Quarterly report pursuant to Section 13 or 15(d)

STATEMENT OF CASH FLOWS

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STATEMENT OF CASH FLOWS (USD $)
3 Months Ended
Jan. 31, 2014
Jan. 31, 2013
Cash flows used in operating activities    
Net (loss) for the period $ (101,892) $ (112,074)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depletion 57,188 117,598
Foreign exchange gain / loss (41,866) 2,133
Change in operating assets and liabilities:    
(Increase)/Decrease in accounts receivable (51,437) 51,025
(Increase)/ Decrease in prepaid expenses and deposit (3,836) (4,456)
Increase in accounts payable 49,957 8,263
Net cash (used) from in operating activities (91,886) 62,489
Cash flows used in investing activities    
Oil and gas property acquisition and exploration costs (25,000) (37,141)
Proceeds from sales of oil and gas property 0 0
Net cash used in investing activities (25,000) (37,141)
Cash flows from financing activities    
Payments of loan payable 50,000 (166,925)
Proceeds from private placement and convertible debt 30,000 0
Net cash (used) from financing Activities 80,000 (166,925)
Decrease in cash and cash equivalents (36,886) (141,577)
Cash and cash equivalents, beginning of period 65,542 180,514
Cash and cash equivalents, end of period 28,656 38,937
Supplemental information of cash flows:    
Interest paid in cash 267,357 237,641
Income taxes paid in cash $ 0 $ 0