UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   FORM 10-QSB


(X)  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITES  EXCHANGE
     ACT OF 1934

     For the quarterly period ended       September 30, 2000
                                    -------------------------------

(_)  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            0-30142
                            ----------------------------


                            ZEB ORO EXPLORATIONS INC.
                   ------------------------------------------
               (Exact name of registrant as specified in charter)


            Nevada                                              98-0205944
------------------------------------                         -------------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                               Identification No.)


825-1200 West 73rd Avenue
Vancouver, BC, Canada                                            V6P 6G5
--------------------------------------------                 ------------------
(Address of principal executive offices)                        (Zip Code)


                                  604-267-1100
                 -----------------------------------------------
               Registrant's telephone number, including area code


      ---------------------------------------------------------------------
      (Former name, address, and fiscal year, if changed since last report)


     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),  Yes [X] No [ ] and ( ) has been
subject to filing requirements for the past 90 days. Yes [X] No [ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the last practicable date.

             Class                          Outstanding as of September 30, 2000
-----------------------------------         ------------------------------------
  Common Stock, $0.001 per share                         11,025,000



<PAGE>

                                      INDEX




<TABLE>
<CAPTION>
                                                                                                 Page
PART 1.                                                                                         Number
                                                                                                ------
<S>                                                                                              <C>
         ITEM 1.  Financial Statements (unaudited).............................................   3

                  Balance Sheet as at September 30, 2000 and
                           December 31, 1999...................................................   4

                  Statement of Operations
                     For the three months ended September 30, 2000,
                        for the three months ended September 30, 1999,
                        for the nine months ended September 30, 2000,
                        for the nine months ended September 30, 1999
                        and for the period from March 4, 1999
                        (Date of Incorporation) to September 30, 2000..........................   5

                  Statement of Cash Flows
                      For the nine months ended September 30, 2000,
                         for the nine months ended September 30, 1999
                         and for the period from March 4, 1999
                         (Date of Incorporation) to September 30, 2000.........................   6

                  Notes to the Financial Statements............................................   7

         ITEM 2.  Plan of Operations...........................................................  10


PART 11           Signatures...................................................................  11
</TABLE>




                                       2
<PAGE>

                         PART 1 - FINANCIAL INFORMATION

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

                          ITEM 1. FINANCIAL STATEMENTS

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

The  accompanying  balance sheet of Zeb Oro  Explorations  Inc. (an  exploration
stage  company) at September 30, 2000 and December 31, 1999 and the statement of
operations  for the three months  ended and for the nine months ended  September
30, 2000 and  September  30, 1999 and for the period from March 4, 1999 (date of
incorporation) to September 30, 2000 and the statement of cash flow for the nine
months ended  September  30, 2000 and September 30, 1999 and for the period from
March 4, 1999 (date of  incorporation)  to September 30, 2000 have been prepared
by the Company's management and they do not include all information and notes to
the financial statements necessary for a complete  presentation of the financial
position,  results  of  operations,  cash  flows,  and  stockholders'  equity in
conformity  with generally  accepted  accounting  principles.  In the opinion of
management,  all adjustments considered necessary for a fair presentation of the
results of  operations  and  financial  position have been included and all such
adjustments are of a normal recurring nature.

Operating  results for the quarter ended September 30, 2000, are not necessarily
indicative of the results that can be expected for the year ending  December 31,
2000.











                                       3
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                                  BALANCE SHEET

                    September 30, 2000 and December 31, 1999

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                                                           SEPTEMBER 30,         DECEMBER 31,
                                                                                               2000                  1999
                                                                                           -------------         ------------
<S>                                                                                           <C>                   <C>
ASSETS

CURRENT ASSETS

     Bank                                                                                     $     --              $    340
                                                                                              --------              --------

                                                                                              $     --              $    340
                                                                                              ========              ========

LIABILITIES

      Bank overdraft                                                                          $     66              $     --
      Accounts payable and accrued liabilities                                                   2,013                 2,300
      Due to director                                                                           13,540                 6,540
                                                                                              --------              --------
                                                                                                15,619                 8,840
                                                                                              --------              --------

STOCKHOLDERS' EQUITY

     Common stock
           200,000,000 shares authorized, at $0.001 par
           value, 11,025,000 shares issued and outstanding                                      11,025                11,025

     Capital in excess of par value                                                             19,575                11,475

     Deficit accumulated during the development stage                                          (46,219)              (31,000)
                                                                                              --------              --------

           Total Stockholders' Deficiency                                                      (15,619)               (8,500)
                                                                                              --------              --------

                                                                                              $     --              $    340
                                                                                              ========              ========
</TABLE>








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


                                       4
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                             STATEMENT OF OPERATIONS

                 For the three months ended September 30, 2000,
                 for the three months ended September 30, 1999,
                  for the nine months ended September 30, 2000,
                  for the nine months ended September 30, 1999
                               and for period from
             March 4, 1999 (Date of Inception) to September 30, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                       FOR THE THREE      FOR THE THREE     FOR THE NINE      FOR THE NINE     FROM INCEPTION
                                        MONTHS ENDED       MONTHS ENDED     MONTHS ENDED      MONTHS ENDED           TO
                                        SEPTEMBER 30,      SEPTEMBER 30,    SEPTEMBER 30,     SEPTEMBER 30,     SEPTEMBER 30,
                                            2000               1999             2000              1999              2000
<S>                                     <C>               <C>               <C>               <C>               <C>
SALES                                   $         --      $         --      $         --      $         --      $         --
                                        ------------      ------------      ------------      ------------      ------------

GENERAL AND ADMINISTRATIVE
  EXPENSES:

     Accounting and audit                        825               250             2,850             2,500             7,900
     Bank charges and interest                    42                22               140               130               301
     Consulting                                   --                --                --             3,000             4,300
     Edgar filing fees                           255             1,190               663             1,984             4,177
     Geology report                               --               575                --             1,775             1,775
     Incorporation costs
       written off                                --                --                --               670               670
     Legal                                     1,597                --             1,597                --             1,597
     Management fees                           1,500             1,500             4,500             3,500             9,500
     Office expenses                              88               366               411               874             1,474
     Rent                                        900               900             2,700             2,100             5,700
     Staking fees                                 --                --                --               368             3,172
     Telephone                                   300               300               900               700             1,900
     Transfer agent's fees                        15                --             1,458             2,296             3,753
                                        ------------      ------------      ------------      ------------      ------------

NET LOSS                                $     (5,522)     $     (5,103)     $    (15,219)     $    (19,897)     $    (46,219)
                                        ============      ============      ============      ============      ============


NET LOSS PER COMMON SHARE

     Basic                              $         --      $         --      $         --      $         --
                                        ============      ============      ============      ============

AVERAGE OUTSTANDING SHARES

     Basic                                11,025,000        10,441,310        11,025,000        10,441,310
                                        ============      ============      ============      ============
</TABLE>


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



                                       5
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                             STATEMENT OF CASH FLOWS

                  For the nine months ended September 30, 2000,
                  for the nine months ended September 30, 1999
                            and for the period from
             March 4, 1999 (Date of Inception) to September 30, 2000

                      (Unaudited - Prepared by Management)

<TABLE>
<CAPTION>
                                                             FOR THE NINE         FOR THE NINE         FROM INCEPTION
                                                             MONTHS ENDED         MONTHS ENDED               TO
                                                             SEPTEMBER 30,        SEPTEMBER 30,         SEPTEMBER 30,
                                                                 2000                  1999                 2000
                                                          ------------------   ------------------    ------------------
<S>                                                             <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

     Net loss                                                   $(15,219)           $(19,897)           $(46,219)

     Adjustments to reconcile net loss to net cash
        provided by operating activities

          Increase in accounts payable                              (287)                 --               2,013
          Increase in due to a director                            7,000                  --              13,540
          Capital contributions - expenses                         8,100               6,300              17,100
                                                                --------            --------            --------

               Net Cash from Operations                             (406)            (13,597)            (13,566)
                                                                --------            --------            --------

CASH FLOWS FROM FINANCING
   ACTIVITIES:

          Proceeds from issuance of common stock                      --              13,500              13,500
                                                                --------            --------            --------


     Net Increase (Decrease) in Cash                                (406)                (97)                (66)

     Cash at Beginning of Period                                     340                  --                  --
                                                                --------            --------            --------

     CASH AT END OF PERIOD                                      $    (66)           $    (97)           $    (66)
                                                                ========            ========            ========


SCHEDULE OF NONCASH OPERATING ACTIVITIES

        Capital contributions - expenses                                            $ 17,100
                                                                                    ========
</TABLE>



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



                                       6
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                               September 30, 2000

                      (Unaudited - Prepared by Management)


1.   ORGANIZATION

     The Company was incorporated under the laws of the State of Nevada on March
     4, 1999 with the authorized  common shares of 200,000,000  shares at $0.001
     par value.

     The  Company was  organized  for the purpose of  acquiring  and  developing
     mineral  properties.  A mineral  claim,  with  unknown  reserves,  has been
     acquired.  The Company has not  established the existence of a commercially
     minable ore deposit and therefore has not reached the development stage and
     is considered to be in the exploration stage (see Note 3).

     The Company has completed a Regulation D offering of  11,025,000  shares of
     its capital stock for cash.


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

     Accounting Methods

     The Company  recognizes  income and expenses based on the accrual method of
     accounting.

     Dividend Policy

     The Company has not yet adopted a policy regarding payment of dividends.

     Income Taxes

     On September 30, 2000 the Company had a net operating loss carry forward of
     $46,219.  The tax benefit from the loss carry forward has been fully offset
     by a  valuation  reserve  because  the use of the  future  tax  benefit  is
     doubtful since the Company has no  operations.  The loss carry forward will
     expire in 2021.

     Earnings (Loss) per Share

     Earnings  (loss)  per share  amounts  are  computed  based on the  weighted
     average number of shares actually outstanding.

     Comprehensive Income

     The Company adopted  Statement of Financial  Accounting  Standards No. 130.
     The  adoption  of the  standard  had no impact  on the total  stockholder's
     equity.




                                       7
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                               September 30, 2000

                      (Unaudited - Prepared by Management)


2.   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

     Recent Accounting Pronouncements

     The Company does not expect that the  adoption of other  recent  accounting
     pronouncements will have a material impact on its financial statements.

     Cash and Cash Equivalents

     The  Company  considers  all highly  liquid  instruments  purchased  with a
     maturity,  at the time of purchase,  of less than three months,  to be cash
     equivalents.

     Capitalization of Mineral Claim Costs

     Cost  of  acquisition,   exploration,   carrying,   and  retained  unproven
     properties  are  expensed  as  incurred.  Costs  incurred  in  proving  and
     developing a property ready for production  are  capitalized  and amortized
     over  the life of the  mineral  deposit  or over a  shorter  period  if the
     property is shown to have an impairment in value.  Expenditures  for mining
     equipment are capitalized and depreciated over their useful life.

     Environmental Requirements

     Environmental  requirements related to the mineral claims acquired (Note 3)
     are unknown and therefore an estimate of any future cost cannot be made.

     Financial Instruments

     The carrying amount of financial  instruments,  including cash and accounts
     payable,, is considered by management to be its standard fair value.

     Estimates and Assumptions

     Management uses estimates and assumptions in preparing financial statements
     in  accordance  with  generally  accepted  accounting   principles.   Those
     estimates  and  assumptions  affect the reported  amounts of the assets and
     liabilities,  the disclosure of contingent assets and liabilities,  and the
     reported  revenues  and  expenses.  Actual  results  could  vary  from  the
     estimates that were assumed in preparing these financial statements.


                                       8
<PAGE>

                            ZEB ORO EXPLORATIONS INC.
                           (Exploration Stage Company)

                          NOTES TO FINANCIAL STATEMENTS

                               September 30, 2000

                      (Unaudited - Prepared by Management)


3.   ACQUISITION OF MINERAL CLAIM

     The Company has acquired one 15 unit metric  mineral claim known as the Zeb
     Oro Claim  located in the  Zeballos  mining  camp near the town of Zeballos
     about 300  kilometres  northwest  of  Victoria,  British  Columbia  with an
     expiration date of February 25, 2001.

     The claims may be retained by the Company by making a yearly lease  payment
     in the amount of CDN $3,000 on February 25, 2001.

     The claims  have not been proven to have a  commercial  minable ore reserve
     and therefore all costs for  exploration  and retaining the properties have
     been expensed.


4.   RELATED PARTY TRANSACTIONS

     Related parties acquired 45% of the common stock issued.

     The  officers and  directors of the Company are involved in other  business
     activities  and they may, in the  future,  become  involved  in  additional
     business  ventures  which also may require their  attention.  If a specific
     business opportunity becomes available, such persons may face a conflict in
     selecting  between  the Company and their  other  business  interests.  The
     Company has formulated no policy for the resolution of such conflicts.


5.   GOING CONCERN

     The Company will need  additional  working  capital to be successful in its
     planned  activities and  continuation  of the Company as a going concern is
     dependent upon obtaining  additional  working capital and the management of
     the Company has  developed a strategy,  which it believes  will  accomplish
     this objective through additional equity funding,  and long term financing,
     which will enable the Company to operate for the coming year.



                                       9
<PAGE>

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

                           ITEM 2. PLAN OF OPERATIONS

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

The  Company has not yet  proceeded  to its  mineral  claim to  undertake a soil
sampling program on the geochemical grid it outlined in October of last year. No
decision  has been made to date by the  directors of the Company as to what date
to commence the sampling  program.  The general feeling by the directors is that
the fire assays from the soil samples will concentrate on precious metals rather
than commercial metals.

Liquidity and Capital Resources

The  Company  has not yet  decided on the  method of  raising  funds in order to
undertake its soil sampling program on its mineral claims.

Results of Operations

To date the Company has had no operations.



                                       10
<PAGE>

                                   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.


                            ZEB ORO EXPLORATIONS INC.
                                  (Registrant)



     November 14, 2000                    /s/ "Steven Bruce"
                                         -------------------------------------
                                         Steven Bruce - President and Director






                                       11