CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Jun. 30, 2013	Mar. 31, 2013
ASSETS
Cash and cash equivalents	$ 105,774	$ 166,406
Accounts receivable:
Oil and gas sales	643,368	538,971
Trade	19,618	16,370
Prepaid costs and expenses	57,895	19,281
Total current assets	826,655	741,028
Property and equipment, at cost
Oil and gas properties, using the full cost method	34,657,164	34,309,328
Other	93,257	92,326
Accumulated depreciation, depletion and amortization	(17,618,724)	(17,323,692)
Property and equipment, net	17,131,697	17,077,962
Derivative instruments – long term	6,167
Other noncurrent assets	6,974	116,454
TOTAL	17,971,493	17,935,444
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses	364,637	431,848
Derivative instruments	27,224
Total current liabilities	391,861	431,848
Long-term debt	2,950,000	2,950,000
Asset retirement obligations	777,127	763,412
Deferred income tax liabilities	860,017	853,199
Total liabilities	4,979,005	4,998,459
Stockholders' equity
Preferred stock - $1.00 par value; 10,000,000 shares authorized; none outstanding
Common stock - $0.50 par value; 40,000,000 shares authorized; 2,102,866 shares issued and 2,036,866 shares outstanding as of June 30, 2013 and March 31, 2013	1,051,433	1,051,433
Additional paid-in capital	6,800,463	6,761,091
Retained earnings	5,481,584	5,465,453
Treasury stock, at cost (66,000 shares)	(340,992)	(340,992)
Total stockholders' equity	12,992,488	12,936,985
TOTAL	$ 17,971,493	$ 17,935,444