U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

                [X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2004

                                       OR

               [ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                       FOR THE TRANSITION PERIOD FROM TO

                          Commission File No. 333-37842


                        Dental Patient Care America, Inc.
                          (Formerly Mountain Oil, Inc.)
       ------------------------------------------------------------------
        (Exact name of small business issuer as specified in our charter)


                Utah                                         87-0373840
   (State or other jurisdiction of                         (IRS Employer
    incorporation or organization)                      Identification No.)



        2825 E. Cottonwood Parkway, Suite 500, Salt Lake City, Utah 84121
        -----------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

         Issuer's telephone number, including area code: (801) 990-3314

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

Indicate by check mark whether the small business issuer is an accelerated filer
(as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

State the number of shares outstanding of each of the Issuer's classes of common
equity: AS OF JUNE 30, 2004, THERE WERE 21,149,762 SHARES OF COMMON STOCK ISSUED
AND OUTSTANDING.

Transitional Small Business Format: YES [ ] NO [X]

Documents Incorporated by Reference:  NONE

<PAGE>

                       Dental Patient Care America, Inc.
                          (Formerly Mountain Oil, Inc.)


                                      INDEX


PART I.  FINANCIAL INFORMATION                                             Page

ITEM 1.  Financial Statements

         Consolidated Balance Sheets - June 30, 2004 (unaudited)
           and December 31, 2003 (Audited)                                   3

         Consolidated Statements of Operations - Three and Six Months
           Ended June 30, 2004 and 2003 (Unaudited)                          4

         Consolidated Statements of Cash Flows - Six Months Ended
           June 30, 2004 and 2003  (Unaudited)                               5

         Notes to Consolidated Financial Statements  (Unaudited)             6

ITEM 2.  Management's Discussion and Analysis of Financial
           Condition and Results of Operations                               9

ITEM 3.  Controls and Procedures                                            17

PART II. OTHER INFORMATION

ITEM 2.  Changes in Securities                                              18

ITEM 4.  Items Submitted to Vote of Shareholders                            18

ITEM 6.  Exhibits and Reports on Form 8-K                                   18


SIGNATURES                                                                  19

                                       2
<PAGE>

Part I.  FINANCIAL INFORMATION

ITEM 1.           Financial Statements
<TABLE>
<CAPTION>
                                        Dental Patient Care America, Inc.
                                          (Formerly Mountain Oil, Inc.)

                                           Consolidated Balance Sheets


                                                                          June 30, 2004       December 31, 2003
           Assets                                                          (Unaudited)            (Audited)
                                                                         -------------------------------------------
<S>                                                                         <C>                  <C>
Current assets:
      Cash                                                                  $      29,348        $     181,439
      Restricted cash                                                              20,304               39,431
      Accounts receivable                                                          41,262               50,183
      Prepaids and other assets                                                        --                2,590
                                                                         -------------------------------------------

                  Total current assets                                             90,914              273,643

Property and equipment, net                                                         2,395                1,765
Other assets                                                                          750                   --
                                                                         -------------------------------------------

                                                                            $      94,059        $     275,408
                                                                         ===========================================

--------------------------------------------------------------------------------------------------------------------

           Liabilities and Stockholders' Deficit

Current liabilities:
     Accounts payable                                                       $      71,183        $      69,888
     Accrued expenses                                                              56,572               48,648
     Claim reserve                                                                 20,304               39,431
     Related-party notes payable                                                  155,515              175,515

     Member deposit payable                                                       115,770              115,770
                                                                         -------------------------------------------
                  Total current liabilities                                       419,344              449,252


Commitments and contingencies                                                          --                   --

Stockholders' deficit:
     Preferred stock, $.001 par value, 10,000,000
       shares; no shares issued or outstanding                                         --                   --
     Common stock, no par value, 50,000,000 shares
       Authorized; 21,149,762 shares issued and outstanding                       298,517              298,517
     Accumulated deficit                                                         (623,802)            (472,361)
                                                                         -------------------------------------------

                  Total stockholders' deficit                                    (325,285)            (173,844)
                                                                         -------------------------------------------

                                                                            $      94,059        $     275,408
                                                                         ===========================================






-------------------------------------------------------------------------------------------------------------------
See accompanying notes to consolidated financial statements.

                                                             3
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                                Dental Patient Care America, Inc.
                                                  (Formerly Mountain Oil, Inc.)

                                              Consolidated Statements of Operations
                                                           (Unaudited)



                                                     Three Months Ended                      Six Months Ended
                                                           June 30                               June 30
                                              ----------------------------------    -----------------------------------
                                                     2004             2003                2004              2003
                                                  (Unaudited)      (Unaudited)         (Unaudited)       (Unaudited)
                                              ----------------- ----------------    --------------- -------------------
<S>                                              <C>             <C>                 <C>                <C>
Cooperative revenues                             $     96,113    $    107,574        $    201,384       $    194,951
Insurance revenues                                     69,782          14,965             131,820             16,843
                                              -------------------------------------------------------------------------
                                                      165,895          89,255             333,204            199,926

Costs and Expenses:
   Insurance claims and direct costs                   61,335          11,794             129,927             11,868
   Member incentives                                   30,680          26,069              60,504             51,082
   General and administrative expense                 166,302          64,353             289,041            132,569
                                              -------------------------------------------------------------------------

         Income (loss) from operations                (92,422)         20,323            (146,268)            16,275
                                              -------------------------------------------------------------------------

Other income (expense):
   Interest income                                      3,880           5,800               6,707             11,262
   Interest expense                                    (5,940)         (5,940)            (11,880)           (11,880)
                                              -------------------------------------------------------------------------

         Total other income (expense)                  (2,060)           (140)             (5,173)              (618)
                                              -------------------------------------------------------------------------

         Net income (loss) before benefit
         for income taxes                             (94,482)         20,183            (151,441)            15,657

Income tax benefit                                         --              --                  --                 --
                                              -------------------------------------------------------------------------

Net income (loss) income                         $    (94,482)   $     20,183        $   (151,441)      $     15,657
                                              =========================================================================

Net income (loss) per common share
  - basic and diluted                            $          -    $          -        $      (0.01)      $          -
                                              =========================================================================

Weighted average shares outstanding
  - basic and diluted                              21,149,762      21,149,762          21,149,762         21,149,762
                                              =========================================================================




--------------------------------------------------------------------------------------------------------------------------
                           See accompanying notes to consolidated financial statements.

                                                          4
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
                                        Dental Patient Care America, Inc.
                                          (Formerly Mountain Oil, Inc.)

                                      Consolidated Statements of Cash Flows
                                                   (Unaudited)

                                                                                 Six Months Ended June 30,
                                                                          -----------------------------------------
                                                                                  2004                2003
                                                                          -----------------------------------------
<S>                                                                          <C>                 <C>
Cash flows from operating activities:
   Net (loss) income                                                         $    (151,441)      $      15,657
   Adjustments to reconcile net (loss) income to net
     cash (used in) provided by operating activities:
       Depreciation                                                                    240                 239
       Decrease (increase) in:
         Restricted cash                                                            19,127              (9,929)
         Accounts receivable                                                         8,921              (1,150)
         Short-term notes receivable                                                     -             (82,100)
         Prepaid and other assets                                                    1,840                 900
       Increase (decrease) in:
         Accounts payable                                                            1,295               1,145
         Accrued liabilities                                                         7,924              (7,219)
         Claim reserve                                                             (19,127)              6,635
                                                                          -----------------------------------------

       Net cash (used in) provided by
       operating activities                                                       (131,221)            (75,822)
                                                                          -----------------------------------------

Cash flows used in investing activities-
   purchase of property and equipment                                                 (870)                  -
                                                                          -----------------------------------------

Cash flows from financing activities:

   Payments of long-term debt                                                      (20,000)                  -
                                                                          -----------------------------------------

Net increase (decrease) in cash and
  cash equivalents                                                                (152,091)            (75,822)

Cash and cash equivalents at beginning of period                                   181,439              85,771
                                                                          =========================================

Cash and cash equivalents at end of period                                   $      29,348       $       9,949
                                                                          =========================================


-------------------------------------------------------------------------------------------------------------------
                           See accompanying notes to consolidated financial statements.

                                                         5
</TABLE>
<PAGE>

                        Dental Patient Care America, Inc.
                          (Formerly Mountain Oil, Inc.)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1.       Company History

Dental Patient Care America, Inc. (formerly Mountain Oil, Inc.) is incorporated
under the laws of the state of Utah and was previously involved in the
development and operation of oil and gas wells. On June 30, 2004, Dental Patient
Care America, Inc. entered into a merger and plan of share exchange wherein
Dental Patient Care America, Inc. acquired 100% of Dental Cooperative, Inc.
through the issuance of 18,823,288 shares of common stock. As a result of the
transaction, Dental Cooperative, Inc. became a wholly-owned subsidiary of Dental
Patient Care America, Inc. Dental Patient Care America, Inc. and its
wholly-owned subsidiaries, Dental Cooperative, Inc., and DentistDirect, Inc.,
are together referred to as "the Company." Upon closing of the transaction, the
shareholders of Dental Cooperative, Inc. owned approximately 88% of the issued
and outstanding shares of the Dental Patient Care America, Inc.. Because the
shares issued in the transaction represent control of the total shares of the
outstanding common stock of Dental Patient Care America, Inc. immediately
following the transaction, the transaction has been accounted for as a reverse
acquisition by Dental Cooperative, Inc.

Therefore, the financial statements reflect the operations of Dental
Cooperative, Inc. (the accounting acquirer) through the date of the reverse
merger and the consolidated operations of the Company subsequent to the date of
the reverse merger (June 30, 2004). The consolidated balance sheet reflects the
reverse acquisition between Dental Patient Care America, Inc. and Dental
Cooperative, Inc. as if such reverse acquisition had occurred as of June 30,
2004.

As of the date of the reverse acquisition, June 30, 2004, all assets and
liabilities related to the former operations of Mountain Oil, Inc., were spun
off to shareholders of Dental Patient Care America, Inc. Therefore, the
consolidated financial statements do not include any of the assets, liabilities,
or operations related to the oil and gas business previously conducted by
Mountain Oil, Inc.

Dental Cooperative, Inc. was incorporated under the laws of the state of Utah
and was organized in 1998 for the purpose of organizing dentists into a
cooperative model of contractually networked practices, allowing member dentists
to access a variety of benefits from the cooperative structure. Such benefits
include programs to purchase supplies, laboratory and other operating services,
insurance and employee benefits programs, and opportunities for profit sharing
through the cooperative model. Various dental patient marketing programs are
also provided, such as the organization of its member dentists into a network,
which offers dental care plans to employers and other groups under the trade
names "Intermountain Dental Plans" and "Dentist Direct". DentistDirect, Inc. is
now a wholly-owned subsidiary of Dental Patient Care America, Inc. and conducts
the dental benefits plan business. First Dental Cooperative, Inc. and later
DentistDirect, Inc. acts as either a third party administrator or insurance
broker for dental insurance. The Company will continue conducting both the
dental practice cooperative business of Dental Cooperative, Inc. and the dental
benefit plan business of DentistDirect, Inc.

                                       6
<PAGE>

2.       Interim Financial Statements

The accompanying condensed consolidated financial statements of the Company have
been prepared by the Company, without audit, pursuant to the rules and
regulations of the Securities and Exchange Commission. Certain information and
disclosures normally included in financial statements prepared in accordance
with accounting principles generally accepted in the United States have been
condensed or omitted pursuant to such rules and regulations. These condensed
consolidated financial statements reflect all adjustments (consisting only of
normal recurring adjustments) that, in the opinion of management, are necessary
to present fairly the results of operations of the Company for the periods
presented. The results of operations for the three and six months ended June 30,
2004, are not necessarily indicative of the results that may be expected for the
fiscal year ending December 31, 2004.

3.       Earnings Per Share

Basic earnings per share excludes dilution and is computed by dividing net
earnings available to common stockholders by the weighted average number of
common shares outstanding for the period. Diluted earnings per share reflects
the potential dilution that could occur if options or warrants to issue common
stock were exercised into common stock. Stock options for 314,000 shares for
2004 were excluded from the calculation of diluted loss per share because their
effect was anti-dilutive. Stock options to purchase 50,000 shares for 2003 did
not result in any change from basic weighted average shares based on the
treasury stock method. The weighted average number of outstanding common and
common equivalent shares used in computations was 21,149,762 for the six months
ended June 30, 2004 and 2003.


4.       Stock Based Compensation

The Company accounts for our stock-based employee compensation plans under the
recognition and measurement principles of APB Opinion No. 25, Accounting for
Stock Issued to Employees, and related Interpretations, and has adopted the
disclosure only provisions of Statement of Financial Accounting Standards (SFAS)
No. 123, "Accounting for Stock-Based Compensation." Accordingly, no compensation
cost is recognized in the financial statements when options granted under the
plan have an exercise price equal to or greater than the market value of the
underlying common stock on the date of grant. During the six months ended June
30, 2004 and 2003, no stock options were issued to employees of the Company.

5.       Activity of Business Segments

The Company's business is divided into two segments - our dental cooperative
management business and our dental benefits plan business. The first segment
generates revenues through management fees charged to member dentists. The
second segment generates revenues to the extent that premiums and premium-type
payments into the benefit plan exceed claims paid by the plan. The financial
statements currently reflect the revenues of each segment. We do not allocate
our general and administrative expenses amongst the segments, therefore we do
not report a segment profit or loss. In addition, our assets, with the exception
of restricted cash which applies to the dental benefits plan business, are
general in nature and are not specifically allocated to a segment.

                                       7
<PAGE>

6.       Going Concern

The accompanying financial statements have been prepared assuming that the
company will continue as a going concern. As of June 30, 2004, the Company had
negative cash flows from operations, had an operating loss, and had negative
working capital. These conditions raise substantial doubt about the ability of
the company to continue as a going concern. The financial statements do not
include any adjustments that might result from the outcome of these
uncertainties.

Management's plans regarding the working capital deficit, cash flows from
operations and profitability include: capitalizing on the conclusion in 2003, of
four years of development and operational testing of the Cooperative concepts
and operating models for independent practicing member dentists. 2003 also
concludes one complete year of operational testing and refinement of the design
and marketing of a family of dental insurance products, which management
believes are unique in all the industry. These tested models are not capital
intensive, with very low fixed costs and variable costs that are largely
discretionary. The discretionary distribution of member incentives were a
significant contribution to the annual loss and accumulated deficit at the end
of 2003.

7.       Supplemental Disclosure of Cash Flow Information

During the six months ended June 30, 2004 and 2003 the Company paid the
following amounts for interest and income taxes:



                Cash paid for:
                         Interest               $ 25,507        $ 27,983
                                           ==============================

                         Income taxes                 -0              -0
                                           ==============================

                                       8
<PAGE>

ITEM 2. Management's Discussion and Analysis of Financial Condition and Results
of Operations

         The following Management Discussion and Analysis may contain certain
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995, including, among others: (i) results of
operations (including expected changes in Company gross profit margin and
selling, general and administrative expenses); (ii) the Company's business
strategy for increasing sales; (iii) the Company's strategy to increase our size
and customer base; (iv) the Company's ability to successfully increase our size
through acquisition/merger activity; and (v) the Company's ability to
distinguish elf from our current and future competitors.

         These forward-looking statements are based largely on the Company's
current expectations and are subject to a number of risks and uncertainties.
Actual results could differ materially from these forward-looking statements.
Important factors to consider in evaluating such forward-looking statements
include (i) changing regulatory requirements for the management of dental
offices or the offering of dental benefit plans; (ii) the highly competitive and
fragmented dental services market; (iii) the increased costs of compliance as a
public company with a new operating business and the requirements for compliance
with the Sarbanes Oxley legislation; (iv) anticipated working capital or other
cash requirements; (v) changes in the Company's business strategy or an
inability to execute our strategy due to unanticipated changes in the market;
and (vi) various competitive factors that may prevent the Company from competing
successfully in the marketplace. In light of these risks and uncertainties,
there can be no assurance that the events contemplated by the forward-looking
statements contained herein will in fact occur.

General

         Dental Patient Care America, Inc. was formerly known as Mountain Oil,
Inc. and was previously involved in the oil and gas business. On June 30, 2004,
Dental Patient Care America, Inc. entered into a merger and plan of share
exchange wherein Dental Patient Care America, Inc. acquired 100% of Dental
Cooperative, Inc. through the issuance of 18,823,288 shares of common stock. As
a result of the transaction, Dental Cooperative, Inc. became a wholly-owned
subsidiary of Dental Patient Care America, Inc. Dental Patient Care America,
Inc. and its wholly-owned subsidiary, Dental Cooperative, Inc., are together
referred to as "the Company." All references of "we" or "our" also refer to the
consolidated entity. Upon closing of the transaction, the shareholders of Dental
Cooperative, Inc. owned approximately 88% of the issued and outstanding shares
of the Dental Patient Care America, Inc.. Because the shares issued in the
transaction represent control of the total shares of the outstanding common
stock of Dental Patient Care America, Inc. immediately following the
transaction, the transaction has been accounted for as a reverse acquisition by
Dental Cooperative, Inc.

         Therefore, the financial statements reflect the operations of Dental
Cooperative, Inc. (the accounting acquirer) through the date of the reverse
merger and the consolidated operations of the Company subsequent to the date of
the reverse merger (June 30, 2004). The consolidated balance sheet reflects the
reverse acquisition between Dental Patient Care America, Inc. and Dental
Cooperative, Inc. as such reverse acquisition had occurred as of June 30, 2004.

         As of the date of the reverse acquisition, June 30, 2004, all assets
and liabilities related to the former operations of Mountain Oil, Inc., were
spun off to shareholders of Dental Patient Care America, Inc. Therefore, the
consolidated financial statements do not include any of the assets, liabilities,
or operations related to the oil and gas business previously conducted by
Mountain Oil, Inc.

                                       9
<PAGE>

         Dental Cooperative, Inc. was incorporated under the laws of the state
of Utah and was organized in 1998 for the purpose of organizing dentists into a
cooperative model of contractually networked practices, allowing member dentists
to access a variety of benefits from the cooperative structure. Such benefits
include programs to purchase supplies, laboratory and other operating services,
insurance and employee benefits programs, and opportunities for profit sharing
through the cooperative model. Various dental patient marketing programs are
also provided, such as the organization of its member dentists into a network,
which offers dental care plans to employers and other groups under the trade
names "Intermountain Dental Plans" and "Dentist Direct". Dental Cooperative,
Inc. acts as either a third party administrator or insurance broker for dental
insurance. The Company will continue conducting the business of Dental
Cooperative, Inc.

         We earn revenue from our dental practice management business through
management fees assessed to our members as a percentage of their operating
revenues. We rely on member dental offices to promptly submit the correct amount
of fees earned. We earn revenue from our dental benefit plan offerings as a
result of premium and related payments exceeding claims paid out during the
measurement period. When premiums are received, they are recorded as restricted
cash and a liability titled "claim reserve" is recorded for the same amount. As
claims are paid out, the restricted cash and the liability are reduced. Revenue
from such premiums is recognized when we no longer have any claim obligation.

Results of operations for the three months ended June 30, 2004 compared to June
30, 2003

         Our dental practice management revenues, referred to as "cooperative
revenues" on the statement of operations, decreased from $107,574 for the three
months ended June 30, 2003 to $96,113 for the three months ended June 30, 2004.
Cooperative revenues consist of member fees and marketing fees paid to the
Company by member dentists as well as group purchasing rebates received from
vendors. This decrease of 11% is due to a decrease of approximately $9,000 in
the group purchasing rebates received. Rebates received in the three months
ended June 30, 2004 were approximately $6,000 as compared to approximately
$15,000 for the comparable period in 2003. These rebates may vary from period to
period based on the member dentists' purchasing activity as well as a result of
different rebates offered by the vendors.

         The increase in our DentistDirect dental benefit plan participants has
resulted in substantially increased revenues from this business in 2004 compared
with the prior year. Insurance revenues were $69,782 for the three months ended
June 30, 2004 as compared to $14,965 for the comparable 2003 period. Because we
have limited operating history, to date we have recorded a claim reserve equal
to the premiums received less claims, commissions, and plan administrative fees
paid out. Therefore, the insurance claims and direct costs offset the insurance
premiums received, resulting in a net gross profit of $0 with the exception of
the administrative fee charged for self insured premiums received. The net
amount of insurance revenues less insurance claims and direct costs equals the
administrative fee charged to self insured plans. We believe that a portion of
the claim reserve liability will not be paid out for insurance claims and thus
ultimately will be recognized as revenue without offsetting costs, but we are
unable to predict such amount or timing at this time due to our limited
operating history.

         During the quarter ended June 30, 2004, we ceased to operate our dental
benefits plan business as the risk retention entity, which necessitated out
maintenance of the claim reserve, and we signed an agreement with a third party
insurer to bear the risk of the dental benefits plan business. Going forward our
income from the dental benefit plan business will be reduced from what it
otherwise might have been to the extent of the premiums we will pay for this
risk assumption by the third party insurer. We are now making arrangements to
again assume the risk retention responsibility through a claim reserve.

                                       10
<PAGE>

         Member incentives were $30,680 for the three months ended June 30, 2004
as compared to $26,069 for the comparable period in 2003. As a percentage of
cooperative revenues, member incentives were 32% for the three months ended June
30, 2004 and 24% in the comparable 2003 period. Member incentives are profit
sharing type distributions through Dental Cooperative to recognize significant
contributions to Dental Cooperative by certain members, based largely on the
growth in revenues of the member practices and the resulting fees to Dental
Cooperative. Member incentives have increased consistently with the general
growth in the number of member dentists, the growth in member revenues and the
resulting growth in management fee revenue to Dental Cooperative discussed
earlier. Member incentives are discretionary with the Board of Directors of
Dental Cooperative, and these funds can be redirected to cover operating
expenses as needed.

         Insurance claims and direct costs increased from $11,794 in the three
months ended June 30, 2003 to $61,335 in the three months ended June 30, 2004.
This increase is a direct result of the increase in the number of dental benefit
plan customers as noted above. Insurance claims and direct costs consist of
insurance claims paid out, commissions, and plan administrative costs.

         We believe that as the DentistDirect benefit plan business grows, the
increasing number of "lives" covered by these plans will continue to attract
more dental practices to affiliate as members of Dental Cooperative. Conversely
as our member dentists increase, our capacity to take on additional lives
covered by our dental benefit plans will also increase. We expect this business
development synergy to produce continuing increases in revenue in both the
Dental Cooperative and Dentist Direct business segments for the rest of 2004.

         General and administrative expenses increased from $64,353 for the
three months ended June 30, 2003 to $166,302 for the three months ended June 30,
2004. This is explained by (a) the costs of start up of the DentistDirect
business, which required large front-end loaded expenditures in 2004 that are
not accounted for as direct costs of the program, and by (b) the costs of the
merger transaction whereby Dental Cooperative and DentistDirect were acquired by
the Company on June 30, 2004. These costs included legal and accounting fees as
well as printing and postage and other costs related to the negotiation and
closing of that transaction. We do not expect expenses to continue at these high
levels during the second half of 2004.

         With no taxable income and no assets to depreciate or amortize, the
revenue and expenses mathematically result in net income numbers and per share
numbers that are explainable by the same issues and factors already discussed.

Results of operations for the six months ended June 30, 2004 compared to June
30, 2003

         Our dental practice management revenues, referred to as "cooperative
revenues" on the statement of operations, increased from $194,951 for the six
months ended June 30, 2003 to $201,384 for the six months ended June 30, 2004.
Cooperative revenues consist of member fees and marketing fees paid to the
Company by member dentists as well as group purchasing rebates received from
vendors. This slight increase of 3% is due to a continuing increase in the
number of member dentists in the cooperative. The number of member dentists
continues to grow (see table below.)

                                       11
<PAGE>

         The increase in our DentistDirect dental benefit plan participants has
resulted in substantially increased revenues from this business in 2004 compared
with the prior year. Insurance revenues were $131,820 for the six months ended
June 30, 2004 as compared to $16,843 for the comparable 2003 period. Because we
have limited operating history, to date we have recorded a claim reserve equal
to the premiums received less claims, commissions, and plan administrative fees
paid out. Therefore, the insurance claims and direct costs offset the insurance
premiums received, resulting in a net gross profit of $0 with the exception of
the administrative fee charged for self insured premiums received. The net
amount of of insurance revenues less insurance claims and direct costs equals
the administrative fee charged to self insured plans. We believe that a portion
of the claim reserve liability will not be paid out for insurance claims and
thus ultimately be recognized as revenue without offsetting costs, but we are
unable to predict such amount at this time due to our limited operating history.

         As noted earlier with respect to the three month comparative
discussion, during the quarter ended June 30, 2004, we ceased to operate our
dental benefits plan business as the risk retention entity, which necessitated
out maintenance of the claim reserve, and we signed an agreement with a third
party insurer to bear the risk of the dental benefits plan business. Going
forward our income from the dental benefit plan business will be reduced from
what it otherwise might have been to the extent of the premiums we will pay for
this risk assumption by the third party insurer. We are now making arrangements
to again assume the risk retention responsibility through a claim reserve.

         Member incentives were $60,504 for the six months ended June 30, 2004
as compared to $51,082 for the comparable period in 2003. As a percentage of
cooperative revenues, member incentives were 30% for the six months ended June
30, 2004 and 26% in the comparable 2003 period. Member incentives are profit
sharing type distributions through Dental Cooperative to recognize significant
contributions to Dental Cooperative by certain members, based largely on the
growth in revenues of the member practices and the resulting fees to Dental
Cooperative. Member incentives have increased consistently with the general
growth in the number of member dentists, the growth in member revenues and the
resulting growth in management fee revenue to Dental Cooperative discussed
earlier. Member incentives are discretionary with the Board of Directors of
Dental Cooperative, and these funds can be redirected to cover operating
expenses as needed.

         Insurance claims and direct costs increased from $11,868 in the six
months ended June 30, 2003 to $129,927 in the six months ended June 30, 2004.
This increase is a direct result of the increase in the number of dental benefit
plan customers and "covered lives" as noted above. Insurance claims and direct
costs consist of insurance claims paid out, commissions, and plan administrative
costs.

         We believe that as the DentistDirect benefit plan business grows, the
increasing number of "lives" covered by these plans will attract more dental
practices to affiliate as members of Dental Cooperative. Conversely as our
member dentists increase, our capacity to take on additional lives covered by
our dental benefit plans will also increase. We expect this business development
synergy to produce continuing improvements in both the Dental Cooperative and
DentistDirect business segments for the rest of 2004.

                                       12
<PAGE>

         General and administrative expenses increased from $132,569 for the six
months ended June 30, 2003 to $289,041 for the six months ended June 30, 2004.
This is explained by (a) the costs of start up of the Dentist Direct business,
which required large front-end loaded expenditures in 2004 that are not
accounted for as direct costs of the program, and by (b) the costs of the merger
transaction whereby Dental Cooperative and Dentist Direct were acquired by the
Company on June 30, 2004. These costs included legal and accounting fees as well
as printing and postage and other costs related to the negotiation and closing
of that transaction. We do not expect expenses to continue at these high levels
during the second half of 2004.

Liquidity and Capital Resources

         In our recent periods, we have not generated positive cash flow from
operating activities and there can be no assurance that we will be able to
generate positive cash flow in future periods. If we are unable to generate
positive cash flow from operating activities, we will be required to seek
financing through additional related party debt, including but not limited to
salary deferrals, or through the sale of equity securities. There can be no
assurance that such related party financing or equity financing will be
available to us if needed

         As of June 30, 2004, we reported current assets of $90,914 and current
liabilities of $419,344, resulting in a net working capital deficit of
$(328,430). This compares with a net working capital deficit as of December 31,
2003 of $(176,359). The increase in the working capital deficit reflects the
depletion of cash and reduction in accounts receivable, coupled with increased
accounts payable and accrued expenses that were not completely offset by a
decrease in related party notes. We used cash to pay partial salaries , to pay
some of our merger expenses in the second quarter, and to pay down the related
party notes. Just as we expect improvements in operations as a result of
increasing revenue and the cessation of nonrecurring merger related costs and
DentistDirect start up costs, we expect that our balance sheet will also improve
as debt and payables are reduced by available revenue.

         We also used available cash during the first half of 2004 to pay down
accrued but deferred salaries to management. Of the four members of our
management team, three have sources of personal income other than the Company,
and these officers have deferred receipt of salary from time to time in order to
assist the Company in meeting our other cash obligations. The Company and our
shareholders benefit from this voluntary deferral of salaries, although the
practical effect of such deferrals is to shift payment of salaries from one
period to another.

         We currently have no bank lines of credit. We have relied on our
ability to control expenses through deferred payment of creditors and deferred
salaries to management to continue as a business. As our revenue generating
capability becomes more regularized, we plan on obtaining one or more bank lines
of credit to assist with meeting ongoing liquidity needs. There can be no
assurance that we will be able to secure such financing in the future.

         We recognize a need to grow both our dental management business and our
dental benefit plan business, both in our current markets in Utah and beyond the
Utah borders. We could use authorized but unissued shares of common or preferred
stock as consideration for appropriate acquisitions. We expect to enter into
such transactions, if any, on a nondilutive basis to our shareholders, such that
the additions to the Company in net income and assets will equal or exceed the
cost in share dilution.

                                       13
<PAGE>

Outlook: Issues and Uncertainties

         Our acquisition of Dental Cooperative together with our DentistDirect
business in June 2003, coupled with our complete divestiture of our oil and gas
business and the resignation of prior management at the same time has resulted
in a new business for the Company, but also a management team without experience
in the regulatory and management requirements of a public company. The
management team is also top heavy in strategic managers and thin in operational
and accounting personnel, situation not unusual for what are essentially
start-up businesses. We anticipate that as the dental practice management and
the dental benefit plan businesses grow, there will be sufficient revenues
generated to enable the hiring and retention of qualified operational and
financial personnel. We also anticipate that increasing revenues will enable us
to pay those creditors who now constitute our accounts payable, primarily our
law firm. If we are not able to increase revenues as planned and desired, we may
not succeed as a public company and may be compelled to seek bankruptcy
protection.

         Our growth will depend on our ability to attract economically
successful dentists into our cooperative business model, and as dental services
providers under the Dental Cooperative dental care plan offerings. Because our
cooperative business model relies on attracting the top tier of dentists in a
given market, our growth strategy emphasizes entering selected new markets and
entering into member contracts with dental practices that have a significant
market presence or which Dental Cooperative believes can achieve such a presence
in the near term, and seeking to these practices as a "magnet" from which to
expand in the market area. Our new market penetration strategy is relatively
untested. So far the members of Dental Cooperative come primarily from Salt Lake
County, Utah, although efforts are underway to expand the membership to include
dentists in Cache and Washington Counties in Utah. However we have never entered
a market outside of the State of Utah, and there can be no assurance that Dental
Cooperative will be able to implement our national growth successfully.

         Dental Cooperative devotes substantial time and resources to new member
acquisition activities. Identifying appropriate member candidates and
negotiating membership agreements can be a lengthy and costly process. There can
be no assurance that suitable new members will be identified or that new members
will be attracted on terms favorable to Dental Cooperative, our current members
and our shareholders; or that such new memberships can be added on a timely
basis or at all. In the event that Dental Cooperative is not able to regularly
increase our membership base, or raise our management fees in tandem with some
new member attraction, Our quarterly financial results may be materially lower
than analysts' expectations, which likely would cause a decline, perhaps
substantial, in the market price of Mountain Oil common stock following the
merger. In addition, increasing competition in the dental services industry from
corporate model competitors or perhaps others attempting to use a cooperative
model may result in an increase in benefits and other costs associated with
bringing new members into Dental Cooperative.

         The integration of new members and new markets may be a difficult,
costly and time-consuming process. Dental Cooperative may encounter substantial
unanticipated costs or other problems associated with such integration.

         We will seek to increase revenue and profitability in existing markets
by physically expanding our existing members to add more dentists and
hygienists, by establishing new dental practices and by improving the efficiency
of the member dental practices. Our success will be dependent, in part, upon
increasing the revenue from existing members and successfully establishing new
member locations.

                                       14
<PAGE>

         We are subject to risks associated with this growth strategy, including
the risk that Dental Cooperative will be unable to successfully expand existing
members or to establish new dental offices with existing members, or increase
efficiency through our management of the existing members.

         Dental Cooperative has experienced growth in its member dentists as
follows:

                               2004*  2003  2002   2001   2000   1999   1998
                             ---------------------------------------------------
         Number of Members:     80     71    63     61     58     54     52

         *June 30, 2004.

This growth has placed, and will continue to place, strains on our limited
staff, management, operations and systems. Our ability to compete effectively
will depend upon our ability to attract, train and assimilate additional
management and other employees and our ability to expand, improve and
effectively utilize our operating, management, marketing and financial systems
to accommodate our expanded operations. Any failure by our management to
effectively anticipate, implement and manage the changes required to sustain our
growth may have a material adverse effect on our business, financial condition
and operating results.

         Concomitantly in order to effectively and efficiently bear the added
costs of being a public company in the United States today, including the
ongoing costs of accounting, legal and other professionals helping Mountain
Oil/Dental Cooperative to comply with ongoing disclosure obligations and the new
requirements of the Sarbanes-Oxley legislation, Dental Cooperative must grow
significantly, not only in our existing markets but also in new markets. This
growth also must be managed and will require added talents and management
personnel over and above that currently available.

         Both the assumption of significant additional compliance and
professional costs required of a public company in the United States today and
the planned implementation of our growth strategy will require significant
capital resources. To date we have operated on limited resources provided mostly
from the management fees received from member dentists, salary deferrals by
management, capital provided as loans and in kind by members of management, and
in deferring payment on accounts payable. Limited positive funding has come from
the new dental benefit plan business. These historical revenues and other
financial support have not provided enough funding for the level of operations
historically conducted by Dental Cooperative, and Dental Cooperative is in
arrears for our professional services, two of the senior managers are owed
significant deferred salary amounts. Dental Cooperative looks to growth in the
number of member dentists, growth in the fees payable by member dentists, and
growth in revenues from the dental benefit plan business to provide ongoing
revenues to meet these operating expenses. As noted above, in the discussion of
managing growth, we must grow significantly in order to succeed as a public
company. If we are unable to pay salaries to our management both currently and
at competitive levels, it will not be able to attract the management personnel
it will need to effect and manage our needed growth. Moreover if we cannot pay
our creditors as and when due, we risk losing important service and product
providers.

                                       15
<PAGE>

         Our business plan calls for Affiliate Member dentists to receive loans
from Dental Cooperative for up to the full value of their dental practices, with
concomitantly and significantly increased management fees. To date Dental
Cooperative has not had the funding to close any loan under an Affiliate Member
arrangement, although Dental Cooperative was successful in assisting some
Associate Members to obtain financing from a third party. Dental Cooperative
management does not believe that the current Associate Member arrangements, even
coupled with the added profit opportunities through the dental care plan, will
generate sufficient management fees to Dental Cooperative or interest among
dentists to enable the expansion of Dental Cooperative beyond our current local
configuration. There is some risk that existing Associate Member dentists who
originally signed up in expectation of Affiliate Member arrangements, including
the loan from Dental Cooperative, will tire of waiting and will drop out of the
Dental Cooperative membership network. The funding needed to implement the
Affiliate Member loan arrangements would initially be in the tens of millions of
dollars. There is no assurance that Dental Cooperative will have greater success
in attracting this amount of capital as a public company than has been
experienced by Dental Cooperative as a private company over the last
approximately five years.

         Our capital requirements over the next several years will substantially
increase and will exceed cash flow expected to be generated through management
fees as now being received. Therefore, to finance our operating and capital
requirements, we will need to obtain one or more lines of credit from banks or
other financing sources, and from time to time will need to issue additional
equity securities. .

         We may not be able to obtain additional required capital on
satisfactory terms, if at all. The failure to raise the funds necessary to
finance the expansion of our operations or our other capital requirements could
materially and adversely affect our ability to pursue our strategy and our
operating results in future periods. If additional funds are raised through the
issuance of equity securities, dilution to our existing stockholders may result.
If additional funds are raised through the incurrence of debt, such debt
instruments will likely contain restrictive financial, maintenance and security
covenants.

         All members of Dental Cooperative can sever their member relationship
at any time, especially under the Associate Member arrangement in which there is
no loan from Dental Cooperative to the member. Although these member agreements
contain non-compete clauses, there is no assurance either that Dental
Cooperative can retain current members or that departing members will not have
the ability to adversely affect our efforts to recruit a new member in the area
of the departing member. Since 1999, a total of 85 dentists have signed member
agreements with Dental Cooperative. This number compares with the 71 dentists
who are currently members. This attrition can be explained by a number of
reasons, but is indicative of the problem facing Dental Cooperative as it
attempts to provide benefits to our members with limited financial and
management resources. Even assuming all current members stay with Dental
Cooperative, there is no assurance that satisfactory new members can be
recruited and assimilated in existing or new markets.

         Michael Silva currently owns approximately 1/3 of the total issued and
outstanding common stock of Dental Cooperative. Together with Marlon Berrett,
these two managers own approximately 50% of the outstanding common stock, and
thus have the ability to exert significant influence over the outcome of
fundamental corporate transactions requiring stockholder approval, including
mergers and sales of assets and the election of the members of Our Board of
Directors. Sales of shares by such stockholders could reduce the level of such
influence.

                                       16
<PAGE>

ITEM 3.           Controls and Procedures

Evaluation of Disclosure Controls and Procedures

         Based on their evaluations as of June 30, 2004, the Chief Executive
Officer and the Chief Financial Officer of the Company have concluded that the
Company's disclosure controls and procedures (as defined in Rules 13A-14(c) and
15D-14(c) under the Securities Exchange Act) are effective to ensure that
information required to be disclosed by the Company in reports that the Company
files or submits under the Securities Exchange Act is recorded, processed,
summarized and reported within the time periods specified in the rules and forms
of the Securities and Exchange Commission.

Changes in Internal Controls

         There were no significant changes in the Company's internal controls or
in other factors that could significantly affect these internal controls
subsequent to the date of their most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.

                                       17
<PAGE>

PART II. OTHER INFORMATION

ITEM 2.           Changes in Securities.

         On June 30, 2004, the Company closed on our acquisition of Dental
Cooperative, Inc. and in that connection issued 18,823,288 new shares of our
common stock, no par value, to the shareholders of Dental Cooperative, Inc. This
issuance and exchange of the Company's shares for the shares of Dental
Cooperative, Inc. were pursuant to an exemption from registration under
Regulation D, Rule 505, under the Securities Act of 1933. All of these new
shares are "restricted securities" as defined by Rule 144 under the Securities
Act of 1933.

ITEM 4.           Items Submitted to Vote of Shareholders.

         On July 28, 2004, the Company convened a Special Meeting of our
shareholders. At that meeting, duly noticed and convened, a quorum of shares was
present and the following actions were taken the shareholders:

         1.       The shareholders approved the reorganization agreement with
                  Dental Cooperative, including the issue of a controlling
                  number of shares of common stock to the shareholders of Dental
                  Cooperative. This approval was by a majority of the issued and
                  outstanding shares of the Company.

         2.       The shareholders voted to change the name of the Company to
                  "Dental Patient Care America, Inc." This name change was
                  effected in July 2004 and will be reflected in future filings
                  with the Commission. This approval was by a majority of the
                  issued and outstanding shares of the Company.

         3.       The shareholders elected Michael Silva, Marlon Berrett and
                  Harry L. ("Pete") Petersen as directors of the Company. At
                  closing of the Dental Cooperative acquisition on June 30,
                  2004, Joseph Ollivier and Lynn Stratford resigned as directors
                  of the Company. These elections were by a plurality of the
                  votes present and voting at the meeting.


ITEM 6.           Exhibits and Reports on Form 8-K

                  (a)      Form 8-K was filed on July 7, 2004 announcing the
                           closing of the Dental Cooperative acquisition.

                  (b       Exhibits

                  Certifications Furnished

                           31.1     Certification of the Chief Executive Officer
                                    under Section 302 of the Sarbanes Oxley Act

                           31.2     Certification of the Chief Financial Officer
                                    under Section 302 of the Sarbanes Oxley Act

                           32       Certification under Section 906 of the
                                    Sarbanes Oxley Act

                                       18
<PAGE>

SIGNATURES

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

                                     Dental Patient Care Americal, Inc.



Dated: August 31, 2004               By:  /s/ Michael Silva
                                        ----------------------------------------
                                         Michael Silva
                                         Chairman and CEO



Dated: August 31, 2004               By:  /s/ Brad Berrett
                                        ----------------------------------------
                                         Brad Berrett
                                         Chief Financial and Accounting Officer

                                       19