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Oil and Gas Reserve Data (Unaudited) (Details Narrative) | 12 Months Ended
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Mar. 31, 2019 USD ($) Wells $ / shares MBbls | Mar. 31, 2018 USD ($) $ / shares
Barrels of oil equivalent | MBbls | 1.937 |
Percentage of estimated proved reserves of oil and natural gas liquids | 54.00% |
Percentage of estimated proved reserves of natural gas | 46.00% |
Estimated proved oil and gas reserves rate | 48.00% |
Description on PUD's oil and gas reserves | At March 31, 2019, the Company reported estimated PUDs of 923 MBOE, which accounted for 48% of its total estimated proved oil and gas reserves. This figure primarily consists of a projected 152 new wells (679 MBOE) operated by others, 13 wells are currently being drilled with plans for 79 wells to follow in 2020, 46 wells in 2021 and 14 wells in 2022. |
Future cash flows estimated to be spent to develop our share of proved undeveloped properties through March 31, 2022 | $ | $ 9,424,000 | $ 12,009,000
Estimated future cash flows discounted rate | 10.00% |
Average prices used, per bbl | $ / shares | $ 53.71 | $ 50.63
Average prices used, per mcf | $ / shares | $ 2.77 | $ 3.03
2020 [Member] |  |
Number of drilled wells | 79 |
2021 [Member] |  |
Number of drilled wells | 46 |
2022 [Member] |  |
Number of drilled wells | 14 |
Through March 31, 2024 [Member] |  |
Future cash flows estimated to be spent to develop our share of proved undeveloped properties through March 31, 2022 | $ | $ 9,137,560 |
Current Plans [Member] |  |
Number of drilled wells | 13 |
152 New Wells [Member] |  |
Number of drilled wells | 152 |

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