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EXCEL - IDEA: XBRL DOCUMENT - IMPERIAL PETROLEUM RECOVERY CORPFinancial_Report.xls
10-K - IMPERIAL PETROLEUM RECOVERY CORPORATION FORM 10-K FOR THE FISCAL YEAR ENDED OCTOBER 31, 2011 - IMPERIAL PETROLEUM RECOVERY CORPimperialpetroleum10k103111.htm
XML - IDEA: XBRL DOCUMENT - IMPERIAL PETROLEUM RECOVERY CORPR1.htm
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EX-32.1 - IMPERIAL PETROLEUM RECOVERY CORPex32-1.htm
EX-10.6 - TECHNICAL SERVICES AGREEMENT - IMPERIAL PETROLEUM RECOVERY CORPex10-6.htm
EX-32.2 - IMPERIAL PETROLEUM RECOVERY CORPex32-2.htm
EX-31.1 - IMPERIAL PETROLEUM RECOVERY CORPex31-1.htm
EX-31.2 - IMPERIAL PETROLEUM RECOVERY CORPex31-2.htm
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SUBSEQUENT EVENTS
12 Months Ended
Oct. 31, 2011
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS
NOTE K - SUBSEQUENT EVENTS

In January 2012, 166,666 shares were issued in connection with the exercise of warrants for a total consideration of $25,000, along with 635,570 shares of common stock representing his original note of $50,000 plus accrued interest.

In January 2012, a convertible note amounting to $100,000 and the related accrued interest were converted to 999,600 common shares at $0.15 per share.

In January 2012, a convertible note amounting to $100,000 and the related accrued interest were converted to 997,461 common shares at $0.15 per share.

During August 2012, upon receipt of the $202,388 payment from Petrobras required by the COMPROMISE SETTLEMENT AGREEMENT and MUTUAL RELEASE document, the Company understood the technical services agreement with Petrobras had terminated.

In August 2012, the Company granted a total of 2,100,000 common shares to directors, an employee and a consultant.