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Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating revenues:    
Total operating revenues $ 1,748,419 $ 2,449,973
Operating expenses:    
Production 349,407 435,028
Accretion of asset retirement obligations 7,356 7,519
Depreciation, depletion and amortization 486,186 387,128
General and administrative 340,969 290,243
Total operating expenses 1,183,918 1,119,918
Operating income 564,501 1,330,055
Other income (expense):    
Interest income 23,695 35
Interest expense (1,081) (3,131)
Net other income (expense) 22,614 (3,096)
Income before provision for income taxes 587,115 1,326,959
Income tax expense:    
Current 32,818 28,287
Deferred 88,683
Total income tax expense 121,501 28,287
Net income $ 465,614 $ 1,298,672
Income per common share:    
Basic: $ 0.22 $ 0.60
Diluted: $ 0.21 $ 0.59
Weighted average common shares outstanding:    
Basic: 2,136,165 2,149,416
Diluted: 2,182,800 2,216,742
Oil Sales [Member]    
Operating revenues:    
Total operating revenues $ 1,429,678 $ 1,559,321
Natural Gas Sales [Member]    
Operating revenues:    
Total operating revenues 285,412 856,792
Other [Member]    
Operating revenues:    
Total operating revenues $ 33,329 $ 33,860