Quarterly report pursuant to Section 13 or 15(d)

SEGMENT AND GEOGRAPHIC DATA (Details)

v3.19.3
SEGMENT AND GEOGRAPHIC DATA (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2019
Jun. 30, 2019
Sep. 30, 2018
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Mar. 31, 2019
Operating Revenues              
Total operating revenues $ 6,378,288   $ 809,466   $ 6,499,639 $ 2,504,162  
Operating Income (Loss)              
Total operating income (loss) (511,677)   24,512,607   (1,852,690) 21,970,970  
Interest expense (37,677)   (1,268,811)   (38,524) (2,234,107)  
Other expense (income), net 272,390   (15,430)   326,652 (20,594)  
Net income (loss) (276,964) $ (1,287,598) 23,228,366 $ (3,512,097) (1,564,562) 19,716,269  
Identifiable assets              
Total assets 31,187,717       31,187,717   $ 8,582,672
Exploration and Production [Member]              
Operating Revenues              
Total operating revenues 92,753   809,466   214,104 2,504,162  
Operating Income (Loss)              
Total operating income (loss) (103,333)   25,464,808   (112,113) 24,806,220  
Identifiable assets              
Total assets 544,005       544,005   803,949
Oil and Gas Services [Member]              
Operating Revenues              
Total operating revenues 6,285,535       6,285,535    
Operating Income (Loss)              
Total operating income (loss) 1,323,451       1,323,471    
Identifiable assets              
Total assets 26,425,656       26,425,656    
Corporate [Member]              
Operating Income (Loss)              
Total operating income (loss) (1,731,815)   $ (952,201)   (3,064,048) $ (2,835,250)  
Identifiable assets              
Total assets $ 4,218,056       $ 4,218,056   $ 7,778,723