The results of operations for oil and gas producing activities for the year ended October 31, 2011 and October 31, 2010 were: Revenues 1,241,015, 657,929 Production costs, 183,743 96,267, Depletion and accretion 344,932 220,078, Impairment 137,732, 219,539, Net capitalized cost 2,074,900, 2,577,519.