Annual report pursuant to Section 13 and 15(d)

ASSET RETIREMENT OBLIGATIONS (Details)

v3.7.0.1
ASSET RETIREMENT OBLIGATIONS (Details) - USD ($)
12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Reconciliation of carrying amounts of asset retirement obligations    
Carrying amount at beginning of year $ 1,179,170 $ 1,051,694
Acquisition of oil and gas properties 755,862
Accretion 199,960 127,426
Revisions of previous estimates (89,145)
Carrying amount at end of year $ 2,045,847 $ 1,179,170