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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2013
Operating revenues:      
Oil and gas $ 3,336,826 $ 3,994,295 $ 3,063,707
Other 53,179 47,646 32,708
Total operating revenues 3,390,005 4,041,941 3,096,415
Operating expenses:      
Production 1,300,820 1,231,814 1,082,043
Accretion of asset retirement obligations 27,932 44,366 39,376
Depreciation, depletion, and amortization 1,362,862 1,151,482 1,100,425
General and administrative 1,239,750 1,136,939 1,028,846
Total operating expenses 3,931,364 3,564,601 3,250,690
Operating (loss) income (541,359) 477,340 (154,275)
Other income (expenses):      
Interest income 45 172 229
Interest expense (99,240) (65,387) (53,832)
Gain (loss) on derivative instruments 102,069 (99,262)  
Net other income (expense) 2,874 (164,477) (53,603)
(Loss) earnings before provision for income taxes $ (538,485) 312,863 $ (207,878)
Income tax (benefit) expense:      
Current   6,500  
Deferred $ (197,499) 5,250 $ (31,504)
TOTAL (197,499) 11,750 (31,504)
Net (loss) income $ (340,986) $ 301,113 $ (176,374)
(Loss) income per common share:      
Basic $ (0.17) $ 0.15 $ (0.09)
Diluted $ (0.17) $ 0.15 $ (0.09)
Weighted average common shares outstanding:      
Basic 2,038,250 2,036,950 2,036,950
Diluted 2,038,250 2,042,184 2,036,959