UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

X . Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of 1934

For the quarterly period ended ~~February~~August 2831, 2015

. Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from __________ to __________

Commission File Number: 333-135354

BAKKEN ENERGY CORP. ~~(Exact name of Registrant as specified in its charter)~~

(Exact name of Registrant as specified in its charter)


Nevada		98-0453936
(State or other jurisdiction		(I.R.S. Employer
of incorporation or organization)		Identification No.)

Carrera 40, No.10A-65, Barrio El Poblado

Medellìn - Colombia

(Address of Principal Executive Offices & Zip Code)

011-011-57.4.2682451

(Telephone Number)

___________________________________________

Former Name, Address and Fiscal Year, If Changed Since Last Report

Check whether the issuer: (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X . No .

We had a total of 547,439,999 shares of common stock issued and outstanding at ~~February~~August 2831, 2015.

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes . No X .

Transitional Small Business Disclosure Format: Yes . No X .

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

The interim financial statements included herein are unaudited but reflect, in management's opinion, all adjustments, consisting only of normal recurring adjustments, that are necessary for a fair presentation of our financial position and the results of our operations for the interim periods presented. Because of the nature of our business, the results of operations for the quarterly period ended ~~February~~August 2831, 2015 are not necessarily indicative of the results that may be expected for the full fiscal year.

Bakken Energy Corp. (Orofino Gold Corp.)

(AnA Development Stage Company)

Balance Sheets

(Stated in US Dollars)

		February 28, 2015		May 31, 2014
Assets Current Assets		Unaudited		Unaudited
Cash	$	500	$	2,000
Prepaid expenses		-		-
Total Current Assets		500		2,000
Non-Current Assets Resource Properties		10,000		60,000
Total Non-Current Assets		10,000		60,000
Total Assets	$	10,500	$	62,000
Liabilities
Current Liabilities
Accounts Payable		437,154		461,357
Loans payable		774,288		698,366
Convertible loans		806,208		792,638
Total Current Liabilities		2,017,650		1,952,361
Total Liabilities		2,017,650		1,952,361
Stockholders' Deficiency
Common Stock, $0.001 par value 850,000,00 Common Shares Authorized
		547,440		413,400
Additional Paid-in capital		1,296,277		1,381,067
Deficit		(3,851,703)		(3,685,664)
Translation Adjustments		836		836
Total Stockholders' Deficit		(2,007,150)		(1,890,361)
Total Liabilities and Stockholders' Equity	$	10,500	$	62,000

Unaudited


Assets Current Assets		August 31, 2015		May 31, 2015
		Unaudited		Unaudited

Cash	$	200	$	200
Total Current Assets		200		200
Non-Current Assets
Mineral Properties		10,000		10,000
Total Non-Current Assets		10,000		10,000
Total Assets	$	10,200	$	10,200
Liabilities
Current Liabilities
Accounts Payable	$	455,436	$	457,179
Loans payable		818,221		794,549
Convertible loans		870,665		855,998
Total Current Liabilities		2,144,322		2,107,726
Total Liabilities		2,144,322		2,107,726
Stockholders' Deficiency
Common Stock, $0.001 par value 850,000,000 Common Shares Authorized 547,439,999 Shares Issued		547,440		529,440
Additional Paid-in capital		1,296,277		1,305,277
Deficit		(3,999,075)		(3,933,079)
Translation Adjustments		836		836
Total Stockholders' Deficit		(2,154,522)		(2,097,526)
Total Liabilities and Stockholders' Equity	$	10,200	$	10,200

The accompanying notes are an integral part of these financial statements.

Bakken Energy Corp. (Orofino Gold Corp.)

(A Development Stage Company)

Income Statements

(Stated in US Dollars)

Unaudited

		For the three Months Ended February 28, 2015		For the three months ended February 28, 2014		For the nine Months Ended February 28, 2015		For the nine months ended February 28, 2014		From inception (April 12, 2005) to February 28, 2015
		For the three months Ended August 31, 2015		For the three months ended August 31 2014		From inception (April 12, 2005) to August 31, 2015
Revenue	$	-	$	-	$	-	$	-	$	~~116,326~~
Expenses
Advertising and Promotion		-		-		-78,963		~~1,332~~		~~78,963~~
Consulting fees		7,~~700~~875		244,~~000~~988		20505,~~300~~536		~~101,315~~		~~489,786~~
General and Administrative		1012,~~242~~449		7819,~~880~~944		43440,~~932~~758		~~164,873~~		~~415,860~~
Imputed Interest		-		-		-1,967		-		~~1,967~~
Interest		4346,~~514~~495		6335,~~527~~474		~~116~~895,~~807~~715		~~122,026~~		~~788,991~~
Management fees		-		~~24,000~~-		-212,315		~~101,315~~		~~212,315~~
Mineral exploration (reversal)		~~(75,000)~~-		-		~~(75~~849,~~000)~~910		~~12,000~~		~~849,910~~
Write off of mineral acquisition costs		60,000		-		60,000		-		1,010,000
Write off of mineral acquisition cost		-		-		1,010,000
Wages and Salary		-		-		-120,237		-		~~120,237~~
Total Expenses		4666,~~456~~819		~~190~~60,~~407~~406		~~166~~4,~~039~~115,401		~~502,861~~		~~3,968,029~~
Provision for income tax		-		-		-		-		-
Net Income (Loss)	$	(4666,~~456~~819)	$	~~190~~(60,~~407~~406)	$	(~~166~~3,~~039~~999,075)	$	~~(502,861)~~	$	~~(3,851,703)~~
Basic loss per common share	$	(0.0001)	$	(0.0001)	$	~~(0.0003)~~	$	~~(0.0019)~~
Weighted Average Number of
Common Shares		529,439,999		454,996,484		~~522,534,265~~		~~263,256,617~~

The accompanying notes are an integral part of these financial statements.

Bakken Energy Corp. (Orofino Gold Corp.)

(A Development Stage Company)

STATEMENTS OF STOCKHOLDER'’S EQUITY

From inception (April 12, 2005) to ~~February~~August 2831, 2015

(Stated in US Dollars)

Unaudited

	Common Stock
	Shares		Amount		~~Paid in capital~~		~~Translation~~Paid ~~adjustments~~in capital		~~Retained deficit~~		~~Total~~Translation ~~Equity~~adjustments		Retained deficit		Total Equity
Shares issued to founders on April 12, 2005 at $0.0001 per share	60,000,000	$	60,000		$		(59,000)		$		-	$	-	$	(59,000)
	60,000,000	$	60,000	$	(59,000)	$	-	$	-	$	(59,000)
Net (Loss) for period ending May 31, 2006	-		-				-				-		(800)		(800)
Net (Loss) for period ending May 31, 2006	-		-		-		-		(800)		(800)
Balance, May 31, 2006	60,000,000	$	60,000		$		(59,000)		$		-	$	(800)	$	(59,800)
Balance, May 31, 2006	60,000,000	$	60,000	$	(59,000)	$	-	$	(800)	$	(59,800)
Net (Loss) for period ending May 31, 2007	-		-				-				-		(200)		(200)
Net (Loss) for period ending May 31, 2007	-		-		-		-		(200)		(200)
Balance, May 31, 2007	60,000,000	$	60,000		$		(59,000)		$			$	(1,000)	$	-
Balance, May 31, 2007	60,000,000	$	60,000	$	(59,000)	$	-	$	(1,000)	$	-
Contributed Capital	-		-				7,500				-		-		7,500
Contributed Capital	-		-		7,500		-		-		7,500
Translation Adjustments for period ending May31,2008	-		-				-				(111)		-		(111)
Translation Adjustments for period ending May 31,2008
Net (Loss) for period ending May 31, 2008	-		-				-						(39,779)		(39,779)
	-		-		-		(111)		-		(111)
Balance, May 31, 2008	60,000,000	$	60,000		$		(51,500)		$		(111)	$	(40,779)	$	(32,390)
Net (Loss) for period ending May 31, 2008	-		-		-		-		(39,779)		(39,779)
Translation Adjustments for period ending May 31,2009	-		-				-				947		-		947
Balance, May 31, 2008	60,000,000	$	60,000	$	(51,500)	$	(111)	$	(40,779)	$	(32,390)
Net (Loss) for the period ending May 31, 2009	-		-				-				-		(33,887)		(33,887)
Translation Adjustments for period ending May31,2009
Balance, May 31, 2009	60,000,000	$	60,000		$		(51,500)		$		836	$	(74,666)	$	(65,330)
	-		-		-		947		-		947
Contributed Capital	-		-				1,967				-		-		1,967
Net (Loss) for the period ending May 31, 2009	-		-		-		-		(33,887)		(33,887)
Net (Loss) for the period ending May 31, 2010	-		-				-				-		(564,808)		(564,808)
Balance, May 31, 2009	60,000,000	$	60,000	$	(51,500)	$	836	$	(74,666)	$	(65,330)
Balance, May 31, 2010	60,000,000	$	60,000		$		(49,533)		$		836	$	(639,474)	$	(628,171)
Contributed Capital	-		-		1,967		-		-		1,967
Shares issued in settlement of debt	10,200,000		10,200				163,800				-		-		174,000
Net (Loss) for the period ending May 31, 2010	-		-		-		-		(564,808)		(564,808)
Shares issued for convertible debt	46,450,000		46,450				301,925				-		-		348,375
Balance, May 31, 2010	60,000,000	$	60,000	$	49,533)	$	836	$	(639,474)	$	(628,171)
Shares issued for mineral concessions	24,000,000		24,000				336,000				-		-		360,000
Shares issued in settlement of debt	10,200,000		10,200		163,800		-		-		174,000
Net (Loss) for the period ending May 31, 2011	-		-				-				-		(1,031,742)		(1,031,742)
Shares issued for convertible debt	46,450,000		46,450		301,925		-		-		348,375
Balance, May 31, 2011	140,650,000	$	140,650		$		752,192		$		836	$	(1,671,216)	$	(777,538)
Shares issued for mineral concessions	24,000,000		24,000		336,000		-		-		360,000
Shares issued for convertible debt	3,250,000		3,250				21,125				-		-		24,375
Net (Loss) for the period ending May 31, 2011	-		-		-		-		(1,031,742)		(1,031,742)
Net (Loss) for the period ending May 31, 2012	-		-				-				-		(840,726)		(840,726)
Balance, May 31, 2011	140,650,000	$	140,650	$	752,192	$	836	$	(1,671,216)		(777,538)
Balance, May 31, 2012	143,900,000	$	143,900		$		773,317		$		836	$	2,511,942)	$	(1,593,889)
Shares issued for convertible debt	3101,~~250~~500,000		3101,~~250~~500		~~21,125~~		-659,750		-		~~24,375~~-		-		761,250
Net (Loss) for the period ending May 31, 2012	-		-		-		-		(840,726)		(840,726)
Net (Loss) for the period ending May 31, 2013	-		-				-				-		(524,135)		(524,135)
Balance, May 31, 2012	143,900,000	$	143,900	$	773,317	$	$836	$	(2,511,942)	$	(1,593,889)
Balance, May 31, 2013	245,400,000	$	245,400		$		1,433,067		$		836	$	(3,036,077)	$	(1,356,774)
Shares issued for convertible debt	~~101~~168,~~500~~000,000		~~101~~168,~~500~~000		~~659,750~~		-(52,000)		-		~~761,250~~-		-		116,000
Net (Loss) for the period ending May 31, 2013	-		-		-		-		(524,135)		(524,135)
Net (Loss) for the period ending May 31, 2014	-		-				-				-		(649,587)		(649,587)
Balance, May 31, 2013	245,400,000	$	245,400	$	1,433,067	$	836	$	(3,036,077)	$	(1,356,774)
Balance, May 31, 2014	413,400,000	$	413,400		$		1,381,067		$		836	$	(3,685,664)	$	(1,890,361)
Shares issued for convertible debt	~~168~~78,~~000~~500,000		~~168~~78,~~000~~500		~~(52,000)~~		-(39,250)		-		~~116,000~~-		-		39,250
Net (Loss) for the period ending May 31, 2014	-		-		-		-		(649,587)		(649,587)
Shares issued pursuant to joint venture	20,000,000		20,000				(10,000)				-		-		10,000
Balance, May 31, 2014	413,400,000	$	413,400	$	1,381,067	$	836		(3,685,664)	$	(1,890,361)
Stock dividend - 10%	35,539,999		35,540				(35,540)				-		-		-
Shares issued for convertible debt	78,500,000		78,500		(39,250)		-		-		39,250
Net (Loss) for the period ending May 31, 2015	-		-				-				-		(246,592)		(246,592)
Shares issued pursuant to joint venture	20,000,000		20,000		(10,000)		-		-		10,000
	547,439,999	$	547,440	$			1,296,277	$			836	$	(3,932,256)	$	(2,087,703)
Stock dividend - 10%	35,539,999		35,540		(35,540)		-		-		-
Net (Loss) for the period ending August 31, 2015	-		-				-				-		(66,819)		(66,819)
Net (Loss) for the period ending February 28, 2015	- --		-		-		-		(166,039)		(166,039)
Balance, August 31, 2015	547,439,999	$	547,440	$			1,296,277	$			836	$	(3,999,075)	$	(2,154,522)
Balance, February 28, 2015	547,439,999	$	547,440	$	1,296,277	$	836		(3,851,703)	$	(2,007,150)

The accompanying notes are an integral part of these financial statements.

Bakken Energy Corp. (Orofino Gold Corp.)

(A Development Stage Company)

Statements of Cash Flows

(Stated in US Dollars)

Unaudited

		For the nine Months ended February 28,		For the nine Months ended February 28,		From inception (April 12, 2005) to February 28, 2015
		For the three months ended August 31,		For the three months ended August 31,		From inception (April 12, 2005) to August 31,
		2015		2014		2015
Operating Activities
Net income (loss)	$	(~~166~~66,~~039~~819)	$	(~~502~~201,~~861~~539)	$	(3,~~851~~999,~~703~~898)
Adjustments to reconcile net income to net cash
Imputed interest on related party loan		-		-		1,967
Accrued interest on loans		~~116~~46,~~807~~495		~~122~~26,~~026~~103		~~788~~896,~~990~~537
Write off mineral property costs		~~60,000~~-		-		1,010,000
Shares issued for services		-		-		78,000
Accounts payable		~~(23~~19,~~126)~~733		~~368~~168,~~835~~811		~~462~~502,~~527~~284
Prepaid expenses		-		-		-
Net cash used in operating activities		(~~12,358~~591)		(126,~~000~~625)		(1,~~510~~511,~~219~~110)
Financing Activities
Financing Activities;
Related party loan		-		-		-
Loans		~~10,858~~591		126,~~000~~625		1,651,~~383~~974
Contributed Capital		-		-		7,500
Common shares issued		-		-		1,000
Net cash provided by financing		~~10,858~~591		126,~~000~~625		1,~~659~~660,~~883~~474
Investing Activities
Acquisition of mineral properties		-		-		(150,000)
Net cash provided by investing		-		-		(150,000)
Effect of exchange rate on cash		-		-		836
Cash at beginning of period		~~2,000~~200		5,796		-
Cash at end of period	$	~~500~~200	$	5,796	$	~~500~~200
Cash Paid For:
Interest	$	-	$	-	$	-
Income Tax	$	-	$	-	$	-
Non-Cash Activities

The accompanying notes are an integral part of these financial statements.

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

for the three months ended August 31, 2015

ORGANIZATION AND DESCRIPTION OF BUSINESS

Bakken Energy Corp. (formerly Orofino Gold Corp.), ("Bakken" or the "“Company"”) was organized under the laws of the State of Nevada on April 12, 2005. Bakken started operations on September 1, 2007 under the "Clean '`N Shine" name operating as a full service automotive car wash, cleaning, detailing, and polishing business generating some revenues. With limited opportunities available the Company decided to look at mineral resources as an alternative business. On May 20, 2009, the Company completed a forward stock split of its common stock on a ratio of six shares for every one share of the Company. The record date of the forward stock split was May 15, 2009, the payment date of the forward split was May 19, 2009, and the ex-dividend date of the forward split was May 20, 2009. As a result of the forward split, the post forward split number off issued and outstanding shares was 60,000,000. On December 5, 2009, the Company passed a resolution to change its name from SNT Cleaning Inc. to Orofino Gold Corp. and on March 3, 2014 the Company passed a resolution to change its name to Bakken Energy Corp.

The Company was an exploration stage gold mining company with its efforts focused on mineral concessions and development of existing high grade artisanal mining operations. The Company has achieved no operating revenues from mining operations to date. The Company is presently looking at oil and gas properties.

SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). A summary of the significant accounting policies are as follows:

Use of estimates

Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities and the reported revenues and expenses for the periods presented. Actual results could differ from those estimates.

Comprehensive income

The Company has adopted ASC Topic 220, "“Comprehensive Income."” Comprehensive income is comprised of net income (loss) and all changes to stockholders' equity (deficit), except those related to investments by stockholders, changes in paid-in capital and distribution to owners. In accordance with FASB ASC Topic 220 "“Comprehensive Income,"” comprehensive income consists of net income and other gains and losses affecting stockholder's equity that are excluded from net income, such as unrealized gains and losses on investments available for sale, foreign currency translation gains and losses and minimum pension liability. Since inception other comprehensive income has consisted of translation gains and losses.

Mineral properties

All exploration expenditures are expensed as incurred. Costs of acquisition and option costs of mineral rights are capitalized upon acquisition. Mine development costs incurred to develop new ore deposits, to expand the capacity of mines or to develop mine areas substantially in advance of production are also capitalized once proven and probable reserves exist, and the property is determined to be a commercially mineable property. Costs incurred to maintain current production or to maintain assets on a standby basis are charged to operations. If the Company does not continue with exploration after the completion of the feasibility study, the cost of mineral rights will be expensed at that time. Costs of abandoned projects, including related property and equipment costs, are charged to mining costs. To determine if these costs are in excess of their recoverable amount, periodic evaluations of the carrying value of capitalized costs and any related property and equipment costs are performed. These evaluations are based upon expected future cash flows and/or estimated salvage value.

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

~~2. SIGNIFICANT~~for ~~ACCOUNTING~~the ~~POLICIES~~three ~~continued~~months ended August 31, 2015

SIGNIFICANT ACCOUNTING POLICIES continued

Fair Value of Financial Instruments

The Company adopted FASB ASC 820-Fair Value Measurements and Disclosures, for assets and liabilities measured at fair value on a recurring basis. ASC 820 establishes a common definition for fair value to be applied to existing generally accepted accounting principles that require the use of fair value measurements establishes a framework for measuring fair value and expands disclosure about such fair value measurements. The adoption of ASC 820 did not have an impact on the Company'’s financial position or operating results, but did expand certain disclosures. ASC 820 defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Additionally, ASC 820 requires the use of valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs. These inputs are prioritized below:

Level 1: Observable inputs such as quoted market prices in active markets for identical assets or liabilities

Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data

Level 3: Unobservable inputs for which there is little or no market data, which require the use of the reporting entity'’s own assumptions.

The Company did not have any Level 2 or Level 3 assets or liabilities as of ~~February~~August 2831, 2015.

The Company discloses the estimated fair values for all financial instruments for which it is practicable to estimate fair value. As of the date of the financial statements, the fair value short-term financial instruments including prepaid, and accounts payable and accrued expenses, approximates book value due to their short-term duration.

Basic and diluted loss per share

Basic net earnings (loss) per common share are computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted net earnings (loss) per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents.

Income taxes

Income taxes are accounted for in accordance with the provisions of FASB ASC 740, Accounting for Income Taxes. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amounts expected to be realized.

Foreign Currency Translation and Transactions

The Company's functional currency is US dollars. Foreign currency balances are translated into US dollars as follows: Monetary assets and liabilities are translated at the period-end exchange rate. Non-monetary assets are translated at the rate of exchange in effect at their acquisition, unless such assets are carried at market or nominal value, in which case they are translated at the period-end exchange rate. Revenue and expense items are translated at the average exchange rate for the period. Foreign exchange gains and losses in the period are included in operations. The assets and liabilities arising from these operations are translated at current exchange rates and related revenues and expenses at the exchange rates in effect at the time the revenue or expense is incurred. Resulting translation adjustments, if material, are accumulated as a separate component of accumulated other comprehensive income in the statement of stockholders 'deficit while foreign currency transaction gains and losses are included in operations.

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

~~2. SIGNIFICANT~~for ~~ACCOUNTING~~the ~~POLICIES~~three ~~continued~~months ended August 31, 2015

SIGNIFICANT ACCOUNTING POLICIES continued

Convertible debt

The Company reviews the terms of convertible debt and equity instruments to determine whether there are conversion features or embedded derivative instruments including embedded conversion options that are required to be bifurcated and accounted for separately as a derivative financial instrument. In circumstances where the convertible instrument contains more than one embedded derivative instrument, including conversion options that are required to be bifurcated, the bifurcated derivative instruments are accounted for as a single compound instrument. Also, in connection with the sale of convertible debt and equity instruments, the Company may issue free standing warrants that may, depending on their terms, be accounted for as derivative instrument liabilities, rather than as equity. When convertible debt or equity instruments contain embedded derivative instruments that are to be bifurcated and accounted for separately, the total proceeds allocated to the convertible host instruments are first allocated to the fair value of all the bifurcated derivative instruments. The remaining proceeds, if any, are then allocated to the convertible instruments themselves, usually resulting in those instruments being recorded at a discount from their face amount. When the Company issues debt securities, which bear interest at rates that are lower than market rates, the Company recognizes a discount, which is offset against the carrying value of the debt. Such discount from the face value of the debt, together with the stated interest on the instrument, is amortized over the life of the instrument through periodic charges to income. In addition, certain conversion features are recognized as beneficial conversion features to the extent the conversion price as defined in the convertible note is less than the closing stock price on the issuance of the convertible notes. Fees incurred in the placement of the convertible notes are deferred and recognized over the life of the debt agreement as an adjustment to interest expense using the interest method.

GOING CONCERN

In the course of the Company'’s exploration activities, the Company has sustained losses and expects such losses to continue unless and until the Company can achieve net operating revenues. Future issuances of the Company'’s equity or debt securities will be required in order for the Company to continue to finance its operations and continue as a going concern. The Company currently has no revenue from operations and has incurred cumulative net losses of $3,~~851~~999,~~703~~075 since its inception. The Company'’s financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of business. Realization values may be substantially different from carrying values as shown and the Company'’s financial statements do not include any adjustments relating to the recoverability or classification of recorded asset amounts or the amount and classification of liabilities that might be necessary if the Company is unable to continue as a going concern.

~~MINERAL~~RESOURCE PROPERTIES

On April 6, 2010, the Company counter-signed an offer for joint venture-earn-in to option several mining concessions in the Department of Bolivar, Republic of Colombia. Pursuant to various stages of due diligence it was determined that the best way of obtaining title to the various target mineral properties was to enter into new agreements. On November 15, 2010 the Company entered into four agreements. The terms of the new agreements allowed for the Company to acquire an 80% interest in four mining concessions. The agreements were amended on April 18, 2011. However, the Company was unable to make the October 1, 2011 payment under the amended formula. On March 1, 2012 the Company amended the acquisition agreements again on a basis of reducing the number of properties from 4 to 2 and reducing the payment schedule. A summary of the terms and ongoing payment obligations are as follows:

Cash payments:

1. ~~$5,000 as an initial option payment;~~

2. $~~100~~5,000 onas oran ~~before~~initial ~~January~~option ~~31, 2011 (paid)~~payment;

32. ~~$150,000 on or before March 31, 2011 (amended), (paid), (previously February 28, 2011);~~

4. $50100,000 on ~~April 18, 2011 (amended), (paid) (previously $800,000 on~~ or before ~~March~~January 31, 2011 (paid);

53. $450,000 every six months starting on July 1, 2012 (previously $900,000 every six months starting October 1, 2011, of which the Company may pay one-half of issuing restricted common shares to the vendor at a 10-day average trading price per amendment on April 18, 2011), (previously $800,000 every six months thereafter starting on June 1, 2011).

$150,000 on or before March 31, 2011 (amended), (paid), (previously February 28, 2011);

$50,000 on April 18, 2011 (amended), (paid) (previously $800,000 on or before March 31, 2011);

$450,000 every six months starting on July 1, 2012 (previously $900,000 every six months starting October 1, 2011, of which the Company may pay one-half of issuing restricted common shares to the vendor at a 10-day average trading price per amendment on April 18, 2011), (previously $800,000 every six months thereafter starting on June 1, 2011).

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

for the three months ended August 31, 2015

~~MINERAL~~RESOURCE PROPERTIES continued

Share issuances:

1. ~~24 million shares on or before March 31, 2011 (issued in March 2011)~~

2.24 10 million shares on or before March 31, ~~2012,~~2011 (~~discontinued~~issued ~~under~~in March ~~1, 2012 amendment~~2011) ~~and~~

32. ~~10 million shares on or before December 31, 2012 (discontinued under March 1, 2012 amendment).~~

10 million shares on or before March 31, 2012, (discontinued under March 1, 2012 amendment) and

10 million shares on or before December 31, 2012 (discontinued under March 1, 2012 amendment).

The Company paid a total of $350,000 to independent third parties for consulting services in relation to the signing of the option agreements. The Company incurred a cost of $100,000 paid to a person in the United States for the initial introduction of the mineral concessions and $250,000 paid to some concession holders as the initial payments to pursue an option agreement.

InThe ~~May of 2012 the~~ Company ~~entered~~has ~~into~~decided annot ~~agreement~~ to ~~develop~~pursue athese ~~mining~~properties ~~concession~~and inhas ~~Peru.~~written ~~The~~off ~~Company~~the ~~can~~costs ~~earn a 30% interest by expenditures~~ of ~~$250,000~~acquisition ~~and a further 40% by expenditures~~ of $160,~~250,~~000 ~~within~~for athe ~~period~~year ~~ending~~ended ~~on December 31, 2014. The vendors have a 3% net smelter return. The Company has incurred expenditures of $75,000 at~~ May 31, ~~2014~~2015.

5In May of 2012 the Company entered into an agreement to develop a mining concession in Peru. ~~LOANS~~ ~~PAYABLE~~The Company can earn a 30% interest by expenditures of $250,000 and a further 40% by expenditures of $1,250,000. within a period ending on December 31, 2014. The vendors have a 3% net smelter return. The Company has incurred expenditures of $75,000 at May 31, 2014.

The Company has ~~loans~~decided ~~payable~~not to ~~various~~pursue ~~independent~~these ~~third~~properties ~~parties~~and onhas ~~the~~reversed ~~basis~~accrued ofexploration ~~being~~costs ~~unsecured~~of $75,000 ~~payable~~as ~~on demand and bearing interest~~ at ~~the~~May ~~rate~~31, ~~of 10% per annum~~2015.

	February 28, 2015		May 31, 2014
$	774,288	$	698,366

Pursuant to agreements reached with Nations Oil & Gas, LLC. ("Nations") to provide feed stock and assist in acquiring land for building of a terminal, Nations was issued 20,000,000 restricted shares of the Company for a total value of $10,000.

LOANS PAYABLE

The Company has loans payable to various independent third parties on the basis of being unsecured, payable on demand and bearing interest at the rate of 15% per annum.


August 31, 2015		May 31, 2015
$818,221		$794,549

CONVERTIBLE LOANS

The Company has concluded agreements to convert a portion of loans payable into 10% convertible promissory notes on the basis that the principal balance and unpaid interest at the rate of 15% per annum be convertible into shares of the Company's restricted common stock at a conversion price of $0.0075 per share for a total of $~~149~~159,~~671~~411, at a conversion price of $0.0025 per share for a total of $~~528~~568,~~237~~131 and at a conversion price of $0.0005 per share for a total of $~~128~~143,~~300~~124. The holder is limited to convert no more than 4.99% of the issued and outstanding common stock at the time of conversion. All of the loans were for cash advances to the Company.

		February 28, 2015		May 31, 2014
		August 31, 2015		May 31, 2015
Balance, at beginning of period	$	~~792~~846,~~638~~175	$	~~714~~792,~~794~~638
Convertible debt additions		-		~~96,795~~-
Accrued interest		5224,~~820~~490		9792,~~049~~787
		845,458		908,638
		870,665		885,425
Converted into shares		~~(39,250)~~-		(~~116~~39,~~000~~250)
Balance, end of period	$	~~806~~870,~~208~~665	$	~~792~~846,~~638~~175
Weighted average conversion price	$	0.~~0017~~0016	$	0.~~0018~~0016
Number of shares issuable		~~487~~534,~~851~~754,~~683~~495		~~388~~517,~~231~~361,~~160~~836

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

for the three months ended August 31, 2015

CAPITAL STOCK

Common Stock

The company issued to the founders 10,000,000 common shares of stock for $1,000. On May 20, 2009, the Company completed a 6-for-1 forward stock split (the Forward Split”) of the Company’s common stock in the form of a stock dividend. All share and per share information has been retroactively adjusted to reflect the Forward Split. The par value of the Company’s common stock was unchanged by the Forward Split.

On October 14, 2010, the Company increased its total authorized shares of common stock from 75,000,000 to 250,000,000, par value $0.001 per share.

On June 10, 2010 the Company issued 600,000 restricted shares to two parties for services at a value of $0.13 per share.

On August 17, 2010 the Company issued 3,600,000 restricted shares at $0.01 each pursuant to an assignment of debt dated October 31, 2009.

On August 18, 2010 the Company issued 6,000,000 restricted shares at $0.01 each pursuant to the retirement of debt as at February 17, 2010.

On March 8, 2011 the Company issued 24,000,000 restricted shares at $0.015 each pursuant to the acquisition of mineral properties.

On March 8, 2011 the Company issued 46,450,000 restricted shares at $0.0075 each to fourteen parties pursuant to the exercise of convertible debt.

On March 28, 2011 the Company issued 5,000,000 warrants at $0.10 each for cash consideration of $500,000. The warrants may be exercised to purchase 5,000,000 shares at $1.00 each until December 31, 2012 or may be surrendered for the receipt of 2,500,000 restricted shares.

On August 23, 2011 the Company issued 550,000 restricted shares at $0.0075 each to two parties pursuant to the exercise of convertible debt.

On February 19, 2012 the Company issued 2,700,000 restricted shares at $0.0075 each to three parties pursuant to the exercise of convertible debt.

On July 6, 2012 the Company issued 13,500,000 restricted shares at $0.0075 each to four parties pursuant to the exercise of convertible debt.

On March 15, 2013 the Company issued 7,000,000 restricted shares at $0.0075 each to two parties pursuant to the exercise of convertible debt.

On March 18, 2013 the Company issued 8,500,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

On March 19, 2013 the Company issued 8,000,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

On March 20, 2013 the Company issued 8,000,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

On March 21, 2013 the Company issued 9,000,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

On March 22, 2013 the Company issued 10,000,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

for the three months ended August 31, 2015

CAPITAL STOCK continued

On March 25, 2013 the Company issued 9,000,000 restricted shares at $0.0075 each to two parties pursuant to the exercise of convertible debt.

On March 26, 2013 the Company issued 10,000,000 restricted shares at $0.0075 each to two parties pursuant to the exercise of convertible debt.

On March 27, 2013 the Company issued 11,000,000 restricted shares at $0.0075 each to three parties pursuant to the exercise of convertible debt.

On March 28, 2013 the Company issued 7,500,000 restricted shares at $0.0075 each to one party pursuant to the exercise of convertible debt.

On June 1, 2013 the Company issued 10,000,000 restricted shares at $0.0025 each to two parties pursuant to the exercise of convertible debt.

On June 17, 2013 the Company issued 1,000,000 restricted shares at $0.0025 each to one party pursuant to the exercise of convertible debt.

On August 17, 2013 the Company issued 5,000,000 restricted shares at $0.0025 each to one party pursuant to the exercise of convertible debt.

On January 24, 2014 the Company issued 13,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On February 24, 2014 the Company issued 18,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On February 27, 2014 the Company issued 11,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On March 5, 2014 the Company issued 13,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On March 8, 2014 the Company issued 13,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On April 1, 2014 the Company issued 15,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On April 4, 2014 the Company issued 11,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On April 15, 2014 the Company issued 15,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On April 24, 2014 the Company issued 15,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On May 8, 2014 the Company issued 12,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On May 15, 2014 the Company issued 16,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On June 2, 2014 the Company issued 15,500,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

Bakken Energy Corp. (formerly Orofino Gold Corp.)

Notes to the Financial Statements

for the three months ended August 31, 2015

CAPITAL STOCK continued

On June 2, 2014 the Company issued 15,500,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On June 24, 2014 the Company issued 20,000,000 restricted shares at $0.0005 each to one party pursuant to the acquisition of resource property.

On June 24, 2014 the Company issued 14,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On June 2, 2014 the Company issued 13,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On June 2, 2014 the Company issued 20,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

On August 25, 2014 the Company issued 35,539,999 restricted shares at $0.0005 each to shareholders on record as of April 15, 2014 pursuant to a 10% stock dividend.

On September 29, 2014 the Company issued 16,000,000 restricted shares at $0.0005 each to one party pursuant to the exercise of convertible debt.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

~~FORWARD~~Forward ~~LOOKING~~Looking ~~STATEMENTS~~Statements

~~The~~This ~~information~~section inof this ~~discussion~~report ~~contains~~includes ~~forward-looking~~a ~~statements~~number ~~within the meaning~~ of ~~Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These~~ forward-looking statements ~~involve~~that ~~risks~~reflect ~~and~~our ~~uncertainties,~~current ~~including~~views ~~statements~~with ~~regarding~~respect ~~Bakken~~to ~~Energy~~future ~~Corp.~~events ~~(the "Company") capital needs, business strategy~~ and ~~expectations~~financial performance. ~~Any statements contained herein that are not statements of historical facts may be deemed to be forward~~Forward-looking statements. Inare ~~some~~often ~~cases,~~identified ~~you can identify forward-looking statements~~ by ~~terminology~~words ~~such~~like: ~~as "may"~~believe, ~~"will"~~expect, ~~"should"~~estimate, ~~"expect"~~anticipate, ~~"plan", "~~intend", ~~"anticipate",~~project ~~"believe",~~and ~~"estimate",~~similar ~~"predict"~~expressions, ~~"potential"~~ or ~~"continue"~~words which, ~~the~~by ~~negative~~their ofnature, ~~such~~refer ~~terms~~to orfuture ~~other comparable terminology~~events. ~~Actual~~You ~~events~~should ornot ~~results~~place ~~may~~undue ~~differ~~certainty ~~materially.~~on ~~In evaluating~~ these forward-looking statements, ~~you~~which ~~should~~apply ~~consider~~only ~~various~~as ~~factors,~~of ~~including~~ the ~~risks~~date ~~outlined~~of ~~below,~~our ~~and,~~report. ~~from~~These ~~time~~forward-looking tostatements ~~time,~~are insubject ~~other~~to ~~reports~~certain ~~the~~risks ~~Company~~and ~~files~~uncertainties ~~with~~that ~~the~~could ~~SEC. These factors may~~ cause ~~the Company's~~ actual results to differ materially from ~~any~~historical ~~forward-looking~~results ~~statement. The Company disclaims any obligation to publicly update these statements,~~ or ~~disclose~~our ~~any difference between its actual results and those reflected in these statements~~predictions. ~~The~~We ~~information~~are ~~constitutes~~a ~~forward-looking~~development ~~statements~~stage ~~within~~company ~~the~~and ~~meaning~~have ofnot ~~the~~developed ~~Private~~significant ~~Securities~~revenue ~~Litigation~~to ~~Reform~~date ~~Act~~to ofattain ~~1995~~profitability.

AsResults ~~used~~of inOperations this quarterly report, the terms "we," "us," "our," and "our company" mean Bakken Energy Corp. unless otherwise indicated. All dollar amounts in this quarterly report are in U.S. dollars unless otherwise stated.

~~OVERVIEW~~We are still in the development stage and have generated minimum revenues to date.

~~Bakken~~We ~~Energy~~incurred ~~Corp.~~operating ~~("Orofino"~~expenses orof $66,819 for the ~~"Company")~~three ~~was~~months ~~organized~~ended ~~under~~August ~~the~~31, ~~laws~~2015. ofThese ~~the~~expenses ~~State~~consisted of ~~Nevada~~general onoperating ~~April~~expenses ~~12,~~and ~~2005.~~professional ~~Orofino~~fees isincurred ain ~~development~~connection ~~stage~~with ~~company~~the day to day operation of our business and ~~has~~the apreparation ~~limited~~and ~~history~~filing of ~~operations.~~our ~~The~~periodic ~~authorized~~reports. ~~share~~Our ~~capital~~net ofloss for the ~~Company~~three ismonths ~~250~~ending August 31,~~000~~ 2014 was $60,~~000~~406. ~~common~~The ~~shares~~main expense is interest expense of $46,495.

~~Bakken~~Liquidity Energy Corp. started operations on September 1, 2007 under the "Clean `N Shine" name. Prior to this, the company had no operations from inception (April 12, 2005) to November 30, 2007. On September 1, 2007, Orofino began operating as a full service automotive car wash, cleaning, detailing, and ~~polishing~~Capital ~~business. The company has generated revenues from cleaning and car care services specifically, automotive upholstery and leather cleaning and automotive interior and exterior cleaning and washing.~~Resources

OnOur ~~May~~cash ~~20,~~balance ~~2009,~~at ~~the~~August ~~Company~~31, ~~completed~~2015 awas ~~forward~~$200 ~~stock~~with ~~split~~outstanding ofliabilities ~~its common stock on a ratio~~ of ~~six shares for every one share of the Company~~$2,164,722. ~~The~~Management ~~record~~believes ~~date~~our ofcurrent ~~the~~cash ~~forward~~balance ~~stock~~will ~~split~~be ~~was~~unable ~~May~~to ~~15,~~sustain ~~2009,~~operations for the ~~payment~~next ~~date~~12 ofmonths. ~~the~~We ~~forward~~will ~~split~~be ~~was~~forced ~~May~~to ~~19,~~raise ~~2009,~~additional ~~and~~funds ~~the~~by ~~ex-dividend~~issuing ~~date~~new ofdebt ~~the~~or ~~forward~~equity ~~split~~securities ~~was~~or ~~May 20, 2009~~otherwise. If ~~The~~we ~~forward~~fail ~~split~~to ~~was~~raise ~~payable~~sufficient ascapital awhen ~~dividend~~needed, ~~thereby~~we ~~requiring~~will nonot ~~action~~be byable ~~shareholders, nor any amendment~~ to ~~the~~complete ~~articles~~our ofbusiness ~~incorporation of the Company~~plan. AsWe are a ~~result~~developing ofcompany ~~the~~and ~~forward~~our ~~split,~~revenue ~~the~~has ~~post~~not ~~forward~~been ~~split~~sufficient ~~number~~to ~~off~~attain ~~issued and outstanding shares was 60,000,000~~profitability.

~~There are no preferred shares authorized.~~ The Company has ~~issued~~been nofunded ~~preferred~~by ~~shares.~~way ~~The~~of ~~Company has no stock option plan, warrants or other dilutive securities~~loans. ~~We are contemplating raising additional capital to finance our business. No final decisions regarding the financing have been made at this time.~~

On December 5, 2009, the Company passed a resolution to change its name from SNT Cleaning Inc. to Orofino Gold Corp. On March 3, 2014 the Company passed a resolution to change its name to Bakken Energy Corp. On December 5, 2009, the Company accepted the resignation of its President, Secretary and director, Robert Denman, and appointed John Martin as a Director of the Company, effective as of equal date. On June 6, 2010 John Martin resigned and Shi Long Ning, a resident of China, was appointed as a director. On February 28, 2011, Ary Pernett, a resident of Colombia; Alfonso Calderon, also a resident of Colombia and Dr, Hans Bocker, a resident of Switzerland joined the board. On January 7, 2011, Salvaldor Rivero, a resident of Germany, was appointed to the board. On December 23, 2011 Ary Pernett resigned. Mr. Pernett was the Company’s main field representative in Colombia for many years from 2010 to 2014. On May 15, 2012 Alfonso Calderon resigned and on June 25, 2012, Salvaldor Rivero resigned. On May 15, 2012 Shi Long became CEO. On April 2, 2014 Shi Long Ning assumed the roles of president and chairman. Michael James is taking over as CEO. Shi Long remains acting CFO, acting CEO and president.

The Company has offices in China and Colombia.

China:

93-B342 Xinliu Street

Zhong Shan District,

Dalian 116001, China

Colombia:

Carrera 40, No.10A-65,

Barrio El Poblado

Medellin - Colombia

INFORMATION ON DIRECTORS AND OFFICERS:

NING SHI LONG

Mr. Long is a Professional Software Engineer who has led an experienced team in developing and operating specified information and data systems the last 12 years. His company has designed and successfully commissioned over 20 Software installations at local and national organizations

At Dalian Runbest Technology Development Co. Ltd. he was responsible for the entire design and development of key technology and coding for development of public packaging of a proprietary software technology. The clients of the company are concerned with the fields of finance, government, sci-tech education, medical, communication & energy, manufacturing and public utility.

He was responsible for project budgeting and the successful launching of major projects within financial guidelines as per the corporate policies of the responsible ministry.

ShanDong University - Information management and information system

Proficient in Chinese, English, French and Japanese languages.

VC++ | proficient | 12 months

Oracle\DB2 | proficient | 48 months

Powerbuilder\Sqlserver\Powerdesigner | expert | 84 months Java\Asp\Ms Project | average | 6 months

Ning Shi Long is a hands on leader and is relied-upon for Leadership and financial control and the company's direct link to large Chinese/Japanese investment companies and high net worth individuals. Ning Long is also proficient in handling data information systems to provide information to investors and financial institutions.

ARY PERNETT

EDUCATION

1973: Ingeniero de Minas y Metalurgia - Universidad Nacional de Colombia - Medellin (Mining and Metallurgy Engineer- National University of Colombia)

1977: Course de Reciclage en Geologie - Ecole National Superieur de Geologie - Nancy, France (Actualization in Geology - National School of Geology - Nancy - France)

1978: Docteur de L'institute National de Lorraine - Nancy - France (Fluid Inclusions in Gour Negre - State of Gare in France)

WORK HISTORY

1968 - 1970: Assistant in Petroleum Lab, National University of Colombia, Medellin-Colombia

1972 - 1976: Ministery of Mines of Colombia, as Engineer in Technical Assistance for Miners, (Choco State); Director of Marmato Mines, (Maramto, Caldas State) and Mining Inspecter, (Frontino Gold Mines in Segovia, Antioquia State)

1978 - 1981: National Institute of Geology of Colombia, INGEOMINAS, as field geologist working in the Mining Map of Antioquia –

1982- 1984: Carbones de Uraba (Coals of Uraba, a coal Enterprise exploring for Coal in Uraba area, Antioquia State, Colombia

1985 -1992: Personal activity in mining; explotation in alluvial deposits and assistance for small miners

1993 - 2000: CDI Gold Company in the Zancudo Mine, Titiribi, Antioquia State, Colombia, as partner, consultant, and at the ent as resident engineer in the mine site.

2000 - 2010: Personal Business in wood home construction, Cars, Computers, in Mexico

PUBLICATIONS

1980: Mining Map of the State of Antioquia - Ingeominas - Medellin – Colombia

1980: Memory of the Mining Map of the Antioquia State - Ingeominas - Medellin

LANGUAGES

Spanish: 100%

French: 70%

English: 50%

DR. HANS BOCKER

Prof. Bocker lives in Switzerland. He holds two professorships in business administration and applies his dual education in technology and economics/management in many areas. As a cosmopolitan, he works as a consultant, author, finance and business journalist, columnist and IR specialist. He has for decades devoted himself to precious metals and the mining industry. His assignments and interests have taken him to over 60 countries, including many in the Middle and Far East, Africa, Europe, North and South America.

To date, the number of his publications exceeds the 2000 mark. 150 of which are academic. The majority of his articles and papers have been published by the Borsen-Zeitung (11 years of collaboration), the Frankfurter Allgemeine (2 years), Finance and Wirtschaft (over 20 years) and Die Welt (1 year). He can be found under "B" in all additions of: Who's Who in the World" from 1991 to 2009. He teaches at two elite business schools, works in public and international relations, advises a number of commodity and mining companies and is a member of Rotary International.

MICHAEL JAMES

Mr. James is a registered Professional Geologist in Oregon and Colombia, South America where he lived and practiced for 20 years (1979-99). He has been practicing geology for 35 years and is bilingual English and Spanish. His experience in Colombia involved working with the Engineering Geology in the planning of large scale hydroelectric projects and a transportation corridor through the Central Andes Cordillera before joining the Colombian Government Geological Service (INGEOMINAS) in extensive tectonic and lithology mapping campaigns. Later, there, he was part of a team dedicated to evaluation of geologic risks of many urban areas and the presentation of multi-faceted solutions designed in multidisciplinary coordination groups. After leaving government service he carried out several precious and strategic metal resource evaluations in several area of Colombia.

LABOR FORCE

Over the quarter ending February 28, 2015 the company has employed casual part-time labor, as required.

MINING CONCESSIONS

Cash payments:

1. $5,000 as an initial option payment;

2. $100,000 on or before January 31, 2011

3. $150,000 on or before February 28, 2011;

4. $800,000 on or before March 31, 2011;

5. $800,000 every six months thereafter starting on June 1, 2011

Share issuances:

1. 24 million shares on or before March 31, 2011

2. 10 million shares on or before March 31, 2012, and

3. 10 million shares on or before December 31, 2012.

The Company paid the sum of $350,000 to third parties for consulting services in relation to the signing of the option agreements.

The Sur de Bolivar concessions consist of four exploration licenses totaling 4,300 hectares ("ha") (plus or minus) and additional, in process exploration applications, totaling 6,244.5 ha. The concessions are located approximately 500 km NNW of Bogota (or alternatively 200 km SE of Cartagena), at the northern end of the Serrania de San Lucas, within the Municipality of Rio Viejo, Department of Bolivar. Access to the area requires 4 hours of overland travel, from the nearest national airport, along a reasonably good secondary road system. Entrance may be facilitated by the reclamation of a presently overgrown, 1000 m airstrip located within the license area. The strip is suitable for moderate-sized aircraft, flights taking approximately 50 minutes from Medellin.

The Company has decided not to pursue these properties and has written off the costs of acquisition of $60,000.

In May of 2012 the Company entered into an agreement to develop a mining concession in Peru. The Company can earn a 30% interest by expenditures of $250,000 and a further 40% by expenditures of $1,250,000 within a period ending on December 31, 2014. The vendors have a 3% net smelter return. The Company has incurred expenditures of $125,000.

The Company has decided not to pursue these properties and has reversed accrued exploration costs of $75,000.

GEOLOGY, MINERALIZATION, AND EXPLORATION POTENTIAL

REGIONAL GEOLOGY

The Serrania San Lucas, situated due south of the confluence between the rivers Cauca and Magdalena, forms an offset, northeaster-most extension of Colombia's Cordillera Central. Sparse regional geologic studies by the Ministry of Mines and Energy, through the 1970's and early 1980's have suggested that The Serrania represents a geologic extension of the northern Cordillera Central, underlain by a deformed, Paleozoicaged, metamorphic basement, intruded by Upper Jurassic-Lower Cretaceous aged, batholithic-scale plutons of tonalitic through granitic (generally dioritic to quartz dioritic) affinity, and overlain by associated high-level volcanic, pyroclastic, and derived sedimentary rocks of similar through Cretaceous age. The region exhibits offset and subdued topographic relief relative to the northern Cordillera Central due to uplift and oblique dextral movement along the Palestina and Magdalena valley fault systems. Regional lithologic contacts strike broadly north-south paralleling the Palestina system at this latitude and are of a mixed structural-stratigraphic nature. A strong north-easterly tectonic element transects the entire region, reflected by the sub-paralle alignment of numerous drainages and photogeologically-interpreted faults. A more sporadic set of east-west trending lineaments is noted to transect at least the northern portion of the Serrana. The tectonic history of this portion of Colombia is complex, and movement and reactivation along any one of these sets of structures may have a multiphase history dating from the late Jurassic through to the late Tertiary (Pliocene) and recent times.

LOCAL GEOLOGY

Ground-work to date, documents a mixed sequence of predominantly volcanic rocks of intermediate to felsic composition (including lithic and crystal tuffs of fine to medium grain-size, and common coarser agglomeratic fragmentals). Fine grained cherty "sinters", coarse, possible phreatic-style breccias (fine matrix-supported, very angular clasts), and local occurrences of siliciclastic sediments, are also present. These rocks overly gneissic basement, and\or are intruded by plutons of granodioritic composition exhibiting medium to coarse-grained, equigranular intergrowths of quartz, mixed feldspars, and a mafic phase (chlorite after amphibole). Local shearing has imposed a "pseudo-gneissic" appearance to the rock manifesting as a lineation observed within the mafic phase. The relationship between the intrusive rocks and the cover sequence is not understood, and is presently under investigation.

Observed structural orientations appear to reflect regional structural trends with textures in the granitoids and documented fault structures striking, north-south, and additional faulting striking NE-SW. Notably the volcanic sequence generally lacks a penetrative fabric, and is characterized by a brittle fracture and orthogonally jointed style of high-level deformation.

Recent re-thinking of the geology of at least the northern San Lucas area superimposes an additional Tertiary magmatic even upon the region. Although not yet strongly evidenced, it attempts to account for the widespread occurrence of relatively flat-lying and undeformed, highlevel volcanic\pyroclastic lithotypes, as described above, which may lie directly upon deformed in intrusive\gneissic basement and lack obvious correlatives in other parts of the northern Cordillera Central.

MINERALIZATION

MINERO (small-scale miner) activity beginning in the mid-1980's, has outlined a series of rich gold occurrences, of both INSITU and local alluvial provenance, in broad N-S belt, extending CA. 50 kilometres from Norosi in the south to San Martin de Loba, on the bank of the Magdalena River, in the north. GOVERNMENT RECORDED gold production from the region, between 1987 and 1994 is CA. 1,271,000 ounces of gold, and the region is presently reporting a very high annual gold production in Colombia, averaging CA. 275,000 ounces per year since 1991. Virtually no exploration, systematic or otherwise, has been carried out in the region, by either the governmental or private sectors.

Within the license and solicitude area, numerous INSITU gold occurrences have been exposed by MINERO activity. Three zones of concentrated workings have been located within the area. These include, from north to south, 1) La Azul, 2) Culo Alzado, and 3) Buena Sena.

LA AZUL

Based upon exposures in old workings, mineralization in the La Azul area is hosted within roughly N-S striking shear structures within both the intrusive and volcanic rock-types. The majority of the previous subsurface work has excavated a series of shafts and galleries to 20 m depth over a 100 m strike length within the "pseudo-gneissic" lithology. (2010 records show depths to 37 metres and strike length of 400+ metres) Mineralized material included argillically and potassically altered and sheared intrusive hosting quartz flooded zones, and quartz with peripheral cm-scale quartz stringers. These zones host 1 to 7 percent mixed sulphides, mostly pyrite, but also including galena, sphalerite and chalcopyrite. Gold analyses reported by the owners from this material returned values in the 10's to 100's of g Au\t. Current cut-off grades used by the local miners is around 10 to 20 grams per tonne). The sulphidised granitoid hosting only minor amounts of veining returned base metal contents in the 100's of ppm, including 1% Cu. Evidence for the presence of two or three sub-parallel N-S structures hosting shearing and veining was noted in trenches to the SW of the main area of workings.

CULO ALZADO

At Culo Alzado, on the north margin of Cerro San Carlos (now Senderos de Oro), at least two low spurs are underlain by medium grained granodiorite. Broadly N-S structure is implied by N-S drifting and removal of vein material. Irregular quartz-sulphide stringers and argillic alteration are observed along the margins of the adits. Current mining activity, is extracting a 1 m wide quartz vein from a 20 m deep shaft within sheared granodiorite. The vein material contains up to 20 percent mixed sulphides, including pyrite, galena, sphalerite, and chalcopyrite. Pyritic sulphidation and argillic bleaching of the wallrocks is widespread. Laboratory analyses reveal the grade of the vein material is highly variable, ranging from 3 to 68 g Au\t (reportedly averaging about 20 g Au\t from past production). Visually the copper content of the materials extracted from the Culo Alzado adits appears to be increasing at depth, where numerous fractures filled with quartz and chalcopyrite are appearing within the granitoid host, at the expense of the lead and zinc-bearing sulphides.

BUENA SENA

Work to date reveals that the largest workings within the concessions are at Buena Sena, where extensive extraction of alluvials (up to 10, 235-style back hoes were working at one time) has taken place along the major drainages (Quebrada San Pedro, Quebrada Aguas Blancas) servicing the south flank of Cerro San Carlos and the hills immediately to the south. Most, if not all, of these source regions are within the concessions and solicitudes. Numerous underground and small open cut workings are also seen at Buena Sena, on Cerro San Carlos, and on the low hills to the south, across the alluvial workings. Some appear to be working a series (at least 10) of sub-parallel, or EN ECHELON N50-60E striking, subvertical structures hosting discrete quartz-pyrite veins to 90 cm thickness, while others have attempted to exploit clusters of anastomosed, quartz-pyrite-stringer veining which strike N20 to N45-degrees east, and tend to dip steeply to the west. An additional series of mm to cm-scale, generally sub-parallel quartz-pyrite fracture fills, which strike E-W to NW, are of widespread occurrence, but have not been exploited due to their small size.

Structural considerations based upon filed observations and LandSat image interpretations suggest the Cerro San Carlos-Buena Sena zone is contained within an east-west-striking normal (+\-oblique) fault-bound corridor, which transects the southern portion of the Western solicitude\licencia area. The corridor measures CA. 15 km E-W by 3 km N-S, and is lithologically dominated by a mixture of brittley deformed, high level volcanic-volcaniclastic protoliths, including intermediate to felsic crystal and lithic tuffs and agglomerates (locally welded), and volcanic (+/- phreatic\hydrothermal) breccias, with lessor clastic sedimentary rocktypes, which host the mineralized structures described above. The throw on the northern boundary fault (Falla Piloto) juxtaposes foliated granitoid basement to the north against the high level volcanics to the south. The southern boundary fault (Falla Los Delfines) is of some-what lessor magnitude, with volcanics (and mineralization) being noted in both the hanging wall and the footwall. Additional zones of alteration have been recorded within this corridor, to the west of the solicitude block, and are presently being investigated. This corridor is noted to offset, as well as to be offset by the dominant, locally reactivated, NE trends of the region.

Field investigations suggest that, within the E-W corridor, strong structural control with respect to mineralization is exerted by a N45E-striking, sinistral shear zone and associated splays faults. Along this structure, a continuous zone of alteration and mineralization is observed which measures a minimum of 2 km along strike by 400 m in width, and is geologically open along strike (both ends) and broadly to the SE. This structure includes a core zone defined by the presence of artisanal workings, which measures some 1400 m by up to 300 m. Within the main corridor argillic +\- sericitic wallrock alteration accompanied by silicification and pyritic sulphidation are pervasive, with concentrations of disseminated pyrite reaching 8 to 10%, and quartz vein densities up to 10 to 15% over 10's of square metres, in the well mineralized zones.

Geochemical sampling and mapping reveal; 1) gold mineralization is widespread, with virtually every rock type and every structural orientation hosting veining returning anomalous gold values, 2) increasing gold values exhibit positive correlation with enhanced quartz veining and pyritic sulphidation, 3) gold content tends to show positive, although not necessarily linear correlation, with values in silver, copper, lead, zinc and arsenic +\- antimony, and 4) disseminated pyritic sulfidation alone does not carry gold grades.

EXPLORATION AND RESOURCE POTENTIAL

Reconnaissance covering the northern San Lucas region, documents very clearly the dominant structural trends, as outlined above. Additionally, numerous km-scale features, including circular plutonic clusters, and regional argillic and Fe-oxide alteration patterns are observed. Ground reconnaissance to date, implies the potential presence of an as yet poorly recognized metallogenic domain spanning 1000's of square kilometers, which is only recently surfacing, from rather spectacular artisanal gold production. The region is virtually unexplored from a modern metallogenic standpoint, but based upon work to date, it demonstrates very good potential for the ECONOMIC occurrence of;

1) large-scale high level, volcanic-hosted epithermal gold deposits (E.G. quartz-sericite-adularia(?)) systems, as suggested at Buena Sena,

2) porphyry-style copper+\- gold systems as seen at Culo Alzado, and observed in, regional mineralogical and alteration patterns, and,

3) high-grade, mesothermal, "Segovia"-style gold vein systems, as evidenced at La Azul

Results from recent sampling and assaying will be released when a compilation of the data is completed.

RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED FEBRUARY 28, 2015

We incurred operating expenses of $166,039 for the nine months ended February 28, 2015. These expenses consisted of general operating expenses incurred in connection with day to day operation of our business.

LIQUIDITY AND FINANCIAL CONDITION

Our cash balance at February 28, 2015 was $500 with outstanding liabilities of $2,017,650.

Loans payable

The Company has loans payable to various independent third parties on the basis of being unsecured, payable on demand and bearing interest at the rate of 15% per annum.

	February 28, 2015		May 31, 2014
August 31, 2015		May 31, 2015
$	774,288	$	698,366
$818,221		$794,549

~~Convertible~~CONVERTIBLE ~~loans~~LOANS

		February 28, 2015		May 31, 2014
		August 31, 2015		May 31, 2015
Balance, at beginning of period	$	~~792~~846,~~638~~175	$	~~714~~792,~~794~~638
Convertible debt additions		-		~~96,795~~-
Accrued interest		5224,~~820~~490		9792,~~049~~787
		845,458		908,638
		870,665		885,425
Converted into shares		~~(39,250)~~-		(~~116~~39,~~000~~250)
Balance, end of period	$	~~806~~870,~~208~~665	$	~~792~~846,~~638~~175
Weighted average conversion price	$	0.~~0017~~0016	$	0.~~0018~~0016
Number of shares issuable		~~487~~534,~~851~~754,~~683~~495		~~388~~517,~~231~~361,~~160~~836

~~The~~“Restricted ~~Company has been funded by way of loans at an annual rate of interest of 10%~~Securities. OnThis ~~January~~Note 18is, ~~2011~~and the ~~Company~~shares ~~issued~~of ~~convertible~~Common ~~debentures~~Stock toissuable ~~debt~~upon ~~holders~~conversion tohereof ~~issue~~shall ~~shares~~be, at"restricted ~~$0.0075~~securities" ~~per~~within ~~share.~~the Ameaning ~~total~~ of ~~some~~SEC ~~100,000,000~~Rule ~~shares~~144 ~~are~~promulgated ~~issuable~~under atthe ~~$0.0075~~Securities ~~each~~Act toof ~~repay~~1933 ~~debt~~(the of"1933 ~~some $752,572~~Act"). AHolder ~~total~~acknowledges ofand ~~$623~~agrees ~~010~~that ~~being~~it ~~loans~~is ~~payable~~acquiring atthis ~~July~~Note 18and, ~~2010~~upon ~~was~~conversion, ~~converted and~~ the ~~balance~~shares of ~~$129~~Common Stock,~~562~~ ~~was~~without ~~loans~~a ~~payable~~view to ~~January~~the ~~18,~~public ~~2011.~~distribution ~~Pursuant~~or toresale ~~the terms~~ of the ~~convertible~~Note ~~notes~~or ~~any~~such shares ~~issued~~in ~~will~~violation beof ~~restricted~~applicable ~~shares~~federal ~~according~~or tostate ~~the~~securities ~~following paragraphs included in the terms of the agreement:~~laws.

2014

~~"Restricted~~No ~~Securities~~Registration. This Note ishas not been, and the shares of Common Stock issuable upon conversion hereof ~~shall~~will not be, ~~"restricted~~registered ~~securities"~~under ~~within~~ the ~~meaning~~1933 ofAct ~~SEC~~or ~~Rule 144 promulgated~~ under the ~~Securities~~securities ~~Act~~laws of ~~1933~~any ~~(the~~other ~~"1933~~jurisdiction; ~~Act").~~and therefore, Holder ~~acknowledges~~must ~~and~~be ~~agrees~~able ~~that~~to ithold isthe ~~acquiring~~Note ~~this~~or ~~Note~~the ~~and~~shares indefinitely without any transfer, ~~upon~~sale ~~conversion~~or other disposition, unless they are subsequently registered under the ~~shares~~1933 Act and under the securities laws of ~~Common~~other ~~Stock~~applicable jurisdictions or, ~~without~~in athe ~~view~~opinion of counsel to the ~~public~~Company, ~~distribution~~registration oris ~~resale~~not ofrequired ~~the~~under ~~Note~~such Act or ~~such~~laws ~~shares~~as inthe ~~violation~~result of ~~applicable~~an ~~federal~~available orexemption ~~state~~from ~~securities laws~~registration.”

No Registration. This Note has not been, and the shares of Common Stock issuable upon conversion hereof will not be, registered under the 1933 Act or under the securities laws of any other jurisdiction; and therefore, Holder must be able to hold the Note or the shares indefinitely without any transfer, sale or other disposition, unless they are subsequently registered under the 1933 Act and under the securities laws of other applicable jurisdictions or, in the opinion of counsel to the Company, registration is not required under such Act or laws as the result of an available exemption from registration."

Based on our current operating plan, we do not expect to generate revenue that is sufficient to cover our expenses for at least the next year. In addition, we do not have sufficient cash and cash equivalents to execute our operations for the next year. We will need to obtain additional financing to operate our business for the next twelve months. We will raise the capital necessary to fund our business through a private placement and public offering of our common stock. Additional financing, whether through public or private equity or debt financing, arrangements with shareholders or other sources to fund operations, may not be available, or if available, may be on terms unacceptable to us. Our ability to maintain sufficient liquidity is dependent on our ability to raise additional capital. If we issue additional equity securities to raise funds, the ownership percentage of our existing shareholders would be reduced. New investors may demand rights, preferences or privileges senior to those of existing holders of our common stock. Debt incurred by us would be senior to equity in the ability of debt holders to make claims on our assets. The terms of any debt issued could impose restrictions on our operations. If adequate funds are not available to satisfy either short or long-term capital requirements, our operations and liquidity could be materially adversely affected and we could be forced to cease operations.

~~OFF~~Off-~~BALANCE~~Balance ~~SHEET~~Sheet ~~ARRANGEMENTS~~Arrangements

We do not have noany off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to ~~stockholders~~investors.

~~INFLATION~~Inflation.

In the opinion of management, inflation has not had a material effect on our operations.

~~STOCK OPTIONS~~Consultants.

The Company currently has no stock option plan.

~~RESEARCH~~Research ~~AND~~and ~~DEVELOPMENT~~Development ~~EXPENDITURES~~Expenditures

We have not incurred any research or development expenditures since our incorporation.

~~PATENTS~~Patents ~~AND~~and ~~TRADEMARKS~~Trademarks.

We do not own, either legally or beneficially, any patent or trademark.

~~HOLDERS~~Holders OFof ~~OUR~~Our ~~COMMON~~Common ~~STOCK~~Stock.

As of ~~February~~August 2831, 2015, we had approximately ~~270~~274 stockholder(s) of record holding 547,439,999 shares of our common stock.

~~DIVIDENDS~~Dividends.

There are no restrictions in our articles of incorporation or bylaws that prevent us from declaring dividends. The Nevada Revised Statutes, however, do prohibit us from declaring dividends where, after giving effect to the distribution of the dividend:

1. We would not be able to pay our debts as they become due in the usual course of business; or

2. Our total assets would be less than the sum of our total liabilities plus the amount that would be needed to satisfy the rights of shareholders who have preferential rights superior to those receiving the distribution.

We have not declared any dividends and we do not plan to declare any dividends in the foreseeable future.

2115

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

The Company is not exposed to market risk related to interest rates or foreign currencies.

ITEM 4. CONTROLS AND PROCEDURES.

~~ITEM~~EVALUATION 4.OF DISCLOSURE CONTROLS AND PROCEDURES

~~EVALUATION~~As OFrequired ~~DISCLOSURE~~by ~~CONTROLS~~Rule ~~AND~~13a-15 ~~PROCEDURES~~under the Securities Exchange Act of 1934 (the "1934 Act"), as of August 31, 2015, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer (our principal executive officer) and our Chief Financial Officer (our principal financial officer), who concluded, that because of the material weakness in our internal control over financial reporting ("ICFR") described below, our disclosure controls and procedures were not effective as of August 31, 2015.

AsDisclosure ~~required~~controls byand ~~Rule~~procedures ~~13a-15~~are ~~under~~controls ~~the~~and ~~Securities~~other ~~Exchange~~procedures ~~Act~~that ofare ~~1934~~designed ~~(the~~to ~~"1934~~ensure ~~Act"),~~that asinformation ofrequired ~~February~~to ~~28,~~be ~~2015,~~disclosed wein ~~carried~~our ~~out~~reports anfiled ~~evaluation~~or ofsubmitted ~~the~~under ~~effectiveness of~~ the ~~design~~Securities ~~and~~Exchange ~~operation~~Act ofis ~~our~~recorded, ~~disclosure~~processed, ~~controls~~summarized and ~~procedures.~~reported ~~This~~within ~~evaluation~~the ~~was~~time ~~carried~~periods ~~out~~specified ~~under~~in the ~~supervision~~Securities and ~~with~~Exchange ~~the~~Commission's ~~participation~~rules ofand ~~our~~forms. ~~Chief~~Disclosure ~~Executive~~controls ~~Officer~~and ~~(our~~procedures ~~principal~~include, ~~executive~~without ~~officer)~~limitation, controls and ~~our~~procedures ~~Chief~~designed ~~Financial~~to ~~Officer~~ensure ~~(our~~that ~~principal~~information ~~financial~~required ~~officer),~~to ~~who~~be ~~concluded,~~disclosed ~~that~~in ~~because~~our ofreports ~~the~~filed ~~material~~under ~~weakness~~the inExchange ~~our~~Act ~~internal~~is ~~control~~accumulated ~~over~~and ~~financial~~communicated ~~reporting~~to ~~("ICFR")~~our ~~described below~~management, including our ~~disclosure~~principal ~~controls~~executive officer and ~~procedures~~our ~~were~~principal ~~not~~financial ~~effective~~officer, as ofappropriate, ~~February~~to ~~28,~~allow ~~2015~~timely decisions regarding required disclosure.

~~Disclosure~~INTERNAL ~~controls~~CONTROL ~~and~~OVER ~~procedures~~FINANCIAL are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the Exchange Act is accumulated and communicated to our management, including our principal executive officer and our principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.REPORTING

~~INTERNAL~~Our ~~CONTROL~~management ~~OVER~~is ~~FINANCIAL~~also ~~REPORTING~~responsible for establishing ICFR as defined in Rules 13a-15(f) and 15(d)-15(f) under the 1934 Act. Our ICFR are intended to be designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. Our ICFR are expected to include those policies and procedures that management believes are necessary that:

~~Our management is also responsible for establishing ICFR as defined in Rules 13a-15~~(fi) ~~and~~pertain ~~15(d)-15(f) under the 1934 Act. Our ICFR are intended~~ to ~~be designed to provide reasonable assurance regarding~~ the ~~reliability~~maintenance of ~~financial~~records ~~reporting~~that, ~~and the preparation of financial statements for external purposes~~ in ~~accordance~~reasonable ~~with~~detail, ~~U.S.~~accurately ~~generally~~and ~~accepted~~fairly ~~accounting~~reflect ~~principles.~~the ~~Our~~transactions ~~ICFR are expected to include those policies~~ and ~~procedures~~dispositions ~~that~~of ~~management~~the ~~believes~~assets ~~are~~of ~~necessary~~the ~~that:~~Company;

(iii) ~~pertain~~provide reasonable assurance that transactions are recorded as necessary to ~~the~~permit ~~maintenance~~preparation of ~~records~~financial ~~that,~~statements in ~~reasonable~~accordance ~~detail,~~with ~~accurately~~generally ~~and~~accepted ~~fairly~~accounting ~~reflect~~principles, ~~the~~and ~~transactions~~that receipts and ~~dispositions~~expenditures of the ~~assets~~Company are being made only in accordance with authorizations of ~~the~~management ~~Company~~and our directors; and

(iiiii) provide reasonable assurance ~~that~~regarding ~~transactions~~prevention ~~are~~or ~~recorded~~timely asdetection ~~necessary to permit preparation~~ of ~~financial~~unauthorized ~~statements in accordance with generally accepted accounting principles~~acquisition, ~~and~~use ~~that~~or ~~receipts~~disposition ~~and expenditures~~ of the Company's ~~are~~assets ~~being~~that ~~made~~could ~~only~~have ina ~~accordance~~material ~~with~~effect ~~authorizations~~on ofthe ~~management~~financial ~~and our directors; and~~statements.

~~(iii)~~Management recognizes that there are inherent limitations in the effectiveness of any system of internal control, and accordingly, even effective internal control can provide only reasonable assurance ~~regarding~~with ~~prevention~~respect orof ~~timely~~financial ~~detection~~statement ofpreparation ~~unauthorized~~and ~~acquisition,~~may ~~use~~not prevent or ~~disposition~~detect ofmisstatements. ~~the~~In ~~Company's~~addition, ~~assets~~effective ~~that~~internal ~~could~~control ~~have~~at a ~~material~~point ~~effect~~in ontime may become ineffective in future periods because of changes in conditions or due to deterioration in the ~~financial~~degree ~~statements~~of compliance with our established policies and procedures.

~~Management~~As ~~recognizes that there are inherent limitations in the effectiveness~~ of ~~any~~August ~~system of internal control~~31, ~~and accordingly~~2015, ~~even~~management ~~effective~~assessed ~~internal~~the ~~control~~effectiveness ~~can provide only reasonable assurance with respect~~ of ~~financial~~our ~~statement~~ICFR ~~preparation~~based ~~and~~on ~~may~~the ~~not~~criteria ~~prevent~~for ~~or detect misstatements. In addition,~~ effective ~~internal~~ICFR ~~control~~established atin aInternal ~~point~~Control--Integrated inFramework ~~time~~issued ~~may~~by ~~become~~the ~~ineffective~~Committee inof ~~future~~Sponsoring ~~periods~~Organizations ~~because~~ of ~~changes~~the inTreadway ~~conditions~~Commission or(COSO) ~~due~~and toSEC ~~deterioration~~guidance inon ~~the~~conducting ~~degree~~such ofassessments ~~compliance~~by ~~with~~smaller ~~our~~reporting ~~established~~companies ~~policies~~ and ~~procedures~~non-accelerated filers.

AsBased ofon ~~February~~that 28assessment, ~~2015,~~ management ~~assessed~~concluded ~~the~~that, ~~effectiveness~~during ~~of our ICFR based on~~ the ~~criteria~~period ~~for~~covered ~~effective~~by ~~ICFR~~this ~~established~~report, insuch ~~Internal~~internal ~~Control--Integrated~~controls ~~Framework~~and ~~issued~~procedures bywere ~~the~~not ~~Committee~~effective ofas ~~Sponsoring Organizations~~ of ~~the~~August ~~Treadway~~31, ~~Commission~~2015 ~~(COSO)~~ and ~~SEC~~that ~~guidance~~material onweaknesses ~~conducting~~in ~~such~~ICFR ~~assessments~~existed byas ~~smaller~~more ~~reporting~~fully ~~companies~~described ~~and non-accelerated filers~~below.

~~Based~~As ondefined ~~that~~by ~~assessment~~Auditing Standard No. 5, ~~management~~"An ~~concluded~~Audit of Internal Control Over Financial Reporting that is Integrated with an Audit of Financial Statements and Related Independence Rule and Conforming Amendments," ~~during~~established by the ~~period~~Public ~~covered~~Company byAccounting ~~this~~Oversight ~~report~~Board ("PCAOB"), ~~such~~a ~~internal~~material ~~controls~~weakness ~~and~~is ~~procedures~~a ~~were~~deficiency ~~not~~or ~~effective~~combination as of ~~February~~deficiencies ~~28,~~that ~~2015~~results ~~and~~more than a remote likelihood that a material ~~weaknesses~~misstatement inof ~~ICFR~~annual ~~existed~~or asinterim ~~more~~financial ~~fully~~statements ~~described~~will ~~below~~not be prevented or detected. In connection with the assessment described above, management identified the following control deficiencies that represent material weaknesses as of August 31, 2015:

As(1) ~~defined~~Lack ~~by Auditing Standard No. 5, "An Audit~~ of ~~Internal~~an ~~Control~~independent ~~Over~~audit ~~Financial~~committee. ~~Reporting~~Although ~~that~~we ishave ~~Integrated with~~ an ~~Audit~~audit ofcommittee ~~Financial~~it ~~Statements and Related Independence Rule and Conforming Amendments," established by the Public Company Accounting Oversight Board ("PCAOB"), a material weakness~~ is anot ~~deficiency~~comprised orsolely ~~combination~~ of ~~deficiencies~~independent ~~that~~directors. ~~results~~We ~~more~~may ~~than~~establish aan ~~remote~~audit ~~likelihood~~committee ~~that~~comprised asolely ~~material misstatement~~ of ~~annual~~independent ordirectors ~~interim~~when ~~financial~~we ~~statements~~have ~~will~~sufficient ~~not~~capital beresources ~~prevented~~and orworking ~~detected.~~capital Into ~~connection~~attract ~~with~~qualified ~~the~~independent ~~assessment~~directors ~~described~~and ~~above,~~to ~~management~~maintain ~~identified~~such ~~the~~a ~~following control deficiencies that represent material weaknesses as of February 28, 2015:~~committee.

2216

(i2) ~~Lack~~Inadequate ofstaffing anand ~~independent~~supervision ~~audit~~within ~~committee~~our bookkeeping operations. ~~Although~~The werelatively ~~have~~small annumber ~~audit~~of ~~committee~~people itwho isare ~~not~~responsible ~~comprised~~for ~~solely~~bookkeeping offunctions ~~independent~~prevents ~~directors.~~us Wefrom ~~may~~segregating ~~establish~~duties anwithin ~~audit~~our ~~committee~~internal ~~comprised~~control ~~solely~~system. The inadequate segregation of ~~independent~~duties ~~directors~~is ~~when~~a weweakness ~~have~~because ~~sufficient~~it ~~capital~~could ~~resources~~lead to the ultimate identification and ~~working~~resolution ~~capital~~of accounting and disclosure matters or could lead to ~~attract~~a ~~qualified~~failure ~~independent~~to ~~directors~~perform timely and toeffective ~~maintain~~reviews ~~such~~which may result in a ~~committee~~failure to detect errors in spreadsheets, calculations, or assumptions used to compile the financial statements and related disclosures as filed with the Securities and Exchange Commission.

(ii3) ~~Inadequate~~Ineffective ~~staffing~~controls ~~and~~over ~~supervision~~period ~~within~~end ~~our~~financial bookkeeping operations. The relatively small number of people who are responsible for bookkeeping functions prevents us from segregating duties within our internal control system. The inadequate segregation of duties is a weakness because it could lead to the ultimate identification and resolution of accounting and disclosure ~~matters or could lead to a failure to perform timely~~ and ~~effective~~reporting reviews which may result in a failure to detect errors in spreadsheets, calculations, or assumptions used to compile the financial statements and related disclosures as filed with the Securities and Exchange Commissionprocesses.

~~(iii)~~Our ~~Ineffective~~management determined that these deficiencies constituted material weaknesses. Due to a lack of financial and personnel resources, we are not able to, and do not intend to, immediately take any action to remediate these material weaknesses. We will not be able to do so until we acquire sufficient financing and staff to do so. We will implement further controls ~~over~~as ~~period~~circumstances, ~~end~~cash flow, and working capital permit. Notwithstanding the assessment that our ICFR was not effective and that there were material weaknesses as identified in this report, we believe that our consolidated financial ~~disclosure~~statements contained in our Quarterly Report on form 10-Q for the quarter ended August 31, 2015, fairly present our financial position, results of operations and ~~reporting~~cash ~~processes~~flows for the years covered thereby in all material respects.

~~Our~~There management determined that these deficiencies constituted material weaknesses. Due to a lack of financial and personnel resources, we are not able to, and do not intend to, immediately take any action to remediate these material weaknesses. We will not be able to do so until we acquire sufficient financing and staff to do so. We will implement further controls as circumstances, cash flow, and working capital permit. Notwithstanding the assessment that our ICFR was not effective and that there were ~~material~~no ~~weaknesses~~changes ~~as identified~~ in ~~this~~our ~~report,~~internal wecontrol ~~believe~~over ~~that our consolidated~~ financial ~~statements~~reporting ~~contained~~during ~~in our Quarterly Report on form 10-Q for~~ the quarter ended ~~February~~August 2831, 2015, ~~fairly~~that ~~present~~have ~~our~~materially ~~financial position~~affected, ~~results~~or ofare ~~operations~~reasonably ~~and~~likely ~~cash~~to ~~flows~~materially ~~for~~affect, ~~the~~our ~~years~~internal ~~covered~~control ~~thereby~~over infinancial ~~all material respects~~reporting.

~~There~~PART ~~were~~II. noOTHER changes in our internal control over financial reporting during the quarter ended February 28, 2015, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reportingINFORMATION.

PART II. OTHER INFORMATION.

ITEM 1. LEGAL PROCEEDINGS.

We are not a party to any material legal proceedings and to our knowledge, no such proceedings are threatened or contemplated.

ITEM 2. CHANGES IN SECURITIES AND USE OF PROCEEDS.

Not applicable.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

No matters were submitted to our security holders for a vote during the period ending ~~February~~August 2831, 2015.

ITEM 5. OTHER INFORMATION.

None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.


Exhibit Number	Description of Exhibit

31.1	Certification by Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a) of the Exchange Act, promulgated pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith

31.2	Certification by Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a) of the Exchange Act, promulgated pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, filed herewith

32.1	Certification by Chief Executive Officer and Chief Financial Officer, required by Rule 13a-14(b) or Rule 15d-14(b) of the Exchange Act and Section 1350 of Chapter 63 of Title 18 of the United States Code, promulgated pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 filed herewith

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SIGNATURES

Pursuant to the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

~~February~~August 2831, 2015 Bakken Energy Corp.

By: /s/ Shi Long Ning

Shi Long Ning, President and Chief Executive Officer

In accordance with the Exchange Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

~~February~~August 2831, 2015 Bakken Energy Corp.

By: /s/ Shi Long Ning

Shi Long Ning, President, Treasurer and Chief

Financial Officer (Principal Executive Officer

and Principal Accounting Officer)

2418

Filing Compare · BAKKEN ENERGY CORP.