Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEETS

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BALANCE SHEETS (USD $)
Apr. 30, 2013
Oct. 31, 2012
Current    
Cash and cash equivalents $ 44,529 $ 180,514
Accounts receivable 167,221 290,936
Prepaid expenses and deposit 4,456 1,475
Total Current Assets 216,206 472,925
Oil and gas properties    
Proved property 3,563,800 3,699,535
Unproved properties 19,293 19,293
Total oil and gas properties 3,583,093 3,718,828
TOTAL ASSETS 3,799,299 4,191,753
Current    
Accounts payable and accrued liabilities 92,357 67,043
Loan payable 1,384,364 1,642,520
Due to a related party 1,769 1,769
Total Current Liabilities 1,478,490 1,711,332
Asset Retirement Obligations 59,245 59,245
TOTAL LIABILITIES 1,537,735 1,770,577
STOCKHOLDERS' EQUITY    
Share Capital Authorized: 200,000,000 common voting shares with a par value of $0.001 per share Issued and outstanding: 16,431,452 common shares at April 30, 2013 (16,431,452 common shares at October 31, 2012) 16,431 16,431
Additional paid-in capital 7,118,871 7,118,871
Deficit (4,873,738) (4,714,126)
Total Stockholders' Equity 2,261,564 2,421,176
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 3,799,299 $ 4,191,753