<PAGE>

                       Securities and Exchange Commission

                             Washington, D.C. 20549

                                   Form 10-QSB

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

                 For the quarterly period ended November 30, 2002

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

                  For the transition period from _____ to _____

                         Commission file number 0-24819

                         AMERICAN ENERGY SERVICES, INC.
                         ------------------------------

                   Texas                                 76-0279288
      ----------------------------------     -----------------------------------
     (State  or  other  jurisdiction  of     (IRS  Employer Identification  No.)
     incorporation  or  organization)


                        7224 Lawndale, Houston, TX 77012
                        --------------------------------
                    (Address of principal executive offices)


                                  713-928-5311
                                  ------------
                           (Issuer`s telephone number)

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
                                                                    ---     ---
      As  of  January 10,  2003,  there  were  22,291,643 shares of Common Stock
outstanding.

                                       1

<PAGE>

                         PART I.  FINANCIAL INFORMATION


Item  1.     Financial  Statements
             ---------------------

                         AMERICAN ENERGY SERVICES, INC.
                         ------------------------------
                                 BALANCE SHEETS
                                 --------------
                                   (Unaudited)
                                   -----------

                                     ASSETS
                                     ------
<TABLE>
<CAPTION>

                                                     November 30,   February 28,
                                                        2002          2002
                                                    ------------  -----------
<S>                                                <C>            <C>
Current Assets:
  Cash and cash equivalents                          $     9,232  $     6,130
  Accounts receivable - trade, net of $156.000 and       440,291      459,669
  59,493 reserve, respectively.
  Accounts receivable - other                             29,602           --
  Prepaids and other                                     366,400       92,000
  Costs in excess of billings on uncompleted
    contracts                                            415,207      259,380
Inventories                                            1,738,755    1,753,008
                                                    ------------  -----------
     Total Current Assets                              2,999,487    2,570,187

Property, Plant and Equipment:
  Machinery and equipment                              1,541,251    1,541,251
  Furniture and fixtures                                 327,541      327,541
  Vehicles                                                83,423       83,423
  Buildings and Improvements                             226,510      226,510
  Land                                                    76,894       76,894
                                                    ------------  -----------
                                                       2,255,619    2,255,619
Less:  accumulated depreciation                       (1,244,179)  (1,145,181)
                                                    ------------  -----------
                                                       1,011,440    1,110,438

Trademarks, patents, and drawings                      1,626,441    1,504,123
Less:  accumulated depreciation                         (722,699)    (650,037)
                                                     ------------  -----------
                                                         903,742      854,086

Deferred tax asset                                            --           --
                                                    ------------  -----------

  Total Assets                                       $ 4,914,669    4,534,711
                                                    ============  ===========
</TABLE>



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

                                        2
<PAGE>

                         AMERICAN ENERGY SERVICES, INC.
                         ------------------------------

                            BALANCE SHEETS(Continued)
                            -------------------------

                 LIABILITIES AND STOCKHOLDERS` (DEFICIT) EQUITY
                 ----------------------------------------------

<TABLE>
<CAPTION>

<BTB>
                                                    November 30,       February  28,
                                                       2002               2002
                                                 ---------------     ---------------
<S>                                              <C>                 <C>
Current  Liabilities:
  Notes  payable                                 $     2,681,547     $     2,681,547
  Current  portion  of  long-term  debt                1,179,433           1,186,369
  Accounts  payable  and  accrued  expenses            1,018,333             640,876
  Federal  payroll  taxes  due                           861,157             693,107
  Accrued  interest                                    1,201,466           1,182,958
  Estimated  litigation  damages                       1,086,000           1,086,000
  Billings  in  excess  of  costs  and  estimated
    earnings  on  uncompleted  contracts                      --                  --
  Advances  from  officers                                    --                  --
      Total  Current  Liabilities                      8,027,936           7,470,857

  Convertible  Debentures                                810,000             810,000
                                                 ---------------     ---------------
      Total  Liabilities                               8,837,936           8,280,857
                                                 ---------------     ---------------
Stockholders`  (Deficit)  :
  Common  stock  -  $.001  par  value,
    100,000,000  shares authorized;  22,291,643
    and  20,461,656  shares issued  and  outstanding
    at  November 30,  2002 and  February  28,  2002,
    respectively                                          22,292             20,462
  Paid-in  capital                                     6,386,261          6,076,690
  Common  stock  subscriptions  -  officers  and
    directors                                           (465,300)          (465,300)
  Accumulated  other  comprehensive  loss               (488,522)                --
  (Accumulated  deficit)                              (9,377,998)        (9,377,998)
                                                 ---------------     ---------------
  Total  Stockholders`  (Deficit)  Equity             (3,923,267)        (3,746,146)
                                                 ---------------     ---------------
  Total  Liabilities  and  Stockholders`
    (Deficit)  Equity                            $     4,914,669     $    4,534,711
                                                 ===============     ===============

</TABLE>

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

                                        3



































                         AMERICAN ENERGY SERVICES, INC.
                         ------------------------------
                             STATEMENT OF OPERATIONS
                             -----------------------
                                   (Unaudited)
                                   -----------

<TABLE>
<CAPTION>

                                           Three Months Ended       Nine Months Ended
                                           ------------------       ----------------
                                               November 30,               November 30,
                                         ---------------------------------------------------
                                             2002     2001            2002          2001
                                             ----     ----            ----          ----


<S>                                      <C>          <C>           <C>         <C>
Net Sales                                   841,835   $1,196,443    2,077,244   $ 2,717,176
Cost of sales                               602,776      637,767    1,691,257     2,087,730
                                         -----------  ------------------------  ------------
      Gross profit(loss)                    239,059      558,676      385,987       629,446
Operating expenses                          188,390      266,381      740,783     1,325,195
                                         -----------  ------------------------  ------------
      Income(loss) from operations           50,669      292,295     (354,796)     (695,749)

Other expenses (income):
      Interest, net                         45,000        73,741      135,000       289,958
      Other, net                                           9,103       (1,274)      (53,870)
                                         -----------  ------------------------  ------------
                                            45,000        82,844      133,726       236,087
                                         -----------  ------------------------  ------------
      Net (loss) before taxes                5,669       209,451     (488,522)     (931,836)

Income tax (expense) benefit                      --           --          --            --
                                         -----------  ------------------------  ------------

      Net (loss)                             5,669       209,451     (488,522)     (931,836)
                                         ===========  ========================  ============

Basic and diluted (loss) per share            0.00           0.01       (0.02)        (0.07)
                                         ===========  ========================  ============

Basic weighted average shares
      outstanding                        21,631,656    16,187,123   21,631,656    16,187,123
                                         ===========  ========================  ============

Diluted weighted average shares
      outstanding                        21,631,656    16,187,123   21,631,656    16,187,123
                                         ===========  ========================  ============
</TABLE>

               AMERICAN ENERGY SERVICES, INC.
              STATEMENT OF COMPREHENSIVE LOSS

<TABLE>
<CAPTION>

                                           Three Months Ended       Nine Months Ended
                                           ------------------       ----------------
                                               November 30,               November 30,
                                         ---------------------------------------------------
                                             2002     2001            2002          2001
                                             ----     ----            ----          ----

<S>                                      <C>          <C>             <C>        <C>
Net (loss)                                    5,669   $  209,451     (488,522)   (931,836)
Other  comprehensive  income  (loss)             --            --           --          --
                                         -----------  -----------  ------------ -----------
Comprehensive (loss)                          5,669      209,451     (488,522)   (931,836)
                                         ===========  ===========  ============ ===========

</TABLE>

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

                                        4
<PAGE>

                         AMERICAN ENERGY SERVICES, INC.
                         ------------------------------
             STATEMENTS OF CHANGES IN STOCKHOLDERS` (DEFICIT) EQUITY
             -------------------------------------------------------

           For the Quarter Ended November 30, 2002 and February 28, 2002
           -----------------------------------------------------------


<TABLE>
<CAPTION>

                                        Capital Stock                     Common                              Total
                                        -------------         Paid-in     Stock          (Accumulated   Stockholders`
                                        Shares     Amount     Capital     Subscriptions   Deficit)     (Deficit)Equity
                                        ------     ------     -------     -------------   -----------   ---------------
<S>                                     <C>         <C>       <C>          <C>          <C>           <C>

Balance, February 28, 2001              15,460,717  $ 15,461  $4,648,380           --   $(7,142,356)  $(2,478,515)
                                        ==========  ========  ===========  ===========  ============  ============

Common Stock Issued for:

  Cash                                      75,000        75      48,760           --            --        48,835
  Officers and directors                   250,000       250     194,750           --            --       195,000
  Shares issued to escrow                1,200,000     1,200      (1,200)          --            --            --
  Accounts payable and
    accrued liabilities                  1,562,991     1,563     286,129           --            --       287,692
  Subscribed by officers and directors     990,000       990     464,310     (465,300)           --            --

  Financial consultants                    922,948       923     488,288                         --       489,211


Net Loss                                        --        --                             (2,235,642)   (2,235,642)
                                        __________  ________  ___________  ___________  ____________  ____________
Balance, February 28, 2002              20,461,656  $ 20,462  $6,076,690   $ (465,300)  $(9,377,998)  $(3,746,146)
                                        ==========  ========  ===========  ===========  ============  ============

Common Stock Issued for:
  Financial consultants                  1,320,000     1,320      245,681                         --      247,001
  Legal consultants                        510,000       510       63,890                                  64,400

Net Loss                                        --        --          --                   (488,522)     (488,522)
                                        __________  ________  ___________  ___________  ____________  ____________
Balance, November 30, 2002              22,291,656  $ 22,292  $6,386,261   $ (465,300)  $(9,931,520)  $(3,923,267)
                                        ==========  ========  ===========  ===========  ============  ============

</TABLE>
   The accompanying notes are an integral part of these financial statements.

                                        5
<PAGE>

                        AMERICAN ENERGY SERVICES, INC.
                         ------------------------------

                            STATEMENT OF CASH FLOWS
                            -----------------------

<TABLE>
<CAPTION>

<BTB>

                                                                  For the Nine Months Ended
                                                               -------------------------------
                                                                  November 30,       November 30,
                                                                     2002             2001
                                                               ---------------   -------------
<S>                                                            <C>               <C>
Cash  Flows  from  Operating  Activities:
  Net  (loss)                                                  $     (488,522)   $   (933,074)
  Adjustments  to  reconcile  net  income  to
    cash  provided  by  operating  activities:
    Depreciation  and  amortization                                   171,660         156,292
    Provision  for  bad  debts                                             --              --
    Changes  in  operating  assets  and  liabilities:
      (Increase)  decrease  in  accounts  receivable                   19,378         (47,409)
      (Increase)Decrease  in  other  receivables                      (29,602)        (59,120)
      Decrease  in  income  tax  receivable                                --              --
      (Increase)Decrease  in  costs  and  estimated
       earnings in excessof  billings  on  uncompleted
       contracts                                                     (155,827)        406,221
      (Decrease)  increase  in  advances  from  officers                   --              --
      (Increase)  decrease  in  inventories                            14,253          17,945
      Decrease  (increase) in prepaids and other                     (274,400)        105,351
      Decrease  in  deferred  tax  asset                                   --              --
      (Increase)  decrease  in  other  assets                              --
      (Decrease)  increase  in  accounts  payable/accrued
        liabilities                                                   377,457        (481,464)
      (decrease) Increase in Federal payroll taxes due                168,050        (314,456)
      Increase  in  accrued  interest  payable                         18,508         187,657
      Increase  in  estimated  litigation  damages                         --          66,192
      Stock  issued  for  services                                    311,400       1,073,577
      Increase  (decrease)  in  billings  in  excess  of
        costs and estimated  earnings  on  uncompleted
        contracts                                                          --        (185,398)
                                                                -------------    -------------
      Net  Cash  Used  by  Operating  Activities                      132,355          (7,686)

Cash  Flows  from  Investing  Activities:
     Purchase  of  property,  plant  and  equipment                                    18,064
     Purchase  of  certificates  of  deposit                                           (6,130)
     Purchase  of  trademarks,  patents  and  drawings              (122,318)         (18,055)
                                                                -------------    -------------
      Net  Cash  Used  in  Investing  Activities                    (122,318)          (6,121)
Cash  Flows  from  Financing  Activities:
     Proceeds  from  sale  of  common  stock                              --
     Proceeds  from  the  sale  of  warrants                              --               --
     Proceeds  from  long-term  obligations,  net                         --               --
     Payments  of  long-term  obligations                             (6,936)         (15,828)
     Payments  of  notes  payable                                         --          (82,047)
     Proceeds  from  note  payable,  net                                  --               --
     Payments  of  capital  leases                                        --               --
                                                                -------------    -------------
       Net  Cash Provided by Financing Activities                     (6,936)         (97,875)
                                                                -------------    -------------
Net  (decrease)  increase  in  cash  and  cash  equivalents            3,101         (111,682)

Cash  and  cash equivalents at beginning of period                     6,130            9,763
                                                                -------------    -------------
             Cash  and  cash  equivalents  at  end  of period   $      9,231     $   (101,919)
                                                                =============    =============

</TABLE>
   The accompanying notes are an integral part of these financial statements.

                                        6

<PAGE>

                            AMERICAN ENERGY SERVICES
                            ------------------------

                          NOTES TO FINANCIAL STATEMENTS
                          -----------------------------


NOTE  1  -  General
-------------------

     The  foregoing  financial  statements have been prepared from the books and
records  of  American  Energy  Services,  Inc.  ("AES" or the "Company") without
audit.  In  the opinion of management all adjustments, consisting only of normal
recurring  adjustments necessary for a fair statement of results for the interim
periods  presented,  are  reflected  in  the  financial  statements.

     These  statements  should  be  read  in  conjunction  with  the  financial
statements  and  related  notes  included in the Company`s Annual Report of Form
10-KSB  for  the  fiscal  year  ended  February  28,  2002.

NOTE  2  -  Revenue  Recognition
--------------------------------

     Revenues  from  the  sale  of  flow  control  valves  are recorded when the
products are shipped or when title passes.  Title normally passes from seller to
buyer  when  goods  are  shipped.

Revenues  on long-term contracts involving a system of control flow valves for a
single  installation  are  recorded  using  the  percentage-of-completion method
commencing  when  progress  reaches  a  point  where experience is sufficient to
estimate  final  results  with  reasonable  accuracy.  The  portion of the total
contract  price accrued is based on the ratio of costs incurred to date to total
estimated  costs  on each contract.  Losses, if any, to be incurred on contracts
in  progress,  are  charged  to  income in full as soon as they become apparent.

NOTE  3  --  Income  Taxes
--------------------------

     A  pre-tax  income  or  loss  results  in an income tax expense or benefit,
respectively.  With  pre-tax  income,  the  tax expense is easily calculated and
accrued  at  the  standard  corporate  rate

NOTE  4  -(LOSS)  PER  SHARE
----------------------------

Basic  loss per share is calculated by dividing net loss by the weighted average
number  of  common  shares  outstanding.  Diluted earnings per share is computed
similarly, but also provides the effect to the impact of convertible securities,
such as common stock warrants, if dilutive, would have on net income and average
common  shares  outstanding  if  converted.


NOTE  5-GOING  CONCERN
----------------------


The following information is derived from the accompanying financial statements:

                                        November 30,       November 30,
                                           2002             2001
                                     ---------------   -------------
     Gross  (loss)  profit           $     239,059     $     558,676

     Net  (loss)Income               $       5,669     $     292,295

     Net  current  liabilities in
       excess of current assets      $   (5,028,449)   $  (3,654,017)

     Accumulated  (deficit)          $   (9,377,998)   $  (7,142,356)

                                        7
<PAGE>

     Stockholders`  (deficit)        $   (3,923,267)   $  (1,413,541)


NOTE  5  -  GOING  CONCERN  (Continued)
---------------------------------------


Included in the above noted net current liabilities amount at November 30, 2002,
are estimated litigation damages of $1,228,435 (including interest)and $861,157
in  delinquent  federal  payroll  taxes  (including  penalties  and  interest).
Additionally,  the  Company  was  in  default  on substantially all of its notes
payable,  long-term  debt  and  capital  lease agreements.  No waivers have been
obtained  for the defaults.  There are significant uncertainties surrounding the
Company`s  ability  to continue its operations and to satisfy its creditors on a
timely  basis

The company has been in default on four loans shared by Metro and the U.S. Ex-Im
Bank  since  September  1999.  The  loans  total  $3.3MM  in  principal,  and
approximately  $900K  in interest. The company is in final negotiations with the
banks  to  restructure this debt, through the efforts of Mssrs. Richard L. Fuqua
and  Roy W. Hill. If successful, the proposed restructured debt would reduce the
total amount due to the banks by at least one half, and would provide additional
working  capital  for  the  company, all on more favorable terms. If the debt is
restructured  as  planned,  it  will  allow  the  company to reduce its interest
expense  significantly.  There can be no assurance that the company will be able
to  restructure  its debts with the banks, but, legal representatives of AES are
currently  in the phase of finalizing closing documents (related to the proposed
restructuring)  with  representatives  of the banks. At the present time some of
the  documentation  has  been  completed.

Although there is no assurance that a final agreement will be reached, since Mr.
Hill  has  become  the company`s consultant, verbal agreements have been reached
with  most  of  the  company`s  major creditors. Many of these creditors are now
completing settlement documentation with AES,which, hopefully, will be concluded
in  the  near future. In a few instances executed settlement documents have been
placed  in  escrow. Other documents will be delivered to escrow with in the next
few  weeks.  If  a  closing  occurs  on  this  documentation, it will reduce the
company`s  outstanding  debt  by  as much as $3.5MM. Additional negotiations are
presently  underway  with  the remaining major creditors with which Mr. Hill has
not  reached  any  agreement.  The  company  anticipates  reaching  satisfactory
conclusions  concerning  these  debts, as well, during the next three months. In
the  event  this sequence of events occurs in the described fashion, the company
expects  to  experience  an improved asset to debt ratio from those disclosed in
this  quarterly  report.

Simultaneously, with ongoing debt negotiations, the company is in the process of
re-establishing  open  lines  of  credit  with  the company`s major raw material
suppliers.  Mr.  Hill,  additionally,  is  presently negotiating an open line of
credit  with a major US bank that would provide periodic working capital for the
company,  with respect to the company`s future short-term needs.  At the present
time, the company is seeking development of and receiving, larger orders for the
company`s  available product lines.  If this progress continues to increase, the
cash  flow generated from ongoing operations should be of significant benefit in
reducing  and  or  eliminating the company`s remaining outstanding indebtedness.



Item 2. Management`s Discussion and Analysis of Financial Condition and Results
        -----------------------------------------------------------------------
                                  of Operations
                                  -------------

                           Forward-Looking Statements
                           --------------------------

     This  material  contains  "forward-looking"  statements  as  defined in the
Securities  and  Exchange  Acts  of 1933 and 1934 that could involve substantial
risk  and  uncertainties.  When  expressions include words such as "anticipate",
"believe",  "estimate", "intend", "expect", "plan", and when similar expressions
are  used,  they  are  intended  to  identify the statements as forward-looking.
American  Energy  Services, Inc. ("AES" or the "Company") relies on a variety of
internal  and  external  information  to  develop  such  statements.  Due to the
inherent  risks  and  limitations in that development process and the relatively
volatile  nature  of the industry in which the Company operates, actual results,
performance  and  achievements  may  differ materially from results suggested by
these  forward-looking  statements.


                              Results of Operations
                              ---------------------

Quarter  Ended  November 30,  2002  versus  Quarter  Ended  November 30,  2001

                                        8

<PAGE>

Revenues for the three months ended, November 30, 2002 were $841,835 compared to
$1,196,443  for  the  same  period  in  2001.  The continued low revenues can be
attributed primarily to cash flow limitations which adversely affect production.

Cost  of sales decreased in the quarter ended November 30, 2002 to $602,776 from
$637,767  for the same quarter 2001. Gross profit for the quarter ended November
30,  2002 was $239,059, compared to $558,676 for the third quarter of 2001. This
decrease  in gross profit can be attributed to direct overhead charges necessary
to  run  and  maintain  the  company`s  manufacturing  facility.

Operating  expenses  for  the  third quarter of 2002 were $188,390 or ($77,991)
below  operating expense for third quarter 2001 at $266,381.  This decrease can
be  attributed  primarily  to  cost  savings from lowered salaries and personnel
reduction  measures,  executed  by  AES`  management.

Interest Expense and other expenses totaled $45,000 for the third quarter ended
November 30,  2002  compared with interest and other expenses of $82,844 for the
third  quarter  of  2001.

As  a result net profit (loss) before taxes for the third quarter ended November
30,  2002 was $5,669 which was lower than the net profit before taxes of 209,451
for  the  third  quarter  ended  2001.

                              Results of Operations
                              ---------------------


Nine Months Ended  November 30,  2002 versus nine Months Ended November 30, 2001

Revenues for the nine months ended November 30, 2002 were $2,077,244 compared to
$2,717,176  for  the  same period in 2001. As discussed previously the continued
low  revenues  can  be  primarily  attributed  to  cash  flow  limitations.

Cost  of sales decreased $396,473 for the nine months ended November 30, 2002 to
$1,691,257  as  compared  to  $2,087,730 for the same nine month period in 2001.
This  decrease can be attributed to the lower revenues produced in 2002 compared
with  the  nine  months  for  2001.

Operating  expenses  for  the  nine  months  ended  November  30, 2002 decreased
$584,412  To $740,783 as compared to $1,325,195 for the same period for 2001. As
previously  mentioned  this  large  decrease is attributed to the efforts of AES
management  to  lower  cost  by  reducing  salaries  and  personnel.

Interest  expense and other expenses for the nine months ended November 30, 2002
was $133,726 compared with $236,087 for the nine months ended November 30, 2001.

As  a  result  net profit (loss) before taxes for the nine months ended November
30,  2002  is  $(488,522) as compared to $(931,836) for the same period in 2001.
This  reduction  in losses can be attributed to the type of project AES has been
involved  with  this  year  as  well  as the aggressive cost reducing efforts of
management.


                         Liquidity and Capital Resources
                         -------------------------------


    During  the  quarter  ended  November 30,  2002, the working capital deficit
increased  $113,868 when  compared  to  the  deficit  at  February  28, 2002  of
$4,900,670.  The  short  term  cash  flows  have been inadequate to overcome the
working  capital  deficit,  thus  hindering  AES`  ability  to take advantage of
slightly  improved  economic  conditions as well as it`s ability to move forward
more  aggressively with the Company`s strategic plans.  However, the Company has
successfully  negotiated  advance  payments  from many customers and has pledged
against  letters  of  credit established by customers.   The company has entered
into  a  best  efforts  agreement  with  Mr.  Roy  W.  Hill  to restructure AES`
outstanding  debt.

                                        9

<PAGE>

     There  were  no  capital expenditures during the quarter ended November 30,
2002,  nor  are  any  planned  or  expected  in  the near term. Only upon a very
significant  improvement  in  the  Company`s  financial  position,  will capital
expenditures  be  considered,  and  then  only  after diligent consideration and
within  stringent  guidelines.

Item  3.  Controls  and  Procedures

(a)  Disclosure  controls  and  procedures  .  Within 90 days before filing this
report,  the  Company evaluated the effectiveness of the design and operation of
its  disclosure  controls  and procedures. The Company`s disclosure controls and
procedures are the controls and other procedures that it designed to ensure that
it records, processes, summarizes and reports in a timely manner the information
it  must disclose in reports that it files with or submits to the Securities and
Exchange Commission. Patrick Elliott, the Company`s Chief Executive Officer, and
Larry  Elliott,  its  Chairman  of  the  Board  of  Directors  and the Principal
Accounting  Officer,  supervised  and  participated in this evaluation. Based on
this  evaluation,  Patrick  Elliott  and Larry Elliott concluded that, as of the
date  of their evaluation, the Company`s disclosure controls and procedures were
effective.

(b)  Internal controls.  Since the date of the evaluation described above, there
have  not  been  any  significant  changes  in the Company`s internal accounting
controls  or  in  other  factors that could significantly affect those controls.




                           PART II.  OTHER INFORMATION

Item  1.  Legal  Proceedings
          ------------------



     AES  is  involved  in  various  legal proceedings and claims arising in the
ordinary  course  of  business.  In  the  opinion  of management, the amounts of
ultimate  liability, if any, with respect to these actions may materially affect
the  financial position or future results of operations of the Company. Refer to
AES  10  KSB February 28, 2002 item 3 for more information on legal proceedings.

Item  2.  Changes  in  Securities  and  Use  of  Proceeds:
          ------------------------------------------------

None.

Item  3.  Defaults  Upon  Senior  Securities:
          ----------------------------------

None.

Item  4.  Submission  of  Matters  to  Vote  of  Security  Holders.
          --------------------------------------------------------

None.

Item  5.  Other  Information.
          ------------------

None.


Item  6.  Exhibits  and  Reports  on  Form  8-K:
          -------------------------------------

          a)     Exhibits

                                      10

<PAGE>

99.1     Certification  of  Patrick  Elliott  pursuant  to  Section  906  of the
Sarbanes-Oxley  Act  of  2002.

99.2     Certification  of  Larry  Elliott  pursuant  to  Section  906  of  the
Sarbanes-Oxley  Act  of  2002.

b)     Reports  of  Form  8-K

The  Company  has not filed any reports on Form 8-K during the quarter for which
this  report  is  filed.

                                      11

<PAGE>
                                   SIGNATURES

In  accordance with 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  hereunto  duly  authorized.


AMERICAN  ENERGY  SERVICES,  INC.

Date:  January 10,  2002          /s/  Patrick  Elliott
                                   ---------------------
                                   Patrick  Elliott,  Director,  President
                                   and  CEO,

                                       12

<PAGE>
                                 CERTIFICATIONS


I,  Patrick  Elliott,  certify  that:

1.     I  have  reviewed this quarterly report on Form 10-QSB of American Energy
Services,  Inc.;

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, results of operations and cash flows of the
registrant  as  of,  and  for,  the  periods presented in this quarterly report;

4.     The  registrant`s  other  certifying  officers  and I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-14  and  15d-14)  for  the  registrant  and  have:

          a.  designed  such  disclosure  controls and procedures 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  our  conclusions about the
     effectiveness  of  the  disclosure  controls  and  procedures  based on our
     evaluation  as  of  the  Evaluation  Date;

5.     The registrant`s other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant`s auditors and the audit committee
of  registrant`s  board  of  directors  (or  persons  performing  the equivalent
functions):

          a. all significant deficiencies in the design or operation of internal
     controls  which  could  adversely affect eh 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 management or
     other  employees  who  have a significant role in the registrant`s internal
     controls;  and

6.     The  registrant`s  other certifying officers and 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 our most recent evaluation, including any corrective
actions  with  regard  to  significant  deficiencies  and  material  weaknesses.



     Date:  January 10,  2002                    /s/  Patrick  Elliott
                                                  --------------------
                                                  Patrick  Elliott
                                                  Director,  President  and
                                                  Chief  Executive  Officer

                                       13

<PAGE>
                                 CERTIFICATIONS


I,  Larry  Elliott,  certify  that:

1.     I  have  reviewed this quarterly report on Form 10-QSB of American Energy
Services,  Inc.;

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, results of operations and cash flows of the
registrant  as  of,  and  for,  the  periods presented in this quarterly report;

4.     The  registrant`s  other  certifying  officers  and I are responsible for
establishing  and  maintaining disclosure controls and procedures (as defined in
Exchange  Act  Rules  13a-14  and  15d-14)  for  the  registrant  and  have:

          a.  designed  such  disclosure  controls and procedures 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  our  conclusions about the
     effectiveness  of  the  disclosure  controls  and  procedures  based on our
     evaluation  as  of  the  Evaluation  Date;

5.     The registrant`s other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant`s auditors and the audit committee
of  registrant`s  board  of  directors  (or  persons  performing  the equivalent
functions):

          a. all significant deficiencies in the design or operation of internal
     controls  which  could  adversely affect eh 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 management or
     other  employees  who  have a significant role in the registrant`s internal
     controls;  and

6.     The  registrant`s  other certifying officers and 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 our most recent evaluation, including any corrective
actions  with  regard  to  significant  deficiencies  and  material  weaknesses.



     Date:  January 10,  2002                    /s/  Larry  Elliott
                                                  ------------------
                                                  Larry  Elliott
                                                  Chairman  of  the  Board  of
                                                  Directors  and  Principal
                                                  Accounting  Officer

                                       14
<PAGE>



EXHIBIT  99.2

                         AMERICAN ENERGY SERVICES, INC.
                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002


In  connection  with the Quarterly Report of American Energy Services, Inc. (the
"Company") on Form 10-QSB for the period ending November 30, 2002, as filed with
the  Securities  and  Exchange  Commission on the date hereof (the "Report"), I,
Larry  Elliott,  the  Chairman  of  the  Board  of  Directors  and the Principal
Accounting  Officer  of  the  Company, hereby certify, pursuant to 18 U.S.C. ss.
1350,  as  adopted  pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

(1) the Report fully complies with the requirements of Section 13(a) or 15(d) of
the  Securities  Exchange  Act  of  1934;  and

(2)  the  information  contained  in the Report fairly presents, in all material
respects,  the  financial  condition  and  result  of operations of the Company.

                                             /s/  Larry  Elliott
                                             -------------------
                                             Larry  Elliott
                                             Chairman of the Board of Directors
                                             and the Principal Accounting
                                             Officer
January 10,  2002

                                       16



<PAGE>