**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      DC 20549**

**FORM      10-KSB**

**000-50830**

**OR**

**CALIBRE      ENERGY, INC.**

| **Nevada**(State                or Other Jurisdiction ofIncorporation                or Organization) | **88-0343804**(IRS                EmployerIdentification                No.) |
|-------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------|

**1667      K Street, NW, Suite 1230, Washington, D.C. 20006**

**(202)      223-4401**

**HARDWOOD      DOORS AND MILLING SPECIALITIES, INC.**

**,      **

** **

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|                       |                        |                                                                                                                                                                      | Page   |
|----------------------------|-----------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| PART                    I  | Item                    1.  | Description                    of Business.                                                                                                                               | 3      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    2.  | Description                    of Properties.                                                                                                                             | 4      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    3.  | Legal                    Proceedings.                                                                                                                                     | 4      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    4.  | Submission                    of Matters to a Vote of Security Holders                                                                                                    | 4      |
|                       |                        |                                                                                                                                                                      |   |
| PART                    II | Item                    5.  | Market                    for Common Equity and Related Stockholder Matters                                                                                               | 4      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    6.  | Management’s                    Discussion and Analysis or Plan of Operation.                                                                                       | 5      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    7.  | Financial                    Statements.                                                                                                                                  | 6      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    8.  | Changes                    In and Disagreements with Accountants on Accounting and Financial                    Disclosure.                                               | 6      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    8A. | Controls                    and Procedures.                                                                                                                               | 6      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    8B. | Other                    Information.                                                                                                                                     | 6      |
|                       |                        |                                                                                                                                                                      |   |
| PART                  III  | Item                    9.  | Directors,                    Executive Officers, Promoters and Control Persons; Compliance                    with Section                    16(a) of the Exchange Act. | 6      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    10. | Executive                    Compensation.                                                                                                                                | 7      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    11. | Related                    Stockholder Matters.                                                                                                                           | 7      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    12. | Certain                    Relationships and Related Transactions.                                                                                                        | 7      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    13. | Exhibits                    and Reports on Form 8-K.                                                                                                                      | 8      |
|                       |                        |                                                                                                                                                                      |   |
|                       | Item                    14. | Principal                    Accountant Fees and Services.                                                                                                                | 8      |
|                       |                        |                                                                                                                                                                      |   |
| Signatures                 |                        |                                                                                                                                                                      | 10     |

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**FORWARD-LOOKING      STATEMENT NOTICE**

**PART      I**

**Item      1. Description of Business**

**Explanatory      Note - Subsequent Event**

**Our      History**

**Our      Business**

**Competition**

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**Employees**

**Item      2. Description of Property**

**Item      3. Legal Proceedings**

**Item      4. Submission of Matters to a Vote of Security Holders**

**PART      II**

**Item      5. Market for Common Equity and Related Stockholder      Matters**

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**Recent      Sales of Unregistered Securities**

**Item      6. Management’s Discussion and Analysis or Plan of      Operation**

**Years      Ended December 31, 2005 and 2004**

**Liquidity      and Capital Resources**

**Item      7. Financial Statements**

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**Item      8. Changes in and Disagreements with Accountants on Accounting and Financial      Disclosure**

**Item      8A. Controls and Procedures**

**Item      8B. Other Information**

**PART      III**

**Item      9. Directors, Executive Officers, Promoters and Control Persons**

| Name                           | Age | Positions                                | Since                        |
|--------------------------------|-----|------------------------------------------|------------------------------|
| Luke                M. Frazier | 34  | Sole                officer and director | October,                2003 |

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**Luke      M. Frazier**

**Item      10. Executive Compensation**

**Stock      Option Plan**

**Compensation      of Directors**

**Item      11. Security Ownership of Certain Beneficial Owners and      Management**

| **Name                  and Address of Directors,****Executive                  Officers and 5% Beneficial Owners** | **Amount                  and Nature of Beneficial Ownership** | **Percent                  of Class of Common Stock** |
|---------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------|-------------------------------------------------------|
|                                                                                                                |                                                           |                                                  |
| Luke                  M. Frazier (1)4302                  Hollow Road Logan,                  Utah 84321            | 20,000,000                                                     | 86.6%                                                 |
|                                                                                                                |                                                           |                                                  |
| Directors                  and Executive Officers as a Group:One                  person                            | 20,000,000                                                     | 86.6%                                                 |

**Item      12. Certain Relationships and Related Transactions**

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**Item      13. Exhibits and Reports on Form 8-K **

| **Exhibit**                    | **Title**                                                                                                                                                                                                                                           | **Location**                                 |
|--------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------|
| Exhibit                  3(i)  | Amended                  and Restated Articles of Incorporation*                                                                                                                                                                                    | 10-SB                  of July 1, 2004       |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  3(ii) | Bylaws*                                                                                                                                                                                                                                             | 10-SB                  of July 1, 2004       |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  10.1  | Agreement                  and Plan of Reorganizationdated December 7, 2005 by and between                  Hardwood Doorsand Milling Specialities,                  Inc. and Calibre Energy, Inc.*                                                 | 8-K                  of December 7, 2005     |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  14    | Code                  of Ethics*                                                                                                                                                                                                                    | 10-KSB                  of December 31, 2004 |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  31.1  | Certification                  of the Principal Executive Officer pursuantto Section 302 of the                  Sarbanes-Oxley Act of 2002                                                                                                         | Attached                                     |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  31.2  | Certification                  of the Principal Financial Officer pursuant toSection 302 of the                  Sarbanes-Oxley Act of 2002                                                                                                         | Attached                                     |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  32.1  | Certification                  of the Principal Executive Officer pursuant to U.S.C. Section 1350                  as                  adopted pursuant to Section 906 of the of the Sarbanes-Oxley Act                  of                  2002** | Attached                                     |
|                           |                                                                                                                                                                                                                                                |                                         |
| Exhibit                  32.   | Certification                  of the Principal Financial Officer pursuant to U.S.C. Section 1350                  as                  adopted pursuant to Section 906 of the Sarbanes-Oxley Act of                  2002**                         | Attached                                     |

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**Item      14. Principal Accountant Fees and Services**

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| Date:                  March 30, 2006 | CALIBRE                  ENERGY, INC. By:                  /s/                  Prentis B. Tomlinson, Jr.Prentis                  B. Tomlinson, Jr.Chief                  Executive Officer By:                  /s/ O. Oliver Pennington III O.                  Oliver Pennington III |
|---------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Date:                  March 30, 2006 | By:                  /s/                  Prentis B. Tomlinson, Jr.Prentis                  B. Tomlinson, Jr.Director |
|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------|
|                                  |                                                                                                                  |
|                                  | By:/s/                  Edward L. MosesEdward                  L. Moses                                               |
|                                  |                                                                                                                  |
|                                  | By:                  /s/                  W. Richard AndersonW.                  Richard Anderson                     |

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**CALIBRE      ENERGY, INC.**

**(FORMERLY      HARDWOOD DOORS & MILLING SPECIALITIES, INC.)**

**(A      Development Stage Company)**

**FINANCIAL      STATEMENTS**

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|                                                                   | Page   |
|------------------------------------------------------------------------|--------|
| Report                of Independent Registered Public Accounting Firm | 13     |
|                                                                   |   |
| Balance                Sheets                                          | 14     |
|                                                                   |   |
| Statements                of Operations                                | 15     |
|                                                                   |   |
| Statements                of Stockholders’ Equity (Deficit)      | 16     |
|                                                                   |   |
| Statements                of Cash Flows                                | 17     |
|                                                                   |   |
| Notes                to Financial Statements                           | 18     |

----

----

| CALIBRE                ENERGY, INC.                                       |
|---------------------------------------------------------------------------|
| (FORMERLY                HARDWOOD DOORS & MILLING SPECIALITIES, INC.) |
| (A                Development Stage Company)                              |
| BALANCE                SHEETS                                             |
| December                31, 2005 and 2004                                 |

| **ASSETS**                                                                                                                                          |   | **2005** |     | **2004** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|----------|----------|--------|
| Current                assets:                                                                                                                      |   |     |     |     |   |
| Cash                                                                                                                                                |   | $        | 872      |     |   | 2,284 |   |
| Total                current assets                                                                                                                 |   | $        | 872      |     |   | 2,284 |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| **LIABILITIES              AND STOCKHOLDERS’ EQUITY (DEFICIT)**                                                                               |   |     |     |     |   |   |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Current                liabilities:                                                                                                                 |   |     |     |     |   |   |   |
| Accounts                payable and accrued expenses                                                                                                |   | $        | 12,511   |     |   | – |   |
| Note                payable - stockholder                                                                                                           |   |     | 10,000   |     |   | – |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Total                current liabilities                                                                                                            |   |     | 22,511   |     |   | – |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Commitments                and contingencies                                                                                                        |   |     |     |     |   |   |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Stockholders'                equity:                                                                                                                |   |     |     |     |   |   |   |
| Preferred                stock, $.001 par value, 10,000,000 shares authorized, no shares issued                and                outstanding       |   |     | –  |     |   | – |   |
| Common                stock, $.001 par value, 100,000,000 and 50,000,000 shares authorized,                23,100,000 shares issued and outstanding |   |     | 23,100   |     |   | 23,100 |   |
| Additional                paid-in capital                                                                                                           |   |     | 124,900  |     |   | 124,900 |   |
| Deficit                accumulated during the development stage                                                                                     |   |     | (169,639 | )        |   | (145,716 | ) |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Total                stockholders' equity (deficit)                                                                                                 |   |     | (21,639  | )        |   | 2,284 |   |
|                                                                                                                                                |   |     |     |     |   |   |   |
| Total                liabilities and stockholders' equity (deficit)                                                                                 |   | $        | 872      |     |   | 2,284 |   |

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| CALIBRE                  ENERGY, INC.                                                           |
|-------------------------------------------------------------------------------------------------|
| (FORMERLY                  HARDWOOD DOORS & MILLING SPECIALITIES, INC.)                     |
| (A                  Development Stage Company)                                                  |
| STATEMENTS                  OF OPERATIONS                                                       |
| Years                  Ended December 31, 2005 and 2004 and Cumulative                  Amounts |

|                                                     |   |           |       |      |       |
|----------------------------------------------------------|--------|----------------|------------|----------------|------------|
|                                                     |   |  **2005** | ** ** | ** 2004** | ** ** | ** Amounts** |   |
|                                                     |   |      |       |      |       |    |   |
| Revenue                                                  |   | $              | –    |           |       | – |   |   | – |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| General                and administrative costs          |   |           | 23,923     |           |       | 13,879 |   |   | 47,454 |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Loss                before income taxes                  |   |           | (23,923    | )              |       | (13,879 | ) |   | (47,454 | ) |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Provision                for income taxes                |   |           | –    |           |       | – |   |   | – |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Loss                before discontinued operations       |   | $              | (23,923    | )              |       | (13,879 | ) |   | (47,454 | ) |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Loss                from discontinued operations,        |   |           |       |           |       |   |   |   |   |   |
| net                of taxes of $0                        |   |           | –    |           |       | – |   |   | (122,185 | ) |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Net                loss                                  |   | $              | (23,923    | )              |       | (13,879 | ) |   | (169,639 | ) |
|                                                     |   |           |       |           |       |   |   |   |   |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Loss                per common share - basic and diluted |   | $              | –    |           |       | – |   |   |   |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |
| Weighted                average common shares -          |   |           |       |           |       |   |   |   |   |   |
| basic                and diluted                         |   |           | 23,100,000 |           |       | 23,100,000 |   |   |   |   |
|                                                     |   |           |       |           |       |   |   |   |   |   |

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| CALIBRE                ENERGY, INC.                                                       |
|-------------------------------------------------------------------------------------------|
| (FORMERLY                HARDWOOD DOORS & MILLING SPECIALITIES, INC.)                 |
| (A                Development Stage Company)                                              |
| STATEMENTS                OF STOCKHOLDERS' EQUITY (DEFICIT)                               |
| December                30, 1994 ( Date of Inception) to December 31,                2005 |

|                                             |       |                               |       |                            |       |        | ** ** | ** **      | ** ** | ** **     | ** ** | **Deficit**                   | ** ** |      | ** ** |
|--------------------------------------------------|------------|------------------------------------|------------|---------------------------------|------------|-------------|------------|-----------------|------------|----------------|------------|-------------------------------|------------|-----------|------------|
|                                             | ** ** |                               | ** ** |                            | ** ** |        | ** ** |            | ** ** |           | ** ** | **Accumulated**               | ** ** |      | ** ** |
|                                             | ** ** |                               | ** ** |                            | ** ** |        | ** ** |            | ** ** | **Additional** | ** ** | **During                the** | ** ** |      | ** ** |
|                                             | ** ** | **Preferred                Stock** | ** ** | **Common                Stock** | ** ** | **Paid-in** | ** ** | **Development** | ** ** |           |       |
|                                             |       | **Shares**                         | ** ** | **Amount**                      | ** ** | **Shares**  | ** ** | **Amount**      | ** ** | **Capital**    | ** ** | **Stage**                     | ** ** | **Total** |       |
| Balance                at December 30, 1994      |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |
| (date                of inception)               |       |                               | –    |                            | $          | –     |       |            | –    |           | $          | –                       |       | $         | –    |   | $ | – |   | $ | – |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Issuance                of common stock for cash |       |                               | –    |                            |       | –     |       |            | 1,000,000  |           |       | 1,000                         |       |      | –    |   |   | – |   |   | 1,000 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (145 | ) |   | (145 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 1995      |       |                               | –    |                            |       | –     |       |            | 1,000,000  |           |       | 1,000                         |       |      | –    |   |   | (145 | ) |   | 855 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (420 | ) |   | (420 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 1996      |       |                               | –    |                            |       | –     |       |            | 1,000,000  |           |       | 1,000                         |       |      | –    |   |   | (565 | ) |   | 435 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (470 | ) |   | (470 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 1997      |       |                               | –    |                            |       | –     |       |            | 1,000,000  |           |       | 1,000                         |       |      | –    |   |   | (1,035 | ) |   | (35 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Issuance                of common stock for cash |       |                               | –    |                            |       | –     |       |            | 2,000,000  |           |       | 2,000                         |       |      | –    |   |   | – |   |   | 2,000 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (1,472 | ) |   | (1,472 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 1998      |       |                               | –    |                            |       | –     |       |            | 3,000,000  |           |       | 3,000                         |       |      | –    |   |   | (2,507 | ) |   | 493 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (14,482 | ) |   | (14,482 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 1999      |       |                               | –    |                            |       | –     |       |            | 3,000,000  |           |       | 3,000                         |       |      | –    |   |   | (16,989 | ) |   | (13,989 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (41,730 | ) |   | (41,730 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2000      |       |                               | –    |                            |       | –     |       |            | 3,000,000  |           |       | 3,000                         |       |      | –    |   |   | (58,719 | ) |   | (55,719 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Issuance                of common stock for cash |       |                               | –    |                            |       | –     |       |            | 100,000    |           |       | 100                           |       |      | 124,900    |   |   | – |   |   | 125,000 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (39,814 | ) |   | (39,814 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2001      |       |                               | –    |                            |       | –     |       |            | 3,100,000  |           |       | 3,100                         |       |      | 124,900    |   |   | (98,533 | ) |   | 29,467 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (29,652 | ) |   | (29,652 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2002      |       |                               | –    |                            |       | –     |       |            | 3,100,000  |           |       | 3,100                         |       |      | 124,900    |   |   | (128,185 | ) |   | (185 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Issuance                of common stock for cash |       |                               | –    |                            |       | –     |       |            | 20,000,000 |           |       | 20,000                        |       |      | –    |   |   | – |   |   | 20,000 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (3,652 | ) |   | (3,652 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2003      |       |                               | –    |                            |       | –     |       |            | 23,100,000 |           |       | 23,100                        |       |      | 124,900    |   |   | (131,837 | ) |   | 16,163 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (13,879 | ) |   | (13,879 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2004      |       |                               | –    |                            |       | –     |       |            | 23,100,000 |           |       | 23,100                        |       |      | 124,900    |   |   | (145,716 | ) |   | 2,284 |   |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Net                loss                          |       |                               | –    |                            |       | –     |       |            | –    |           |       | –                       |       |      | –    |   |   | (23,923 | ) |   | (23,923 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |
| Balance                at December 31, 2005      |       |                               | –    |                            | $          | –     |       |            | 23,100,000 |           | $          | 23,100                        |       | $         | 124,900    |   | $ | (169,639 | ) | $ | (21,639 | ) |
|                                             |       |                               |       |                            |       |        |       |            |       |           |       |                          |       |      |       |   |   |   |   |   |   |   |

----

| CALIBRE                ENERGY, INC.                                                         |
|---------------------------------------------------------------------------------------------|
| (FORMERLY                HARDWOOD DOORS & MILLING SPECIALITIES, INC.)                   |
| (A                Development Stage Company)                                                |
| STATEMENTS                OF CASH FLOWS                                                     |
| Years                Ended December 31, 2005 and 2004 and Cumulative                Amounts |

|                                                         |   |     |    | ** ** |   | **Cumulative** |   |
|--------------------------------------------------------------|--------|----------|---------|------------|--------|----------------|--------|
| ** **                                                   |   | **2005** |    | **2004**   |   | **Amounts**    |   |
| Cash                flows from operating activities:         |   |     |    |       |   |           |   |
| Net                loss                                      |   | $        | (23,923 | )          |   | (13,879        | )      |   | (169,639 | ) |
| Adjustments                to reconcile net loss to net cash |   |     |    |       |   |           |   |   |   |   |
| used                in operating activities:                 |   |     |    |       |   |           |   |   |   |   |
| Increase                (decrease) in accounts payable       |   |     |    |       |   |           |   |   |   |   |
| and                accrued expenses                          |   |     | 12,511  |       |   | (545           | )      |   | 12,511 |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Net                cash used in operating activities         |   |     | (11,412 | )          |   | (14,424        | )      |   | (157,128 | ) |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Cash                flows from investing activities:         |   |     | – |       |   |           |   |   | – |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Cash                flows from financing activities:         |   |     |    |       |   |           |   |   |   |   |
| Proceeds                from issuance of common stock        |   |     | – |       |   | –        |   |   | 148,000 |   |
| Proceeds                from notes payable                   |   |     | 10,000  |       |   | –        |   |   | 62,500 |   |
| Payments                on notes payable                     |   |     | – |       |   | –        |   |   | (52,500 | ) |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Net                cash provided by financing activities     |   |     | 10,000  |       |   | –        |   |   | 158,000 |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Net                increase (decrease) in cash               |   |     | (1,412  | )          |   | (14,424        | )      |   | 872 |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Cash,                beginning of year                       |   |     | 2,284   |       |   | 16,708         |   |   | – |   |
|                                                         |   |     |    |       |   |           |   |   |   |   |
| Cash,                end of year                             |   | $        | 872     |       |   | 2,284          |   |   | 872 |   |

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|                                                                |       | **Year                  Ended December 31,** | ** ** |
|---------------------------------------------------------------------|------------|----------------------------------------------|------------|
| ** **                                                          | ** ** | **2005**                                     | ** ** | **2004** |   |
|                                                                |       |                                         |       |   |   |
| Income                  tax benefit at statutory rate               |       | $                                            | 6,000      |   |   | 2,000 |   |
| Change                  in valuation allowance                      |       |                                         | (6,000     | ) |   | (2,000 | ) |
|                                                                |       |                                         |       |   |   | – |   |
| Note                  7 - Income Taxes (continued)                  |       |                                         |       |   |   |   |   |
|                                                                |       |                                         |       |   |   |   |   |
| Deferred                  tax assets are as follows at December 31: |       |                                         |       |   |   |   |   |
|                                                                |       |                                         | **2005**   | ** ** | ** ** | **2004** |   |
|                                                                |       |                                         |       |   |   |   |   |
| Net                  operating loss carryforwards                   |       | $                                            | 30,000     |   |   | 30,000 |   |
| Start-up                  costs                                     |       |                                         | 12,000     |   |   | 6,000 |   |
| Valuation                  allowance                                |       |                                         | (42,000    | ) |   | (36,000 | ) |
|                                                                |       | $                                            | –    |   |   | – |   |

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