CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Mar. 31, 2012	Mar. 31, 2011	Mar. 31, 2010
Cash flows from operating activities:
Net income	$ 329,993	$ 155,696	$ 400,839
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income tax (benefit) expense	(27,960)	9,906	(282,737)
Excess tax benefit (expense) from share based payment arrangement		25,502	(25,502)
Stock-based compensation	120,124	51,350	26,030
Depreciation, depletion and amortization	996,205	1,047,906	1,113,141
Accretion of asset retirement obligations	36,251	34,129	31,625
Other	(2,323)	(22,526)	(8,295)
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	63,052	186,157	(84,393)
Decrease (increase) in prepaid expenses	47,697	(47,318)	19,449
(Decrease) increase in income taxes payable		(25,502)	25,502
Increase (decrease) in accounts payable and accrued expenses	10,257	(79,840)	(52,508)
Net cash provided by operating activities	1,573,296	1,335,460	1,163,151
Cash flows from investing activities:
Additions to oil and gas properties	(1,642,449)	(2,435,374)	(901,156)
Acquisition of business		(478,000)
Additions to other property and equipment		(2,359)	(14,800)
Proceeds from sale of oil and gas properties and equipment	471,543	3,107	104,787
Net cash used in investing activities	(1,170,906)	(2,912,626)	(811,169)
Cash flows from financing activities:
Acquisition of treasury stock	(22,780)	(12,325)
Proceeds from exercise of stock options	40,000	533,625	259,372
Reduction of long-term debt	(1,200,000)	(1,395,000)	(775,000)
Proceeds from long-term debt	1,100,000	2,495,000	75,000
Excess tax benefit (expense) from share based payment arrangement		(25,502)	25,502
Net cash (used in) provided by financing activities	(82,780)	1,595,798	(415,126)
Net (decrease) increase in cash and cash equivalents	319,610	18,632	(63,144)
Cash and cash equivalents at beginning of period	179,071	160,439	223,583
Cash and cash equivalents at end of period	498,681	179,071	160,439
Supplemental disclosure of cash flow information:
Cash paid for interest	27,920	35,738	34,535
Income taxes paid
Non-cash investing and financing activities:
Asset retirement obligations	53,468	25,043	20,599
Issuance of common stock in exchange for oil and gas properties		164,756
Acquisition of Southwest Texas Disposal Corporation resulting in the assumption of liabilities as follows:
Fair value of assets		487,868
Cash paid		(478,000)
Liabilities assumed		$ 9,868