Subsequent Events |
12 Months Ended |
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Mar. 31, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | 16. Subsequent Events
On May 13, 2025, the Company announced that its Board declared a regular annual dividend of $shareholders of record at the close of business on June 2, 2025. The regular annual dividend in the amount of $204,600 was paid on June 16, 2025. per common share to its
In June 2025, the Company expended approximately $116,000 to participate in the drilling of 5 horizontal wells in the Bone Spring Sand formation of the Delaware Basin in Eddy County, New Mexico.
The Company completed a review and analysis of all events that occurred after the consolidated balance sheet date to determine if any such events must be reported and has determined that there are no other subsequent events to be disclosed. |