Consolidated Balance Sheets - USD ($)	Jun. 30, 2018	Mar. 31, 2018
Current assets
Cash and cash equivalents	$ 435,092	$ 492,610
Accounts receivable:
Oil and gas sales	424,162	395,991
Trade	200,934	436,249
Prepaid costs and expenses	37,688	47,583
Total current assets	1,097,876	1,372,433
Property and equipment, at cost
Oil and gas properties, using the full cost method	35,336,568	35,224,784
Other	107,484	107,484
Accumulated depreciation, depletion and amortization	(26,669,100)	(26,453,025)
Property and equipment, net	8,774,952	8,879,243
Other noncurrent assets	31,448	149,278
Total assets	9,904,276	10,400,954
Current liabilities
Accounts payable and accrued expenses	133,223	446,815
Total current liabilities	133,223	446,815
Long-term debt	500,000	700,000
Asset retirement obligations	851,605	852,553
Total liabilities	1,484,828	1,999,368
Commitments and contingencies
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; 2,104,266 shares issued and 2,037,266 shares outstanding as of June 30, 2018 and March 31, 2018	1,052,133	1,052,133
Additional paid-in capital	7,269,043	7,265,601
Retained earnings	444,273	429,853
Treasury stock, at cost (67,000 shares)	(346,001)	(346,001)
Total stockholders' equity	8,419,448	8,401,586
Total liabilities and stockholders' equity	$ 9,904,276	$ 10,400,954