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

                                   FORM 10-QSB

(Mark One)
[X]      QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
         ACT OF 1934 For the quarterly period ended: January 31, 2007

[ ]      TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
         For the transition period from _________________ to _________________

                        Commission file number 333-102441

                              BRINX RESOURCES LTD.
        (Exact name of small business issuer as specified in its charter)

                 NEVADA                               98-0388682
     (State or other jurisdiction                    (IRS Employer
   of incorporation or organization)               Identification No.)

                 820 PIEDRA VISTA ROAD NE, ALBUQUERQUE, NM 87123
               (Address of principal executive offices)(Zip Code)

                                 (505) 250-9992
                           (Issuer's telephone number)

                                 NOT APPLICABLE
        (Former name, former address, and former fiscal year, if changed
                               since last report)

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

Indicate by check mark whether the registrant is a  shell company (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 the latest practicable date:
   24,529,832 SHARES OF COMMON STOCK, $.001 PAR VALUE, AS OF FEBRUARY 28, 2007

Transitional Small Business Disclosure Format (check one):       Yes     No  X
                                                                    ---     ---



<PAGE>

                              BRINX RESOURCES LTD.
                                      INDEX





                                                                          PAGE
PART I.  UNAUDITED FINANCIAL INFORMATION

 Item 1. Condensed Interim Financial Statements

         Condensed Balance Sheets
           October 31, 2006 and January 31, 2007                            2

         Condensed Statements of Operations
           Three Months Ended January 31, 2006 and 2007                     3

         Condensed Statements of Cash Flows
           Three Months Ended January 31, 2006 and 2007                     4

         Notes to Condensed Financial Statements                          5 - 10

 Item 2. Management's Discussion and Analysis or Plan of Operation          11

 Item 3. Controls and Procedures                                            15

PART II. OTHER INFORMATION

 Item 1. Legal Proceedings                                                  15

 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds        15

 Item 3. Defaults Upon Senior Securities                                    15

 Item 4. Submission of Matters to a Vote of Security Holders                16

 Item 5. Other Information                                                  16

 Item 6. Exhibit Index                                                      16

 Signatures                                                                 17














<PAGE>
BRINX RESOURCES LTD.
CONDENSED BALANCE SHEETS
<TABLE>
<CAPTION>
===================================================================================================================
                                                                                    October 31,       January 31,
                                                                                       2006              2007
-------------------------------------------------------------------------------------------------------------------
                                                                                     (Audited)         (Unaudited)
<S>                                                                             <C>               <C>

ASSETS


CURRENT ASSETS
   Cash and cash equivalents                                                    $      436,547    $      344,805
      Accounts receivable                                                              173,003           150,048
                                                                                ---------------   ---------------

      Total current assets                                                             609,550           494,853

UNDEVELOPED MINERAL INTERESTS, AT COST                                                     811               811
OIL AND GAS INTERESTS, FULL COST METHOD OF ACCOUNTING, NET OF
   ACCUMULATED DEPLETION                                                             1,808,850         1,847,370
                                                                                ---------------   ---------------

TOTAL ASSETS                                                                    $    2,419,211    $    2,343,034
=================================================================================================================


LIABILITIES AND STOCKHOLDERS' EQUITY


CURRENT LIABILITIES
   Accounts payable and accrued liabilities                                    $        95,716    $       42,129
   Loans and interest payable to related parties                                             -            33,541
                                                                                ---------------   ---------------

   Total current liabilities                                                            95,716            75,670

LOANS AND INTEREST PAYABLE TO RELATED PARTIES                                           43,655                 -
ASSET RETIREMENT OBLIGATIONS                                                            28,847            32,218
                                                                                ---------------   ---------------

TOTAL LIABILITIES                                                                      168,218           107,888
                                                                                ---------------   ---------------

COMMITMENT

STOCKHOLDERS' EQUITY
   Preferred stock - $0.01 par value; authorized - 1,000,000 shares
      Issued - none                                                                          -                 -
   Common stock - $0.001 par value; authorized - 100,000,000 shares
      Issued and outstanding - 24,529,832 shares at October 31, 2006 and
        at January 31, 2007                                                             24,530            24,530
   Capital in excess of par value                                                    2,775,778         2,775,778
   Accumulated (deficit)                                                              (549,315)         (565,162)
                                                                                ---------------   ---------------

   Total stockholders' equity                                                        2,250,993         2,235,146
                                                                                ---------------   ---------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                      $    2,419,211    $    2,343,034
=================================================================================================================
</TABLE>


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

                                       2
<PAGE>
BRINX RESOURCES LTD.
CONDENSED STATEMENTS OF OPERATIONS
(Unaudited)
<TABLE>
<CAPTION>
=============================================================================================

                                                             For the Three     For the Three
                                                              Month Period      Month Period
                                                                 Ended             Ended
                                                              January 31,       January 31,
                                                                  2006              2007
---------------------------------------------------------------------------------------------
<S>                                                        <C>                <C>

REVENUES                                                   $            -     $     247,789
                                                           ---------------    --------------

DIRECT COSTS
   Production costs                                                     -            20,960
   Depletion and accretion                                              -           181,766
   General and administrative                                      40,245            60,327
                                                           ---------------    --------------
                                                                  (40,245)         (263,053)

OPERATING INCOME (LOSS)                                           (40,245)          (15,264)

OTHER INCOME AND EXPENSE
   Interest expense - related                                        (631)             (583)
                                                           ---------------    --------------

NET (LOSS) FOR THE PERIOD                                  $      (40,876)    $     (15,847)
============================================================================================

NET INCOME (LOSS) PER COMMON SHARE -
BASIC AND DILUTED                                          $       (0.002)    $      (0.001)
============================================================================================

WEIGHTED AVERAGE NUMBER OF COMMON
SHARES OUTSTANDING -
BASIC AND DILUTED                                              23,407,668        24,529,832
============================================================================================
</TABLE>



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

                                       3
<PAGE>
BRINX RESOURCES LTD.
CONDENSED STATEMENTS OF CASH FLOWS
(Unaudited)
<TABLE>
<CAPTION>
===================================================================================================================


                                                                                  For the Three    For the Three
                                                                                   Month Period     Month Period
                                                                                      Ended            Ended
                                                                                    January 31,      January 31,
                                                                                      2006              2007
-------------------------------------------------------------------------------------------------------------------
<S>                                                                              <C>               <C>

CASH FLOWS FROM (USED IN) OPERATING
ACTIVITIES
  Net (Loss)                                                                     $      (40,876)   $     (15,847)
  Adjustments  to reconcile  net (loss) to
    net cash (used) in operating activities
    Depletion and accretion                                                                   -          181,766

  Changes in working capital:
    Decrease (increase) in accounts receivable                                                -           22,955
    Increase (decrease) in accounts payable and
      accrued liabilities                                                              (383,993)         (53,587)
    Interest payable - related                                                              631              583
    Increase (decrease) in due to related party                                               -             (697)
                                                                                 ----------------  --------------

  Net cash provided (used) by operating activities                                     (424,238)         135,173
                                                                                 ---------------   --------------

CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES
  Expenditures on oil and gas interests                                                (556,939)        (216,915)
                                                                                 ---------------   --------------


CASH FLOWS FROM FINANCING ACTIVITIES
  Sale of common stock                                                                  509,940                -

  Repayment of loan to related party                                                          -          (10,000)
                                                                                 ---------------   --------------

  Net cash provided (used) by financing activities                                      509,940          (10,000)
                                                                                 ---------------   --------------

NET INCREASE (DECREASE) IN CASH                                                        (471,237)         (91,742)

CASH, BEGINNING OF PERIODS                                                              582,986          436,547
                                                                                 ---------------   --------------

CASH, END OF PERIODS                                                             $      111,749    $     344,805
==================================================================================================================
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:

      Asset retirement cost incurred                                             $            -    $      (2,521)
                                                                                  --------------   --------------
      Asset retirement obligation incurred                                       $            -    $       2,521
                                                                                  --------------   --------------
</TABLE>




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


                                       4


<PAGE>
BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         Brinx Resources Ltd. (the "Company") was incorporated under the laws of
         the State of Nevada on December 23, 1998, and issued its initial common
         stock in February 2001. The Company holds undeveloped  mineral interest
         located  in New  Mexico  and holds  oil and gas  interests  located  in
         Oklahoma and  Mississippi.  In 2006, the Company  commenced oil and gas
         production and started earning revenues. Prior to 2006, the Company was
         considered  a  development  stage  company as defined by  Statement  of
         Financial  Accounting  Standards No. 7 ("SFAS 7").  Effective 2006, the
         Company ceased being considered a development stage company.

         The  accompanying  condensed  financial  statements  of the Company are
         unaudited.  In the  opinion  of  management,  the  condensed  financial
         statements include all adjustments, consisting only of normal recurring
         adjustments, necessary for fair presentation. The results of operations
         for the three month period ended  January 31, 2007 are not  necessarily
         indicative  of  the  operating  results  for  the  entire  year.  These
         condensed  financial  statements should be read in conjunction with the
         financial statements and notes included in our Form 10-KSB for the year
         ended October 31, 2006.

         Except for the  historical  information  contained in this Form 10-QSB,
         this Form contains  forward-looking  statements  that involve risks and
         uncertainties.  Our actual results could differ  materially  from those
         discussed in this Report.  Factors  that could cause or  contribute  to
         such  differences  include,  but are not limited to those  discussed in
         this Report and any documents incorporated herein by reference, as well
         as the Annual  Report on Form  10-KSB for the year  ended  October  31,
         2006.

         USE OF ESTIMATES

         The oil and gas industry is subject,  by its nature,  to  environmental
         hazards  and  clean-up  costs.  At this  time,  management  knows of no
         substantial costs from environmental  accidents or events for which the
         Company may be currently liable. In addition, the Company's oil and gas
         business  makes it  vulnerable  to  changes  in prices of crude oil and
         natural  gas.  Such  prices  have been  volatile in the past and can be
         expected to be volatile in the future.

         OIL AND GAS INTERESTS

         The Company utilizes the full cost method of accounting for oil and gas
         activities.  Under  this  method,  subject  to a  limitation  based  on
         estimated  value,  all  costs  associated  with  property  acquisition,
         exploration   and   development,   including   costs  of   unsuccessful
         exploration,  are capitalized  within a cost center. No gain or loss is
         recognized upon the sale or abandonment of undeveloped or producing oil
         and gas interests  unless the sale represents a significant  portion of
         oil  and  gas   interests  and  the  gain   significantly   alters  the
         relationship  between capitalized costs and proved oil and gas reserves
         of the cost center. Depreciation, depletion and amortization of oil and
         gas  interests is computed on the units of  production  method based on
         proved  reserves,  or upon  reasonable  estimates where proved reserves
         have  not  yet  been  established  due to the  recent  commencement  of
         production.  Amortizable costs include estimates of future  development
         costs of proved undeveloped reserves.





                                       5

<PAGE>
BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 1 - ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)


         OIL AND GAS INTERESTS (continued)

         Capitalized  costs of oil and gas  interests  may not  exceed an amount
         equal to the present value,  discounted at 10%, of the estimated future
         net cash  flows  from  proved oil and gas  reserves  plus the cost,  or
         estimated fair market value,  if lower, of unproved  interests.  Should
         capitalized costs exceed this ceiling, an impairment is recognized. The
         present  value of  estimated  future  net cash  flows  is  computed  by
         applying year end prices of oil and gas to estimated future  production
         of proved oil and gas reserves as of year end,  less  estimated  future
         expenditures  to be incurred in  developing  and  producing  the proved
         reserves and assuming continuation of existing economic conditions.

         REVENUE RECOGNITION

         The Company  recognizes  oil and gas  revenues  from its  interests  in
         producing  wells as oil and gas is  produced  and sold from these wells
         and when ultimate collection is reasonably assured.

         ASSET RETIREMENT OBLIGATIONS

         The  Company  follows  SFAS  143   "Accounting  for  asset   retirement
         obligations". SFAS 143 addresses financial accounting and reporting for
         obligations  associated  with the  retirement  of  tangible  long-lived
         assets and the associated  asset  retirement  costs.  SFAS 143 requires
         recognition  of the present value of  obligations  associated  with the
         retirement of tangible  long-lived  assets in the period in which it is
         incurred.   The  liability  is  capitalized  as  part  of  the  related
         long-lived  asset's  carrying  amount.  Over  time,  accretion  of  the
         liability is  recognized  as an operating  expense and the  capitalized
         cost is depreciated over the expected useful life of the related asset.
         The Company's  asset  retirement  obligations  related to the plugging,
         dismantlement,  removal, site reclamation and similar activities of its
         oil and gas exploration activities.

         INCOME TAXES

         We have made no  provision  for income taxes for the three month period
         ended  January 31, 2007 since the pre-tax  income will be offset by net
         operating  loss  carryforwards.  We had  approximately  $1,276,484  and
         $742,396  of  such   carryforwards   at  October  31,  2006  and  2005,
         respectively.

         (LOSS) PER SHARE

         (Loss) per  common  share is  computed  based on the  weighted  average
         number of common shares outstanding during the periods.  Diluted (loss)
         per common  share has not been  separately  disclosed  as the effect of
         outstanding   stock  options  and  stock  purchase  warrants  would  be
         anti-dilutive.






                                       6

<PAGE>


BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 2 - BASIS OF PRESENTATION AND LIQUIDITY

         The accompanying  condensed financial  statements have been prepared on
         the basis of accounting principles applicable to a going concern, which
         contemplates   the   realization  of  assets  and   extinguishment   of
         liabilities  in  the  normal  course  of  business.  As  shown  in  the
         accompanying  condensed  balance  sheet the Company has  accumulated  a
         deficit of $565,162  through  January 31,  2007.  These  factors  among
         others  raise  substantial  doubt  that  the  Company  will  be able to
         continue in existence.  The Company's condensed financial statements do
         not include any adjustments  related to the realization of the carrying
         value of assets or the amounts and  classification  of liabilities that
         might be  necessary  should  the  Company  be  unable  to  continue  in
         existence. The Company's ability to establish itself as a going concern
         is dependent upon its ability to obtain additional financing,  in order
         to  commence   exploration   activities  on  its  mining  property  and
         ultimately, to achieve profitable operations.  Management believes that
         they can be successful in obtaining  equity financing which will enable
         the Company to continue in existence  and  establish  itself as a going
         concern.

NOTE 3 - OIL AND GAS INTERESTS

================================================================================
                                                     October 31,     January 31,
                                                        2006            2007
--------------------------------------------------------------------------------
Owl Creek Project, Oklahoma                       $   1,318,846   $   1,330,295
Three Sands Project, Oklahoma                           618,081         623,547
Palmetto Point Project, Mississippi                     420,000         420,000
Frio-Wilcox Prospect, Mississippi                       100,000         300,000
Asset retirement cost                                    26,654          29,175
Less: Accumulated depletion and impairment             (674,731)       (855,647)
================================================================================
                                                  $   1,808,850   $   1,847,370
================================================================================

         The Company holds the following oil and gas interests:

         OWL CREEK PROJECT

         On August 10,  2005,  the Company  acquired a 70%  working  interest in
         Ranken Energy  Corporation's  Owl Creek Project for a total buy-in cost
         of $211,750 plus dry hole costs. The interest is located in Oklahoma.

         On June 1, 2006, the Company completed the sale of 20% of the Powell #2
         well and  future  drill  sites on the Owl Creek  Project.  The  Company
         retains a 50% working interest in the Project.  The agreement calls for
         a one time cash  payment to the Company of $300,000  and for each party
         to be responsible  for their portion of the cost to complete the Powell
         #2 well and future drill sites.  The Company retained a 70% interest in
         two spacing units of approximately  160 acres and the two wells located
         on them.  These wells are the  Johnson#1 and the  producing  well,  the
         Powell #1.








                                       7
<PAGE>
BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 3 - OIL AND GAS INTERESTS (CONTINUED)

         On August 3, 2006, the Company completed the sale of 7.5% of the Isbill
         #1-36 well and future drill sites on the Owl Creek Project. The Company
         retains a 42.5% working  interest in the Project.  The agreement  calls
         for a one time cash  payment to the  Company of  $100,000  and for each
         party to be  responsible  for their portion of the cost to complete the
         Isbill #1-36 well and future  exploration.  The Company  retained a 70%
         interest in two spacing  units of  approximately  160 acres and the two
         wells  located on them and a third  spacing  unit of  approximately  80
         acres where the Company retained a 50% interest.  The 70% wells are the
         Johnson  #1 and the  producing  well,  the  Powell #1. The 50% well and
         associated spacing unit is the producing well, the Powell #2.

         THREE SANDS PROJECT

         On October 6, 2005,  The  Company  acquired a 40%  working  interest in
         Vector  Exploration  Inc.'s Three Sands Project for a total buy-in cost
         of $88,000 plus dry hole costs. The interests are located in Oklahoma.

         PALMETTO POINT PROJECT

         On  February  28,  2006,  The Company  acquired a 10% working  interest
         before production and an 8.5% revenue interest after production in a 10
         well program at Griffin & Griffin  Exploration  Inc.'s  Palmetto  Point
         Project for a total buy-in cost of $350,000. On September 26, 2006, the
         Company  acquired an additional 2 well within this program for $70,000.
         The interests are located in Mississippi.

         FRIO-WILCOX PROSPECT

         On August 2, 2006,  the  Company  signed a  memorandum  agreement  with
         Griffin & Griffin LLC (the  operator)  to  participate  in two proposed
         drilling  programs  located in Mississippi  and Louisiana.  The Company
         acquired a 10% working interest in this project before production and a
         prorated  reduced  working  interest  after  production  based  on  the
         operator's interest portion. See also note 13.

         IMPAIRMENT

         Under the full cost method,  the Company is subject to a ceiling  test.
         This ceiling test  determines  whether  there is an  impairment  to the
         proved  properties.  The  impairment  amount  represents  the excess of
         capitalized  costs over the present  value,  discounted  at 10%, of the
         estimated  future net cash  flows from the proven oil and gas  reserves
         plus the cost, or estimated fair market value.  There was no impairment
         recorded for the three months ended January 31, 2007 or 2006.

         DEPLETION

         Under the full  cost  method,  depletion  is  computed  on the units of
         production  method  based  on  proved  reserves,   or  upon  reasonable
         estimates  where proved  reserves have not yet been  established due to
         the recent commencement of production. Depletion expense recognized was
         $180,916 and $0 for the three  months ended  January 31, 2007 and 2006,
         respectively.





                                       8
<PAGE>
BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 4 - ASSET RETIREMENT OBLIGATIONS

         The  Company  follows  SFAS  143   "Accounting  for  asset   retirement
         obligations". SFAS 143 addresses financial accounting and reporting for
         obligations  associated  with the  retirement  of  tangible  long-lived
         assets and the associated  asset  retirement  costs.  SFAS 143 requires
         recognition  of the present value of  obligations  associated  with the
         retirement of tangible  long-lived  assets in the period in which it is
         incurred. As of October 31, 2006, we recognized the future cost to plug
         and abandon the gas wells over the estimated  useful lives of the wells
         in accordance with SFAS No.143.  The liability for the fair value of an
         asset  retirement  obligation  with  a  corresponding  increase  in the
         carrying value of the related  long-lived asset is recorded at the time
         a well is  completed  and ready for  production.  We will  amortize the
         amount  added to the oil and gas  properties  and  recognize  accretion
         expense in connection with the discounted  liability over the remaining
         life of the  respective  well.  The  estimated  liability  is  based on
         historical  experience  in plugging  and  abandoning  wells,  estimated
         useful lives based on engineering studies, external estimates as to the
         cost to plug and  abandon  wells in the  future and  federal  and state
         regulatory requirements.  The liability is a discounted liability using
         a  credit-adjusted  risk-free  rate of 12%.  Revisions to the liability
         could  occur due to changes in plugging  and  abandonment  costs,  well
         useful  lives or if federal or state  regulators  enact new guidance on
         the plugging and abandonment of wells.

         We will  amortize  the  amount  added  to oil and  gas  properties  and
         recognize accretion expense in connection with the discounted liability
         over the remaining useful lives of the respective wells.

         The  information  below  reflects  the  change in the asset  retirement
         obligations during the following periods:


================================================================================
                                                   October 31,      January 31,
                                                          2006             2007
--------------------------------------------------------------------------------
Balance, beginning of period                    $        3,595   $       28,847
Liabilities assumed                                     23,059            2,521
Accretion expense                                        2,193              850
================================================================================
Balance, end of period                          $       28,847   $       32,218
================================================================================

         The  reclamation  obligation  relates to the Kodesh  wells at the Three
         Sands Property;  Powell #1 and #2 and Johnson #1 wells at the Owl Creek
         Property,  the F36-2,  F-39, F-40, F-42, F-118,  F-6B, F-52A, F-4, F-29
         and F-12 at the Palmetto  Point  Project and the F-14 and  CMR-USA39-14
         well at the Frio-Wilcox  Project.  The present value of the reclamation
         liability  may be  subject  to  change  based on  management's  current
         estimates,   changes  in  remediation  technology  or  changes  to  the
         applicable laws and  regulations.  Such changes will be recorded in the
         accounts of the Company as they occur.




                                       9

<PAGE>
BRINX RESOURCES LTD.
NOTES TO CONDENSED FINANCIAL STATEMENTS
Period ended January 31, 2007
(Unaudited)
================================================================================

NOTE 5 - RELATED PARTY TRANSACTIONS

         During the three months ended  January 31,  2007,  the Company  entered
         into the following transactions with related parties:

         a)     As of January 31, 2007,  loans due to related  parties  totaling
                $27,498 were  outstanding  and have been extended to December 18
                and 31, 2007,  with interest at the prime rate and 6% per annum.
                On December 24, 2006, the Company repaid $10,000 of the loans to
                one of the related parties.

         b)     Accrued  interest  expense  on loans  payable to related parties
                totaled $6,043.

         c)     Paid $15,000  in management fees  and  reimbursement  of  office
                space to the President of the Company.

         d)     Paid $6,500 to a related entity for administration services.

NOTE 6 - COMMITMENT

         On August 2, 2006,  the Company  signed a memorandum to  participate in
         two proposed  drilling  programs  located in Mississippi and Louisiana.
         The Company will have a 10% working  interest  before  production and a
         prorated  reduced  working  interest  after  production  based  on  the
         operator's  interest  portion,  as stated in the agreement based on the
         specific wells listed.  The Company has paid $300,000 up to January 31,
         2007 and is committed to a further $100,000 payable.






















                                       10


<PAGE>


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

OVERVIEW

         We are an  independent  oil and gas  company  engaged  in  exploration,
development  and  production  of oil and  natural  gas. As  production  of these
products continues,  they will be sold to purchasers in the immediate area where
the products are produced.

         Until 2005, our focus was on our undeveloped  mineral  interests and we
were considered,  at that time, to be a development stage company engaged in the
acquisition and exploration of mineral and oil and gas properties. We still hold
an  interest  in  undeveloped  mineral  interests  located  in New  Mexico  (the
"Antelope  Pass  Project").  However,  in 2005,  we suspended  activities on our
undeveloped mineral properties indefinitely in order to focus on our oil and gas
properties and we did not conduct any  operations or  exploration  activities on
our undeveloped mineral properties during the fiscal year ended October 31, 2006
or during the three months ended January 31, 2007.

         During 2005 and 2006, we acquired undeveloped oil and gas interests and
commenced exploration activities on those interests. Our undeveloped oil and gas
interests are located in Oklahoma and Mississippi. In 2006, we commenced oil and
gas production and started earning revenues. Prior to 2006, we were considered a
development  stage  company as  defined by  Statement  of  Financial  Accounting
Standards  No. 7 ("SFAS  7").  Effective  2006,  we ceased  being  considered  a
development stage company.

         Our plan of operations is to continue to produce commercial  quantities
of oil and gas  and to  drill  re-entries  to  test  the oil and gas  productive
capabilities  of our oil and gas  properties.  As noted above, we have suspended
our efforts  indefinitely  on the Antelope Pass Project in order to focus on our
oil and gas  interests.  Although we have commenced oil and gas  production,  we
cannot  provide  assurance  to  investors  that our oil and gas  projects or our
mineral claims contain commercially exploitable resources.

         The proceeds from our private  placements  of  $1,749,908  and from the
sale of oil and gas  interests of $400,000  during fiscal year ended October 31,
2006, and our operating revenues, are insufficient to cover the costs associated
with our oil and gas  properties  and our  other  working  capital  requirements
during fiscal year ended  October 31, 2007. As a result,  we expect that we will
require  additional  funding to cover the costs  associated with our oil and gas
properties and our other working capital  requirements  and that such additional
funding  will be in the form of  equity  financing  from the sale of our  common
stock.  However,  we cannot provide investors with any assurance that we will be
able to raise sufficient  funding from the sale of our common stock to cover our
oil and gas  operations or our other  working  capital  requirements.  We do not
presently have any  arrangements  in place for any future equity  financing.  We
believe that debt financing will not be an alternative for our cash needs.

OIL AND GAS PROPERTIES

         OWL CREEK PROJECT

         ACQUISITIONS AND SALES OF OIL AND GAS INTERESTS. On August 10, 2005, we
acquired a 70% working interest in Ranken Energy Corporation's Owl Creek Project
for a total  buy-in  cost of  $211,750  plus  dry hole  costs  (the  "Owl  Creek
Project"). The Owl Creek Project is located in Oklahoma. A "working interest" is
an  interest  in an oil and gas lease that gives the owner of the  interest  the
right to drill for and  produce oil and gas on the leased  acreage and  requires
the owner to pay a share of the costs of drilling and production operations. The
share of production to which a working interest owner is entitled will always be
smaller than the share of costs that the working  interest  owner is required to
bear,  with the balance of the  production  accruing to the owners of royalties.
Our working interest in the Owl Creek Project includes leasehold interests,  two
re-entry test wells,  geologic  expenses,  brokerage  costs,  3-D seismic usage,
geophysical interpretations,  and overhead. We will also participate in drilling
operations and related costs.

         On June 1, 2006,  we sold an  undivided  20% of our 70% interest in the
Powell #2 well and untested  spacing units at the Owl Creek Project to Delta Oil
and Gas Inc.,  a Nevada  corporation  ("Delta"),  for a lump sum cash payment of
$300,000.  Delta has funded its portion of the completion  cost of the Powell #2
well,  as well as costs  related to future wells on the project.  As a result of
the sale to Delta, we now hold a 50% interest in the Powell #2 well.



                                       11
<PAGE>

         Also in June 2006,  we  acquired a 50%  interest  in an  additional  85
leased acres located at the eastern end of the Owl Creek Project, increasing the
project's scope to over 1,200 acres. We paid $17,000 for the additional acreage.

         On August 3,  2006,  we sold an  additional  7.5%  interest  of our 50%
interest in the untested  acreage in the Owl Creek Project to Lexaria  Corp.,  a
Nevada corporation ("Lexaria"),  for a lump sum payment of $100,000. As a result
of the sale to Lexaria,  we now retain a 42.5% interest in the untested  acreage
in the Owl Creek Project. Each party is responsible for its portion of the costs
to drill and complete  the Isbill #1 well and future  drill sites.  We have also
retained a 70% interest in two spacing unit and the wells containing the Johnson
#1 and Powell #1 and a 50% interest in one spacing unit and the well  containing
the Powell #2.

         OPERATIONS. We completed the Powell #1 well on the Owl Creek Project in
early  February  2006.  During  production,  the Powell #1 well  produced  1,280
barrels  of oil and 8,227 mcf of natural  gas ("mcf" is defined as one  thousand
cubic feet).  The Powell #1 well is currently  shut in and may be converted to a
saltwater disposal well in the near future. We hold a 70% interest in the Powell
#1 well.

         We completed  drilling  the Powell #2 well in June 2006.  As of January
31, 2007,  the Powell #2 well has produced over 28,000  barrels of oil and 7,726
mcf of natural gas. As of the date of this  filing,  the Powell #2 well is still
flowing  naturally  at a flowing  tubing  pressure  of 80 pounds per square inch
though  a  23/64-inch  choke  at a rate of 140  barrels  oil and 50 to 55 mcf of
natural gas per day. We hold a 50% interest in the Powell #2 well.

         In late August 2006, we commenced drilling the Isbill #1 well, which is
an offset well to the Powell #2 well.  The Isbill #1 well  reached a total depth
of 5,775 feet in  mid-September  2006.  After  examination  of the well logs, we
determined that the sands that are producing in the Powell #2 well were too thin
in the  Isbill  #1 well to  produce  economic  quantities  of oil and gas.  As a
result,  the Isbill #1 well has been  plugged  and the drill  location  has been
restored. We hold 42.5% interest in the Isbill #1 well.

         In late  February  2007,  we  commenced  drilling the Isbill #2 well, a
direct offset to the Powell #2 producing  well. We anticipate that the Isbill #2
well  will  reach a total  depth of  5,900 by the end of March  2007 and we will
assess its  commercial  viability  at that time.  We hold 42.5%  interest in the
Isbill #2 well.

         THREE SANDS PROJECT

         ACQUISITION OF OIL AND GAS INTERESTS. On October 6, 2005, we acquired a
40% working  interest in Vector  Exploration  Inc.'s  Three Sands  Project for a
total buy-in cost of $88,000,  plus dry hole costs (the "Three Sands  Project").
The Three Sands  Project is located in  Oklahoma.  Our  working  interest in the
Three Sands Project includes leasehold interests,  one re-entry production well,
and two drilling wells. We also  participate in drilling  operations and related
costs in proportion to our working interest.

         OPERATIONS.  Drilling of the Kodesh #1 disposal  well was  completed on
October 3, 2005 and drilling of the Kodesh #2 well was  completed on October 23,
2005.  Completion  and  equipping of these wells took place during  mid-December
2005 through  early  January  2006.  The Kodesh #2 well is now producing oil and
gas. As of January 31, 2007,  the Kodesh #2 well has produced  2,083  barrels of
oil and 2,821 mcf of natural gas.

         During  January  2007, we  re-entered  the Dye Estate #1 well.  The Dye
Estate #1 well is  currently  being tested in a former  producing  zone and will
subsequently be tested in an untested and un-produced zone shallow. This zone is
the  Garber  sand and lies at a depth of  approximately  1,700 feet in the 2,100
foot deep Dye Estate #1 well.  In the event the Dye Estate #1 well  proves to be
commercially  viable,  water  from the well will be  disposed  in the  Kodesh #1
disposal  well  and  any  natural  gas  will  be sold  through  a meter  located
approximately  1,200 feet from the well. The line has already been laid and will
be connected in the event the well starts producing.

         PALMETTO POINT PROJECT

         ACQUISITION OF OIL AND GAS INTERESTS. On February 28, 2006, we acquired
a 10% working  interest  before  completion  and an 8.5% revenue  interest after
completion,  in a  10-well  program  at  Griffin &  Griffin  Exploration  Inc.'s
Palmetto Point Project, for a total buy-in cost of $350,000 (the "Palmetto Point
Project").  On September 26, 2006, we acquired two additional wells (the PP F-6B
and PP F52-A wells) within the Palmetto Point Project for $70,000.  The


                                       12
<PAGE>

Palmetto Point Project is located in  Mississippi.  The program for the Palmetto
Point Project has been completed and no further  wells are planned at this time.
The Frio-Wilcox Prospect described below is the successor to the Palmetto  Point
Project and will continue our exploration and development in the Frio and Wilcox
area.

         OPERATIONS.  Griffin & Griffin  Exploration  Inc.,  as  operator of the
Palmetto  Point  Project,  shot and analyzed  areas of 3D seismic and identified
over 80 drill targets. The drilling program at Palmetto Point commenced in early
May 2006. By August 2006,  five wells in the Palmetto  Point Project (the F-118,
F-42,  F-40, F-39 and F-36-2 wells) were placed into production  selling natural
gas.  High line  pressure  has  limited  the amount of  natural  gas that can be
produced to a minimal amount until  additional  compression  can be place on the
line to reduce  pressure.  As of January 31,  2007,  production  from these five
wells has totaled over 53 million cubic feet of gas.

         As of January 2007, Griffin & Griffin Exploration Inc. has successfully
drilled the last three wells at the Palmetto Point Project, (the PP F-4, PP F-29
and the PP F-12  wells),  to  3,982,  4,200 and 4,100  feet,  respectively.  The
initial core analysis and logs indicate  potential gas zones  totaling nine feet
of pay in the PP F-4  well,  28  feet of net pay  zone in the PP F-12  well  and
multiple pay zones  totaling 35 feet in the PP F-29 well. All of these zones are
within the sands of the Frio  Formation.  Production  casing has been run on all
three wells, and we anticipate  completing these within thirty to ninety days of
this filing.  The two additional  wells for the Palmetto  Point Project,  the PP
F-6B and PP  F52-A  wells,  are  completed  and we  anticipate  commencement  of
operations  on these two wells during the first six months of calendar  2007. Of
the original ten wells of the Palmetto Point Project, two were dry holes, and as
of January 2007, the program at the Palmetto Point Project has been completed.

         FRIO-WILCOX PROSPECT

         ACQUISITION OF OIL AND GAS INTERESTS.  On August 2, 2006, we executed a
joint-venture  memorandum  agreement  with  Griffin  and Griffin LLC (which will
serve as the operator for the  Frio-Wilcox  Prospect),  Delta Oil and Gas, Inc.,
Turner Valley Oil and Gas Company,  Lexaria Corporation,  and the Stallion Group
to  participate  in  two  proposed   drilling   programs  located  in  Southwest
Mississippi  and Northeast  Louisiana,  comprised of up to 50 natural gas and/or
oil wells, at a price of $400,000 (the  "Frio-Wilcox  Prospect").  We have a 10%
working  interest in the Frio-Wilcox  Prospect before  production and a prorated
reduced  working  interest after  production  based on the  operator's  interest
portion.  In exchange for our interest,  we paid $100,000 as of October 31, 2006
and an additional  $200,000 on November 16, 2006. As a result of weather related
delays,  the requirement for our final payment of $100,000 was deferred and paid
in February 2007. As of the date of this filing, we have completed a substantial
portion of leasing and title  curative work in connection  with the  Frio-Wilcox
Prospect.

         OPERATIONS.  Due to  unexpected  weather  delays,  we  have  not  fully
recommenced  operations  at  the  Frio-Wilcox  Prospect  in  calendar  2007.  We
anticipate  recommencing full exploration on the Frio-Wilcox Prospect by the end
of the first calendar quarter of 2007.

         In  September  2006,  the CMR USA 39-14 well was  drilled to a depth of
3,200 feet. As of December  2006, the CMR USA 39-14 was  successfully  completed
and it is producing natural gas at a rate of approximately 140 mcf per day.

         In  January  2007,  the Dixon #1 well,  a Wilcox  Formation  test,  was
drilled to 8,650  feet.  We did not find any  commercial  oil or natural  gas in
connection  with the Dixon #1 well and it will be plugged and  abandoned by June
2007.

         The  drilling  of a  third  well  in the  program  at  the  Frio-Wilcox
Prospect,  the BR-24 well, was completed in February 2007 and production  casing
has been run.

         We intend to drill  three to five  additional  Frio  wells and one deep
test well during  calendar year 2007.  The proposed  wells will be targeting the
Frio and Wilcox geological  formations.  The first 20 proposed wells are located
within tie-in range of existing pipelines infrastructures.

RESULTS OF OPERATIONS

         We realized  revenues of $247,789 during the three months ended January
31, 2007  (compared  with no revenues  for the three  months  ended  January 31,
2006), all from our oil and gas properties. However, we can provide no assurance


                                       13
<PAGE>

that we will continue to produce commercially  exploitable levels of oil and gas
resources on our properties, or if additional resources are discovered,  that we
will enter into commercial production of such oil and gas properties.

         For the three  months  ended  January 31,  2007,  we incurred a loss of
$15,847,  compared with a loss of $40,876 for the three months ended January 31,
2006. Our general and  administrative  costs  increased to $60,327 for the three
months ended  January 31, 2007 (from  $40,245 for the three months ended January
31, 2006).  Our general and  administrative  costs include the  preparation  and
filing of our period  reports with the  Securities  and Exchange  Commission and
salary expenses of $5,000 per month. Additionally, during the three months ended
January 31, 2007,  we incurred  production  costs of $20,960 and  depletion  and
accretion costs of $181,766, (we had no production, depletion or accretion costs
during the three months ended January 31, 2006). The increase in these costs was
directly  attributable  to our  commencement of oil and gas production in fiscal
2006.

         Our accumulated deficit through January 31, 2007 was $565,162.

LIQUIDITY AND CAPITAL RESOURCES

         As of January 31, 2007, we had cash of $344,805 and accounts receivable
of $150,048, compared to cash of $436,547 and accounts receivable of $173,003 as
of October  31,  2006.  Our working  capital at January  31, 2007 was  $419,183,
compared to $513,834 as of October 31, 2006.

         During the three months ended  January 31, 2007,  operating  activities
generated  surplus  cash of  $135,173  (we used cash of $424,238  for  operating
activities during the three months ended January 31, 2006).

         We used cash of $216,915 for the purchase  and  exploration  of our oil
and gas operations  during the three months ended January 31, 2007,  compared to
$556,939 during the three months ended January 31, 2006. During the three months
ended January 31, 2007, cash of $10,000 was paid to a related party in repayment
of a loan and as of January 31, 2007, $33,541 was owed to related parties.

OFF-BALANCE SHEET ARRANGEMENTS

         We did not have any  off-balance  sheet  arrangements as of January 31,
2007.

CRITICAL ACCOUNTING POLICIES

         UNDEVELOPED OIL AND GAS INTERESTS

           We  utilize  the  full  cost  method  of  accounting  for oil and gas
activities. Under this method, subject to a limitation based on estimated value,
all costs  associated with property  acquisition,  exploration and  development,
including  costs of  unsuccessful  exploration,  are  capitalized  within a cost
center.  No  gain or  loss  is  recognized  upon  the  sale  or  abandonment  of
undeveloped  or producing  oil and gas  interests  unless the sale  represents a
significant  portion of oil and gas interests and the gain significantly  alters
the relationship  between  capitalized  costs and proved oil and gas reserves of
the  cost  center.  Depreciation,  depletion  and  amortization  of oil  and gas
interests  is  computed  on the  units of  production  method  based  on  proved
reserves,  or upon reasonable  estimates where proved reserves have not yet been
established  due to the recent  commencement  of production.  Amortizable  costs
include estimates of future development costs of proved undeveloped reserves.

           Capitalized  costs of oil and gas  interests may not exceed an amount
equal to the present value,  discounted at 10%, of the estimated future net cash
flows from proved oil and gas reserves plus the cost,  or estimated  fair market
value, if lower, of unproved  interests.  Should  capitalized  costs exceed this
ceiling, an impairment is recognized.  The present value of estimated future net
cash flows is computed by applying  year end prices of oil and gas to  estimated
future  production of proved oil and gas reserves as of year end, less estimated
future  expenditures  to be  incurred in  developing  and  producing  the proved
reserves and assuming continuation of existing economic conditions.

         ASSET RETIREMENT OBLIGATIONS

           We follow SFAS 143  "Accounting  for asset  retirement  obligations".
SFAS 143 addresses financial


                                       14
<PAGE>


accounting  and  reporting  for obligations associated  with the  retirement  of
tangible long-lived assets and the associated asset retirement costs.  SFAS  143
requires recognition  of the  present  value  of obligations associated with the
retirement of tangible long-lived assets in the period in which it is  incurred.
The liability is capitalized as part of the related long-lived  asset's carrying
amount.  Over  time,  accretion  of  the liability is recognized as an operating
expense and the capitalized  cost is depreciated over the expected  useful  life
of the  related  asset.  Our asset  retirement  obligations  are related to  the
plugging, dismantlement, removal, site reclamation and similar activities of our
oil and gas exploration activities.

FORWARD LOOKING STATEMENTS

         Certain  statements in this Quarterly Report on Form 10-QSB, as well as
statements made by us in periodic press releases and oral statements made by our
officials to analysts and shareholders in the course of presentations  about the
company,   constitute   "forward-looking   statements".   Such   forward-looking
statements  involve known and unknown  risks,  uncertainties,  and other factors
that may cause our actual results,  performance or achievements to be materially
different  from any future  results,  performance or  achievements  expressed or
implied by the forward looking  statements.  Such factors  include,  among other
things, (1) general economic and business conditions; (2) interest rate changes;
(3) the  relative  stability  of the debt and  equity  markets;  (4)  government
regulations particularly those related to the natural resources industries;  (5)
required  accounting  changes;  (6)  disputes or claims  regarding  our property
interests; and (7) other factors over which we have little or no control.

GOING CONCERN

         The report of our independent  auditors on the financial statements for
the year ended October 31, 2006,  included an explanatory  paragraph relating to
the uncertainty of our ability to continue as a going concern.  We have suffered
losses since inception.  These factors,  among others,  raise  substantial doubt
about our ability to continue as a going concern. There can be no assurance that
we will be able to obtain additional funding to engage in further exploration of
our mineral claims or to commence principal operations.  Even if we were able to
commence principal operations,  there is no assurance that such operations would
be profitable.

ITEM 3.  CONTROLS AND PROCEDURES

         As of the end of the period  covered by this  report,  our sole officer
carried out an  evaluation of the  effectiveness  of the design and operation of
our  disclosure  controls  and  procedures  (as defined in Rules  13a-15(e)  and
15d-15(e) under the Exchange Act).  Based on this  evaluation,  our sole officer
concluded  that our disclosure  controls and procedures  lack adequate staff and
industry resources in order to be effective. Subsequent to the end of the period
covered by this report,  we have implemented  procedures to correct this control
deficiency,  which includes hiring additional staff who have adequate  knowledge
of full cost pool accounting.

            Our sole  officer  has  concluded  that there were no changes in our
internal  control  over  financial  reporting  that  occurred  during the fiscal
quarter ended January 31, 2007 that have materially affected,  or are reasonably
likely to materially affect,  our internal control over financial  reporting and
that  there were no  significant  deficiencies  or  material  weaknesses  in our
internal controls.

                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS

         Not Applicable.

ITEM 2.  UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

         Not Applicable.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         Not Applicable.



                                       15
<PAGE>

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

         Not Applicable.

ITEM 5.  OTHER INFORMATION

         Not Applicable.

ITEM 6.  EXHIBITS.

--------------------------------------------------------------------------------
REGULATION
S-B NUMBER                               EXHIBIT
--------------------------------------------------------------------------------
   3.1         Articles of Incorporation (1)
--------------------------------------------------------------------------------
   3.2         Bylaws (1)
--------------------------------------------------------------------------------
   3.3         Certificate of Change Pursuant to NRS 78.209 (2)
--------------------------------------------------------------------------------
  10.1         Letter Agreement with Ranken Energy dated August 10, 2005 (3)
--------------------------------------------------------------------------------
  10.2         Letter Agreement with Vector Exploration, Inc. dated October 6,
               2005 (4)
--------------------------------------------------------------------------------
  10.3         Assignment Agreement Letter Agreement between Brinx Resources
               Ltd. and Bud Enterprises dated February 28, 2006 (5)
--------------------------------------------------------------------------------
  10.4         Extension Agreement between Brinx Resources Ltd. and Bud
               Enterprises dated March 14, 2006 (5)
--------------------------------------------------------------------------------
  10.5         Assignment and Assumption Agreement with Delta Oil and Gas Inc.,
               dated June 1, 2006 (6)
--------------------------------------------------------------------------------
  10.6         Memorandum re: Mississippi Frio-Wilcox Joint Venture with Griffin
               & Griffin, dated August 2, 2006 (7)
--------------------------------------------------------------------------------
  10.7         Assignment and Assumption Agreement with Lexaria Corp., a Nevada
               corporation, dated August 3, 2006 (7)
--------------------------------------------------------------------------------
  31.1         Rule 15d-14(a) Certification
--------------------------------------------------------------------------------
  32.1         Certification Pursuant to 18 U.S.C. Section 1350, as Adopted
               Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
--------------------------------------------------------------------------------

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

(1)   Incorporated by reference to the exhibits to the registrant's registration
      statement on Form SB-1, file number 333-102441.
(2)   Incorporated by reference to  the  exhibits  to  the registrant's  current
      report on Form 8-K dated September 26, 2004, filed September 27, 2004.
(3)   Incorporated  by  reference  to the exhibits to the registrant's quarterly
      report on Form 10-QSB for the quarter ended July 31, 2005, filed September
      14, 2005.
(4)   Incorporated by  reference to  the  exhibits to  the registrant's  current
      report on Form 8-K dated October 6, 2005, filed October 12, 2005.
(5)   Incorporated  by  reference to  the exhibits  to  the registrant's current
      report on Form 8-K dated February 28, 2006, filed February 9, 2006.
(6)   Incorporated by  reference to  the  exhibits to the  registrant's  current
      report on Form 8-K dated June 1, 2006, filed June 2, 2006.
(7)   Incorporated by reference to the exhibits  to the  registrant's  quarterly
      report on Form 10-QSB for the quarter ended July 31, 2006, filed September
      19, 2006.


                                       16

<PAGE>


                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.

                                  BRINX RESOURCES LTD.
                                  (Registrant)


Date:  March 14, 2007             By:  /s/ LEROY HALTERMAN
                                     -------------------------------------------
                                     Leroy Halterman,
                                     President, Secretary & Treasurer
                                     (principal executive and financial officer)






















                                       17