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


                                    FORM 10-Q

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

                For the quarterly period ended September 30, 2000

                                       OR

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

                         Commission File Number 1-11248

                          SUNRISE ENERGY SERVICES, INC.
             (Exact name of Registrant as specified in its charter)


              DELAWARE                                  84-0938688
  (State or other jurisdiction of                   (I.R.S. Employer
   incorporation or organization)                 Identification Number)
                        6671 Southwest Freeway, Suite 303
                              Houston, Texas 77074
                    (Address of Principal executive offices)
                    (713) 270-6760            (713) 270-6693
           (Registrant's telephone number,      (Facsimile)
                 including area code)

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

         6,520,100  shares of the  Registrant's  common stock,  $1.00 par value,
were outstanding as of September 30, 2000.




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<PAGE>





                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                       INDEX TO QUARTERLY REPORT FORM 10-Q


PART I. FINANCIAL INFORMATION PAGE

Item 1.  Financial Statements:

         Consolidated Balance Sheets--
         as of September 30, 2000 and December 31, 1999........................3

         Consolidated Statements of Operations--
         Three and Nine Months Ended September 30, 2000 and June 30, 1999......4

         Consolidated Statements of Changes in Shareholders'
         Equity as of September 30, 2000.......................................5

         Consolidated Statements of Cash Flows--
         Three and Nine Months Ended September 30, 2000 and September 30, 1999.6

         Notes to Consolidated Financial Statements............................7

Item 2.  Management's Discussion and Analysis of

         Financial Condition and Results of Operations.........................8

PART II       Other Information
         Item 2.  Changes in Securities........................................9
         Item 3.  Defaults Upon Senior Securities..............................9
         Item 4.  Submission of Matters to a Vote of Security Holders..........9
         Item 5.  Other Information............................................9
























<PAGE>




PART 1. FINANCIAL INFORMATION
ITEM 1.  FINANCIAL STATEMENTS

                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
                                 (In thousands)
<TABLE>
<CAPTION>
                                                 September,         December 31,
                                                    2000                1999
                                                ------------        ------------
                                                (unaudited)
                                     ASSETS

<S>                                             <C>                 <C>
ASSETS:                                         $        -          $        -
                                                ============        ============
</TABLE>

<TABLE>
<CAPTION>
                      LIABILITIES AND STOCKHOLDERS' EQUITY
<S>                                             <C>                 <C>
LIABILITIES:                                    $        -          $        -
                                                ------------        ------------
STOCKHOLDERS' EQUITY:
  Common stock; $1 par value; 10,000,000 shares
      6,520,100 shares issued and outstanding         6,520               6,520
  Additional Paid-in capital                         13,982              13,982
  Accumulated deficit                               (20,502)            (20,502)
                                                ------------        ------------
      Total Stockholders' equity                         -                   -
                                                ------------        ------------
      Total Liabilities and Stockholders Equity $        -          $        -
                                                ============        ============
</TABLE>



<PAGE>





                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENT OF OPERATIONS
                        (In thousands, except share data)
                                   (unaudited)
<TABLE>
<CAPTION>
                                      For the Three Months  For the Nine Months
                                       Ended September 30,    Ended September,
                                          2000     1999        2000     1999
                                         ------   ------      ------   ------
<S>                                       <C>      <C>         <C>      <C>
Revenue ...............................  $  --    $  --       $  --    $  --
General and Administrative expenses ...     --       --          --       --
                                         ------   ------      ------   ------
     Operating Loss ...................     --       --          --       --
Other Income ..........................     --       --          --       --
                                         ------   ------      ------   ------
     Net (Loss) .......................     --       --          --       --
Preferred stock dividend payable
and cost accretion ....................     --       --          --       --
     Net Loss available to common
     shareholders .....................  $  --    $  --       $  --    $  --
                                         ------   ------      ------   ------
Loss per common share ................   $  --    $  --       $  --    $  --
                                         ======   ======      ======   ======
Weighted average number of common
     shares outstanding                   6,520    6,520       6,520    6,520
                                         ======   ======      ======   ======
</TABLE>
<PAGE>





                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
                                 (In thousands)
                                   (unaudited)


<TABLE>
<CAPTION>
                                                  ADDITIONAL
                                 COMMON STOCK      PAID-IN  ACCUMULATED
                                SHARES   AMOUNT    CAPITAL    DEFICIT     TOTAL
<S>                             <C>     <C>        <C>       <C>         <C>
Balance, January 1, 1998 ......  6,520  $  6,520   $ 13,935  $(20,455)   $   --
Net Loss ......................     --        --         --        (41)     (41)
Payment of expenses by majority
     shareholder ..............     --        --         41         --       41
                               -------  --------   --------   --------    ------
Balance, December 31, 1998 ....  6,520     6,520     13,976    (20,496)       --
Net Loss ......................     --        --         --         (6)      (6)
Payment of expenses by majority
     shareholder ..............     --        --          6         --        6
                               -------  --------   --------   --------    ------
Balance, December 31, 1999
    and September 30, 2000 ....  6,520  $  6,520   $ 13,982   $(20,502)   $   --
                               =======  ========   ========   ========    ======
</TABLE>



<PAGE>





                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENT OF CASH FLOWS
                                 (In thousands)
                                   (unaudited)

<TABLE>
<CAPTION>
                                                 For the Nine Months
                                                 Ended September 30,
                                                   2000       1999
                                                 --------   --------

<S>                                              <C>        <C>
Cash flows from operating activities: .........  $     --   $     --
Cash flows from investing activities: .........        --         --
Cash flows from financing activities: .........        --         --
                                                 --------   --------
Net decrease in cash ..........................        --         --
Beginning cash ................................        --         --
                                                 --------   --------
           Ending cash ........................  $     --   $     --
                                                 ========   ========
</TABLE>



<PAGE>





                 Sunrise Energy Services, Inc. and Subsidiaries
                        Notes to Consolidated Statements
                                   (unaudited)

1 - BASIS OF PRESENTATION

The accompanying consolidated financial statements are unaudited but reflect, in
the opinion of management,  all adjustments necessary for a fair presentation of
financial position, results of operations and cash flows for the interim periods
presented.   The  results  of  operations  for  such  interim  periods  are  not
necessarily  indicative  of results that may be expected for the full year.  The
consolidated balance sheet data as of December 31, 1999 was derived from audited
financial statements,  but does not include all disclosure required by generally
accepted accounting principles.

These unaudited  consolidated financial statements should be read in conjunction
with the audited  consolidated  financial statements for the year ended December
31, 1999 included in the Company's Annual Report on form 10-K and with reference
to  Management's  Discussion and Analysis of Financial  Condition and Results of
Operations contained herein.

2 - BANKRUPTCY REORGANIZATION

On November 15, 1994, the Company's  operating  subsidiaries filed petitions for
relief  under  Chapter 11 of the Federal  Bankruptcy  Laws in the United  States
Bankruptcy  Court  for the  Northern  District  of  Texas  (the  "1994  Plans of
Reorganization').   The  Subsidiary  Debtors  received   confirmation  of  their
respective  Plans of  reorganization  on July 3, 1995. With  confirmation of the
Plans of Reorganization, the Company filed its voluntary petition for bankruptcy
which was confirmed on February 18, 1997 (the 'Final Order").

On  September  17,  1997 the  Company  received  notice  from  counsel  that all
conditions  to  completion  of the  Chapter  11  proceeding  as set forth in the
Company's plan of reorganization and the Final Order had been fulfilled, thereby
establishing  the plan of  reorganization  as "final  and  non-appealable".  The
company,  in compliance with the Final Order, then issued 6,500 shares of Series
B Preferred Stock to the Proponent as identified in the plan of  reorganization.
By letter dated September 23, 1997 the Proponent tendered the Series B Preferred
Stock to the Company,  requesting conversion into 6,194,095 shares of New Common
Stock.  It is  anticipated  that the Company will attempt to identify a business
entity for acquisition by or merger with the Company.  There can be no assurance
that such activities will be successful.


























<PAGE>



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

The predecessor to Sunrise Energy Services,  Inc. (the "Company") was originally
incorporated  under the laws of the State of Colorado  in 1984.  The Company was
reincorporated under the laws of the State of Delaware on April 1, 1991.

The Bankruptcy Proceedings

Plan of Reorganization

         On  July  7,  1995,  the  Company  filed a  voluntary  petition  in the
         Bankruptcy  Court and  continued  to operate  its  remaining  assets as
         debtor-in-possession.  On February 18, 1997, an Order  Confirming  Plan
         (as amended) and Fixing Deadlines for Filing Certain Claims (the "Final
         Order") was entered by the Bankruptcy Court.

Results of Operations

         The Company has had non on-going  business  operations  since the final
         Order was entered by the Bankruptcy Court.

Lines of Credit and Notes and Accounts Payable

         None.

Litigation and Claims

         None.

Further Corporate Activities

         Article III,  Paragraph 3.1 of the Company's  Articles of Incorporation
provides that there shall be no fewer than three (3) and no greater than fifteen
(15)  directors.  On October 3, 1997 and August 31, 1998,  respectively,  Mr. K.
Craig  Shephard and Mr.  Philip D. Devlin  resigned as officers and directors of
the Company.  Mr. David A. Melman  remains as the only  director of the Company;
however,  no business  operations of the Company have been conducted since entry
of the final Order by the Bankruptcy court on February 18, 1997.


























<PAGE>



Part II.  OTHER INFORMATION

ITEM 2.  CHANGES IN SECURITIES

         None.

ITEM 3.  DEFAULTS UPON SENIOR SECURITIES

         None.

ITEM 4.  SUBMISSION OD MATTERS TO VOTE OF SECURITY HOLDERS

         None.

ITEM 5.  OTHER INFORMATION

         None.

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

     (a) Exhibits.

         Exhibit  27,  "Financial  Data  Schedule",  for the nine months  ended
September 30, 2000.

     (b) Reports on Form 8-K.

         No  reports  on Form 8-K were  filed by the  Company  during the third
quarter of 2000.



<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, hereunto duly authorized.

                                   SUNRISE ENERGY SERVICES, INC.



November 16, 2000                  By:/s/ David A Melman
                                   ------------------------------------------
                                   David A. Melman
                                   President, Principal Financial and
                                   Accounting Officer, Secretary and Director