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