset. This accounting policy disclosure excludes obligations arising 1) in connection with leased property, whether imposed by a lease agreement or by a party other than the lessor, that meet the definition of either minimum lease payments or contingent rentals; 2) solely from a plan to sell or otherwise dispose of a long-lived asset and 3) from certain environmental remediation liabilities.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets
and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable
to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change
in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded
as interest expense and general and administrative expense, respectively.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Income Taxes</Label></Row><Row FlagID="0"><Id>13</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_PropertyPlantAndEquipmentPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Other Property and Equipment&lt;/b&gt;. Provisions
for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of
three to ten years.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Other Property and Equipment</Label></Row><Row FlagID="0"><Id>14</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_EarningsPerSharePolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Income (Loss) Per Common Share&lt;/b&gt;.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares
outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise
prices less than the average market price of the common stock during the period using the treasury stock method and is
computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares
(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common
shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Due to a net loss for the year ended March
31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would
be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations
because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,
2012.&lt;font style="color: red"&gt; &lt;/font&gt;For the year ended March 31, 2011, no potential common shares relating to stock options were
excluded in the computation of diluted net income per share.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;The following is a reconciliation of the number
of shares used in the calculation of basic income per share and diluted income per share for the periods ended March 31:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 642px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 3.5in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net (loss) income &lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(82,564)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;329,993&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;155,696&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Shares outstanding:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,036,959&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,028,014&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,947,605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of the assumed exercise of dilutive stock options&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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 -Publisher FASB

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Income (Loss) Per Common Share</Label></Row><Row FlagID="0"><Id>15</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_RevenueRecognitionPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Revenue Recognition. &lt;/b&gt;Oil and gas sales
and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to
credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically
had little, if any, uncollectible oil and gas receivables.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Publisher SEC

 -Name Staff Accounting Bulletin (SAB)

 -Number Topic 13

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 -Publisher FASB

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 -Publisher AICPA

 -Name Accounting Principles Board Opinion (APB)

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Revenue Recognition</Label></Row><Row FlagID="0"><Id>16</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_GasBalancingPolicyPolicyTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Gas Balancing&lt;/b&gt;. Gas imbalances are accounted
for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes
of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those
wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas
imbalances.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for gas-balancing arrangements using either the entitlements method or the sales method consistently for all significant gas imbalances.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Gas Balancing</Label></Row><Row FlagID="0"><Id>17</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&lt;b&gt;Stock-based Compensation&lt;/b&gt;. We use the
Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized
as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation
awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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 -Number 123R

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 -Publisher FASB

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May 2011, the Financial Accounting Standards Board (&amp;#147;FASB&amp;#148;) issued Accounting Standards Update (&amp;#147;ASU&amp;#148;)
No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.
ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April
1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.&lt;/font&gt;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0.7pt 0 0; text-align: justify; text-indent: 22.5pt"&gt;&amp;#160;&lt;/p&gt;

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          <div style="width: 200px;"><strong>Selected Quarterly Financial Data (Tables)<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_QuarterlyFinancialInformationDisclosureAbstract', window );"><strong>Quarterly Financial Information Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
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        <td class="text"><table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table align="center" cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 8.1pt; border-collapse: collapse">
<tr style="vertical-align: bottom">
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<tr style="vertical-align: bottom">
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    <td style="width: 63.9pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">3<sup>rd</sup> QTR</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 67.1pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2<sup>nd</sup> QTR</font></td>
    <td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 63.55pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">1<sup>st</sup> QTR</font></td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;753,875</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;753,789</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(1,305)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">63,837</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50,961</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">79,272</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table><span></span></td>
      </tr>
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    <div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
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                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
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                  <tr>
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          </td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 270<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (a)-(j)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=20225539&amp;loc=d3e1280-108306<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ENAAE">
      <tr>
        <th class="tl" colspan="1" rowspan="1">
          <div style="width: 200px;"><strong>Oil and Gas Costs - Aggregate capitalized costs relating to our oil and gas property activities (Details) (USD $)<br></strong></div>
        </th>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2012</div>
        </th>
        <th class="th">
          <div>Mar. 31, 2011</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ExtractiveIndustriesAbstract', window );"><strong>Extractive Industries [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizedCostsProvedProperties', window );">Proved oil and gas properties</a></td>
        <td class="nump">$ 34,138,841<span></span></td>
        <td class="nump">$ 31,669,572<span></span></td>
        <td class="nump">$ 30,256,330<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_UnprovedOilAndGasProperties', window );"><strong>Unproved oil and gas properties:</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AcquisitionCostsCumulative', window );">subject to amortization</a></td>
        <td class="nump">170,487<span></span></td>
        <td class="nump">170,487<span></span></td>
        <td class="nump">170,487<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative', window );">not subject to amortization</a></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
        <td class="text">&nbsp;&nbsp;<span></span></td>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizedCostsOilAndGasProducingActivitiesGross', window );">total</a></td>
        <td class="nump">34,309,328<span></span></td>
        <td class="nump">31,840,059<span></span></td>
        <td class="nump">30,426,817<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities', window );">Less accumulated DD&amp;A</a></td>
        <td class="nump">17,249,803<span></span></td>
        <td class="nump">16,154,203<span></span></td>
        <td class="nump">15,161,524<span></span></td>
      </tr>
      <tr class="rou">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CapitalizedCostsOilAndGasProducingActivitiesNet', window );">Total</a></td>
        <td class="nump">$ 17,059,525<span></span></td>
        <td class="nump">$ 15,685,856<span></span></td>
        <td class="nump">$ 15,265,293<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The capitalized costs incurred (excluded from amortization), as of the date of the balance sheet, to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-10.(c)(7)(ii))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21918352&amp;loc=d3e511914-122862<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Amount of accumulated depreciation, depletion, amortization and valuation allowance relating to oil and gas producing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61901-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59M<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of the capitalized costs incurred, as of the balance sheet date, of unproved properties excluded from amortization including acquisition costs, exploration costs, development costs, and production costs.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.4-10.(c)(7)(ii))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21918352&amp;loc=d3e511914-122862<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The sum of capitalized costs relating to oil and gas producing activities before accounting for accumulated depreciation.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61901-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59M<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Net amount of capitalized costs relating to oil and gas producing activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61901-109447<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59M<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Capitalized costs of proved properties incurred for any combination mineral interests acquisitions; wells and related equipment; support equipment and facilities; and uncompleted wells and equipment and other costs not previously disclosed within this table.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 360<br><br> -Glossary Proved Properties<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6522428<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 235<br><br> -Section 50<br><br> -Paragraph 13<br><br> -URI http://asc.fasb.org/extlink&amp;oid=8451039&amp;loc=d3e61901-109447<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Glossary Properties<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21914647<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 19<br><br> -Paragraph 59M<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Stockholders' Equity<br></strong></div>
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          <div>Mar. 31, 2013</div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">10. Stockholders&#146; Equity</p>

<p style="color: red; font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In June 2012, the board of directors authorized
the use of up to $250,000 to repurchase shares of our common stock for the treasury account. During fiscal 2013, we repurchased
2,833 shares for the treasury at an aggregate cost of $15,547. During fiscal 2012, we repurchased 4,000 shares for the treasury
at an aggregate cost of $22,780. During fiscal 2011, we repurchased 2,000 shares for the treasury at an aggregate cost of $12,325.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><span></span></td>
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                <p>The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable).  Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,947,605&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of the assumed exercise of dilutive stock options&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8,227&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted avg. common shares outstanding &amp;#150; dilutive&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,959&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;2,036,241&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,962,656&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(Loss) income per common share:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Basic&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.08&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Diluted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(0.09)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.16&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Asset Retirement Obligations<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationDisclosureAbstract', window );"><strong>Asset Retirement Obligation Disclosure [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationDisclosureTextBlock', window );">Asset Retirement Obligations</a></td>
        <td class="text"><p style="margin: 0"></p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">6. Asset Retirement Obligations</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Courier; margin: 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Mexco&#146;s
asset retirement obligations relate to the plugging of wells, the removal of facilities and equipment, and site restoration on
oil and gas properties. The fair value of a liability for an ARO is recorded in the period in which it is incurred, discounted
to its present value using the credit adjusted risk-free interest rate, and a corresponding amount capitalized by increasing the
carrying amount of the related long-lived asset. The liability is accreted each period, and the capitalized cost is depreciated
over the useful life of the related asset.</font></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table provides a rollforward
of the asset retirement obligations for fiscal years ended March 31:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; margin-left: 5.4pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 4.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Carrying amount of asset retirement obligations as of April 1</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;663,279</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;578,911</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Liabilities incurred</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,003</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">53,468</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Liabilities settled</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(3,246)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(5,351)</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Accretion expense</font></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">39,376</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">36,251</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Carrying amount of asset retirement obligations as of March 31</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">813,412</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">663,279</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Less: Current portion</font></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">50,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"><font style="font: 11pt Times New Roman, Times, Serif">Non-Current asset retirement obligation</font></td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;763,412&#160;&#160;</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif; text-underline-style: double; color: red">&#160;</font></td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;613,279&#160;&#160;</font></td></tr>
</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The ARO is included on the consolidated balance
sheets with the current portion being included in the accounts payable and accrued expenses.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p><span></span></td>
      </tr>
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          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
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        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div>
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                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_AssetRetirementObligationDisclosureAbstract</nobr></td>
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                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
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          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The entire disclosure for an asset retirement obligation and the associated long-lived asset. An asset retirement obligation is a legal obligation associated with the disposal or retirement from service of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Mexco Energy Corporation (a Colorado corporation)
and its wholly owned subsidiaries, Forman Energy Corporation (a New York corporation), Southwest Texas Disposal Corporation (a
Texas corporation) and TBO Oil &#38; Gas, LLC (a Texas limited liability company) (collectively, the &#147;Company&#148;) are
engaged in the exploration, development and production of natural gas, crude oil, condensate and natural gas liquids (&#147;NGLs&#148;).
Most of the Company&#146;s oil and gas interests are centered in West Texas; however, we own producing properties and undeveloped
acreage in twelve states. Although most of our oil and gas interests are operated by others, we operate several properties in which
we own an interest.</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On December 31, 2012, Mexco Energy Corporation
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working interests in over 280 wells producing primarily oil.</p><span></span></td>
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                <p>The entire disclosure for the business description and basis of presentation concepts.  Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity.  Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).</p>
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          <div style="width: 200px;"><strong>Oil and Gas Reserve Data - Summary of Proved Developed and Undeveloped Reserves (Details)<br></strong></div>
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                <p>Net quantities of an enterprise's interests in proved developed reserves of either crude oil (including condensate and natural gas liquids), natural gas, synthetic oil and gas, or other nonrenewable natural resource that is intended to be upgraded into synthetic oil and gas as of the beginning and the end of the year. "Net" quantities of reserves include those relating to the enterprise's operating and nonoperating interests in properties. Quantities of reserves relating to royalty interests owned are included in "net" quantities if the necessary information is available to the enterprise. "Net" quantities does not include reserves relating to interests of others in properties owned by the enterprise. The unit of measure for reserve quantities is defined as "barrels" for oil and synthetic oil reserves or "cubic feet" or "cubic meters" for natural gas and synthetic gas reserves.</p>
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                <p>Net quantities of an enterprise's interests in proved undeveloped reserves of either crude oil (including condensate and natural gas liquids), natural gas, synthetic oil and gas, or other renewable natural resource that is intended to be upgraded into synthetic oil and gas as of the beginning and the end of the year. "Net" quantities of reserves include those relating to the enterprise's operating and nonoperating interests in properties. Quantities of reserves relating to royalty interests owned are included in "net" quantities if the necessary information is available to the enterprise. "Net" quantities does not include reserves relating to interests of others in properties owned by the enterprise. The unit of measure for reserve quantities is defined as "barrels" for oil and synthetic oil reserves or "cubic feet" or "cubic meters" for natural gas and synthetic gas reserves.</p>
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                <p>The total accumulated difference between fair values of underlying shares on dates of exercise and exercise price on options which were exercised (or share units converted) into shares during the reporting period under the plan.</p>
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                <p>The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology.</p>
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                    <td><strong> Period Type:</strong></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Fair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R13.xml
<DESCRIPTION>IDEA: Income Taxes
<TEXT>
<XBRL>
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;7. Income Taxes&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Mexco and its subsidiaries file a consolidated
federal income tax return and various state income tax returns.&lt;font style="color: red"&gt; &lt;/font&gt;The amount of income taxes we record
requires the interpretation of complex rules and regulations of federal and state taxing jurisdictions. With few exceptions, Mexco
is no longer subject to U.S. federal and state income tax examinations by tax authorities for years prior to 2010.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;Significant components of net deferred tax
assets (liabilities) at March 31 are as follows:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax assets: &lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Percentage depletion carryforwards&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,180,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred stock-based compensation&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;24,003&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;13,844&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,872&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset retirement obligation&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;252,158&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205,616&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;179,462&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net operating loss&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;503,659&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171,411&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;125,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,237&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,695&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,119,687&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,731,196&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,495,278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Excess
    financial accounting bases over tax bases of&amp;#160; property and equipment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,972,886)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,615,899)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,407,941)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net deferred tax liabilities&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (853,199)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (884,703)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (912,663)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;As of March 31, 2013, we have a statutory depletion
carryforward of approximately $4,300,000, which does not expire. At March 31, 2013, we had a net operating loss carryforward for
regular income tax reporting purposes of approximately $3,800,000, which will begin expiring in 2021. Our ability to use some of
our net operating loss carryforwards and certain other tax attributes to reduce current and future U.S. federal taxable income
is subject to limitations under the Internal Revenue Code.&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the year ended March 31, 2013, there was
a deferred income tax benefit of $31,504. There was no current income tax for the year ended March 31, 2013. For the year ended
March 31, 2012, there was a deferred income tax benefit of $27,960. There was no current income tax for the year ended March 31,
2012. For the year ended March 31, 2011, there was a current income tax benefit of $25,502 and a deferred income tax expense of
$9,906.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A reconciliation of the provision for income
taxes to income taxes computed using the federal statutory rate for years ended March 31 follows:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Tax expense at federal statutory rate (1)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(70,678)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;102,691&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;47,634&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Statutory depletion carryforward&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,734)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(86,221)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of graduated rates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,391&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,940)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,074)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of prior year estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,314&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,503&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Permanent differences&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;35,783&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,309)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,499&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total income tax benefit&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (31,504)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(27,960)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(15,596)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effective income tax rate&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(15%)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(9%)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11%)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"&gt;(1)&amp;#9;The federal statutory rate
was 34% for fiscal years ending March 31, 2013, 2012 and 2011.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the years ended March 31, 2013, 2012 and
2011, we did not have any uncertain tax positions.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;For the years ended March 31, 2013, 2012 and
2011, the amount of unrecognized tax benefits was approximately $677,000, $677,000 and $670,000, respectively. While it is expected
the amount of unrecognized tax benefits will change in the next 12 months, we do not expect any change to have a significant impact
on our results of operations. The recognition of the total amount of the unrecognized tax benefits of $677,000 would have an impact
on the effective tax rate. If these unrecognized tax benefits are disallowed, we will be required to pay additional taxes.&lt;/p&gt;

&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;A reconciliation of the beginning and ending
balances of unrecognized tax benefits is as follows:&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unrecognized tax benefits at beginning of period&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;677,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;670,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;524,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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          <div style="width: 200px;"><strong>Business Combinations - Purchase price was allocated to the assets acquired and liabilities assumed at estimated fair values (Details) (Acquisition of TBO Oil &amp; Gas, LLC, USD $)<br></strong></div>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables', window );">Accounts receivable</a></td>
        <td class="nump">74,623<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet', window );">Total assets acquired</a></td>
        <td class="nump">1,276,636<span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentLiabilitiesAccountsPayable', window );">Accounts payable</a></td>
        <td class="num">(45,876)<span></span></td>
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      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_BusinessAcquisitionPurchasePriceAllocationAssetRetirementObligations', window );">Asset retirement obligations assumed</a></td>
        <td class="num">(80,760)<span></span></td>
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      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_BusinessAcquisitionCostOfAcquiredEntityPurchasePrice', window );">Net purchase price</a></td>
        <td class="nump">$ 1,150,000<span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Asset retirement obligations assumed</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The total purchase price of the acquired entity. This includes cash paid to equity interest holders of the acquired entity, fair value of debt and equity securities issued to equity holders of the acquired entity, and transaction costs paid to third parties to consummate the acquisition.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 35<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of acquisition cost of a business combination allocated to receivables.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 37<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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                    <td><nobr>us-gaap_BusinessAcquisitionPurchasePriceAllocationCurrentAssetsReceivables</nobr></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of acquisition cost of a business combination allocated to accounts payable of the acquired entity.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>The amount of acquisition cost of a business combination allocated to natural resources other than mineral rights in the mining industry.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 51<br><br> -Subparagraph e<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 141<br><br> -Paragraph 37<br><br> -Subparagraph f<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

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 -Section 55

 -Paragraph 7

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    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,336,630&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$1,180,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;13,844&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,872&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Asset retirement obligation&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;205,616&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;179,462&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net operating loss&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;171,411&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;125,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,237&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,695&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2,119,687&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,731,196&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,495,278&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Deferred tax liabilities:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Excess financial accounting bases over tax bases of&amp;#160;property and equipment&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,972,886)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,615,899)&lt;/p&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;&amp;#160;&lt;/p&gt;
        &lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right"&gt;(2,407,941)&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Net deferred tax liabilities&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (853,199)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (884,703)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (912,663)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 740

 -SubTopic 10

 -Section 50

 -Paragraph 2

 -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32537-109319



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Components of net deferred tax assets (liabilities)</Label></Row><Row FlagID="0"><Id>3</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 648px; margin-left: 9.9pt; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 63pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 67.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Tax expense at federal statutory rate (1)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(70,678)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;102,691&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;47,634&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Statutory depletion carryforward&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(155,734)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(86,221)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Effect of graduated rates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;3,391&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(16,940)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,074)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Revision of prior year estimates&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4,314&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;44,503&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Permanent differences&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;35,783&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,210&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(17,309)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Other&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;--&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7,499&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(1,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total income tax benefit&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$ (31,504)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;(27,960)&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="width: 3.75in; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="width: 60.4pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 70.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Grant-date fair value&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;5.15&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Volatility factor&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;85.92%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;82.83%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Dividend yield&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Risk-free interest rate&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1.49%&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.07%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Expected term (in years)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.25&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 718

 -SubTopic 10

 -Section 50

 -Paragraph 2

 -Subparagraph (d)(1)

 -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901



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</LabelSeparator><Level>2</Level><ElementName>us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock</ElementName><ElementPrefix>us-gaap_</ElementPrefix><IsBaseElement>true</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 21.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 132.4pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 58.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Number of Shares&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 103.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Aggregate Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 68.2pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Intrinsic Value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at April 1, 2010&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;107,500&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.94&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2.51&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,088&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;42,500&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.24&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(85,250)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.26&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(11,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;5.89&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2011&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;53,750&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.69&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.33&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;401,200&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.80&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(10,000)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.00&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;83,750&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.65&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;127,363&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Granted&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercised&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;(3,750)&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;4.35&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Forfeited or Expired&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Outstanding at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;80,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.52&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;8.03&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Vested at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exercisable at March 31, 2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,000&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.42&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;7.82&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

 -Topic 718

 -SubTopic 10

 -Section 50

 -Paragraph 2

 -Subparagraph (c)(1)

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    &lt;td style="width: 46%; padding-left: 5.4pt"&gt;Weighted average grant-date fair value of stock &lt;br /&gt;options granted (per share)&lt;/td&gt;&lt;td style="width: 5%"&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="text-align: left; padding-left: 5.4pt"&gt;Total fair value of options vested&lt;/td&gt;&lt;td&gt;&amp;#160;&lt;/td&gt;
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    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Exercise Price Per Share&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="width: 94.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Weighted Average Remaining Contract Life in Years&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.23&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;40,000&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;6.80&lt;/font&gt;&lt;/td&gt;
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    &lt;td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"&gt;&amp;#160;&lt;/td&gt;
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          <div style="width: 200px;"><strong>Oil and Gas Reserve Data (Unaudited)<br></strong></div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">13. Oil and Gas Reserve Data (Unaudited)</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The estimates of our proved oil and gas reserves,
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estimates as of March 31, 2013, 2012, and 2011 are based on evaluations prepared by Joe C. Neal and Associates, Petroleum Consultants.
Management emphasizes that reserve estimates are inherently imprecise and are expected to change as new information becomes available
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recoverable in future years from known reservoirs under existing economic and operating conditions.</p>

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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Sales of minerals in place</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Production</font></td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Proved developed reserves are those expected
to be recovered through existing wells, equipment and operating methods.&#160; Proved undeveloped reserves (&#34;PUD&#34;) are
proved reserves are expected to be recovered from new wells on undrilled acreage or from existing wells where a relatively major
expenditure is required for recompletion.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Summary of Proved Developed and Undeveloped
Reserves as of March 31, 2013, 2012 and 2011</b>:</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 576px; margin-left: 27.9pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 247.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of March 31, 2013, 2012 and 2011 reserves
were computed using the 12-month unweighted average of the first-day-of-the-month prices, in accordance with revised guidelines
of the SEC applicable to reserves estimates as of year-end 2010.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At March 31, 2013, we reported estimated PUDs
of 3.8 bcfe, which accounted for 38% of our total estimated proved oil and gas reserves. This figure primarily consists of a projected
33 new wells (2.6 bcfe), 4 of which we operate, and 1 new zone behind pipe from a currently producing wellbore (.4 bcfe) that we
also operate. Our timetable for this well is totally dependent on the life of the currently producing zone. After the current zone
has depleted, we will open the new productive zone. Of the 4 wells we operate (1.9 bcfe), all 4 have additional productive zones
behind pipe (.6 bcfe). Also, there is potential to commingle the new zones in the new wells with prior permission from the Railroad
Commission. We drilled 1 operated well during fiscal 2012 and completed the well in fiscal 2013. We project 1 operated well will
be drilled in fiscal 2014, with the three (3) remaining wells in fiscal 2015. Regarding the remaining 29 PUD locations operated by
others (.8 bcfe), three (3) wells are currently being drilled and three (3) locations are currently being prepared to drill with
plans for eleven (11) wells to follow in 2014, nine (9) wells in 2015 and three (3) wells in 2016.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Included in proved undeveloped reserves at
March 31, 2013 are approximately 1.5 bcfe of reserves which have remained undeveloped for more than five years. These
primarily consist of two drilling locations in an area where we have long-standing operations and these locations are currently
held by production from other wells in which Mexco owns. As of March 31, 2011, these reserves consisted of three drilling
locations projected to be drilled one per year during the fiscal years of 2012, 2013 and 2014. We drilled 1 of these wells during
fiscal 2012 and during fiscal 2013, completed the well and turned it on for production. Our timetable for the two remaining wells
is to drill one during fiscal 2014 and one during fiscal 2015.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following table discloses our progress
toward the conversion of PUDs during fiscal 2013.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Progress of Converting Proved Undeveloped
Reserves</b>:</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 522px; margin-left: 0.7in; border-collapse: collapse">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">(Mcfe)</font></td>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">Development Costs</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">PUDs, beginning of year</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,307,550</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Revision of previous estimates</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(412,155)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(185,185)</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Conversions to PD reserves</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(155,700)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(228,198)</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Additional PUDs added</font></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">379,334</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">647,350</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: -0.2pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">PUDs, end of year</font></td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,806,941</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,541,517</font></td></tr>
</table>
<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Estimated future net cash flows represent an
estimate of future net revenues from the production of proved reserves using average prices for 2013, 2012 and 2011 along with
estimates of the operating costs, production taxes and future development and abandonment costs (less salvage value) necessary
to produce such reserves. No deduction has been made for depreciation, depletion or any indirect costs such as general corporate
overhead or interest expense.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Operating costs and production taxes are estimated
based on current costs with respect to producing oil and natural gas properties. Future development costs including abandonment
costs are based on the best estimate of such costs assuming current economic and operating conditions. The future cash flows estimated
to be spent to develop our share of proved undeveloped properties through March 31, 2018 are $4,541,517.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Income tax expense is computed based on applying
the appropriate statutory tax rate to the excess of future cash inflows less future production and development costs over the current
tax basis of the properties involved, less applicable carryforwards.</p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The future net revenue information assumes
no escalation of costs or prices, except for oil and natural gas sales made under terms of contracts which include fixed and determinable
escalation. Future costs and prices could significantly vary from current amounts and, accordingly, revisions in the future could
be significant.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The current reporting rules require that year
end reserve calculations and future cash inflows be based on the 12-month average market prices for sales of oil and gas on the
first calendar day of each month during the fiscal year discounted at 10% per year and assuming continuation of existing economic
conditions. The average prices used for fiscal 2013 were $85.53 per bbl of oil and $2.76 per mcf of natural gas. The average prices
used for fiscal 2012 were $93.75 per bbl of oil and $3.83 per mcf of natural gas. The average prices used for fiscal 2011 were
$77.27 per bbl of oil and $3.88 per mcf of natural gas.<font style="color: red"> </font></p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The standardized measure of discounted future
net cash flows were computed by applying 12-month average prices for oil and gas (with consideration of price changes only to the
extent provided by contractual arrangements in existence at year end) to the estimated future production of proved oil and gas
reserves, less estimated future expenditures (based on year end costs) to be incurred in developing and producing the proved reserves,
less estimated future income tax expenses (based on the year end statutory tax rates with consideration of future tax rates already
legislated) to be incurred on pretax net cash flows less tax basis of the properties and available credits and assuming continuation
of existing economic conditions. The estimated future net cash flows are then discounted using a rate of 10%.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The basis for this table is the reserve studies
prepared by an independent petroleum engineering consultant, which contain imprecise estimates of quantities and rates of production
of reserves. Revisions of previous year estimates can have a significant impact on these results. Also, exploration costs in one
year may lead to significant discoveries in later years and may significantly change previous estimates of proved reserves and
their valuation. Therefore, the standardized measure of discounted future net cash flow is not necessarily indicative of the fair
value of our proved oil and gas properties.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The standardized measure of discounted future
cash flows at March 31, 2013, 2012 and 2011, which represents the present value of estimated future cash flows using a discount
rate of 10% a year, follows:</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Standardized Measure of Discounted Future
Net Cash Flows Relating to Proved Reserves:</b></p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 654px; margin-left: 5.4pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
    <td colspan="5" style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">March 31</font></td></tr>
<tr style="vertical-align: top">
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    <td style="width: 81pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
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    <td style="width: 13.5pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future cash inflows</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;52,900,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;64,783,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future production costs and taxes</font></td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(14,893,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(16,031,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(11,086,000)</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Future development costs</font></td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4,850,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4,530,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">(4,029,000)</font></td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
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<tr style="vertical-align: top">
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    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt">
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</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0 22.3pt 0 0.5in">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Changes in Standardized Measure of Discounted
Future Net Cash Flows Relating to Proved Oil and Gas Reserves:</b></p>

<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>&#160;</b></p>

<table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; width: 666px; margin-left: 5.4pt; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
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<tr style="vertical-align: top">
    <td style="width: 243pt; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify">&#160;</td>
    <td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; border-top: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
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    <td style="width: 76.5pt; border-top: windowtext 1pt solid; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
<tr style="vertical-align: top">
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        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">$ (1,982,000)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Changes in previously estimated development costs</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Revisions of quantity estimates</font></td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(811,000)</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: -0.9pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;1,088,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">1,471,000</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">390,000</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">1,976,000</p></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Extensions and discoveries, less related costs</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">321,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,449,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">165,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Net change in income taxes</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,178,000 </font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;(596,000) </font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;(1,076,000) </font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Accretion of discount</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,495,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">2,265,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,809,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Changes in timing of estimated cash flows</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">and other</p></td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
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        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(3,928,000)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">(1,828,000)</p></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: right">&#160;</p>
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<tr style="vertical-align: top">
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,704,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">3,492,000</font></td></tr>
<tr style="vertical-align: top">
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;19,356,000</font></td>
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">&#160;&#160;&#160;14,160,000</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Standardized measure, end of year</font></td>
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;17,652,000</font></td></tr>
</table>
<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>&#160;</i></p><span></span></td>
      </tr>
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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0ELE">
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          <div style="width: 200px;"><strong>Oil and Gas Costs<br></strong></div>
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        <th class="th" colspan="1">12 Months Ended</th>
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          <div>Mar. 31, 2013</div>
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<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">9. Oil and Gas Costs</p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The costs related to our oil and gas activities
were incurred as follows for the year ended March 31:</p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="width: 74.15pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.15pt; padding-right: 5.4pt; text-align: center">&#160;</td>
    <td style="width: 74.75pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td></tr>
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    <td style="padding-right: 5.4pt; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Proved</font></td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;&#160;20,542</font></td>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;&#160;&#160;368,444</font></td>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;&#160;&#160;2,147,892</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">15,715</font></td>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">9,910</font></td>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">29,292</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,265,126</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">1,455,993</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">394,381</font></td></tr>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">114,003</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">53,468</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">25,043</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Total costs incurred for oil and gas properties</font></td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;1,415,386</font></td>
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    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;1,887,815</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$&#160;&#160;2,596,608</font></td></tr>
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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We had the following aggregate capitalized
costs relating to our oil and gas property activities at March 31:</p>

<p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

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    <td style="width: 241.1pt; padding-right: 5.4pt; text-align: justify">&#160;</td>
    <td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2013</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; text-align: center">&#160;</td>
    <td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2012</font></td>
    <td style="width: 13.5pt; padding-right: 5.4pt; text-align: center">&#160;</td>
    <td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"><font style="font: 11pt Times New Roman, Times, Serif">2011</font></td></tr>
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    <td colspan="2" style="padding-right: 5.4pt; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">Proved oil and gas properties&#160;&#160;&#160;</font></td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$34,138,841</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$31,669,572</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">$30,256,330</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td></tr>
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    <td style="padding-right: 5.4pt; text-align: justify"><font style="font: 11pt Times New Roman, Times, Serif">subject to amortization&#160;&#160;&#160;</font></td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">170,487</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">170,487</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">170,487</font></td></tr>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">-</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">31,840,059</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">30,426,817</font></td></tr>
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    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">17,249,803</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">16,154,203</font></td>
    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
    <td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"><font style="font: 11pt Times New Roman, Times, Serif">15,161,524</font></td></tr>
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    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
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    <td style="padding-right: 5.4pt; text-align: right">&#160;</td>
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<p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">DD&#38;A amounted to $2.03, $1.94 and $1.87
per mcfe of production for the years ended March 31, 2013, 2012 and 2011, respectively.</p>

<p style="font: 11pt Courier; margin: 0">&#160;</p><span></span></td>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Tabular disclosure of the aggregate of costs (whether the costs are capitalized or charged to expense at the time they are incurred ) incurred for the year in oil and gas property acquisition, exploration and development activities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;9. Oil and Gas Costs&lt;/p&gt;

&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

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&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

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&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Exploration&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,715&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;9,910&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;29,292&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Development&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,265,126&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;1,455,993&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;394,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Capitalized asset retirement obligations&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;114,003&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;53,468&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;25,043&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Total costs incurred for oil and gas properties&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,415,386&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;1,887,815&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$&amp;#160;&amp;#160;2,596,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;/table&gt;
&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;We had the following aggregate capitalized
costs relating to our oil and gas property activities at March 31:&lt;/p&gt;

&lt;p style="font: bold 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;table cellspacing="0" cellpadding="0" style="font: 11pt Times New Roman, Times, Serif; border-collapse: collapse"&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="width: 11.8pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 241.1pt; padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 1in; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2013&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 76.5pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2012&lt;/font&gt;&lt;/td&gt;
    &lt;td style="width: 13.5pt; padding-right: 5.4pt; text-align: center"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="width: 72.7pt; border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: center"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;2011&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Proved oil and gas properties&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$34,138,841&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$31,669,572&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$30,256,330&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Unproved oil and gas properties:&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;170,487&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;not subject to amortization&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;34,309,328&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;31,840,059&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;30,426,817&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td colspan="2" style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;Less accumulated DD&amp;#38;A&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;17,249,803&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;16,154,203&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1pt solid; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;15,161,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
&lt;tr style="vertical-align: top"&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: justify"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif; color: red"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$17,059,525&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,685,856&lt;/font&gt;&lt;/td&gt;
    &lt;td style="padding-right: 5.4pt; text-align: right"&gt;&amp;#160;&lt;/td&gt;
    &lt;td style="border-bottom: windowtext 1.5pt double; padding-right: 5.4pt; text-align: right"&gt;&lt;font style="font: 11pt Times New Roman, Times, Serif"&gt;$15,265,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;
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&lt;p style="color: red; font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;

&lt;p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"&gt;DD&amp;#38;A amounted to $2.03, $1.94 and $1.87
per mcfe of production for the years ended March 31, 2013, 2012 and 2011, respectively.&lt;/p&gt;

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          <div style="width: 200px;"><strong>Selected Quarterly Financial Data (Unaudited)<br></strong></div>
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                <p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p>
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                <p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
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                <p>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p>
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                <p>No definition available.</p>
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                <p>No definition available.</p>
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                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation 12B<br><br> -Number 240<br><br> -Section 12b<br><br> -Subsection 1<br><br><br><br></p>
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                <p>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p>
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 -Publisher FASB

 -Name Accounting Standards Codification

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 -Paragraph 18

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Reference 2: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 19

 -Paragraph 59P

 -Subparagraph a

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Statement of Financial Accounting Standard (FAS)

 -Number 19

 -Paragraph 15

 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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  <body><span style="display: none;">v2.4.0.8</span><table class="report" border="0" cellspacing="2" id="ID0EPDAE">
      <tr>
        <th class="tl" colspan="1" rowspan="2">
          <div style="width: 200px;"><strong>Summary of Significant Accounting Policies (Policies)<br></strong></div>
        </th>
        <th class="th" colspan="1">12 Months Ended</th>
      </tr>
      <tr>
        <th class="th">
          <div>Mar. 31, 2013</div>
        </th>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AccountingPoliciesAbstract', window );"><strong>Accounting Policies [Abstract]</strong></a></td>
        <td class="text">&#xA0;<span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ConsolidationPolicyTextBlock', window );">Principles of Consolidation</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Principles of Consolidation</b>. The consolidated
financial statements include the accounts of Mexco Energy Corporation and its wholly owned subsidiaries. All significant intercompany
balances and transactions associated with the consolidated operations have been eliminated.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_UseOfEstimates', window );">Estimates and Assumptions</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Estimates and Assumptions</b>. In preparing
financial statements in conformity with accounting principles generally accepted in the United States of America, management is
required to make informed judgments, estimates and assumptions that affect the reported amounts of assets and liabilities as of
the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. In addition,
significant estimates are used in determining year end proved oil and gas reserves. Although management believes its estimates
and assumptions are reasonable, actual results may differ materially from those estimates. The estimate of our oil and natural
gas reserves, which is used to compute depreciation, depletion, amortization and impairment of oil and gas properties, is the most
significant of the estimates and assumptions that affect these reported results.</p><span></span></td>
      </tr>
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        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_CashAndCashEquivalentsPolicyTextBlock', window );">Cash and Cash Equivalents</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Cash and Cash Equivalents</b>. We consider
all highly liquid debt instruments purchased with maturities of three months or less and money market funds to be cash equivalents.
We maintain our cash in bank deposit accounts that may, at times, exceed federally insured limits. At March 31, 2013, we had the majority of our cash and cash
equivalents with one financial institution. We have not experienced any losses in such accounts and believe we are not exposed
to any significant credit risk.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ReceivablesPolicyTextBlock', window );">Accounts Receivable</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Accounts Receivable.</b> Our accounts receivable
include trade receivables from joint interest owners and oil and gas purchasers. Credit is extended based on an evaluation of a
customer's financial condition and, generally, is uncollateralized. Accounts receivable under joint operating agreements have a
right of offset against future oil and gas revenues if a producing well is completed. The collectability of receivables is assessed
and an allowance is made for any doubtful accounts. The allowance for doubtful accounts is determined based on our previous loss
history. We have not experienced any significant credit losses. For the years ending March 31, 2013, 2012 and 2011, no allowance
has been made for doubtful accounts.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IndustrySpecificPoliciesOilAndGasTextBlock', window );">Oil and Gas Properties</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Oil and Gas Properties</b>. Oil and gas
properties are accounted for using the full cost method of accounting. Under this method of accounting, the costs of unsuccessful,
as well as successful, acquisition, exploration and development activities are capitalized as property and equipment. This includes
any internal costs that are directly related to exploration and development activities but does not include any costs related to
production, general corporate overhead or similar activities. The carrying amount of oil and gas properties also includes estimated
asset retirement costs recorded based on the fair value of the asset retirement obligation (&#147;ARO&#148;) when incurred. Generally,
no gains or losses are recognized on the sale or disposition of oil and gas properties.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock', window );">Accounting for Long-Lived Assets</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0"><b>Accounting for Long-Lived Assets. </b>The Company reviews property
and equipment for impairment whenever indicators of impairment are present to determine if the carrying amounts exceed the estimated
future net cash flows to be realized. Impairment losses are recognized based on the estimated fair value of the asset.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_OilAndGasPropertiesPolicyPolicyTextBlock', window );">Excluded Costs</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Excluded Costs</b>. Oil and gas properties
include costs that are excluded from capitalized costs being amortized. These amounts represent investments in unproved properties
and major development projects. These costs are excluded until proved reserves are found or until it is determined that the costs
are impaired. All costs excluded are reviewed at least quarterly to determine if impairment has occurred. The amount of any impairment
is transferred to the capitalized costs being amortized (the depreciation, depletion and amortization (&#147;DD&#38;A&#148;)
pool). Impairments transferred to the DD&#38;A pool increase the DD&#38;A rate.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_MXC_CeilingTestPolicyPolicyTextBlock', window );">Ceiling Test</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Ceiling Test</b>. Under the full cost method
of accounting, a ceiling test is performed each quarter. The full cost ceiling test is an impairment test to determine a limit,
or ceiling, on the book value of oil and gas properties. That limit is basically the after tax present value of the future net
cash flows from proved crude oil and natural gas reserves, excluding future cash outflows associated with settling asset retirement
obligations that have been accrued on the balance sheet; and, using an average price over the prior 12-month period held flat for
the life of production plus the lower of cost or fair market value of unproved properties. If net capitalized costs of crude oil
and natural gas properties exceed the ceiling limit, we must charge the amount of the excess to earnings as an expense reflected
in additional accumulated DD&#38;A. This is called a &#34;ceiling limitation write-down.&#34; This charge does not impact cash
flow from operating activities, but does reduce our stockholders' equity and reported earnings.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_DepreciationDepletionAndAmortizationPolicyTextBlock', window );">Depreciation, Depletion and Amortization</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Depreciation, Depletion and Amortization</b>.
The depreciable base for oil and gas properties includes the sum of capitalized costs, net of accumulated DD&#38;A, estimated future
development costs and asset retirement costs not accrued in oil and gas properties, less costs excluded from amortization and salvage.
The depreciable base of oil and gas properties is amortized using the unit-of-production method.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_AssetRetirementObligationsPolicy', window );">Asset Retirement Obligations</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Asset Retirement Obligations</b>. We have
significant obligations to plug and abandon natural gas and crude oil wells and related equipment at the end of oil and gas production
operations. We record the fair value of a liability for an ARO in the period in which it is incurred and a corresponding increase
in the carrying amount of the related asset. Subsequently, the asset retirement costs included in the carrying amount of the related
asset are allocated to expense using the units of production method. In addition, increases in the discounted ARO liability resulting
from the passage of time are reflected as accretion expense in the Consolidated Statement of Operations.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Estimating the future ARO requires management
to make estimates and judgments regarding timing and existence of a liability, as well as what constitutes adequate restoration.
We use the present value of estimated cash flows related to the ARO to determine the fair value. Inherent in the present value
calculation are numerous assumptions and judgments including the ultimate costs, inflation factors, credit adjusted discount rates,
timing of settlement, and changes in the legal, regulatory, environmental and political environments. To the extent future revisions
to these assumptions impact the present value of the existing ARO liability, a corresponding adjustment is made to the related
asset.</p><span></span></td>
      </tr>
      <tr class="ro">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_IncomeTaxPolicyTextBlock', window );">Income Taxes</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Income Taxes</b>. The Company recognizes
deferred tax assets and liabilities for future tax consequences of temporary differences between the carrying amounts of assets
and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates applicable
to the years in which those differences are expected to be settled. The effect on deferred tax assets and liabilities of a change
in tax rates is recognized in net income in the period that includes the enactment date. Any interest and penalties are recorded
as interest expense and general and administrative expense, respectively.</p><span></span></td>
      </tr>
      <tr class="re">
        <td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock', window );">Other Property and Equipment</a></td>
        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Other Property and Equipment</b>. Provisions
for depreciation of office furniture and equipment are computed on the straight-line method based on estimated useful lives of
three to ten years.</p><span></span></td>
      </tr>
      <tr class="ro">
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        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Income (Loss) Per Common Share</b>.
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares
outstanding during the period. Diluted net income (loss) per share assumes the exercise of all stock options having exercise
prices less than the average market price of the common stock during the period using the treasury stock method and is
computed by dividing net income (loss) by the weighted average number of common shares and dilutive potential common shares
(stock options) outstanding during the period. In periods where losses are reported, the weighted-average number of common
shares outstanding excludes potential common shares, because their inclusion would be anti-dilutive.</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&#160;</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Due to a net loss for the year ended March
31, 2013, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would
be anti-dilutive. For the year ended March 31, 2012, 40,000 options were excluded from the diluted net income per share calculations
because the options are anti-dilutive. Anti-dilutive stock options have a weighted average exercise price of $6.80 at March 31,
2012.<font style="color: red"> </font>For the year ended March 31, 2011, no potential common shares relating to stock options were
excluded in the computation of diluted net income per share.</p>

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<p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The following is a reconciliation of the number
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    <td style="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace; text-align: center">&#160;</td>
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        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Revenue Recognition. </b>Oil and gas sales
and resulting receivables are recognized when the product is delivered to the purchaser and title has transferred. Sales are to
credit-worthy energy purchasers with payments generally received within 60 days of transportation from the well site. We have historically
had little, if any, uncollectible oil and gas receivables.</p><span></span></td>
      </tr>
      <tr class="ro">
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        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Gas Balancing</b>. Gas imbalances are accounted
for under the sales method whereby revenues are recognized based on production sold. A liability is recorded when our excess takes
of natural gas volumes exceeds our estimated remaining recoverable reserves (over produced). No receivables are recorded for those
wells where Mexco has taken less than its ownership share of gas production (under produced). We do not have any significant gas
imbalances.</p><span></span></td>
      </tr>
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        <td class="text"><p style="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b>Stock-based Compensation</b>. We use the
Binomial option pricing model to estimate the fair value of stock based compensation expenses at grant date. This expense is recognized
as compensation expense in our financial statements over the vesting period. We recognize the fair value of stock based compensation
awards as wages in the Consolidated Statements of Operations based on a graded-vesting schedule over the vesting period.</p><span></span></td>
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May 2011, the Financial Accounting Standards Board (&#147;FASB&#148;) issued Accounting Standards Update (&#147;ASU&#148;)
No. 2011-04, Topic 820: Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs.
ASU No. 2011-04 clarifies application of fair value measurements and disclosure requirements and is effective for Mexco as of April
1, 2012. The adoption of ASU 2011-04 did not have a material effect on our consolidated financial statements.</font></p>

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by management to have a material impact on the Company&#146;s financial position, operations or cash flows.</p><span></span></td>
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                <p>No authoritative reference available.</p>
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                <p>No definition available.</p>
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for determining amounts to accrue and charge against earnings so as to satisfy legal obligations associated with the retirement (through sale, abandonment, recycling, or disposal in some other manner) of a tangible long-lived asset that result from the acquisition, construction, or development and (or) the normal operation of a long-lived asset. This accounting policy disclosure excludes obligations arising 1) in connection with leased property, whether imposed by a lease agreement or by a party other than the lessor, that meet the definition of either minimum lease payments or contingent rentals; 2) solely from a plan to sell or otherwise dispose of a long-lived asset and 3) from certain environmental remediation liabilities.</p>
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                <p>Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.</p>
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                <p>Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting.  The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
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This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 16: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 860<br><br> -SubTopic 40<br><br> -Section 45<br><br> -URI http://asc.fasb.org/section&amp;trid=2197723<br><br><br><br>Reference 17: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2196966<br><br><br><br>Reference 18: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 325<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2197087<br><br><br><br>Reference 19: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 323<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=16385135&amp;loc=d3e33801-111570<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for depreciation, depletion, and amortization of property and equipment costs, including methods used and estimated useful lives and how impairment of such assets is assessed and recognized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -Subparagraph (c)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3550-109257<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144384<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 40<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 260<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6371337&amp;loc=d3e3630-109257<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 128<br><br> -Paragraph 6, 8-16, 60<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for gas-balancing arrangements using either the entitlements method or the sales method consistently for all significant gas imbalances.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 5<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21918352&amp;loc=d3e512571-122862<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 5<br><br> -Section CC<br><br> -Subsection 3<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2155824<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7-15, 26, 30-37<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
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            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 4<br><br> -Paragraph 11<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name FASB Interpretation (FIN)<br><br> -Number 48<br><br> -Paragraph 20<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 25<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32247-109318<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 19<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32840-109319<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 30<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144749<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 954<br><br> -SubTopic 740<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6491622&amp;loc=d3e9504-115650<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2144681<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 17<br><br> -Subparagraph (b)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6907707&amp;loc=d3e32809-109319<br><br><br><br>Reference 10: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 740<br><br> -SubTopic 10<br><br> -Section 45<br><br> -Paragraph 28<br><br> -URI http://asc.fasb.org/extlink&amp;oid=21917399&amp;loc=d3e32280-109318<br><br><br><br>Reference 11: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 109<br><br> -Paragraph 6-34, 43, 47, 49<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
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                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_IndustrySpecificPoliciesOilAndGasTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for oil and gas entities.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 932<br><br> -URI http://asc.fasb.org/topic&amp;trid=2145477<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_IndustrySpecificPoliciesOilAndGasTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
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                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>No definition available.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
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                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_OilAndGasPropertiesPolicyPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for oil and gas property which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6391035&amp;loc=d3e2868-110229<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_OilAndGasPropertiesPolicyPolicyTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for property, plant and equipment which may include the basis of such assets, depreciation methods used and estimated useful lives, the entity's capitalization policy, including its accounting treatment for costs incurred for repairs and maintenance activities, whether such asset balances include capitalized interest and the method by which such is calculated, how disposals of such assets are accounted for and how impairment of such assets is assessed and recognized.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 360<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2155824<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 22<br><br> -Paragraph 12, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Research Bulletin (ARB)<br><br> -Number 43<br><br> -Section C<br><br> -Paragraph 5<br><br> -Chapter 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 12<br><br> -Paragraph 5<br><br> -Subparagraph d<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 144<br><br> -Paragraph 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 210<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SX 210.5-02.13(a))<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6877327&amp;loc=d3e13212-122682<br><br><br><br>Reference 8: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 13<br><br> -Subparagraph a<br><br> -Article 5<br><br><br><br>Reference 9: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 34<br><br> -Paragraph 8, 9<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_PropertyPlantAndEquipmentPolicyTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ReceivablesPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for trade and other accounts receivable, and finance, loan and lease receivables, including those classified as held for investment and held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 114<br><br> -Paragraph 20<br><br> -Subparagraph b<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 92-5<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2196772<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 01-6<br><br> -Paragraph 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Regulation S-X (SX)<br><br> -Number 210<br><br> -Section 02<br><br> -Paragraph 3-5<br><br> -Article 5<br><br><br><br>Reference 7: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 310<br><br> -SubTopic 20<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2196816<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ReceivablesPolicyTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_RevenueRecognitionPolicyTextBlock">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 1<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18726-107790<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher SEC<br><br> -Name Staff Accounting Bulletin (SAB)<br><br> -Number Topic 13<br><br> -Section B<br><br> -Paragraph Question 1<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 605<br><br> -SubTopic 10<br><br> -Section S99<br><br> -Paragraph 1<br><br> -Subparagraph (SAB TOPIC 13.B.Q1)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6600647&amp;loc=d3e214044-122780<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Accounting Principles Board Opinion (APB)<br><br> -Number 22<br><br> -Paragraph 8, 12, 13<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 6: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18823-107790<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_RevenueRecognitionPolicyTextBlock</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for stock option and stock incentive plans. This disclosure may include (1) the types of stock option or incentive plans sponsored by the entity (2) the groups that participate in (or are covered by) each plan (3) significant plan provisions and (4) how stock compensation is measured, and the methodologies and significant assumptions used to determine that measurement.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 235<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 3<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6367646&amp;loc=d3e18780-107790<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Statement of Financial Accounting Standard (FAS)<br><br> -Number 123R<br><br> -Paragraph A240<br><br> -Subparagraph a<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 2<br><br> -Subparagraph (b),(f)<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6415400&amp;loc=d3e5070-113901<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 718<br><br> -SubTopic 10<br><br> -URI http://asc.fasb.org/subtopic&amp;trid=2228939<br><br><br><br>Reference 5: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Emerging Issues Task Force (EITF)<br><br> -Number 06-11<br><br> -Paragraph 7<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
                  </tr>
                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
      <table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_UseOfEstimates">
        <tr>
          <td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td>
        </tr>
        <tr>
          <td>
            <div class="body" style="padding: 2px;"><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div>
                <p>Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.</p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;">
                <p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 9<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6143-108592<br><br><br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 8<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6132-108592<br><br><br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher FASB<br><br> -Name Accounting Standards Codification<br><br> -Topic 275<br><br> -SubTopic 10<br><br> -Section 50<br><br> -Paragraph 4<br><br> -URI http://asc.fasb.org/extlink&amp;oid=6927468&amp;loc=d3e6061-108592<br><br><br><br>Reference 4: http://www.xbrl.org/2003/role/presentationRef<br><br> -Publisher AICPA<br><br> -Name Statement of Position (SOP)<br><br> -Number 94-6<br><br> -Paragraph 11, 14<br><br> -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009.  This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.<br><br><br><br></p>
              </div><a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;">
                <table border="0" cellpadding="0" cellspacing="0">
                  <tr>
                    <td><strong> Name:</strong></td>
                    <td><nobr>us-gaap_UseOfEstimates</nobr></td>
                  </tr>
                  <tr>
                    <td style="padding-right: 4px;"><nobr><strong> Namespace Prefix:</strong></nobr></td>
                    <td>us-gaap_</td>
                  </tr>
                  <tr>
                    <td><strong> Data Type:</strong></td>
                    <td>nonnum:textBlockItemType</td>
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                  <tr>
                    <td><strong> Balance Type:</strong></td>
                    <td>na</td>
                  </tr>
                  <tr>
                    <td><strong> Period Type:</strong></td>
                    <td>duration</td>
                  </tr>
                </table>
              </div>
            </div>
          </td>
        </tr>
      </table>
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</LabelSeparator><Level>2</Level><ElementName>dei_EntityVoluntaryFilers</ElementName><ElementPrefix>dei_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>No</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell><Cell FlagID="0" ContextID="" UnitID=""><Id>2</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell><Cell FlagID="0" ContextID="" UnitID=""><Id>3</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>dei:yesNoItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Is Entity a Voluntary Filer?</Label></Row><Row FlagID="0"><Id>10</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>2</Level><ElementName>dei_EntityCurrentReportingStatus</ElementName><ElementPrefix>dei_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="From2012-04-01to2013-03-31" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>Yes</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell><Cell FlagID="0" ContextID="" UnitID=""><Id>2</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell><Cell FlagID="0" ContextID="" UnitID=""><Id>3</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>dei:yesNoItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</ElementDefenition><ElementReferences>No definition available.</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Is Entity's Reporting Status Current?</Label></Row><Row FlagID="0"><Id>11</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

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