Starting on May 25, 2009, we entered into an agreement with Sunset Exploration to explore for oil and gas on 10,000 acres in west central California. The agreement requires us to fund a maximum of 50 working interests in the project, which includes gravity and seismic surveys. Sunset Exploration will carry 40 of the dry hole cost of the first well, resulting in a total cost of 263,561 as of October 31, 2011.