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Oil and Gas Costs (Tables) | 12 Months Ended
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Mar. 31, 2014
Extractive Industries [Abstract] |
Costs related to our oil and gas activities |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Property acquisition costs: |  |  |  |  |  |  |  |  |
Proved |  | $ | 785,144 |  |  | $ | 20,542 |  |  | $ | 368,444 |
Unproved |  |  | - |  |  |  | - |  |  |  | - |
Exploration |  |  | 9,641 |  |  |  | 15,715 |  |  |  | 9,910 |
Development |  |  | 1,152,986 |  |  |  | 1,265,126 |  |  |  | 1,455,993 |
Capitalized asset retirement obligations |  |  | 134,113 |  |  |  | 114,003 |  |  |  | 53,468 |
Total costs incurred for oil and gas properties |  | $ | 2,081,884 |  |  | $ | 1,415,386 |  |  | $ | 1,887,815 |
Aggregate capitalized costs relating to our oil and gas property activities |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Proved oil and gas properties |  | $ | 35,386,751 |  |  | $ | 34,138,841 |  |  | $ | 31,669,572 |
Unproved oil and gas properties: |  |  |  |  |  |  |  |  |  |  |  |
subject to amortization |  |  | 73,990 |  |  |  | 170,487 |  |  |  | 170,487 |
not subject to amortization |  |  | - |  |  |  | - |  |  |  | - |
|  |  | 35,460,741 |  |  |  | 34,309,328 |  |  |  | 31,840,059 |
Less accumulated DD&A |  |  | 18,395,619 |  |  |  | 17,249,803 |  |  |  | 16,154,203 |
|  | $ | 17,065,122 |  |  | $ | 17,059,525 |  |  | $ | 15,685,856 |

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