Jan - Dec 08
	Ordinary Income/Expense
			Income
				4000 · INCOME - OIL PRODUCTION		66,321.78
			Total Income			66,321.78
		Gross Profit				66,321.78
			Expense
				5055 · ROYALTY PAYMENTS
					5056 TL CHURCHMAN	4,101.56
				Total 5055 · ROYALTY PAYMENTS		4,101.56
				6010 · AUTOMOBILE EXPENSES		441.16
				6011 · AUTOMOBILE OPERATING EXP		2,074.94
				6015 · BANK CHARGES		2,671.66
				6025 · CONTRACT LABOR
					6026 · CONTRACT LABOR, SILER	99,409.19
				Total 6025 · CONTRACT LABOR		99,409.19
				6035 · CONTRACT SERVICES		191.00
				6040 · CONSULTING - GENERAL
					6042 · SILER OTHER	4,185.51
				Total 6040 · CONSULTING - GENERAL		4,185.51
				6050 · COMMISSIONS PAID		10,000.00
				6075 · INTEREST		18,642.17
				6200 · OFFICE SUPPLIES AND EXPENSES		1,033.16
				6210 · POSTAGE		123.00
				6215 · FREIGHT		2,369.86
				6300 · PROFESSIONAL FEES
					6305 · ACCOUNTING	26,600.00
					6310 · LEGAL FEES	20,769.01
					6315 · NVAT FEES	-252.26
				Total 6300 · PROFESSIONAL FEES		47,116.75
				6400 · PROMOTIONAL		90.07
				6500 · SILER EXPENSES
					6510 · SILER EXPENSES, OPERATIONS	36,676.60
					6511 · SILER EXPENSES, OTHER	1,000.00
					6512 · SILER EXPENSES, UTILITIES	6,527.86
				Total 6500 · SILER EXPENSES		44,204.46
				6600 · SHAREHOLDER EXPENSES		228.12
				6605 · STOCKHOLDER MEETING		26,530.04
				6650 · TRAVEL EXPENSES		14,364.22
				6675 · TELEPHONE		3,730.27
				6680 · INTERNET FEES		413.55
				6999 · Uncategorized Expenses		4,112.50
			Total Expense			286,033.19
	Net Ordinary Income					-219,711.41
	Other Income/Expense
		Other Income
			6900 · STOCK SALES			149,480.00
		Total Other Income				149,480.00
	Net Other Income					149,480.00
Net Income						-70,231.41