Unemployment expense 989,713 1,200,652 Impairment 137,732 219,539 Net capitalized cost 2,074,900 2,577,519 Operating results for oil and gas producing activities as of October 31, 2011 and October 31, 2010 were as follows: Revenues 1,241,015 657,929 Production costs 183,743 96,267 Depletion and accretion 344,932 220,078 Results of operations of oil and gas producing activities as of October 31, 2011