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Oil and Gas Reserve Data (Unaudited) (Tables) | 12 Months Ended
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Mar. 31, 2022
Extractive Industries [Abstract] |
Schedule of Changes in Proved Reserve | The following table presents the weighted average first-day-of-the-month prices used for oil and gas reserve preparation, based upon SEC guidelines. Schedule of Changes in Proved Reserve
|  | March 31, |  |  |  |
|  | 2022 |  |  | 2021 |  |  |  | % Change |
Prices utilized in the reserve estimates before adjustments: |  |  |  |  |  |  |  |  |  |  |  |
Oil per Bbl |  | $ | 71.72 |  |  | $ | 36.49 |  |  |  | 97 | %
Natural gas per MMBtu |  | $ | 4.09 |  |  | $ | 2.16 |  |  |  | 89 | %
Schedule of Changes in Proved Reserve | Changes in Proved Reserves: Schedule of Changes in Proved Reserve
|  | Oil (Bbls) |  |  | Natural Gas (Mcf) |
Proved Developed and Undeveloped Reserves: |  |  |  |  |  |  |  |
As of April 1, 2020 |  |  | 1,008,000 |  |  |  | 4,850,000 |
Revision of previous estimates |  |  | (292,000 | ) |  |  | (200,000 | )
Purchase of minerals in place |  |  | - |  |  |  | - |
Extensions and discoveries |  |  | 92,000 |  |  |  | 283,000 |
Sales of minerals in place |  |  | (20,000 | ) |  |  | (14,000 | )
Production |  |  | (50,000 | ) |  |  | (324,000 | )
As of March 31, 2021 |  |  | 738,000 |  |  |  | 4,595,000 |
Revision of previous estimates |  |  | (70,000 | ) |  |  | (96,000 | )
Purchase of minerals in place |  |  | 13,000 |  |  |  | 50,000 |
Extensions and discoveries |  |  | 190,000 |  |  |  | 698,000 |
Sales of minerals in place |  |  | - |  |  |  | (11,000 | )
Production |  |  | (62,000 | ) |  |  | (394,000 | )
As of March 31, 2022 |  |  | 809,000 |  |  |  | 4,842,000 |
Summary of Proved Developed and Undeveloped Reserves | Summary of Proved Developed and Undeveloped Reserves as of March 31, 2022 and 2021: Summary of Proved Developed and Undeveloped Reserves
|  | Oil (Bbls) |  |  | Natural Gas (Mcf) |
Proved Developed Reserves: |  |  |  |  |  |  |  |
As of April 1, 2020 |  |  | 358,230 |  |  |  | 3,344,210 |
As of March 31, 2021 |  |  | 413,050 |  |  |  | 3,639,330 |
As of March 31, 2022 |  |  | 428,680 |  |  |  | 3,583,470 |
Proved Undeveloped Reserves: |  |  |  |  |  |  |  |
As of April 1, 2020 |  |  | 649,570 |  |  |  | 1,506,160 |
As of March 31, 2021 |  |  | 325,020 |  |  |  | 956,050 |
As of March 31, 2022 |  |  | 380,550 |  |  |  | 1,258,210 |
Schedule of Progress of Converting Proved Undeveloped Reserves | Progress of Converting Proved Undeveloped Reserves: Schedule of Progress of Converting Proved Undeveloped Reserves
|  | Oil & Natural Gas |  |  | Future |
|  | (BOE) |  |  | Development Costs |
PUDs, beginning of year |  |  | 484,362 |  |  | $ | 3,015,174 |
Revision of previous estimates |  |  | (73,798 | ) |  |  | (225,915 | )
Sales of reserves |  |  | - |  |  |  | - |
Conversions to PD reserves |  |  | (87,915 | ) |  |  | (771,288 | )
Additional PUDs added |  |  | 267,610 |  |  |  | 4,494,985 |
PUDs, end of year |  |  | 590,259 |  |  | $ | 6,512,956 |
Schedule of Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves | Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves: Schedule of Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves
Future cash inflows |  | $ | 82,596,000 |  |  | $ | 38,144,000 |
|  | March 31 |
|  | 2022 |  |  | 2021 |
Future cash inflows |  | $ | 82,596,000 |  |  | $ | 38,144,000 |
Future production costs and taxes |  |  | (21,351,000 | ) |  |  | (11,248,000 | )
Future development costs |  |  | (6,839,000 | ) |  |  | (3,213,000 | )
Future income taxes |  |  | (8,586,000 | ) |  |  | (1,714,000 | )
Future net cash flows |  |  | 45,820,000 |  |  |  | 21,969,000 |
Annual 10% discount for estimated timing of cash flows |  |  | (19,900,000 | ) |  |  | (9,206,000 | )
Standardized measure of discounted future net cash flows |  | $ | 25,920,000 |  |  | $ | 12,763,000 |
Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows to Proved Oil and Gas Reserves | Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil and Gas Reserves: Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows to Proved Oil and Gas Reserves
Sales of oil and gas produced, net of production costs |  | $ | (5,244,000 | ) |  | $ | (1,902,000 | )
|  | March 31 |
|  | 2022 |  |  | 2021 |
Sales of oil and gas produced, net of production costs |  | $ | (5,244,000 | ) |  | $ | (1,902,000 | )
Net changes in price and production costs |  |  | 16,829,000 |  |  |  | (6,680,000 | )
Changes in previously estimated development costs |  |  | (159,000 | ) |  |  | 2,623,000 |
Revisions of quantity estimates |  |  | (2,594,000 | ) |  |  | (5,954,000 | )
Net change due to purchases and sales of minerals in place |  |  | 568,000 |  |  |  | (54,000 | )
Extensions and discoveries, less related costs |  |  | 5,105,000 |  |  |  | 1,150,000 |
Net change in income taxes |  |  | (3,861,000 | ) |  |  | 2,070,000 |
Accretion of discount |  |  | 3,078,000 |  |  |  | 1,376,000 |
Changes in timing of estimated cash flows and other |  |  | (565,000 | ) |  |  | 158,000 |
Changes in standardized measure |  |  | 13,157,000 |  |  |  | (6,213,000 | )
Standardized measure, beginning of year |  |  | 12,763,000 |  |  |  | 18,976,000 |
Standardized measure, end of year |  | $ | 25,920,000 |  |  | $ | 12,763,000 |

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- Definition Tabular disclosure of the net quantities of an enterprise's interests in proved developed and undeveloped reserves of (a) crude oil (including condensate and natural gas liquids), (b) natural gas (including coal bed methane), (c) synthetic oil, (d) synthetic gas, and (e) other nonrenewable natural resources that are intended to be upgraded during the period as of the beginning of the period, changes in quantities during the period, and as of the end of the period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Form 20-F -Section Item 18 -Subsection Instruction 2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61884-109447 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61858-109447 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61872-109447 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61831-109447 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61797-109447 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 932 -SubTopic 235 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126939881&loc=d3e61869-109447 + Details
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