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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Operating revenue:        
Oil and gas $ 641,468 $ 580,419 $ 1,903,361 $ 1,662,985
Other 13,463 9,715 38,342 178,174
Total operating revenues 654,931 590,134 1,941,703 1,841,159
Operating expenses:        
Production 248,865 234,372 813,570 721,864
Accretion of asset retirement obligation 8,639 9,248 25,196 26,939
Depreciation, depletion, and amortization 247,801 273,885 844,566 879,637
General and administrative 225,528 199,995 765,056 780,608
Total operating expenses 730,833 717,500 2,448,388 2,409,048
Operating loss (75,902) (127,366) (506,685) (567,889)
Other income (expenses):        
Interest income 34 3 45 175
Interest expense (25,360) (32,378) (79,310) (123,385)
Net other expense (25,326) (32,375) (79,265) (123,210)
Loss before income taxes (101,228) (159,741) (585,950) (691,099)
Income tax benefit:        
Deferred
Net loss $ (101,228) $ (159,741) $ (585,950) $ (691,099)
Loss per common share:        
Basic and diluted $ (0.05) $ (0.08) $ (0.29) $ (0.34)
Weighted average common shares outstanding:        
Basic and diluted 2,037,266 2,037,266 2,037,266 2,037,266