|   | Nevada                                                         |   |   | 98-0488493                              |   |
|--------|----------------------------------------------------------------|--------|--------|-----------------------------------------|--------|
|   | (State or other jurisdiction of incorporation or organization) |   |   | (I.R.S. Employer Identification Number) |   |

| Large accelerated filer  o | Accelerated filer  o | Non-accelerated filer  o | Smaller reporting company  x |
|---------------------------------|---------------------------|-------------------------------|-----------------------------------|

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|                                          |   | July 31, 2012 |       |   | April 30, 2012 |   |       | January 31, 2012 |   |
|-----------------------------------------------|--------|---------------|------------|--------|----------------|--------|------------|------------------|--------|
|                                          |   |          |       |   |           |   |       |             |   |
| ASSETS                                        |   |          |       |   |           |   |       |             |   |
|                                          |   |          |       |   |           |   |       |             |   |
| CURRENT ASSETS                                |   |          |       |   |           |   |       |             |   |
| Cash and cash equivalents                     |   | $             | 15,087     |   |           | $      | 41,438     |             |   | $ | 6,199 |   |
| Accounts receivable                           |   |          | 91,569     |   |           |   | 28,196     |             |   |   | 14,788 |   |
| Due to related party                          |   |          | -          |   |           |   | -          |             |   |   | 34,501 |   |
| Total current assets                          |   |          | 106,656    |   |           |   | 69,634     |             |   |   | 55,488 |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| PROPERTY AND EQUIPMENT, NET                   |   |          | 722,957    |   |           |   | 707,114    |             |   |   | 880,533 |   |
| Total assets                                  |   | $             | 829,613    |   |           | $      | 776,748    |             |   | $ | 936,021 |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY          |   |          |       |   |           |   |       |             |   |   |   |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| CURRENT LIABILITIES                           |   |          |       |   |           |   |       |             |   |   |   |   |
| Cash overdraft                                |   | $             | 50,900     |   |           |   | 40,851     |             |   | $ | 25,671 |   |
| Accounts payable                              |   |          | 210,956    |   |           |   | 92,797     |             |   |   | 312,678 |   |
| Accrued liabilities                           |   |          | 196,248    |   |           |   | 194,801    |             |   |   | 285,174 |   |
| Due to related party                          |   |          | 3,225      |   |           |   | 3,016      |             |   |   | 3,582 |   |
| Total current liabilities                     |   |          | 461,329    |   |           |   | 331,465    |             |   |   | 627,105 |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| ASSET RETIREMENT OBLIGATION                   |   |          | 60,101     |   |           |   | 60,101     |             |   |   | 60,101 |   |
| Total liabilities                             |   |          | 521,430    |   |           |   | 391,566    |             |   |   | 687,206 |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| STOCKHOLDERS' EQUITY                          |   |          |       |   |           |   |       |             |   |   |   |   |
| Capital stock                                 |   |          |       |   |           |   |       |             |   |   |   |   |
| Authorized:                                   |   |          |       |   |           |   |       |             |   |   |   |   |
| 20,000,000 common stock, $0.001 par value     |   |          |       |   |           |   |       |             |   |   |   |   |
| 10,000,000 preferrred stock, $0.001 par value |   |          |       |   |           |   |       |             |   |   |   |   |
| Issued and outstanding:                       |   |          |       |   |           |   |       |             |   |   |   |   |
| 2,074,242 common shares as of 2012            |   |          | 2,074      |   |           |   | 2,074      |             |   |   | 2,074 |   |
| Additional paid-in capital                    |   |          | 5,892,820  |   |           |   | 5,892,820  |             |   |   | 5,892,820 |   |
| Accumulated deficit                           |   |          | (5,586,711 | )      |           |   | (5,509,712 | )                |   |   | (5,646,079 | ) |
| Total stockholders' equity                    |   |          | 308,183    |   |           |   | 385,182    |             |   |   | 248,815 |   |
|                                          |   |          |       |   |           |   |       |             |   |   |   |   |
| Total liabilities and stockholders' equity    |   | $             | 829,613    |   |           | $      | 776,748    |             |   | $ | 936,021 |   |

----

|                                                   |   | Three Months Ended April 30, |      |   | Three Months Ended July 31, |   |      | Six Months Ended July31, |   |
|--------------------------------------------------------|--------|------------------------------|-----------|--------|-----------------------------|--------|-----------|--------------------------|--------|
|                                                   |   | 2012                         |      |   | 2011                        |   |      | 2012                     |   |   | 2011 |   |   | 2012 |   |   | 2011 |   |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |
| REVENUES                                               |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |
| Oil and gas production                                 |   | $                            | 65,810    |   |                        | $      | 71,102    |                     |   | $ | 110,184 |   |   | $ | 87,904 |   |   | $ | 175,994 |   |   | $ | 159,006 |   |
| Production services                                    |   |                         | 17,160    |   |                        |   | 20,680    |                     |   |   | 17,160 |   |   |   | 14,080 |   |   |   | 34,320 |   |   |   | 34,760 |   |
| Total revenues                                         |   |                         | 82,970    |   |                        |   | 91,782    |                     |   |   | 127,344 |   |   |   | 101,984 |   |   |   | 210,314 |   |   |   | 193,766 |   |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| COSTS AND EXPENSES                                     |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Lease operating expenses                               |   |                         | 123,297   |   |                        |   | 83,447    |                     |   |   | 194,530 |   |   |   | 109,911 |   |   |   | 317,827 |   |   |   | 193,358 |   |
| Depletion, depreciation, amortization and accretion    |   |                         | 7,263.00  |   |                        |   | 7,264     |                     |   |   | 7,264 |   |   |   | 5,898 |   |   |   | 14,527 |   |   |   | 13,162 |   |
| General and administrative                             |   |                         | 14,115    |   |                        |   | 67,585    |                     |   |   | 53,693 |   |   |   | 105,483 |   |   |   | 67,808 |   |   |   | 173,068 |   |
| Total expenses                                         |   |                         | 144,675   |   |                        |   | 158,296   |                     |   |   | 255,487 |   |   |   | 221,292 |   |   |   | 400,162 |   |   |   | 379,588 |   |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING LOSS                                         |   |                         | (61,705   | )      |                        |   | (66,514   | )                        |   |   | (128,143 | ) |   |   | (119,308 | ) |   |   | (189,848 | ) |   |   | (185,822 | ) |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME                                           |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income                                           |   |                         | 198,071   |   |                        |   | -         |                     |   |   | 51,144 |   |   |   | - |   |   |   | 249,215 |   |   |   | - |   |
| Total other income                                     |   |                         | 198,071   |   |                        |   | -         |                     |   |   | 51,144 |   |   |   | - |   |   |   | 249,215 |   |   |   | - |   |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| INCOME (LOSS) BEFORE TAXES                             |   |                         | 136,366   |   |                        |   | (66,514   | )                        |   |   | (76,999 | ) |   |   | (119,308 | ) |   |   | 59,367 |   |   |   | (185,822 | ) |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| PROVISION FOR INCOME TAXES                             |   |                         | -         |   |                        |   | -         |                     |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET INCOME (LOSS)                                      |   | $                            | 136,366   |   |                        | $      | (66,514   | )                        |   | $ | (76,999 | ) |   | $ | (119,308 | ) |   | $ | 59,367 |   |   | $ | (185,822 | ) |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) per share, basic and diluted         |   | $                            | 0.07      |   |                        | $      | (0.03     | )                        |   | $ | (0.04 | ) |   | $ | (0.06 | ) |   | $ | 0.03 |   |   | $ | (0.09 | ) |
|                                                   |   |                         |      |   |                        |   |      |                     |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average shares outstanding, basic and diluted |   |                         | 2,074,242 |   |                        |   | 2,074,242 |                     |   |   | 2,074,242 |   |   |   | 2,074,242 |   |   |   | 2,074,242 |   |   |   | 2,074,242 |   |

----

|                                                                                     |   | Six Months EndedJuly 31, 2012 |     |   | Six Months EndedJuly 31, 2011 |   |
|------------------------------------------------------------------------------------------|--------|-------------------------------|----------|--------|-------------------------------|--------|
|                                                                                     |   |                          |     |   |                          |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                                     |   |                          |     |   |                          |   |
| Net income (loss)                                                                        |   | $                             | 59,367   |   |                          | $      | (185,824 | ) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: |   |                          |     |   |                          |   |   |   |
| Depletion, depreciation, and amortization                                                |   |                          | 14,528   |   |                          |   | 13,162 |   |
| Change in operating assets and liabilities:                                              |   |                          |     |   |                          |   |   |   |
| Accounts receivable                                                                      |   |                          | (76,781  | )      |                          |   | 101,071 |   |
| Accounts payable and accrued expenses                                                    |   |                          | (190,647 | )      |                          |   | 99,295 |   |
| Net cash provided by (used in) operating activities                                      |   |                          | (193,533 | )      |                          |   | 27,704 |   |
|                                                                                     |   |                          |     |   |                          |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES                                                     |   |                          |     |   |                          |   |   |   |
| Proceeds from sale of oil and gas properties                                             |   |                          | 143,048  |   |                          |   | - |   |
| Acquisition of property and equipment                                                    |   |                          | -        |   |                          |   | (125,114 | ) |
| Net cash provided by (used in) investing activities                                      |   |                          | 143,048  |   |                          |   | (125,114 | ) |
|                                                                                     |   |                          |     |   |                          |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                     |   |                          |     |   |                          |   |   |   |
| Cash overdraft                                                                           |   |                          | 25,229   |   |                          |   | - |   |
| Net payments from (to) related parties                                                   |   |                          | 34,144   |   |                          |   | 96,588 |   |
| Net cash provided by (used in) financing activities                                      |   |                          | 59,373   |   |                          |   | 96,588 |   |
|                                                                                     |   |                          |     |   |                          |   |   |   |
| Net increase (decrease) in cash                                                          |   |                          | 8,888    |   |                          |   | (822 | ) |
| Cash at beginning of year                                                                |   |                          | 6,199    |   |                          |   | 40,501 |   |
| Cash at end of year                                                                      |   | $                             | 15,087   |   |                          | $      | 39,679 |   |
|                                                                                     |   |                          |     |   |                          |   |   |   |
| SUPPLEMENTAL INFORMATION                                                                 |   |                          |     |   |                          |   |   |   |
| Cash paid for interest                                                                   |   | $                             | -        |   |                          | $      | - |   |
| Cash paid for income taxes                                                               |   | $                             | -        |   |                          | $      | - |   |

----

| Note 1  | Interim Reporting |
|--------------|-------------------|

| Note 2  | Nature and Continuance of Operations |
|--------------|--------------------------------------|

| Note 3 | Oil and Gas Properties |
|--------|------------------------|

----

| Note 4  | Reverse Stock Split |
|--------------|---------------------|

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| Note 5  | Related Party Transactions |
|--------------|----------------------------|

| Note 6  | Subsequent Events |
|--------------|-------------------|

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----

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| Exhibit No. | Description of Exhibit                                                                   |
|-------------|------------------------------------------------------------------------------------------|
|        |                                                                                     |
|   31.1 |   Rule 13a-14 Certification of Chief Executive Officer and Chief Financial Officer  |
|        |                                                                                     |
|   32.1 |   Section 1350 Certification of Chief Executive Officer and Chief Financial Officer |

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