|PETROSTRATA CORPORATION                  
|-----------------------------------------
|Project Revenues and Utilization of Funds
|                                         
|GROSS RECEIPTS                           
|NO.                                      
|1                                        
|TOTAL GROSS RECEIPTS                     
|                                         
|EXPENSES                                 
|No.                                      
|1.0                                      
|                                         
|                                         
|                                         
|                                         
|2.0                                      
|2.1                                      
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|                                         
|                                         
|                                         
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|                                         
|                                         
|3.0                                      
|3.1                                      
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|SUB-TOTAL CAPITAL EXPENSES               
|                                         
|4.0                                      
|4.1                                      
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|                                         
|4.2                                      
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|                                         
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|                                         
|                                         
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|4.3                                      
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|                                         
|                                         
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|                                         
|                                         
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|5.0                                      
|                                         
|                                         
|                                         
|TOTAL OPERATING EXPENSES                 
|                                         
|                                         
|6.0                                      
|                                         
|                                         
|                                         
|                                         
|TOTAL FIRST YEAR PROJECT EXPENSES        
|                                         
|TOTAL FIRST YEAR PROFITS BEFORE TAXES