As of October 31, 2011, the total costs, including seismic costs, were 482,882 for the first well, followed by 5 wells before and after the casing point on the succeeding wells. The Company entered into a Farmout agreement with Sunset Exploration, Inc. on May 25, 2009, to engage in the exploration for oil and natural gas on a 10,000-acre land in west central California.