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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating revenues:        
Total operating revenues $ 1,734,743 $ 1,749,227 $ 3,548,919 $ 3,477,062
Operating expenses:        
Production 369,093 413,405 773,863 850,825
Accretion of asset retirement obligations 8,043 7,813 16,016 15,524
Depreciation, depletion, and amortization 662,647 584,288 1,337,917 1,123,985
General and administrative 332,264 334,525 726,701 701,570
Total operating expenses 1,372,047 1,340,031 2,854,497 2,691,904
Operating income 362,696 409,196 694,422 785,158
Other income (expenses):        
Interest income 20,126 20,830 34,657 43,576
Interest expense (1,081) (1,075) (2,156) (2,158)
Net other income (expense) 19,045 19,755 32,501 41,418
Income before provision for income taxes 381,741 428,951 726,923 826,576
Provision for income taxes 58,235 111,753 161,466 218,339
Net income $ 323,506 $ 317,198 $ 565,457 $ 608,237
Income per common share:        
Basic: $ 0.16 $ 0.15 $ 0.28 $ 0.29
Diluted: $ 0.16 $ 0.15 $ 0.27 $ 0.29
Weighted average common shares outstanding:        
Basic: 2,046,000 2,073,696 2,046,000 2,082,194
Diluted: 2,076,424 2,117,804 2,074,866 2,126,565
Dividends declared per share $ 0.10 $ 0.10
Oil Sales [Member]        
Operating revenues:        
Total operating revenues $ 1,302,105 $ 1,521,618 $ 2,698,042 $ 3,031,922
Natural Gas Sales [Member]        
Operating revenues:        
Total operating revenues 322,461 174,235 681,258 351,987
Other [Member]        
Operating revenues:        
Total operating revenues $ 110,177 $ 53,374 $ 169,619 $ 93,153