Major Customers	12 Months Ended
Mar. 31, 2024
Risks and Uncertainties [Abstract]
Major Customers	6. Major Customers Currently, the Company operates exclusively within the United States and its revenues and operating profit are derived from the oil and gas industry. Oil and gas production is sold to various purchasers and the receivables are unsecured. Historically, the Company has not experienced significant credit losses on its oil and gas accounts and management is of the opinion that significant credit risk does not exist. Management is of the opinion that the loss of any one purchaser would not have an adverse effect on the Company’s ability to sell its oil and gas production. In fiscal 2024, one purchaser accounted for 59% of the total operating revenues and 48% of the total oil and natural gas accounts receivable and another purchaser accounted for 8% of the total operating revenues and 8% of the total oil and natural gas accounts receivable. In fiscal 2023, one purchaser accounted for 53% of the total operating revenues and 46% of the total oil and natural gas accounts receivable and another purchaser accounted for 8% of the total operating revenues and 21% of the total oil and natural gas accounts receivable.

Major Customers

12 Months Ended

Mar. 31, 2024

6. Major Customers

Currently, the Company operates exclusively within the United States and its revenues and operating profit are derived from the oil and gas industry. Oil and gas production is sold to various purchasers and the receivables are unsecured. Historically, the Company has not experienced significant credit losses on its oil and gas accounts and management is of the opinion that significant credit risk does not exist. Management is of the opinion that the loss of any one purchaser would not have an adverse effect on the Company’s ability to sell its oil and gas production.

In fiscal 2024, one purchaser accounted for 59% of the total operating revenues and 48% of the total oil and natural gas accounts receivable and another purchaser accounted for 8% of the total operating revenues and 8% of the total oil and natural gas accounts receivable. In fiscal 2023, one purchaser accounted for 53% of the total operating revenues and 46% of the total oil and natural gas accounts receivable and another purchaser accounted for 8% of the total operating revenues and 21% of the total oil and natural gas accounts receivable.