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

                                   FORM 10-QSB

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

      FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2007

                                       OR

(  )  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 0-31357

                           EPIC ENERGY RESOURCES, INC.

           Colorado                                   94-3363969
-------------------------------          ------------------------------------
  State or other jurisdiction            (I.R.S.) Employer Identification No.
      of incorporation
                           10655 Six Pines, Suite 210
                             The Woodlands, TX 77380
                          ---------------------------
                     Address of principal executive offices

                                 (281) 419-3742
               --------------------------------------------------
               Registrant's telephone number, including area code

                                       N/A
                       ---------------------------------
 Former name, former address and former fiscal year, if changed from last report

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15 (d) of the Securities Exchange Act of 1934 during the proceeding 12
months (or for such shorter period that the registrant was required to file such
reports), and (2) has been subject to such filing requirements for the past 90
days.

                                 YES [X]       NO [ ]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act):

            Yes                           No    __X___
                  ------------                    -

As of August 14, 2007, the Company had 30,834,946 outstanding shares of common
stock.

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


<PAGE>



                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                 Form 10-QSB for the Quarter Ended June 30, 2007


                                      INDEX


PART I.   FINANCIAL INFORMATION                                           Page
          ---------------------

Item 1.  Financial Statements

Consolidated Balance Sheets (unaudited) as of June 30, 2007
 and December 31, 2006                                                       2

Consolidated Statements of Operations (unaudited) for the three
 and six months ended June 30, 2007 and 2006 and for the Period
 from April 10, 2000 (inception) through June 30, 2007                       3

Consolidated Statements of Cash Flows (unaudited) for the six
 months ended June 30, 2007 and 2006 and for the Period from
 April 10, 2000 (inception) through June 30, 2007                            4

Notes to Consolidated Financial Statements (unaudited)                       6

Item 2. Management's Discussion and Analysis of Financial
        Condition and Results of Operations                                  9

Item 3. Controls and Procedures                                             12

PART II.  OTHER INFORMATION
          -----------------

Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds        13

Item 6.  Exhibits and Reports on Form 8-K                                   13

Signatures



<PAGE>

                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                           CONSOLIDATED BALANCE SHEETS
                                   (unaudited)

                                                   June 30,     December 31,
                                                     2007            2006
                                                   -------      ----------
                                     Assets
Current assets:
   Cash and cash equivalents                       $  513,723   $   590,172
   Accounts receivable                                 10,000         4,600
   Prepaid expenses and other current assets           64,999       120,219
                                                       ------  ------------
         Total current assets                         588,722       714,991

Oil and gas properties (full-cost method),
 net of depletion and impairments
   Proved developed                                 6,075,984     7,354,511
   Unproved                                                 -        60,000
Other mineral reserves                                783,474       783,474
                                                 ------------   -----------
         Total assets                              $7,448,180    $8,912,976
                                                   ==========    ==========

            Liabilities and Stockholders' Equity
Current liabilities:
   Accounts payable                              $     42,092  $     97,630
   Accrued liabilities                                 81,862         7,346
   Current portion of long-term debt                  877,046       872,990
                                                  -----------   -----------
         Total current liabilities                  1,001,000       977,966

Long-term liabilities:
   Asset retirement obligations                       153,081            --
   Long-term debt                                   1,750,431     1,850,019
                                                   ----------    ----------
         Total liabilities                          2,904,512     2,827,985
                                                   ----------    ----------

Stockholders' Equity
    Preferred stock, no par value; 10,000,000
     shares authorized; no shares issued and
     outstanding                                           --            --
   Common stock, no par value; 100,000,000 shares
     authorized; 30,834,946 and 53,441,601 shares
     issued and outstanding at June 30, 2007 and
     December 31, 2006, respectively               10,570,157     9,822,605
   Additional paid-in capital                         330,912       330,912
   Deficit accumulated during development stage    (6,357,401)   (4,068,526)
                                                  ------------  ------------
         Total stockholders' equity                 4,543,668     6,084,991
                                                  ------------  ------------
    Total liabilities and stockholders' equity    $ 7,448,180   $ 8,912,976
                                                  ============   ===========


          See accompanying notes to consolidated financial statements.

                                      F-2

<PAGE>


                           EPIC ENERGY RESOURCES INC.
                          (A Exploration Stage Company)
                      CONSOLIDATED STATEMENTS OF OPERATIONS
  Three Months and Six months Ended June 30, 2007 and 2006 and the Period from
                April 10, 2000 (inception) through June 30, 2007
                                   (unaudited)

<TABLE>
<S>                               <C>         <C>         <C>         <C>       <C>
                                                                           For the period
                                   For the three          For the six      from inception
                                   months ended           months ended     April 10, 2000
                                     June 30,                June 30,             to
                                  2007        2006       2007        2006   June 30, 2007
                                  ----        ----       ----        ----  --------------

Revenue from operations
   Oil & gas revenue           $  8,931    $      -    $  9,673   $      -    $ 82,746
   Consulting revenue            20,000           -      94,842          -     128,032
                               ---------   ---------   ---------  ---------   ---------

Revenue from operations          28,931           -     104,515          -     210,778

Cost of operations
   General and administrative
    expenses                    420,374     103,086     848,016    105,357   1,872,629
   Lease operating expenses      58,252           -     122,555          -     182,015
   Depletion expense                  -           -           -          -      30,814
   Accretion expense              5,369           -      10,738          -      11,463
   Impairment of oil and gas
    Properties                1,338,527           -   1,338,527          -   4,400,792
                              ----------   ---------  ----------  ---------  ----------

Cost of operations           (1,822,522)   (103,086) (2,319,836)  (105,357) (6,497,713)
                              ----------   ---------  ----------  ---------  ----------

    Loss from operations     (1,793,591)   (103,086) (2,215,321)  (105,357) (6,286,935)

Other income (expense)

   Interest and other income      4,607         969       6,710        969      10,229
   Interest expense             (48,187)          -     (80,264)         -     (80,695)
                              ----------   ---------  ----------  ---------  ----------

Net loss                     (1,837,171)   (102,117) (2,288,875)  (104,388) (6,357,401)
                             ===========   ========= ===========  ========= ===========

Loss per common share- Basic
  And Diluted:               $    (0.06)   $      -  $    (0.05)  $  (0.01)
                             ===========   ========= ===========  =========

Weighted average number of
  Common shares outstanding  30,794,830  47,325,934  41,670,355  26,409,171
                             =========== =========== =========== ==========
</TABLE>


          See accompanying notes to consolidated financial statements.

                                      F-3

<PAGE>


                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
             Three months EndedJune 30, 2007 and 2006 and the Period
              from April 10, 2000 (inception) through June 30, 2007
                                   (Unaudited)
<TABLE>
<S>                                                   <C>           <C>              <C>

                                                                               For the period
                                                      For the      For the      from inception
                                                   period ended  period ended  (April 10, 2000)
                                                     June 30,      June 30,       to June 30,
                                                        2007         2006            2007
                                                   ------------  ------------  ----------------
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss                                        $ (2,288,875) $  (104,388)   $ (6,357,401)
    Adjustments to reconcile net loss to net cash flows
       from operating activities:
      Depletion                                              --           --          30,814
      Impairment of oil and gas properties            1,338,527           --       4,400,792
      Accretion expense                                  10,738           --          11,463
      Shares issued for compensation                    232,453           --         598,862
      Changes in operating assets and liabilities:
        Accounts payable                                (55,539)      (3,621)         (7,906)
        Accounts receivable                              (5,400)          --         (10,000)
        Prepaid expenses                                 75,890           --         (44,329)
        Accrued liabilities                             188,065                      188,065
                                                    ------------  -----------   -------------
            Net cash flows used in operating
                 activities                            (504,141)    (108,009)     (1,189,640)

CASH FLOWS FROM INVESTING ACTIVITIES
     Acquisition of properties                               --           --        (102,100)

CASH FLOWS FROM FINANCING ACTIVITIES
    Payments on notes payable                           (87,408)          --        (111,497)
    Proceeds from debt                                       --           --       1,420,195
    Proceeds from the issuance of common stock          515,100          440       1,481,295
    Capital donated by shareholders                          --      305,021         330,912
                                                    ------------  -----------   -------------
      Net cash flows provided by financing activities   427,692      305,461       3,120,905

NET INCREASE (DECREASE) IN CASH
   AND CASH EQUIVALENTS                                 (76,449)     197,452       1,829,165
CASH AND CASH EQUIVALENTS,
   BEGINNING OF PERIOD                                  590,172           --              --
                                                    ------------  -----------   -------------

CASH AND CASH EQUIVALENTS, END OF PERIOD            $   513,723   $  197,452    $  1,829,165
                                                    ============  ===========   =============

SUPPLEMENTAL CASH FLOW DISCLOSURES:
   Interest paid                                    $     5,978   $       --    $      6,409
   Income taxes paid                                         --           --              --

NON-CASH INVESTING AND FINANCING ACTIVITIES:
   Insurance policies financed with debt            $    20,670   $       --    $     20,670
   Note payable for oil and gas properties expenses     113,549           --         113,549
   Oil and gas properties acquired with stock                --           --       8,480,000
   Note payable to acquire oil and gas properties            --           --       1,707,673

</TABLE>

          See accompanying notes to consolidated financial statements.

                                      F-4

<PAGE>

                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

1.    Basis of Presentation
      ---------------------

      The accompanying consolidated financial statements of Epic Energy
Resources, Inc. ("Epic") at June 30, 2007 have been prepared without audit,
pursuant to the rules and regulations of the Securities and Exchange Commission.
Certain information and footnote disclosures normally included in financial
statements prepared in conformity with generally accepted accounting principles
have been omitted or condensed pursuant to such rules and regulations. These
statements should be read in conjunction with Epic's audited financial
statements and notes thereto included in Epic's Form 10-KSB for the year ended
December 31, 2006. In management's opinion, these interim consolidated financial
statements reflect all adjustments (consisting of normal and recurring
adjustments) necessary for a fair presentation of the consolidated financial
position and results of operations for each of the periods presented. The
accompanying unaudited interim financial statements for the six months ended
June 30, 2007 are not necessarily indicative of the results which can be
expected for the entire year.

2.    Going Concern
      -------------

      As shown in the accompanying financial statements, Epic incurred net
losses of $2,288,875 for the six-month period ended June 30, 2007, and has an
accumulated deficit of $6,357,401 as of June 30, 2007. The net loss includes
non-cash expenses such as shares issued for compensation, accrued interest,
impairment of oil and gas properties, asset retirement obligations, and various
general and administrative expenses. These conditions create an uncertainty as
to Epic's ability to continue as a going concern.

      The ability of Epic to continue as a going concern is dependent on its
ability to raise additional capital through various funding arrangements and
improve cash flow from operations. The financial statements did not include any
adjustments that might be necessary if Epic is unable to continue as a going
concern.

      Management believes that actions presently being taken to obtain
additional funding and implement its strategic plans provide the opportunity for
Epic to continue as a going concern.

2.    Oil and Gas Properties
      ----------------------

      In December 2006, Epic acquired a 100% working interest (approximately 82%
net revenue interest) in 28,600 acres in Rush County, Kansas. Located on the
acreage were 58 producing gas wells with total proved reserves at December 31,
2006 of 3,717 barrels of oil and 4,970,318 Mcf of gas.

      The acreage and wells were acquired for $100,000 in cash; a $2,500,000
loan from the sellers of the property; and 3,200,000 shares of Epic's common
stock valued at $8,480,000 using the closing price of Epic's common stock at the
inception of the agreement. The $2,500,000 loan bears interest at 10% per year
and is payable in 42 equal monthly installments of $72,000. The wells had an
impairment charge of $3,062,265 at December 31, 2006.

                                      F-5

<PAGE>

                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

2.    Oil and Gas Properties (cont'd)
      -------------------------------

      In January 2007, the Rush County gas wells were shut in due to the closure
of the plant which was purchasing the gas produced from Epic's wells. Epic does
not know if the plant will reopen and is currently looking for an alternate
buyer for the gas. There was minimal production from these properties during the
six month period ended June 30, 2007. Epic recorded an impairment charge of
$1,338,527 at June 30, 2007.

      In December 2006, Epic acquired a 50% working interest (approximate 40%
net revenue interest) in 6,000 acres in Kay County, Oklahoma. Located on the
leased acreage was one producing gas well and six shut-in gas wells.

      Epic estimated that it will cost approximately $7,000 (with Epic being
responsible for its 50% share) to rework each shut-in well and place the wells
back on production. Epic plans to begin reworking the six shut-in wells in the
next few quarters. For its interest in this property, Epic paid $50,000 in cash
and issued 3,846 shares of its common stock to the sellers valued at $10,000
using the closing price of Epic's common stock at the date of the agreement.

3.    Long-Term Debt
      --------------

      In December 2006, Epic borrowed $2,500,000 from the sellers secured by the
Rush County Kansas property. The note is for a term of 42 months and bears
annual interest of 10%. The monthly principal and interest payment of this note
is approximately $72,000.

      Pursuant to the note agreement, if the cash flow from the property is less
than the monthly principal and interest payment, the deficit is added to the
principal amount of the note. If the cash flow from the property is greater than
the monthly principal and interest, the additional amount reduces the principal
of the note. Under these terms, during the three month period ended June 30,
2007, Epic incurred an additional $50,985 in lease operating expense associated
with the Rush County property as the property had minimal production during the
three month period then ended. Expenses are paid by the lender and due to the
lack of revenue in the current quarter these expenses resulted in an increase in
the note.

      Epic also finances certain insurance polices in the normal course of
business at prevailing market rates.

      Long-term debt at June 30, 2007 consists of the following:

          Note payable secured by property acquired                $2,599,935
          Notes payable - Insurance financing agreements               27,542
          Less current maturities                                    (877,046)
                                                                  -----------
                                                                   $1,750,431
                                                                  ===========

                                      F-6

<PAGE>


                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                   Notes to Consolidated Financial Statements
                                   (Unaudited)

4.    Stockholders' Equity

       In December 2006, an employment agreement was initiated with the new
President of the oil and gas operations that included the future issuance of
200,000 shares of restricted common stock for services to be provided over the
next 36 months. The fair market value using the closing price of the Epic's
stock on the measurement date, was $554,000 of which $46,168 has been recorded
as compensation expense. In addition, on March 26, 2007, 20,000 shares of
restricted common stock were issued to a consultant for services rendered. The
fair market value of the services rendered for the common stock was
approximately $61,000 using the closing price of Epic's stock on the March 26,
2007 measurement date and is included as compensation expense.

      On March 12, 2007, Epic's Chief Executive Officer and President
surrendered to the Company a total of 23,200,000 shares of common stock. This
action was taken in order to place the Company in a favorable position to
attract the equity and debt financing required to continue to execute its
business plan.

      In the first six months of 2007, Epic issued unregistered restricted
common stock for gross proceeds of $558,000 in a private placement. There was a
$40,400 finder's fee related to this offering. Epic sold 279,000 units with each
unit consisting of 2 shares of Epic common stock and one Series A Warrant and
one Series B Warrant. Each Series A Warrant entitles the holder to purchase one
share of the Company's common stock at a price of $2.00 per share at any time
prior to October 31, 2007. Each Series B Warrant entitles the holder to purchase
one share of the Company's common stock at a price of $2.50 per share at any
time prior to October 31, 2009. . Both the shares and the shares associated with
the warrants to be restricted for a one year period.

The relative fair value of the Common Stock and the Common Stock Purchase
Warrants was as follows:

                                                           Relative Fair
            Description                  Shares             Value Amount
            -----------                  -------            ------------

            Common Stock                 558,000              $ 412,262
            Series A Warrants            279,000                 77,386
            Series B Warrants            279,000                 68,352
            Total Proceeds                                      558,000
            Placement fees                                       40,400
                                                            -----------
               Net Proceeds                                   $ 517,600
                                                            ===========

                                      F-7

<PAGE>


                           EPIC ENERGY RESOURCES INC.
                         (An Exploration Stage Company)
                   Notes to Consolidated Financial Statements
                                   (Unaudited)


4.    Stockholders' Equity
      --------------------

      Proceeds raised in these private placements were used for due diligence
costs associated with the acquisition of the Kansas oil and gas property,
acquisition costs associated with the Kansas property, costs associated with
investigating nitrogen and helium processing equipment for Kansas, legal and
administrative costs associated with setting up the Joint venture in Kay County
Oklahoma, initial well work and field maintenance costs in Kay county Oklahoma,
due diligence costs associated with several ongoing acquisitions, working
capital, and general and administrative costs.

      23,500 shares were issued to consultants for services rendered with a
value of $66,100.

5.    Subsequent Events
      -----------------

      In July 2007, Epic formed a subsidiary, Epic Exploration and Production,
LLC for the purpose of acquiring and developing oil and gas assets. Epic will
have a 50% ownership interest in this new entity with the remaining 50% owned by
a private investment company, UIV, LLC. Epic is the designated manager of this
new entity and will provide operational, engineering and organizational support
along with 100% responsibility for all day-to-day activities. UIV is a privately
owned company and will provide the capital required for future acquisitions. The
initial capital commitment is $15 to $25 million and the new entity will have
the ability to leverage that amount through debt financing with institutional
lenders.

            On July 16, 2007, Epic Exploration and Production, LLC, signed a
Purchase and Sale Agreement to purchase four oil and gas leases in Ft. Bend and
Brazoria Counties, Texas. The transaction is scheduled to close subsequent to
the completion of four well workover operations currently being conducted by the
Seller. Upon closing of this acquisition, Epic Energy Resources Inc. will assume
the management of day-to-day operations for the partnership.

      In August 2007, the Company acquired an energy consulting company for
3,177,812 shares of its restricted common stock valued at $10,455,001. Up to
1,673,036 additional shares will be awarded to key officers of the company as
retention shares. These shares will be required to be returned to the Company if
the officers of the consulting firm voluntarily terminate their employment prior
to March 23, 2009.

                                      F-8

<PAGE>

ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATIONS

Organization and History

      Epic was incorporated in Colorado on June 6, 1989. Following its
formation, Epic was inactive until April 2000, when Epic decided to become
involved in the mortgage business. Epic planned to generate mortgage loans, sell
the loans to financial institutions and service the loans on behalf of the
financial institutions. During the nine months ended September 30, 2001, Epic
discontinued its efforts to become involved in the mortgage business and until
April 4, 2006, was engaged primarily in the evaluation of acquisition targets.

      On March 11, 2005, the shareholders of Epic approved a 20-for-1 forward
split of Epic's common stock. All per share data in this report has been revised
to reflect this stock split.

      On December 1, 2006, Epic's shareholders approved an amendment to its
Articles of Incorporation which changed the corporate name to Epic Energy
Resources, Inc.

      On April 4, 2006, Epic sold 44,000,000 shares of its common stock to five
persons, including Rex P. Doyle and John Ippolito, both officers and directors
of Epic. Following this transaction, Epic began operating in the oil and gas
industry.

     On May 15, 2006, Epic's shareholders:

     o    approved amendments to its Articles of Incorporation which changed the
          corporate name to Epic Capital Group, Inc., and

     o    changed Epic's  authorized  capitalization  to  100,000,000  shares of
          common stock and 10,000,000 shares of preferred stock.

      Between October 1, 2006 and December 1, 2006, Epic raised $897,100 in two
private offerings. In the first offering, Epic sold 472,100 Units, at a price of
$1.00 per Unit, to a group of private investors. Each Unit consisted of one
share of Epic's common stock and one Series B warrant. Each Series B warrant
entitles the holder to purchase one share of Epic's common stock at a price of
$2.50 per share at any time prior to September 30, 2009. In the second offering
Epic sold 212,500 units, with each unit consisting of two shares of Epic's
common stock, one Series A Warrant and one Series B Warrant. Each Series A
Warrant entitles the holder to purchase one share of Epic's common stock at a
price of $2.00 per share at any time prior to October 31, 2007. Each Series B
Warrant entitles the holder to purchase one share of Epic's common stock at a
price of $2.50 per share at any time prior to October 31, 2009.

      Between February 1, 2007 and March 31, 2007, Epic raised $558,000 from the
private sale of 212,500 units, with each unit consisting of two shares of Epic
common stock, one Series A Warrant and one Series B Warrant. Each Series A
Warrant entitles the holder to purchase one share of Epic's common stock at a
price of $2.00 per share at any time prior to October 31, 2007. Each Series B
Warrant entitles the holder to purchase one share of Epic's common stock at a
price of $2.50 per share at any time prior to October 31, 2009.

                                       1

<PAGE>

      Proceeds from these private offerings were used for due diligence costs
associated with the acquisition of the Kansas oil and gas property, acquisition
costs associated with the Kansas property, costs associated with investigating
nitrogen and helium processing equipment for Kansas, legal and administrative
costs associated with setting up the Joint venture in Kay County Oklahoma,
initial well work and field maintenance costs in Kay county Oklahoma, due
diligence costs associated with several ongoing acquisitions, working capital,
and general and administrative costs.

      On March 12, 2007 Rex P. Doyle and John Ippolito each agreed to the
cancellation of 11,600,000 of their respective shares of Epic's common stock.

     During the three months ended June 30, 2007 Epic sold 101,500 shares of its
common stock, at a price of $1.00 per share, to private investors. Epic paid a
$40,400 finder's fee in connection with the sale of these shares. During this
same period Epic issued 23,500 shares of its common stock for services provided
to Epic.

     The shares of common stock referred to above are restricted from sale in
the public market for one year after their sale. Any shares issued upon the
exercise of any warrants will be restricted from sale in the public market for
one year after the warrants are exercised.

Plan of Operation
-----------------

      In December 2006, Epic acquired a 100% working interest (approximately 82%
net revenue interest) in 28,600 acres in Rush County, Kansas. Located on the
acreage were 58 producing gas wells with total proved reserves at December 31,
2006 of 3,717 barrels of oil and 4,970,318 Mcf of gas.

      The acreage and wells were acquired for $100,000 in cash; a $2,500,000
loan from the sellers of the prospect; and 3,200,000 shares of Epic's common
stock valued at $8,480,000 using the closing price of Epic's common stock at the
inception of the agreement. The $2,500,000 loan bears interest at 10% per year
and is payable in 42 equal monthly installments of $72,000. The wells had an
impairment charge of $3,062,265 at December 31, 2006.

      In December 2006, Epic acquired a 50% working interest (approximate 40%
net revenue interest) in 6,000 acres in Kay County, Oklahoma. Located on the
leased acreage was one producing gas well and six shut-in gas wells. Epic
estimated that it will cost approximately $7,000 (with Epic being responsible
for its 50% share) to rework each shut-in well and place the wells back on
production. Epic plans to begin reworking the six shut-in wells as soon as
possible. For its interest in this prospect, Epic paid $50,000 in cash and
issued 3,846 shares of its common stock to the sellers valued at $10,000 using
the closing price of Epic's common stock at the inception of the agreement.

      In January 2007, the Rush County gas wells were shut in due to the closure
of the plant which was purchasing the gas produced from Epic's wells. Epic does
not know if the plant will reopen and is currently looking for an alternate
buyer for the gas. There was no production from these properties during the
six-month period ended June 30, 2007. Epic recorded an impairment charge of
$1,338,527 at June 30, 2007.

                                       2

<PAGE>

      Management expects its Kay County, Oklahoma wells will start producing
again by October, 2007. Epic also believes its wells in Rush County, Kansas will
start producing again by November 30, 2007.

     In July 2007, Epic formed a joint venture,  Epic Exploration and Production
LLC, with a private investment firm to acquire oil and gas properties. Epic will
manage the  operations  of the joint  venture.  The private  investment  firm is
responsible for providing  capital required to acquire oil and gas properties on
a project-by-project basis.

      Epic will receive 20% of the net income from any oil and gas property
acquired by the joint venture until the private investment firm receives
distributions equal to the amount contributed by the private investment firm to
acquire the oil and gas property. Thereafter, the net cash flow from the oil and
gas property will be allocated equally between Epic and the private investment
firm. The joint venture plans to finance up to 90% if the purchase price for any
property with a loan from the seller of the property or a third party lender.

     Subsequent  to its  formation,  the joint  venture  signed an  agreement to
acquire  working  interests,  varying from 50% to 100%,  in four  producing  oil
wells, plus a number of shut in wells and related  leaseholds,  in Fort Bend and
Brazoria  Counties,  Texas.  The seller of the  properties  is  responsible  for
completing workover operations on the four producing wells. Once the workover is
complete, if the average daily production from the four wells exceeds 26 barrels
of oil per day over a two  week  period,  the joint venture  will  purchase  the
producing and shut in wells for $1,350,000,  of which $1,000,000 will be paid in
cash  with the  remaining  amount  financed  by a loan  from the  seller  of the
properties.  If, following the workover operations, the average daily production
from the wells is less than 27 barrels  of oil per day,  the joint  venture  can
select the wells it wants to buy, in which case the purchase  price will be less
than $1,350,000 if all wells are not bought by the joint venture.

      In August 2007, Epic acquired an energy consulting company for 3,177,812
shares of its restricted common stock valued at $10,455,001. As part of this
transaction, Epic issued 1,673,036 additional shares to key officers of the
consulting company. All or a part of these shares will be returned to Epic if
one or more of the officers of the consulting firm voluntarily terminate their
employment prior to March 23, 2009.

      As of August 6, 2007 Epic was negotiating the acquisition of a privately
held energy services firm for $18,000,000 in cash and 1,186,240 shares of its
common stock. If the acquisition is completed, up to 3,313,760 additional shares
will be made available as retention shares to be awarded to key employees and
officers of the consulting company subject to certain vesting requirements. The
completion of the acquisition is subject to the signing of a final agreement and
Epic raising $18,000,000 for the cash component of the purchase price.

                                       3

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

      During the six months ended June 30, 2007 Epic had revenue of $104,515 and
had a loss of $(2,288,875).

      During the six months ended June 30, 2007, Epic's operations used
$(504,142) in cash. During this period working capital was provided primarily
through existing funds and the private placement of Epic's common stock.

      Epic began its transition to the oil and gas industry in April 2006.
During the six months ended June 30, 2006 Epic was developing its business plan
and had limited operations. As a result, a comparison of operations for the
current period with the six months ended June 30, 2006 is not meaningful.

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

      Epic incurred losses for the six months ended June 30, 2007 and the fiscal
year ended December 31, 2006. As of June 30, 2007 Epic had an accumulated
deficit of $(6,357,401). These conditions create an uncertainty as to Epic's
ability to continue as a going concern. Epic's current rate of expenditures for
monthly operating expenses is approximately $80,000. Epic needs additional
capital to fund its operating losses, explore for oil and gas, and to establish
its engineering and construction management division. Epic expects that its gas
wells will begin producing again by November 2007, which will provide cash to
fund its operations. Although Epic is attempting to raise additional capital, as
of August 14, 2007, Epic did not have commitments from any party to provide it
with additional capital. The financial statements included as part of this
report do not include any adjustments that might be necessary if Epic is unable
to continue as a going concern.

ITEM 3.   CONTROLS AND PROCEDURES
          -----------------------

      Rex P. Doyle, Epic's Chief Executive and Principal Financial Officer,
evaluated the effectiveness of Epic's disclosure controls and procedures (as
defined in Rule 13a-15(e) of the Securities Exchange Act of 1934) as of the end
of the period covered by this report. Based upon that evaluation, Mr. Doyle
concluded that Epic's disclosure controls and procedures were effective to meet
the minimum requirements to ensure that information required to be disclosed by
Epic in the reports that it files or submits under the Securities Exchange Act
is recorded, processed, summarized and reported within the time periods
specified in the Securities and Exchange Commission's rules and forms.

      As an exploration stage company, Epic has used outsourced bookkeeping and
part time consulting accounting personnel to help prepare its financial
statements. Epic plans to hire a full time Chief Financial Officer as soon as
necessary funding is obtained. As previously mentioned, Epic established an
Audit Committee and obtained an Audit Committee Chairperson. The Chairperson has
established a review process for the quarterly reports. The Chairperson has also
introduced an Audit Committee charter.

                                       4

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      Management also plans to institute a disclosure committee to review
financial reports on a quarterly basis. Management is in the process of
improving the financial reporting documentation and controls to comply with the
Sarbanes-Oxley Act of 2002 requirements.

      There were no significant changes in our internal control over financial
reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the 1934 Act)
during the period ended June 30, 2007, that have materially affected or are
reasonably likely to materially affect, our internal control over financial
reporting.



                                       5


<PAGE>


                                     PART II
                                OTHER INFORMATION


Item 5.  Unregistered Sales of Equity Securities and Use of Proceeds

      During the three months ended June 30, 2007, the Company sold 101,500
shares of its common stock in a private offering for net proceeds of $61,100 and
issued 23,500 shares for services provided to the Company. The shares sold were
restricted securities as that term is defined in Rule 144 of the Securities and
Exchange Commission. The Company relied upon the exemption provided by Section
4(2) of the Securities Act of 1933 in connection with the issuance of these
shares.

Item 6.  Exhibits

(a)   Exhibits

            Number        Exhibit

            31            Rule 13a-14(a) Certifications

            32            Section 1350 Certifications







                                       6






<PAGE>


                                   SIGNATURES


      In accordance with Section 13 or 15(d) of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized on August 15, 2007.

                                          EPIC ENERGY RESOURCES, INC.



                                  By: /s/ Rex P. Doyle
                                      -------------------------------------
                                      Rex P. Doyle, Chief Executive Officer and
                                      Principal Financial and Accounting Officer






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