UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q


(Mark One)
|X|                 QUARTERLY REPORT UNDER SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 2002

                                       OR

|_|               TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

             For the transition period from __________ to __________


                         Commission File Number 1-11748


                       EASTERN AMERICAN NATURAL GAS TRUST
             (Exact name of registrant as specified in its charter)


 Delaware                                                       36-7034603
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                          Identification No.)

                                The Bank of New York
                        Care of BNY Midwest Trust Company
                             2 North Lasalle Street
                             Chicago, Illinois 60602
                    (Address of principal executive offices)
                                   (Zip Code)

                                 (312) 827-8553
              (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 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   |_|

As of November 19, 2002, 5,900,000 Units of Beneficial Interest in Eastern
American Natural Gas Trust were outstanding.

<PAGE>

<TABLE>

                                                                 16
                                                   PART I - FINANCIAL INFORMATION

                                                    ITEM 1. Financial Statements

                                                 EASTERN AMERICAN NATURAL GAS TRUST

                                                 STATEMENTS OF DISTRIBUTABLE INCOME
                                                             (Unaudited)
<CAPTION>

                                                            Nine Months Ended                      Three Months Ended
                                                              September 30                           September 30


                                                2002                  2001              2002                 2001
                                                ----                  ----              ----                 ----

<S>                                             <C>                    <C>               <C>                 <C>
Royalty Income                                  $6,412,497            $11,020,013       $2,449,277           $2,872,137

Operating Expenses:
         Taxes on production and property          436,647                747,026          165,480              196,533
         Operating cost charges                    376,506                384,831          125,232              128,277
                                                   -------                -------           -------             -------

         Total Operating Expenses                  813,153              1,131,857          290,712              324,810
                                                   -------              ---------          -------              -------

Net Proceeds to the Trust                        5,599,344              9,888,156        2,158,565            2,547,327


General and Administrative Expenses               (449,823)              (411,156)        (129,358)            (104,469)

Interest Income                                      1,404                  4,228              387                1,276

Cash Proceeds on Sale of Net Profits Interests     492,043                      0                0                    0
                                                  --------                -------          -------              -------


         Distributable Income                   $5,642,968             $9,481,228       $2,029,594           $2,444,134
                                                ==========             ==========       ===========          ==========

Distributable Income Per Unit (5,900,000
      Trust Units authorized and outstanding)      $0.9564                $1.6070          $0.3440              $0.4143
                                                   =======                =======          =======              =======

</TABLE>


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


<PAGE>


<TABLE>
                       EASTERN AMERICAN NATURAL GAS TRUST
               STATEMENTS OF ASSETS, LIABILITIES AND TRUST CORPUS
<CAPTION>


                                               September 30, 2002       December 31, 2001
                                               ------------------       -----------------
                                                   (Unaudited)
<S>                                             <C>                      <C>
Assets:

    Cash                                           $   387               $   1,201
    Net Proceeds Receivable                      2,158,565               1,957,988
    Net Profits Interests in Gas Properties     93,162,180              93,162,180
    Accumulated Amortization                   (53,355,617)            (49,992,199)
                                               -----------              ----------

       Total Assets                            $41,965,515             $45,129,170
                                               ===========             ===========



Liabilities and Trust Corpus:

    Trust General and Administrative
         Expenses Payable                        $ 129,358               $ 172,034
    Distributions Payable                        2,029,594               1,787,155
    Trust Corpus (5,900,000 Trust Units
         authorized and outstanding)            39,806,563              43,169,981
                                                ----------              ----------

       Total Liabilities and Trust Corpus      $41,965,515             $45,129,170
                                               ===========             ===========
</TABLE>


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


<PAGE>


                       EASTERN AMERICAN NATURAL GAS TRUST

                      STATEMENT OF CHANGES IN TRUST CORPUS
                                   (Unaudited)
<TABLE>
<CAPTION>


                                                 Nine Months           Nine Months
                                                    Ended                 Ended
                                               September 30, 2002      September 30, 2001
                                               ------------------      ------------------
<S>                                            <C>                     <C>
Trust Corpus, Beginning of Period               $43,169,981            $47,650,950
Distributable Income                              5,642,968              9,481,228
Distributions Payable to Unitholders             (5,642,968)            (9,481,228)

Amortization of Net Profits Interests in
     Gas Properties                              (3,363,418)            (3,366,575)
                                                 ----------             ----------
Trust Corpus, End of Period                     $39,806,563            $44,284,375
                                                ===========            ===========

</TABLE>

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


<PAGE>


                       EASTERN AMERICAN NATURAL GAS TRUST

                     NOTES TO UNAUDITED FINANCIAL STATEMENTS

NOTE 1.  Organization of the Trust

     The Eastern  American  Natural Gas Trust (the "Trust") was formed under the
Delaware   Business  Trust  Act  pursuant  to  a  Trust  Agreement  (the  "Trust
Agreement") among Eastern American Energy Corporation ("Eastern  American"),  as
grantor, Bank of Montreal Trust Company, as Trustee ("Trustee"),  and Wilmington
Trust  Company,  as Delaware  Trustee (the  "Delaware  Trustee").  The Trust was
formed to acquire and hold net profits  interests (the "Net Profits  Interests")
created from the working  interests  owned by Eastern  American in 650 producing
gas  wells  and 65  proved  development  well  locations  in West  Virginia  and
Pennsylvania (the "Underlying Properties").  The Net Profits Interests consisted
of a royalty  interest in 322 wells and a term interest in the  remaining  wells
and locations.  Prior to or on May 15, 2013, the Trustee is required to sell the
royalty interests and liquidate the Trust.

     On March 15,  1993,  5,900,000  Depositary  Units  were  issued in a public
offering at an initial public offering price of $20.50 per Depositary Unit. Each
Depositary  Unit  consists of  beneficial  ownership  of one unit of  beneficial
interest ("Trust Unit") in the Trust and a $20 face amount beneficial  ownership
interest in a $1,000 face amount zero coupon United States  Treasury  Obligation
("Treasury Obligation") maturing on May 15, 2013.

     Effective May 8, 2000,  The Bank of New York  acquired the corporate  trust
business of the Bank of Montreal Trust Company / Harris Trust. Consequently, The
Bank of New York serves as Trustee.

     The Net Profits  Interests  are passive in nature,  and neither the Trustee
nor the  Delaware  Trustee has  management  control or authority  over,  nor any
responsibility  relating to, the operation of the properties  subject to the Net
Profits Interests.  The Trust Agreement  provides,  among other things, that the
Trust  shall not engage in any  business or  commercial  activity or acquire any
asset other than the Net Profits Interests  initially conveyed to the Trust; the
Trustee  may  establish  a  reserve  for  payment  of  any  liability  which  is
contingent,  uncertain in amount or that is not currently  due and payable;  the
Trustee is authorized to borrow funds required to pay  liabilities of the Trust,
provided that such borrowings are repaid in full prior to further  distributions
to  Unitholders;  and the Trustee  will make  quarterly  cash  distributions  to
Unitholders from funds of the Trust.

NOTE 2.  Basis of Presentation

     The information furnished is based upon certain estimates of production for
the periods  presented and is therefore  subject to adjustment in future periods
to  reflect  actual  production  for  the  periods  presented.  The  information
furnished  reflects  all  adjustments  which are, in the opinion of the Trustee,
necessary  for a fair  presentation  of the  results  for  the  interim  periods
presented. The accompanying financial statements are unaudited interim financial
statements,  and  should  be read in  conjunction  with  the  audited  financial
statements and notes thereto  included in the Trust's Annual Report on Form 10-K
for the year ended December 31, 2001.

NOTE 3.  Trust Accounting Policies

     The  Trust  serves  as a  pass-through  entity,  with  items of  depletion,
interest  income and  expense,  and income tax  attributes  being based upon the
status and elections of  Unitholders.  Thus,  the  Statements  of  Distributable
Income  show  Distributable  Income,  defined  as  Trust  income  available  for
distribution to Unitholders before application of those Unitholders'  additional
expenses,  if any, for depletion,  interest expense, and income taxes. The Trust
uses the accrual basis to recognize  revenue,  with Royalty Income recognized as
reserves are extracted from properties and sold.  Expenses are also presented on
an accrual  basis.  Actual cash  receipts will vary from the accrual of revenues
due to, among other reasons, the payment provisions of the gas purchase contract
between the Trust and Eastern  Marketing  Corporation  (a  subsidiary of Eastern
American),  which requires payment with respect to gas production for a calendar
quarter  to be made to the Trust on or before  the tenth day of the third  month
following such quarter.

     Net  Profits  Interests  in Gas  Properties  are  periodically  assessed to
determine  whether  their net  capitalized  cost is  impaired.  The  Trust  will
determine  if a writedown  is  necessary  to its  investment  in the Net Profits
Interests in gas  properties to the extent that total  capitalized  costs,  less
accumulated  amortization,  exceed undiscounted future net revenues attributable
to proved gas reserves of the Underlying Properties. The Trust will then provide
a writedown to the extent that the net  capitalized  costs exceed the discounted
future net  revenues  attributable  to proved  gas  reserves  of the  Underlying
Properties.  Any such writedown would not reduce Distributable Income,  although
it would reduce Trust Corpus.

     Amortization  of the Net Profits  Interests in Gas Properties is calculated
on a units-of-production basis, whereby the Trust's cost basis in the properties
is divided by total Trust  proved  reserves to derive an  amortization  rate per
reserve unit. Such amortization does not reduce Distributable  Income, rather it
is charged directly to Trust Corpus.

NOTE 4.  Income Taxes

     The Trust is a grantor  trust and is not  required  to pay federal or state
income  taxes.  Accordingly,  no provision for federal or state income taxes has
been made. All income is taxed to the Unitholders of the Trust.


<PAGE>


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

Cautionary Statement

     The Trustee and Eastern  American,  its officers or its agents on behalf of
the Trust may, from time to time, make  forward-looking  statements  (other than
statements  of  historical  fact).  When used herein,  the words  "anticipates,"
"expects,"  "believes,"  "intends" or  "projects"  and similar  expressions  are
intended  to  identify  forward-looking  statements.  To  the  extent  that  any
forward-looking  statements  are made,  the Trust is  unable to  predict  future
changes in gas prices, gas production levels, economic activity, legislation and
regulation,  and  certain  changes in expenses of the Trust.  In  addition,  the
Trust's  future  results  of  operations  and other  forward-looking  statements
contained in this item and  elsewhere  in this report  involve a number of risks
and uncertainties. As a result of variations in such factors, actual results may
differ materially from any forward-looking statements. Some of these factors are
described below. The Trustee and Eastern American,  disclaims any obligations to
update forward  looking  statements and all such  forward-looking  statements in
this  document  are  expressly  qualified  in their  entirety by the  cautionary
statements in this  paragraph and by the statements in the Annual Report on Form
10-K.

General

     The Trust does not  conduct  any  operations  or  activities.  The  Trust's
purpose is, in general,  to hold the Net Profits  Interests,  to distribute  the
cash  proceeds  to  Unitholders  which the Trust  receives in respect of the Net
Profits Interests (net of Trust expenses), and to perform certain administrative
functions  in respect of the Net Profits  Interests  and the  Depositary  Units.
Accordingly,  the Trust derives  substantially  all of its income and cash flows
from the Net Profits Interests.  The Trust has no source of liquidity or capital
resources other than the cash flows from the Net Profits Interests.

     The Net  Profits  Interests  were  created  pursuant  to  conveyances  (the
"Conveyances")  from Eastern  American to the Trust.  In  connection  therewith,
Eastern  American  assigned its rights under a gas purchase  contract  (the "Gas
Purchase Contract") which obligates Eastern Marketing Corporation,  a subsidiary
of Eastern  American,  to  purchase  all of the natural  gas  produced  from the
Underlying Properties which is attributable to the Net Profits Interests.

     The Conveyances and the Gas Purchase  Contract entitle the Trust to receive
an amount of cash for each  calendar  quarter equal to the Net Proceeds for such
quarter.  "Net Proceeds" for any calendar  quarter  generally means an amount of
cash equal to (a) 90% of a volume of gas equal to (i) the volume of gas produced
during such quarter attributable to the Underlying Properties less (ii) a volume
of gas equal to  "Chargeable  Costs"  for such  quarter,  multiplied  by (b) the
applicable price for such quarter under the Gas Purchase  Contract.  "Chargeable
Costs" is that volume of gas which equates in value,  determined by reference to
the relevant sales price under the Gas Purchase Contract or the Conveyances,  as
applicable,  to the sum of the  "Operating  Cost  Charge",  "Capital  Costs" and
"Taxes".  The  "Operating  Cost  Charge"  for 2002 is based on an annual rate of
$503,354,  and for 2001 was an annual rate of $513,106. In subsequent years, the
Operating  Cost  Charge  will  fluctuate  based on the index of  average  weekly
earnings of Crude Petroleum and Gas Production  Workers (published by the United
States Department of Labor,  Bureau of Labor  Statistics),  but not more than 5%
per year. The Operating Cost Charge was not increased as Development  Wells were
completed  but will be  reduced  for  each  well  that is sold  (free of the Net
Profits  Interests)  or plugged and  abandoned.  "Capital  Costs" means  Eastern
American's  working  interest  share of  capital  costs  for  operations  on the
Underlying Properties, but only for items having a useful life of at least three
years,  and not including any capital costs incurred in drilling the Development
Wells. "Taxes" means ad valorem taxes, production and severance taxes, and other
taxes  imposed  on  the  Trust's  interest  in  the  Underlying  Properties,  or
production therefrom.

     Pursuant to the Gas Purchase  Contract,  Eastern  Marketing is obligated to
purchase  such gas  production  at a  purchase  price per Mcf equal to the Index
Price. The Index Price for any quarter is determined  solely by reference to the
Variable  Price  component.  The Variable  Price for any quarter is equal to the
Henry Hub  Average  Spot  Price (as  defined)  per MMBtu  plus  $0.30 per MMBtu,
multiplied by 110% to effect a fixed  adjustment for Btu content.  The Henry Hub
Average Spot Price is defined as the price per MMBtu determined for any calendar
quarter equal to the price  obtained with respect to each of the three months in
such quarter,  in the manner specified below, and then taking the average of the
prices  determined for each of such three months.  The price  determined for any
month of such quarter is equal to the average of (i) the final  settlement price
per MMBtu for Henry Hub Gas Futures Contracts (as defined below), as reported in
The Wall Street  Journal,  for such contracts  which expired in each of the five
months prior to such month,  (ii) the final settlement price per MMBtu for Henry
Hub Gas Futures  Contracts,  as reported  in The Wall Street  Journal,  for such
contracts which expire during such month and (iii) the closing  settlement price
per MMBtu of Henry  Hub Gas  Futures  Contracts  determined  as of the  contract
settlement date for such month, as reported in The Wall Street Journal, for such
contracts  which expire in each of the six months  following such month. A Henry
Hub Gas  Futures  Contract is defined as a gas  futures  contract  for gas to be
delivered to the Henry Hub that is traded on the New York Mercantile Exchange.

     Accordingly,  the Index Price  payable to the Trust for  production  may be
higher or lower based on the  fluctuations  in natural gas futures prices during
the  relevant  calculation  period.  The price  payable to the Trust will have a
direct impact,  positively or negatively, on the quarterly distributions payable
by the Trust to its Unitholders.

     Eastern American had a disagreement with the Trust over Eastern  American's
obligation to drill certain  Development Wells that were closely offset by third
parties.  The  Trust  agreed  that in  lieu of  drilling  these  closely  offset
Development Wells,  Eastern American could provide the Trust, on an annual basis
commencing on April 1, 1997,  and over the remaining life of the Trust, a volume
of gas which is equal to the projected  volumes of the wells as if they had been
drilled.  These volumes have been estimated by Ryder Scott Company,  independent
petroleum engineers.  During the quarter ended September 30, 2002, an additional
volume of 5,260 Mcf was delivered to the Trust, as compared to 5,833 Mcf for the
quarter ended  September 30, 2001.  These  additional  volumes  fulfill  Eastern
American's  obligation to provide  volumes for  Development  Wells that had been
closely offset by third parties.

     Eastern  American has fulfilled its obligation with respect to the drilling
of the Development Wells. Since the inception of the Trust,  Eastern has drilled
a total of 59  Development  Wells,  which are  online  and  producing.  (See the
Trust's  Form  10-K for the  fiscal  year  ended  December  31,  2001 for a more
complete description of the Development Wells.)

     During the quarter  ended March 31, 2002, a Coal Lessee  contacted  Eastern
American and inquired as to whether it would sell the Western  Pocahontas # 7, #
8 and # 10 Wells which are wells in which the Trust owns a Net Profits Interest.

     The Coal Lessee stated that the wells would  materially  interfere with the
Coal Lessee's proposed mining operations.

     Eastern  American  reviewed the Trust  Agreement and production  from these
wells to determine if it could cause the Trust to sell its Net Profits  Interest
in the Wells.  Upon  review,  it was  discovered  that the Net Profits  Interest
associated with the Western  Pocahontas # 7 well accounted for more than .25% of
the total  production  from the Underlying  Properties for the prior twelve (12)
month period.  Eastern  American  advised the Coal Lessee that it could not sell
this well.

     Subsequent  thereto  the Coal  Lessee  insisted  that the well needed to be
plugged in order for them to proceed with their proposed mining operations.  The
Coal Lessee took the position  that the coal estate was the dominant  estate and
that, under the applicable oil and gas lease and case law, the Coal Lessee could
cause the Trust and Eastern American to plug and abandon the well so long as the
Coal Lessee fairly  compensated  the Trust and Eastern  American.  While Eastern
American and the Trust did not necessarily  agree with the Coal Lessee position,
the Coal  Lessee  threatened  to  institute  a  Declaratory  Judgment  Action to
determine the respective interest of the parties.

     As a result,  and in an effort to avoid  litigation,  the Trust and Eastern
American entered into a Settlement  Agreement and Release of All Claims with the
Coal Lessee pursuant to which Eastern agreed to sell the Western  Pocahontas # 7
well for the amount of $426,187  during the quarter  ended March 31,  2002.  The
Trust's  share of the proceeds of $303,438 was  distributed  to the Trust during
the quarter ended March 31, 2002.

     During the quarter ended June 30, 2002,  the Coal Lessee  purchased the two
additional wells, the Western  Pocahontas # 8 and #10, in which the Trust owns a
net  profits  interest  for the amount of  $209,561.  The  Trust's  share of the
proceeds  of $188,605  was  included  in the  Distributable  Income of the Trust
during the quarter ended June 30, 2002.

Comparison of Results of Operations for Three Months Ended September 30, 2002
and Three Months Ended September 30, 2001
-----------------------------------------

     The Trust's  Distributable Income was $2,029,594 for the three months ended
September  30,  2002,  as  compared to  $2,444,134  for the three  months  ended
September 30, 2001.  This decrease was due to a decrease in the price payable to
the Trust under the Gas Purchase Contract as discussed below ($4.028 per Mcf for
the three months ended  September 30, 2002;  $4.514 per Mcf for the three months
ended  September  30,  2001).  This  decrease  was  also  due to a  decrease  in
production of gas attributable to the Net Profits Interests for the three months
ended  September  30, 2002 (608 Mmcf),  as  compared to the three  months  ended
September  30,  2001  (636  Mmcf).   The  decline  in  production  is  primarily
attributable  to natural  production  declines  and the sale of wells.  Taxes on
production  and property were $165,480 for the three months ended  September 30,
2002,  as compared to $196,533 for the three months  ended  September  30, 2001.
This  decrease  was due to the  decrease in Royalty  Income for the three months
ended  September  30, 2002  ($2,449,277),  as compared to the three months ended
September 30, 2001 ($2,872,137).

     The price payable to the Trust for gas production  attributable  to the Net
Profits  Interests  was $4.028 per Mcf for the three months ended  September 30,
2002 and $4.514 per Mcf for the three months ended September 30, 2001. The price
per Mcf was lower for the three months ended  September  30, 2002,  than for the
corresponding  three month period ended September 30, 2001, due to a decrease in
the average  spot market  price for gas  delivered  at the Henry Hub near Henry,
Louisiana  ($3.362 per Dth for the three months ended September 30, 2002; $3.804
per Dth for the three months ended September 30, 2001).

Comparison of Results of Operations for Nine Months Ended September 30, 2002
and Nine Months Ended September 30, 2001
----------------------------------------

     The Trust's  distributable  income was $5,642,968 for the nine months ended
September  30,  2002,  as  compared  to  $9,481,228  for the nine  months  ended
September  30, 2001.  This  decrease was due to a decrease in the average  price
payable to the Trust under the Gas Purchase  Contract as discussed below ($3.615
per Mcf for the nine months ended  September  30,  2002;  $5.901 per Mcf for the
nine months ended September 30, 2001).  This decrease was also due to a decrease
in  production  of gas  attributable  to the Net Profits  Interests for the nine
months ended  September  30, 2002 (1,772  Mmcf),  as compared to the nine months
ended  September 30, 2001 (1,870  Mmcf).  The decline in production is primarily
attributable  to natural  production  declines  and the sale of wells.  Taxes on
production  and property were  $436,647 for the nine months ended  September 30,
2002, as compared to $747,026 for the nine months ended September 30, 2001. This
decrease  was due to the  decrease in Royalty  Income for the nine months  ended
September 30, 2002 ($6,412,497),  as compared to the nine months ended September
30, 2001 ($11,020,013).  The Distributable Income includes Cash Proceeds on Sale
of Net Profits  Interests of $492,043 for the nine months  ended  September  30,
2002, while no such sales were recognized in the nine months ended September 30,
2001.

     The average price payable to the Trust for gas production  attributable  to
the Net Profits Interests was $3.615 per Mcf for the nine months ended September
30, 2002,  and $5.901 per Mcf for the nine months ended  September 30, 2001. The
average  price per Mcf was lower for the nine months ended  September  30, 2002,
than for the corresponding  nine month period ended September 30, 2001, due to a
decrease in the average  spot market  price for gas  delivered  at the Henry Hub
near Henry,  Louisiana  ($2.987 per Dth for the nine months ended  September 30,
2002; $5.064 per Dth for the nine months ended September 30, 2001).

ITEM 3.  Quantitative and Qualitative Disclosures about Market Risk.

     The Trust does not utilize market risk sensitive instruments.

ITEM 4.  Controls and Procedures.

     Evaluation of Disclosure  Controls and  Procedures.  The Trustee  maintains
disclosure controls and procedures designed to ensure that information  required
to be disclosed  by the Trust in the reports that it files or submits  under the
Exchange  Act of 1934,  as  amended,  is  recorded,  processed,  summarized  and
reported within the time periods  specified in the SEC's rules and  regulations.
Disclosure  controls and procedures include controls and procedures  designed to
ensure that information required to be disclosed by the Trust is accumulated and
communicated by the working interest owner,  Eastern American Energy Corporation
("Eastern American"),  to The Bank of New York, as Trustee of the Trust, and its
employees who participate in the preparation of the Trust's  periodic reports as
appropriate to allow timely decisions regarding required disclosure.

     Within  90 days of the date of this  report,  the  Trustee  carried  out an
evaluation of the Trustee's disclosure controls and procedures. Robert Foltz, as
Agent of the  Trustee,  has  concluded  that the  controls  and  procedures  are
effective,   while  noting  certain   limitations  on  disclosure  controls  and
procedures as set forth below.

     Due to the contractual  arrangements of (i) the Trust  Agreement,  and (ii)
the rights of the Trustee under the Conveyances  regarding information furnished
by Eastern American,  there are certain potential  weaknesses that may limit the
effectiveness of disclosure  controls and procedures  established by the Trustee
or its employees  and their ability to verify the accuracy of certain  financial
information.  The  contractual  limitations  creating  potential  weaknesses  in
disclosure controls and procedures may be deemed to include:

     o    Eastern  American  and  its  consolidated   subsidiaries   manage  (i)
          historical operating data, including production volumes,  marketing of
          products, operating and capital expenditures,  environmental and other
          liabilities,  the  effects  of  regulatory  changes  and the number of
          producing  wells and  acreage,  (ii)  plans for future  operating  and
          capital  expenditures  and (iii) geological data relating to reserves.
          While the Trustee  requests  material  information for use in periodic
          reports as part of its disclosure controls and procedures, the Trustee
          does not  manage  this  information,  and relies  entirely  on Eastern
          American to provide accurate and timely information when requested for
          use in the Trust's reports.

     o    Under the terms of the Trust  Agreement,  the Trustee is entitled  to,
          and in fact does rely, upon certain  experts in good faith,  including
          (i) the  independent  reserve  engineer  with  respect  to the  annual
          reserve  report,  which  includes  projected   production,   operating
          expenses and capital expenses,  and (ii) the independent  auditors the
          Trustee has contracted  with respect to the annual audit and quarterly
          reviews of financial  data  provided by Eastern  American.  Other than
          contracting independent auditors and reviewing the financial and other
          information  provided to the Trust by Eastern  American on a quarterly
          basis, the Trustee makes no independent or direct verification of this
          financial  or other  information.  While the  Trustee has no reason to
          believe its reliance  upon experts is  unreasonable,  this reliance on
          experts  and  restricted  access  to  information  may be  viewed as a
          weakness.

     The Trustee  does not intend to expand its  responsibilities  beyond  those
permitted or required by the Trust Agreement and those required under applicable
law.

     Changes in Internal Controls.  To the knowledge of the Trustee,  there have
been no significant changes in the Trust's internal controls or in other factors
that could significantly  affect the Trust's internal controls subsequent to the
date the Trustee  completed  its  evaluation.  The Trustee notes for purposes of
clarification that it has no authority over, and makes no statement  concerning,
the internal controls of Eastern American.

                           PART II - OTHER INFORMATION

ITEM 1.    Legal Proceedings.

           None.

ITEM 2.    Changes in Securities.

           None.

ITEM 3.    Defaults Upon Senior Securities.

           None.

ITEM 4.    Submission of Matters to a Vote of Security Holders.

           None.

ITEM 5.    Other Information.

     For the calendar quarter ended September 30, 2002, the high and low closing
prices of the Treasury Obligations (which have $1,000 face principal amount), as
quoted in the  over-the-counter  market for United States Treasury  obligations,
were $644.20 and $560.70 respectively.  On September 30, 2002, the closing price
of the Treasury Obligations, as quoted on such market, was $644.20.

     The Trust  provides  Unitholders  with the option to  separate  the related
Treasury  Obligation  from the Trust Units.  Upon  exercising  this option,  the
Trustee  transfers  such Trust Units from the name of the Depositary to the name
of the  withdrawing  Unitholder.  As of  September  30,  2002,  this  option was
exercised on 57,900 Trust Units. (See the Trust's Annual Report on Form 10-K for
the fiscal year ended December 31, 2001, for a more complete  description of the
Withdrawal of Trust Units and Restriction on Transfer.)


<PAGE>


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

          (a)  Exhibits

Exhibit
Number     Description
------     -----------

3.1*     Second  Amended  and  Restated  Trust  Agreement  of Eastern  American
         Natural Gas Trust

4.1*     Specimen Depositary Receipt

4.2*     Form of NPI Royalty Deposit Agreement

10.1*    Form of Conveyance

10.2*    Form of Term NPI Conveyance

10.3*    Form  of  Gas  Purchase   Contract  between  Eastern  American  Energy
         Corporation,   Eastern  American  Marketing  Corporation  and  Eastern
         American Natural Gas Trust

10.5*    Form of  Conveyance  of  Production  Payment/Assignment  of Production
         from Eastern American Natural Gas Trust to Eastern American  Marketing
         Corporation

10.6*    Form of Assignment and Standby Performance Agreement

99.1**   Certification  pursuant  to 18  U.S.C.  Section  1350,  as  adopted
         pursuant to Section 906 of the Sarbanes-Oxley Act of 2002


---------------------
*    Incorporated by reference to the indicated  exhibits to filings  previously
     made by the Registrant  with the Securities  and Exchange  Commission.  All
     references  are to the  Registrant's  Registration  Statement  on Form S-1,
     Registration No. 33-56336, except for Exhibit 3.1, which is incorporated by
     reference to the Registrant's Annual Report on Form 10-K for the year ended
     December 31, 1994.

**   Incorporated  by  reference  to exhibit  99.1 to the  Registrant's  Current
     Report on Form 8-K dated November 19, 2002.

               (b)  Reports on Form 8-K

               No reports on Form 8-K were filed during the fiscal quarter ended
               September 30, 2002.

                                   SIGNATURES

     Pursuant to the  requirements  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.


                                 EASTERN AMERICAN NATURAL GAS TRUST

                                 By:  The Bank of New York, Trustee

                                 /s/  Robert Foltz
                                 -----------------
                                 Name:  Robert Foltz
                                 Title: Agent


Date: November 19, 2002

     The  Registrant,  Eastern  American  Natural  Gas Trust,  has no  principal
executive officer,  principal  financial officer,  board of directors or persons
performing similar functions. Accordingly no additional signatures are available
and none have been provided.



<PAGE>


                                  CERTIFICATION

I, Robert Foltz, Certify that:

1. I have  reviewed  this  quarterly  report  on Form 10-Q of  Eastern  American
Natural Gas Trust, for which The Bank of New York acts as Trustee;

2. Based on my  knowledge,  this  quarterly  report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this quarterly
report.

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this quarterly  report,  fairly present in all material
respects  the  financial  condition,  distributable  income and changes in trust
corpus of the registrant as of, and for, the periods presented in this quarterly
report;

4. I am responsible for  establishing  and maintaining  disclosure  controls and
procedures (as defined in Exchange Act Rules 13a-14 and 15d-14),  or for causing
such  controls  and  procedures  to  be  established  and  maintained,  for  the
registrant and have:

     a)  designed  such  disclosure  controls  and  procedures,  or caused  such
     controls and procedures to be designed, to ensure that material information
     relating to the registrant,  including its  consolidated  subsidiaries,  is
     made known to us by others within those entities,  particularly  during the
     period in which this quarterly report is being prepared;

     b) evaluated the effectiveness of the registrant's  disclosure controls and
     procedures  as of a date  within 90 days prior to the  filing  date of this
     quarterly report (the "Evaluation Date"); and

     c)  presented  in  this   quarterly   report  my   conclusions   about  the
     effectiveness  of  the  disclosure  controls  and  procedures  based  on my
     evaluation as of the Evaluation Date;

5. I have disclosed,  based on my most recent  evaluation,  to the  registrant's
auditors:

     a) all  significant  deficiencies  in the design or  operation  of internal
     controls which could adversely affect the  registrant's  ability to record,
     process,  summarize and report  financial data and have  identified for the
     registrant's auditors any material weaknesses in internal controls; and

     b) any fraud, whether or not material, that involves any persons who have a
     significant role in the registrant's internal controls; and

6. I have  indicated  in  this  quarterly  report  whether  or  not  there  were
significant  changes  in  internal  controls  or in  other  factors  that  could
significantly  affect internal controls subsequent to the date of my most recent
evaluation,   including  any  corrective  actions  with  regard  to  significant
deficiencies and material weaknesses.

     In giving the  foregoing  certifications  in paragraph 4, 5 and 6 above,  I
have relied to the extent I consider reasonable on information provided to me by
Eastern American Energy Corporation.

                                                    /s/  Robert Foltz
                                                    -----------------
                                                    Robert Foltz
                                                    Agent
                                                    The Bank of New York

Date:  November 19, 2002




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