v2.3.0.11

Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended		81 Months Ended
Statements of Cash Flows (Unaudited) (USD $)	Jul. 31, 2011	Jul. 31, 2010	Jul. 31, 2011
Cash Flows from Operating Activities
Net loss	$ (398,264)	$ (87,132)	$ (1,051,935)
Adjustment for items not affecting cash:
Amortization	303	671	4,569
Foreign exchange loss	35,892	20,487	90,105
Impairment of oil and gas property	0	0	202,603
Change in non-cash working capital items:
Prepaid expenses	(3,614)	(1,634)	(3,865)
Accounts payable and accrued liabilities	115,675	214	150,818
Due to related party	54,158	(2,700)	55,993
Net cash provided by (used in) operations	(195,850)	(70,094)	(551,712)
Cash Flows from Investing Activities
Oil and gas properties	(3,056,154)	0	(3,303,556)
Purchase of equipment	0	0	(5,000)
Net cash used in investing activities	(3,056,154)	0	(3,308,556)
Cash Flows from Financing Activities
Proceeds from common shares and share subscriptions	3,296,100	0	3,357,100
Proceeds from related parties	281,289	0	534,835
Proceeds from convertible long term debt	0	70,000	296,366
Net cash provided by financing activities	3,577,389	70,000	4,188,301
Increase (Decrease) In Cash	325,385	(94)	328,033
Cash, Beginning	2,648	1,002
Cash, Ending	328,033	908	328,033
Supplementary Cash Flow Information:
Interest	0	0	0
Income taxes	$ 0	$ 0	$ 0

The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.

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Unrestricted cash available for day-to-day operating needs, for an entity that has cash equivalents, but does not aggregate cash equivalents with cash on the balance sheet.

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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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Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 19
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Financing Activities
-URI http://asc.fasb.org/extlink&oid=6513228

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The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates.

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Uniontown Energy Inc. 10-Q/A