Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income	$ 3,755,173	$ 1,857,136
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	101,462	62,003
Depreciation, depletion and amortization	1,268,016	812,398
Accretion of asset retirement obligations	22,902	21,630
Amortization of debt issuance costs	9,394	9,394
Changes in operating assets and liabilities:
Increase in accounts receivable	(738,558)	(98,901)
Decrease in right-of-use asset	40,529	42,687
Decrease in prepaid expenses	31,249	26,736
(Decrease) increase in accounts payable and accrued expenses	(81,236)	42,034
Settlement of asset retirement obligations	(17,482)	(2,741)
Decrease in operating lease liability	(40,529)	(43,790)
Net cash provided by operating activities	4,350,920	2,728,586
Cash flows from investing activities:
Additions to oil and gas properties	(4,760,880)	(1,213,618)
Additions to other property and equipment	(1,718)
Drilling refunds	18,329	229,800
Investment – cost basis	(225,000)	(50,000)
Proceeds from sale of oil and gas properties and equipment		11,969
Net cash used in investing activities	(4,969,269)	(1,021,849)
Cash flows from financing activities:
Proceeds from exercise of stock options	16,700	295,640
Profits from purchase of stock by insider	30,179
Proceeds from long-term debt	675,000	275,000
Reduction of long-term debt	(675,000)	(1,455,000)
Acquisition of treasury stock	(168,260)
Net cash used in financing activities	(121,381)	(884,360)
Net (decrease) increase in cash and cash equivalents	(739,730)	822,377
Cash and cash equivalents at beginning of period	1,370,766	57,813
Cash and cash equivalents at end of period	631,036	880,190
Supplemental disclosure of cash flow information:
Cash paid for interest	528	14,834
Non-cash investing and financing activities:
Asset retirement obligations	21,554	12,499
Operating lease – right of use asset and associated liabilities		$ 165,007