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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Operating revenue:        
Total operating revenues $ 1,383,887 $ 1,891,265 $ 4,932,806 $ 5,368,327
Operating expenses:        
Production 302,572 460,241 1,076,435 1,311,066
Accretion of asset retirement obligation 8,053 7,705 24,069 23,229
Depreciation, depletion, and amortization 664,265 636,424 2,002,182 1,760,409
General and administrative 317,524 340,514 1,044,225 1,042,084
Total operating expenses 1,292,414 1,444,884 4,146,911 4,136,788
Operating income 91,473 446,381 785,895 1,231,539
Other income (expenses):        
Interest income 23,953 7,315 58,610 50,891
Interest expense (1,075) (2,868) (3,231) (5,026)
Net other income 22,878 4,447 55,379 45,865
Income before provision for income taxes 114,351 450,828 841,274 1,277,404
Provision for (benefit from) for income taxes 64,106 (18,305) 225,572 200,034
Net income $ 50,245 $ 469,133 $ 615,702 $ 1,077,370
Income per common share:        
Basic: $ 0.02 $ 0.23 $ 0.30 $ 0.52
Diluted: $ 0.02 $ 0.22 $ 0.30 $ 0.51
Weighted average common shares outstanding:        
Basic: 2,046,000 2,046,000 2,046,000 2,070,086
Diluted: 2,081,932 2,091,808 2,077,222 2,114,936
Dividends declared per share $ 0.10 $ 0.10
Oil Sales [Member]        
Operating revenue:        
Total operating revenues $ 1,098,779 $ 1,563,663 $ 3,796,821 $ 4,595,585
Natural Gas Sales [Member]        
Operating revenue:        
Total operating revenues 203,015 264,741 884,273 616,728
Other [Member]        
Operating revenue:        
Total operating revenues $ 82,093 $ 62,861 $ 251,712 $ 156,014