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Consolidated Statements of Operations - USD ($)
 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenues:    
Total operating revenues $ 9,557,289 $ 6,587,780
Operating expenses:    
Production 1,719,719 1,281,112
Accretion of asset retirement obligation 30,532 28,560
Depreciation, depletion and amortization 1,854,047 1,345,435
General and administrative 1,120,691 949,079
Total operating expenses 4,724,989 3,604,186
Operating income 4,832,300 2,983,594
Other income (expenses):    
Interest income 8,009 340
Interest expense (13,097) (26,512)
Net other expense (5,088) (26,172)
Income before provision for income taxes 4,827,212 2,957,422
State income tax expense 164,510 102,356
Net income $ 4,662,702 $ 2,855,066
Income per common share:    
Basic: $ 2.17 $ 1.36
Diluted: $ 2.11 $ 1.32
Weighted average common shares outstanding:    
Basic: 2,146,491 2,104,896
Diluted: 2,208,663 2,158,091
Oil Sales [Member]    
Operating revenues:    
Total operating revenues $ 6,522,163 $ 4,685,094
Natural Gas Sales [Member]    
Operating revenues:    
Total operating revenues 2,858,460 1,840,170
Other [Member]    
Operating revenues:    
Total operating revenues $ 176,666 $ 62,516