Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS (USD $)
6 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Cash flows used in operating activities    
Net (loss) for the period $ (595,225) $ (159,612)
Adjustments to reconcile net loss to net cash used in operating activities:    
Consulting - Stock based compensation 323,049 0
Depletion 112,966 200,016
Foreign exchange gain / loss 0 1,270
Change in operating assets and liabilities:    
(Increase)/Decrease in accounts receivable (21,106) 123,715
(Increase)/ Decrease in prepaid expenses and deposit (6,597) (2,981)
Increase/(Decrease) in accounts payable (1,888) 24,044
Net cash provided/(used) in operating activities (188,801) 186,452
Cash flows used in investing activities    
Oil and gas property acquisition and exploration costs (56,420) (64,281)
Net cash used in investing activities (56,420) (64,281)
Cash flows from financing activities    
Payments of loan payable (174,236) (258,156)
Proceeds from private placement, convertible debt, and option exercise 1,305,655 0
Net cash provided/(used) in financing Activities 1,131,419 (258,156)
Increase/(Decrease) in cash and cash equivalents 886,198 (135,985)
Cash and cash equivalents, beginning of period 65,542 180,514
Cash and cash equivalents, end of period 951,740 44,529
Supplemental information of cash flows:    
Interest paid in cash 108,146 166,632
Income taxes paid in cash $ 0 $ 0