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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (321,489) $ (694,553)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Stock-based compensation 20,753 52,864
Depreciation, depletion and amortization 880,419 1,177,422
Accretion of asset retirement obligations 31,460 35,743
Changes in operating assets and liabilities:    
Increase in accounts receivable (437,083) (117,133)
(Increase) decrease in prepaid expenses (11,258) 6,959
Increase in noncurrent assets (25,219)
Increase (decrease) in accounts payable and accrued expenses 303,831 (124,002)
Settlement of asset retirement obligations (25,609) (104,369)
Net cash provided by operating activities 441,024 207,712
Cash flows from investing activities:    
Additions to oil and gas properties (1,092,657) (802,311)
Drilling refunds 108,646 82,922
Proceeds from sale of oil and gas properties and equipment 3,162,146 3,231,115
Net cash provided by investing activities 2,178,135 2,511,726
Cash flows from financing activities:    
Reduction of long-term debt (2,200,000) (2,680,000)
Net cash used in financing activities (2,200,000) (2,680,000)
Net increase in cash and cash equivalents 419,159 39,438
Cash and cash equivalents at beginning of period 73,451 34,013
Cash and cash equivalents at end of period 492,610 73,451
Supplemental disclosure of cash flow information:    
Cash paid for interest 94,880 156,142
Non-cash investing and financing activities:    
Asset retirement obligations $ 6,689 $ 8,753