Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF STOCKHOLDERS' EQUITY

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STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)
COMMON STOCK [Member]
ADDITIONAL PAID-IN CAPITAL [Member]
DEFICIT [Member]
Total
Beginning Balance at Oct. 31, 2010 $ 12,926 $ 6,065,118 $ (3,924,392) $ 2,153,653
Beginning Balance (Shares) at Oct. 31, 2010 12,926,348      
Warrant conversion @ $0.22 66 14,520   14,586
Warrant conversion @ $0.22 (Shares) 66,300      
Issuance of common stock per Settlement Agreement at $0.23 per share 41 9,335   9,375
Issuance of common stock per Settlement Agreement at $0.23 per share (Shares) 40,761      
Warrants for Convertible Debt   20,562   20,562
Issuance of common stock per stock option exercises 106 21,144   21,250
Issuance of common stock per stock option exercises (Shares) 106,250      
Issuance of common stock per warrant exercise @ $0.20 2,173 432,436   434,609
Issuance of common stock per warrant exercise @ $0.20 (Shares) 2,173,043      
Issuance of common stock per stock option exercise @ $0.20 119 23,631   23,750
Issuance of common stock per stock option exercise @ $0.20 (Shares) 118,750      
Issuance of common stock per PP @ $0.35 200 69,800   70,000
Issuance of common stock per PP @ $0.35 (Shares) 200,000      
Stock Options @ $0.35   179,789   179,789
Issuance of common stock per Agreement at $0.30 per share 800 239,200   240,000
Issuance of common stock per Agreement at $0.30 per share (Shares) 800,000      
Issuance of common stock for acquisition of oil and gas property at $0.34 per share   32,000   32,000
(Loss) for the period     (538,226) (538,226)
Ending Balance at Oct. 31, 2011 16,431 7,107,535 (4,462,618) 2,661,348
Ending Balance (Shares) at Oct. 31, 2011 16,431,452      
Stock Options @ $0.30   9,589   9,589
Ending Balance at Apr. 30, 2012 $ 16,431 $ 7,117,124 $ (4,813,658) $ 2,319,897
Ending Balance (Shares) at Apr. 30, 2012 16,431,452