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


                                   FORM 10-QSB


  [X] QUARTERLY REPORT PURSUANT TO SECTION 13D OF THE SECURITIES EXCHANGE ACT OF
                                      1934
                  For the Quarterly Period ended June 30, 2001


                       Commission File Number:  000-28429

                               EWORLD TRAVEL CORP.
                (Exact name as specified in its company charter)


Nevada                                                                68-0423301
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)


34190  Sepulveda  Avenue,  Suite  400,  Capistrano  Beach  CA              92624
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:         (949)  493-0928


As  of  August  15,  2001,  60,268,200  shares  of  Common Stock were issued and
outstanding.


Transitional  Small  Business  Disclosure  Format  (check one): yes [ ]   no [X]




                          PART I: FINANCIAL INFORMATION

                          ITEM 1. FINANCIAL STATEMENTS.

     The  financial  statements,  for the three months and six months ended June
30,  2001,  included  herein  have  been  prepared by the Company, without audit
pursuant to the rules and regulations of the Securities and Exchange Commission.
Certain  information  and  footnotes  disclosure  normally included in financial
statements  prepared in accordance with generally accepted accounting principles
have  been condensed or omitted pursuant to such rules and regulations, although
the  Company  believes that the disclosures are adequate to make the information
not  misleading.

             The Remainder of this Page is Intentionally left Blank



                                      EWORLD TRAVEL CORP.
                                   BALANCE SHEET (UNAUDITED)
                                 (a Development Stage Company)
                          for the fiscal year ended December 31, 2000
                               and the period ended June 30, 2001
<TABLE>
<CAPTION>
                                                            June 30,    December 31,
                                                              2001         2000
                                                          (Unaudited)
------------------------------------------------------------------------------------
<S>                                                       <C>           <C>
                          ASSETS
CURRENT ASSETS
  Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $     3,406   $  1,133
                                                          ------------  ---------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . . .        3,406      1,133
OTHER ASSETS
  Marketable Securities. . . . . . . . . . . . . . . . .            0        415
                                                          -----------------------
TOTAL OTHER ASSETS . . . . . . . . . . . . . . . . . . .            0        415
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . . .  $     3,406   $  1,548
                                                          ============  =========

      LIABILITIES & STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
  Accounts payable . . . . . . . . . . . . . . . . . . .  $    20,923   $  7,400
  Notes payable - related party. . . . . . . . . . . . .       41,685     41,685
                                                          ------------  ---------
TOTAL LIABILITIES. . . . . . . . . . . . . . . . . . . .       62,608     49,085
                                                          ------------  ---------
STOCKHOLDERS' EQUITY
  Common Stock, $.001 par value; authorized 100,000,000
     shares; issued and outstanding, 60,268,200 and
     2,682,000 shares respectively . . . . . . . . . . .       60,268      2,682
  Additional Paid-In Capital . . . . . . . . . . . . . .      278,532     36,118
  Accumulated Comprehensive Income/(loss). . . . . . . .     (300,000)   (12,185)
  Accumulated Equity (Deficit) . . . . . . . . . . . . .      (98,002)   (74,152)
                                                          ------------  ---------
Total Stockholders' Equity . . . . . . . . . . . . . . .      (59,202)   (47,537)
                                                          ------------  ---------
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY . . . . . . . .  $     3,406   $  1,548
                                                          ============  =========
</TABLE>

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



                                 EWORLD TRAVEL CORP.
                       STATEMENTS OF LOSS AND ACCUMULATED
                              (DEFICIT) (UNAUDITED)
                          (a Development Stage Company)
                      from inception through June 30, 2001
                  and the periods ended June 30, 2000 and 2001

<TABLE>
<CAPTION>
                                                                                       From
                                                                                   Inception on
                                From April  From April  From January From January  December 10,
                               1, 2000 to  1, 2000 to   1, 2000 to   1, 2000 to    1998 through
                                June 30,     June 30,    June 30,     June 30,        June 30,
                                 2001         2000         2001         2000            2001
                             ------------  ----------  ------------  ----------  -----------
<S>                          <C>           <C>         <C>           <C>         <C>
                             $         0   $       0   $         0   $       0   $        0
                             ------------  ----------  ------------  ----------  -----------
Revenues
General and Administrative.            0       7,824        11,741      29,012       95,142
Net Loss from Operations. .            0      (7,824)      (11,741)    (29,012)     (95,142)
                             ------------  ----------  ------------  ----------  -----------
Loss on Investment. . . . .            0           0       (12,109)          0      (12,109)
Gain on settlement of debt.            0           0             0           0        9,249
                            ----------------------------------------------------------------
Net Income (Loss) . . . . .  $         0   $  (7,824)  $   (23,850)  $ (29,012)  $  (98,002)
                             ============  ==========  ============  ==========  ===========
Loss per Share. . . . . . .  $  (0.00000)  $(0.02917)  $  (0.00100)  $(0.10817)  $ (0.02023)
                             ============  ==========  ============  ==========  ===========
Weighted Average
    Shares Outstanding. . .   47,081,387     268,200    23,904,112     268,200    4,843,925
                             ============  ==========  ============  ==========  ===========
</TABLE>

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



                                         EWORLD TRAVEL CORP.
                                       STATEMENTS OF CASH FLOW
                                    (a Development Stage Company)
                                from inception through June 30, 2001
                            and the periods ended June 30, 2000 and 2001

<TABLE>
<CAPTION>
                                                                  From
                                          From         From    Inception on
                                         January     January  December 10,
                                       1, 2001 to  1, 2000 to 1998 through
                                         June 30,    June 30,   June 30,
                                           2001       2000       2001
                                         ---------  ---------  ---------
<S>                                      <C>        <C>        <C>
Operating Activities:
Net Income (Loss) . . . . . . . . . . .  $(23,850)  $(29,012)  $(98,002)
Gain on settlement of notes receivable.       -0-     (4,387)    (9,249)
Incerase in payables. . . . . . . . . .    13,523     33,156     20,923
                                         ---------  ---------  ---------
Net Cash from Operations. . . . . . . .   (10,327)      (243)   (86,328)
Loss on Investment. . . . . . . . . . .    12,109        -0-     12,109
Cash received on sale of investment . .       491        -0-        491
Payment for notes receivable. . . . . .       -0-        -0-     (3,351)
Issued common stock for cash. . . . . .       -0-      1,000     37,800
Proceeds from officer . . . . . . . . .       -0-        -0-     41,685
Proceeds from subscription receivable .       -0-        -0-      1,000
                                         ---------  ---------  ---------
Net Increase (Decrease) in cash . . . .     2,273        757      3,406
Beginning Cash. . . . . . . . . . . . .     1,133      1,825          0
Cash as of Statement Date . . . . . . .  $  3,406   $  2,582   $  3,406
                                         =========  =========  =========
</TABLE>

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



                               EWORLD TRAVEL CORP.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                  June 30, 2001

NOTES  TO  FINANCIAL  STATEMENTS

eWorld  Travel  Corp.  ("the  Company")  has  elected  to omit substantially all
footnotes  to the financial statements for the period ended June 30, 2001, since
there have been no material changes (other than indicated in other footnotes) to
the  information previously reported by the Company in their Annual Report filed
on  Form  10-KSB  for  the  fiscal  year  ended  December  31,  2000.

UNAUDITED  INFORMATION

The  information  furnished  herein  was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments which
are,  in the opinion of management, necessary to properly reflect the results of
the  period  presented.  The information presented is not necessarily indicative
of  the  results  from  operations  expected  for  the  full  fiscal  year.



              ITEM 2. DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

 (A)  PLAN  OF  OPERATION.  Our  Plan  of  Operation  is unchanged from our last
Quarterly  Report.  The proposed acquisition of Powder River Basin Gas Corp. has
been cancelled and will not occur. We continue our focus on our pre-existing and
continuing  business  plan.

     CASH REQUIREMENTS AND OF NEED FOR ADDITIONAL FUNDS: TWELVE MONTHS. Our cash
requirements  are  unchanged  from  our  last  Quarterly  Report.

     CAUTIONARY  STATEMENT: There can be no assurance that we will be successful
in  raising  capital  through  private  placements  or otherwise. Even if we are
successful  in  raising  capital  through the sources specified, there can be no
assurances  that  any such financing would be available in a timely manner or on
terms acceptable to us and our current shareholders. Additional equity financing
could  be  dilutive  to  our  then existing shareholders, and any debt financing
could  involve  restrictive  covenants  with  respect  to future capital raising
activities  and  other  financial  and  operational  matters.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
We have had no revenues for past fiscal years and the interim periods covered by
this  report.  Please  see  Part  II  Item  4.

                           PART II: OTHER INFORMATION

ITEM  1.  LEGAL  PROCEDINGS.  None

ITEM  2.  CHANGES  IN  SECURITIES.  None

ITEM  3.  DEFAULTS  ON  SENIOR  SECURITIES.  None

ITEM  4. SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS. On April 5, 2001 the
Officers were empowered and directed to effect a ten to one reverse split of our
then  2,682,000  common  shares  to  268,200  common shares. Thereafter debt was
restructured  as  equity  by  the  issuance  of  additional  shares.

ITEM  5.  OTHER  INFORMATION.  None

ITEM  6.  EXHIBITS  AND  REPORTS  ON FORM 8-K. See Form 8-K dated July 31, 2001,
attached.


     SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-QSB Report for the Quarter ended June 30, 2001 has been signed below by
the  following person on behalf of the Registrant and in the capacity and on the
date  indicated.

Dated:  August  15,  2001
                               EWORLD TRAVEL CORP.

                                       by

                              /s/Gerald Yakimishyn
                                Gerald Yakimishyn
                         sole remaining officer/director



--------------------------------------------------------------------------------
                                   EXHIBIT 8-K

                                  JULY 31, 2001
--------------------------------------------------------------------------------



                                  United States
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1933

                         Date of Report:  July 31, 2001

                       Commission File Number:  000-28429

                               EWORLD TRAVEL CORP.

Nevada                                                                68-0423301
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)

34700  Pacific  Coast  Highway,  Suite  303,  Capistrano  Beach  CA        92624
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:         (949)  248-1765

Securities  registered  pursuant  to  Section  12(b)  of  the  Act:     None

Securities  registered  pursuant  to  Section  12(g)  of  the  Act: Common Stock


     ITEM  2.  ACQUISITION OR DISPOSITION OF ASSETS. The proposed acquisition of
Powder  River  Basin  Gas Corp. has been cancelled and will not occur. We resume
focus  on  our  pre-existing  business  plan.


                                   SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
report  has  been  signed  below  by  the  following  persons  on  behalf of the
Registrant  and  in  the  capacities  and  on  the  date  indicated.

                               WORLD TRAVEL CORP.


                              /s/Gerald Yakimishyn
                                Gerald Yakimishyn
                         sole remaining officer/director