Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Oct. 31, 2013
Oct. 31, 2012
Revenue    
Natural gas and oil revenue $ 1,097,455 $ 1,357,762
Cost of revenue    
Natural gas and oil operating costs 452,142 326,670
Depletion 343,062 456,598
Total cost of revenue 795,204 783,268
Gross profit (loss) 302,251 574,494
Expenses    
Accounting and audit 40,450 40,643
Insurance 6,947 6,677
Advertising and promotions 8,194 3,466
Bank charges and exchange loss (19,211) 8,965
Stock Based Compensation 21,279 11,336
Consulting 196,706 239,260
Fees and Dues 26,909 62,506
Interest expense from loan payable 267,357 237,641
Investor relation 0 29,616
Legal and professional 18,679 125,855
Office and miscellaneous 6,755 2,966
Rent 20,771 15,434
Telephone 7,170 4,135
Taxes 6,055 14,042
Travel 18,448 23,460
Write-off of oil and gas property 19,293 0
Total operating expenses 645,802 826,002
Net (loss) for the year $ (343,551) $ (251,508)
Basic and diluted (loss) per share $ (0.02) $ (0.02)
Weighted average number of common shares outstanding    
- Basic and diluted 16,431,452 16,431,452