v2.4.0.8

STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
STATEMENTS OF CASH FLOWS (USD $)	Jan. 31, 2014	Jan. 31, 2013
CASH FLOWS PROVIDED BY (USED IN) OPERATING ACTIVITIES
Net (loss)	$ (85,503)	$ (139,805)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and accretion	36,088	26,015
Writedown of natural gas and oil properties	0	2,039
Writeoff of undeveloped minerial interests	3,101	0
Changes in working capital:
Decrease / (Increase) in accounts receivable	(14,547)	(5,295)
Decrease / (Increase) in prepaid expenses and deposit	(175)	6,229
Increase / (Decrease) in accounts payable and accrued liabilities	(43,718)	10,173
Net cash (used in) operating activities	(104,754)	(100,644)
CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES
Redemption of Certificate of deposit	100,000	0
Sale proceeds of natural gas and oil working interests	275,148	0
Payments on oil and gas interests	(34,776)	(14,669)
Net cash provided by / (used in) investing activities	340,372	(14,669)
CASH FLOWS PROVIDED BY (USED IN) FINANCING ACTIVITIES
Net cash provided by /(used in) financing activities	0	0
Net increase / (decrease) in cash	235,618	(115,313)
Cash and cash equivalents, beginning of periods	60,812	540,512
Cash and cash equivalents, end of periods	296,430	425,199
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Assets retirement costs incurred	(949)	(827)
Investment in natural oil and gas working interests included in accounts payable	$ 0	$ 6,283

Portion of accounts payable attributable to joint interest partners in oil and gas properties. These are the billings associated with the operation of wells and are based on those owners' working interests in the wells.

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This element represents that, the amount of loss on write-off of undeveloped mineral interests.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

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Amount of asset retirement obligations (ARO) costs incurred (whether capitalized or charged to expense) during the period.

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The noncash expense charged against earnings to recognize the consumption of oil and gas reserves that are part of an entities' assets.

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The expense recorded to reduce the value of oil and gas assets consisting of proved properties and unproved properties as the estimate of future successful production from these properties is reduced.

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The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid.

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The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.

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The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes.

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Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

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Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.

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Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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The net cash inflow or outflow from resulting from payment, receipt or drawdown of cash deposit to guarantee a loan during the period.

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The cash outflow to purchase of mineral interests in oil and gas properties for use in the normal oil and gas operations and not intended for resale.

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The cash inflow to dispose of long-lived, physical assets and mineral interests in oil and gas properties used for normal oil and gas operations.

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