Flying A Petroleum Ltd is an exploration-stage company. The Company is engaged in acquiring and developing oil and gas properties. The Company's projects include Trutch Project - Northeastern British Columbia, Trutch East - Northeastern British Columbia and Prophet River Project - Northeastern British Columbia. It has earned a 17.5% working interest Trutch Project. As of January 31, 2011, it had drilled five Halfway development wells on the Trutch property. It has 17.5% working interest in the Trutch East natural gas lease package (15 square miles). The property adjoins its Bougie Trutch lands. On June 7, 2011, it entered into an agreement to sell its interests in the Trutch natural gas project in northeastern to Hemisphere Energy Corp. The sale included a range of working interests ranging from 10.5% to 35% in all wellbores, land and pipeline assets. The sale was completed on November 23, 2011.