##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, DC 20549
 FORM 10-Q
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
 For the quarterly period ended June 30, 2007.
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (NO
FEE REQUIRED)
 Commission file number 0-9563
 ALPHA PETROLEUM EXPLORATION CORPORATION
  New York
    
    23-2090563(State or Other Jurisdiction of 
Incorporation or Organization)
    
    (IRS Employer I.D. No.)
 1211 North Westshore Blvd., Suite 511, Tampa, FL 33607
 None.
 Common Stock
 o þ
  o o þ
 þ o




---



TABLE OF CONTENTS  PART ONEITEM 1. FINANCIAL STATEMENTS.ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.PART TWOITEM 1. LEGAL PROCEEDINGS.ITEM 2. CHANGES IN SECURITIES.ITEM 3. DEFAULTS UPON SENIOR SECURITIES.ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.ITEM 5. OTHER INFORMATION.ITEM 6. EXHIBITS AND REPORTS ON FORM 8-KSIGNATURESEX-31.1  SECTION 302 CERTIFICATION OF THE CEO&CFOEX-32.1  SECTION 906 CERTIFICATION OF THE CEO&CFO    Table of Contents  
 PART ONE
 FINANCIAL INFORMATION
 
 ITEM 1. FINANCIAL STATEMENTS.
  
 ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.
 Results of Operations
  Liquidity and Capital Resources
   2




---



##### Table of Contents



PART TWO
 OTHER INFORMATION
 
 ITEM 1 LEGAL PROCEEDINGS.
  
 ITEM 2. CHANGES IN SECURITIES.
  
 ITEM 3. DEFAULTS UPON SENIOR SECURITIES.
  
 ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.
  
 ITEM 5. OTHER INFORMATION.
  
 ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
     3




---



##### Table of Contents



SIGNATURES
  ALPHA PETROLEUM EXPLORATION
CORPORATIONBy:
    /s/ Roland M. Jermyn, Jr.Roland M. Jermyn, Jr., President  /s/ Roland M. Jermyn, Jr.
    
    September 1, 2007.Roland M. Jermyn, Jr., DirectorPrincipal Executive Officer, and
Principal Financial Officer 4




---



##### Table of Contents



9 months ended30-Jun-07
    
    30-Jun-06Cash flows from operating activitiesNet loss
    
    $
    (14,702
    )
    
    $
    (177
    )Adjustments to reconcile net loss to net
cash provided by operating activitiesChanges in operating assets and
liabilitiesAccounts payable
    
    
    14,500
    
    
    
    Increase in interest payable
    
    
    
    
    
    
    Increase in tax liability
    
    
    202
    
    
    
    177Net cash used in operating activities
    
    
    
    
    
    
    Cash flows from financing activitiesLoan from shareholders
    
    
    
    
    
    
    Net cash provided by financing activities
    
    
    
    
    
    
    Net increase in cash
    
    
    
    
    
    
    Cash, beginning of period
    
    
    1,100
    
    
    
    1,100Cash, end of period
    
    $
    1,100
    
    
    $
    1,100Supplemental disclosures of cash flow informationCash paid during the periods forInterest
    
    $
    
    
    
    $
    Taxes
    
    $
    
    
    
    $
    




---



##### Table of Contents



9 months ended
    
    Three months ended30-Jun-07
    
    30-Jun-06
    
    30-Jun-07
    
    30-Jun-06Revenue
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    General and administrative
expenses
    
    
    14,500
    
    
    
    
    
    
    
    14,500Loss from Operations
    
    
    (14,500
    )
    
    
    
    
    
    
    (14,500
    )
    
    
    Other income (expense)Interest
ExpenseTax interest and
penalties
    
    
    (202
    )
    
    
    (177
    )
    
    
    (32
    )
    
    
    (28
    )(202
    )
    
    
    (177
    )
    
    
    (32
    )
    
    
    (28
    )NET LOSS
    
    $
    (14,702
    )
    
    $
    (177
    )
    
    $
    (14,532
    )
    
    $
    (28
    )Weighted average number
of shares outstanding
    
    
    1,399,912
    
    
    
    1,399,912
    
    
    
    1,399,912
    
    
    
    1,399,912Loss per share
    
    $
    (0.01
    )
    
    $
    (0.00
    )
    
    $
    (0.01
    )
    
    $
    (0.00
    )




---



##### Table of Contents



ASSETSCurrent AssetsCash
    
    $
    1,100Total Current Assets
    
    
    1,100$
    1,100LIABILITIES AND STOCKHOLDERS DEFICIENCYCurrent LiabilitiesAccounts Payable
    
    $
    44,576New York State Tax Liability
    
    
    1,082Total Current Liabilities
    
    
    45,658Stockholders DeficiencyCommon stock, par value $.01 authorized,
40,000,000 shares; issued and
outstanding, 1,399,912 shares
    
    
    13,999Additional paid-in-capital
    
    
    7,190,116Accumulated deficit
    
    
    (7,248,673
    )(44,558
    )$
    1,100