CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
Operating revenues:
Oil and gas	$ 753,789	$ 752,778	$ 2,469,784	$ 2,368,778
Other	3,771	3,798	12,631	12,830
Total operating revenues	757,560	756,576	2,482,415	2,381,608
Operating expenses:
Production	233,317	200,785	697,548	822,150
Accretion of asset retirement obligation	9,297	8,489	27,033	25,463
Depreciation, depletion, and amortization	223,181	244,065	702,362	763,251
General and administrative	227,928	235,137	723,489	682,820
Total operating expenses	693,723	688,476	2,150,432	2,293,684
Operating profit	63,837	68,100	331,983	87,924
Other income (expenses):
Interest income	47	10	141	36
Interest expense	(5,854)	(15,151)	(22,735)	(25,347)
Net other expense	(5,807)	(15,141)	(22,594)	(25,311)
Earnings before provision for income taxes	50,961	52,959	309,389	62,613
Income tax expense (benefit):
Current	(4,858)	(59,500)	124,880	(25,502)
Deferred	11,927	85,561	(50,109)	(14,599)
TOTAL	7,069	26,061	74,771	(40,101)
Net income	$ 50,961	$ 26,898	$ 234,618	$ 102,714
Earnings per common share:
Basic	$ 0.03	$ 0.01	$ 0.12	$ 0.05
Diluted	$ 0.03	$ 0.01	$ 0.12	$ 0.05
Weighted average common shares outstanding:
Basic	2,026,011	1,947,370	2,028,626	1,934,953
Diluted	2,031,453	1,961,041	2,037,994	1,951,316