Annual report pursuant to Section 13 and 15(d)

Supplemental Oil and Gas Disclosures (Unaudited) (Details 6)

v3.7.0.1
Supplemental Oil and Gas Disclosures (Unaudited) (Details 6) - USD ($)
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2015
Standardized measure of discounted future net cash flows      
Future cash inflows $ 151,612,190 $ 179,710,901  
Future production costs (68,604,389) (48,202,264)  
Future development costs (25,003,360) (78,632,113)  
Future income taxes (20,301,568) (3,437,757)  
Future net cash flows 37,702,873 49,438,767  
Discount to present value at 10% annual rate (21,690,451) (36,040,384)  
Standardized measure of discounted future net cash flows relating to proved oil and gas reserves $ 16,012,422 $ 13,398,383 $ 61,627,716