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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net loss $ (261,143) $ (101,777)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation 41,813 24,375
Depreciation, depletion and amortization 697,698 648,729
Accretion of asset retirement obligations 21,540 20,298
PPP loan forgiveness (68,574)
Amortization of debt issuance costs 9,394 10,781
Changes in operating assets and liabilities:    
Increase in accounts receivable (94,769) (59,627)
Decrease in right-of-use asset 39,143 48,941
Decrease in prepaid expenses 41,433 36,340
Decrease in other assets 30,421
Decrease in accounts payable and accrued expenses (8,009) (54,375)
Settlement of asset retirement obligations (7,398) (12,054)
Decrease in operating lease liability (38,265) (48,468)
Net cash provided by operating activities 372,863 543,584
Cash flows from investing activities:    
Additions to oil and gas properties (1,024,104) (1,100,437)
Additions to other property and equipment (3,215) (2,237)
Drilling refund 121,970
Investment - cost basis (25,000) (100,000)
Proceeds from sale of oil and gas properties and equipment 111,752 79,133
Net cash used in investing activities (818,597) (1,123,541)
Cash flows from financing activities:    
Proceeds from exercise of stock options 78,795
Proceeds from long-term debt 680,000 705,000
Proceeds from PPP loan 68,574
Debt issuance costs
Reduction of long-term debt (375,000) (190,000)
Net cash provided by financing activities 452,369 515,000
Net increase (decrease) in cash and cash equivalents 6,635 (64,957)
Cash and cash equivalents at beginning of period 34,381 128,252
Cash and cash equivalents at end of period 41,016 63,295
Supplemental disclosure of cash flow information:    
Cash paid for interest 28,634 14,047
Non-cash investing and financing activities:    
Asset retirement obligations 14,013 15,475
Operating lease - right of use asset and associated liabilities $ 9,360 $ 141,385