The operating results for oil and gas producing activities for the year ended 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 expense, 989,713 Impairment expense, 219,539 Impairment expense, 219,539 Net capitalized cost, 2,074,900 Production costs, 344,932 220,078 Results of operations of oil and gas producing results.