CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2010
Operating revenues:
Oil and gas	$ 3,223,659	$ 3,145,247	$ 3,220,763
Other	16,380	16,611	24,993
Total operating revenues	3,240,039	3,161,858	3,245,756
Operating expenses:
Production	926,215	1,025,932	1,054,224
Accretion of asset retirement obligation	36,251	34,129	31,625
Depreciation, depletion, and amortization	996,205	1,047,906	1,113,141
General and administrative	950,690	877,790	870,558
Total operating expenses	2,909,361	2,985,757	3,069,548
Operating profit	330,678	176,101	176,208
Other income (expenses):
Interest income	195	360	478
Interest expense	(28,840)	(36,361)	(33,082)
Net other expense	(28,645)	(36,001)	(32,604)
Earnings before provision for income taxes	302,033	140,100	143,604
Income tax expense (benefit):
Current		(25,502)	25,502
Deferred	(27,960)	9,906	(282,737)
TOTAL	(27,960)	(15,596)	(257,235)
Net income	$ 329,993	$ 155,696	$ 400,839
Earnings per common share:
Basic	$ 0.16	$ 0.08	$ 0.21
Diluted	$ 0.16	$ 0.08	$ 0.21
Weighted average common shares outstanding:
Basic	2,028,014	1,947,605	1,888,070
Diluted	2,036,241	1,962,656	1,929,588