v3.25.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating revenues:    
Total operating revenues $ 7,358,066 $ 6,604,884
Operating expenses:    
Production 1,605,096 1,526,472
Accretion of asset retirement obligation 29,983 29,869
Depreciation, depletion and amortization 2,452,694 1,969,742
General and administrative 1,320,074 1,243,547
Total operating expenses 5,407,847 4,769,630
Operating income 1,950,219 1,835,254
Other income (expenses):    
Interest income 72,629 135,476
Interest expense (6,150) (5,234)
Net other income (expense) 66,479 130,242
Income before provision for income taxes 2,016,698 1,965,496
Provision for income taxes 304,330 620,544
Net income $ 1,712,368 $ 1,344,952
Income per common share:    
Basic: $ 0.83 $ 0.64
Diluted: $ 0.81 $ 0.62
Weighted average common shares outstanding:    
Basic: 2,064,147 2,114,360
Diluted: 2,107,775 2,161,010
Dividends declared per share $ 0.10 $ 0.10
Oil Sales [Member]    
Operating revenues:    
Total operating revenues $ 6,145,674 $ 5,348,257
Natural Gas Sales [Member]    
Operating revenues:    
Total operating revenues 970,811 1,114,390
Other [Member]    
Operating revenues:    
Total operating revenues $ 241,581 $ 142,237