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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 March 31, 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 Identification No.)
      incorporation or organization)

                        6671 Southwest Freeway, Suite 303
                                  Houston, Texas                        77074
                     (Address of principal executive offices)        (Zip Code)

              (Registrant's telephone number, including area code)
                    (713) 981-9595 Facsimile (713) 981-8670

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  Registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
   X    Yes         No

6,520,100  shares  of the  Registrant's  common  stock,  $1.00 par  value,  were
outstanding as of March 31, 1999.









<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 March 31, 2000 and December 31, 1999 . . . . . . . . . . .3

         Consolidated Statements of Operations --
            Three Months Ended March 31, 2000 and March 31, 1999. . . . . . 4

         Consolidated Statements of Changes in Shareholders'
             Equity as of March 31, 2000 . . . . . . . . . . . . . . . . .  5

         Consolidated Statements of Cash Flows --
            Three Months Ended March 31, 2000 and March 31, 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 Vote of Security Holders . . . . . . . . . 9

Item 5.  Other Information . . . . . . . . . . . . . . . . . . . . . . . . .9










                                     Page 2

<PAGE>


PART I. FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS

                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                           CONSOLIDATED BALANCE SHEETS
                        (In thousands, except share data)
                                   (unaudited)



                                                          March 31, December 31,

                                                             2000        1999
                                                          ---------   ---------
                                     ASSETS


Assets .............................                       $   --      $   --
                                                           --------    --------
                                                           ========    ========


                      LIABILITIES AND SHAREHOLDERS' EQUITY


Liabilities ............................................   $   --      $   --
                                                           --------    --------
                                                           --------    --------

Shareholders' equity:

    Common stock; $1 par value; 10,000,000 shares
    authorized; 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 shareholders' equity .................       --          --
                                                           --------    --------

                                                           $   -       $   -

                                                           ========    =========


















                                     Page 3

<PAGE>



                 Sunrise Energy Services, Inc. and Subsidiaries
                      Consolidated Statements of Operations
                    ThreeMonths Ended March 31, 2000 and 1999
                        (In thousands, except share data)
                                   (unaudited)



                                                                  2000      1999
                                                           -----------    ------

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

                                                           ===========    ======





















                                     Page 4

<PAGE>



                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
           CONSOLIDATED STATEMENTS 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>         <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 ........................     --         --          --         --          --
Payment of expenses by
     majority shareholder .......                               6         (6)       --
Balance, December 31, 1999
                                   -------    --------   --------    --------

     and March 31, 2000 .........    6,520   $  6,520    $ 13,982   $(20,502)   $   --
                                  ========   ========    ========   ========    ========
</TABLE>














                                     Page 6

<PAGE>



                 SUNRISE ENERGY SERVICES, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                   THREE MONTHS ENDED MARCH 31, 2000 AND 1999
                                 (In thousands)
                                   (unaudited)

                                                            2000          1999
                                                        -----------   ----------
Cash flows from operating activities:

    Net loss ........................................   $      --     $      --

    Adjustment to reconcile net loss to net cash

      provided by operating activities:

       Change in operating assets and liabilities:
         Accounts receivable ........................          --            --
         Accounts payable and accrued liabilities ...          --            --
                                                        -----------   ----------
            Net cash provided by operating activities          --            --


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

Net increase in cash ................................          --            --


Beginning cash ......................................          --            --

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

           Ending cash ..............................   $      --     $      --
                                                        ==========   ===========








<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 had disposed of substantially  all of its
business  operations.  On July 7, 1995, 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 no 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 OF 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 quarter ended March
31, 2000.

       (b) Reports on Form 8-K.

            No reports on Form 8-K were  filed by the  Company  during the first
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.




May 19, 2000                  By: /s/ David A. Melman
                                 ---------------------------------------------
                                   David A. Melman
                                     President, Principal Financial and
                                     Accounting Officer, Secretary and Director




































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