Consolidated Statement of Cash Flows (Unaudited) (USD $)
9 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net (loss) $ (550,003) $ (425,918)
Adjustments to reconcile net loss to net cash used in operating activities:    
Common stock issued for services 150,001 87,500
Loss on conversion on notes payable 57,050   
Accrued interest    5,000
Stock issued for reduction of interest on notes payable    2,409
Depreciation    957
Depletion 16,103 27,686
Depreciation and ARO liability 2,172 2,172
Amortization of discount on notes payable    29,068
Amortization of intangible assets 31,938 31,938
Net change in operating assets and liabilities:    
Accounts receivable 18,934 (3,494)
Joint interest receivable      
Accounts payable and other accrued expenses 33,805 85,217
Dividends payable to related party    3,900
Due to related party 5,000 5,000
Asset retirement obligation 7,700 9,233
Net cash (used) in operating activities (227,300) (139,332)
Cash flows from investing activities:    
Deposit on the purchase of additional assets (119,400)   
Principle payments received on notes receivable 6,434 3,572
Net cash provided in investing activities (112,966) 3,572
Cash flows from financing activities:    
Proceeds from notes payable    140,000
Common stock issued for cash 300,000   
Preferred stock B issued for cash 50,000   
Dividends paid on preferred stock (28,300)   
Net cash provided in financing activities 321,700 140,000
Net (decrease) in cash and cash equivalents (18,566) 4,240
Cash and cash equivalents at beginning of period 129,931 114,533
Cash and cash equivalents at end of period 111,365 118,773
Supplemental disclosures of cash flow information:    
Cash paid during the period for Interest      
Cash paid during the period for Taxes      
Common stock issued in exchange for consulting services 150,001 87,500
Common stock issued for conversion of note payable, accrued interest, and assumption of debt $ 57,500 $ 43,909