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

                                    FORM 10-Q

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

    FOR THE QUARTERLY PERIOD ENDED FEBRUARY 28, 2011

                        Commission file number 000-54253


                            AMERIWEST PETROLEUM CORP.
             (Exact name of registrant as specified in its charter)

                                     Nevada
         (State or other jurisdiction of incorporation or organization)

                           575 Anton Blvd., Suite 300
                              Costa Mesa, CA 92626
          (Address of principal executive offices, including zip code)

                                  (714)276-0202
                     (Telephone number, including area code)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act 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 last 90 days. YES [X] NO [ ]

Indicate by check mark whether the registrant has submitted electronically and
posted on its corporate Web site, if any, every Interactive Data File required
to be submitted and posted pursuant to Rule 405 of Regulation S-T (ss.232.405 of
this chapter) during the preceding 12 months (or for such shorter period that
the registrant was required to submit and post such files). YES [ ] NO [ ]

Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting company. See
the definitions of "large accelerated filer, "accelerated filer,"
"non-accelerated filer," and "smaller reporting company" in Rule 12b-2 of the
Exchange Act.

Large accelerated filer [ ]                        Accelerated filer [ ]

Non-accelerated filer [ ]                          Smaller reporting company [X]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act). YES [X] NO [ ]

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: 37,500,000 shares as of April 14,
2011.
<PAGE>
ITEM 1. FINANCIAL STATEMENTS.

The financial statements for the period ended February 28, 2011 immediately
follow.



                                       2
<PAGE>
                            AMERIWEST PETROLEUM CORP.
                        (f/k/a AMERIWEST MINERALS CORP.)
                         (An Exploration Stage Company)
                                 Balance Sheets
                                   (unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                    As of              As of
                                                                 February 28,          May 31,
                                                                     2011               2010
                                                                   --------           --------
<S>                                                                <C>                <C>
                                     ASSETS

CURRENT ASSETS
  Cash                                                             $ 42,141           $    343
  Deposits                                                           50,000                 --
                                                                   --------           --------
      TOTAL CURRENT ASSETS                                           92,141                343

FIXED ASSETS
  Bioreactor Pod                                                         --             24,000
                                                                   --------           --------
      TOTAL FIXED ASSETS                                                 --             24,000
                                                                   --------           --------

      TOTAL ASSETS                                                 $ 92,141           $ 24,343
                                                                   ========           ========

                       LIABILITIES & STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Accounts Payable & Accrued Liabilities                           $  1,379           $  2,500
  Loan Payable                                                      100,000                 --
  Loan Payable - Related Party                                       10,274              2,500
                                                                   --------           --------
      TOTAL LIABILITIES                                             111,653              5,000

STOCKHOLDERS' EQUITY
  Common stock, $.001 par value, 450,000,000 shares
   authorized; 37,500,000 shares issued and outstanding
   as of February 28, 2011 and May 31, 2010                          37,500             37,500
  Additional paid-in capital                                         42,500             42,500
  Deficit accumulated during exploration stage                      (99,512)           (60,657)
                                                                   --------           --------
      TOTAL STOCKHOLDERS' EQUITY                                    (19,512)            19,343
                                                                   --------           --------

      TOTAL LIABILITIES & STOCKHOLDERS' EQUITY                     $ 92,141           $ 24,343
                                                                   ========           ========
</TABLE>


            See accompanying notes to unaudited financial statements

                                       3
<PAGE>
                            AMERIWEST PETROLEUM CORP.
                        (f/k/a AMERIWEST MINERALS CORP.)
                         (An Exploration Stage Company)
                             Statements of Expenses
                                   (unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                        May 30, 2007
                                    Three Months     Three Months     Nine Months      Nine Months      (inception)
                                       ended            ended            ended            ended           through
                                    February 28,     February 28,     February 28,     February 28,     February 28,
                                        2011             2010             2011             2010             2011
                                    ------------     ------------     ------------     ------------     ------------
<S>                                 <C>              <C>              <C>              <C>              <C>
GENERAL & ADMINISTRATIVE EXPENSES   $      2,918     $        897     $      4,759     $      2,634     $     19,788
  Accrued Interest                         1,379               --            1,379               --            1,379
  Professional Fees                        4,017            1,300            8,717            4,938           38,017
  Impairment of Mineral Properties            --               --               --               --           16,328
  Impairment of Asset                         --               --           24,000               --           24,000
                                    ------------     ------------     ------------     ------------     ------------

NET LOSS                            $     (8,314)    $      2,197     $    (38,855)    $     (7,572)    $    (99,512)
                                    ============     ============     ============     ============     ============

BASIC AND DILUTED NET LOSS PER
 COMMON SHARE                       $      (0.00)    $      (0.00)    $      (0.00)    $      (0.00)
                                    ============     ============     ============     ============
WEIGHTED AVERAGE NUMBER OF
 COMMON SHARES OUTSTANDING            37,500,000       37,500,000       37,500,000       37,500,000
                                    ============     ============     ============     ============
</TABLE>


            See accompanying notes to unaudited financial statements

                                       4
<PAGE>
                            AMERIWEST PETROLEUM CORP.
                        (f/k/a AMERIWEST MINERALS CORP.)
                         (An Exploration Stage Company)
                            Statements of Cash Flows
                                   (unaudited)
--------------------------------------------------------------------------------

<TABLE>
<CAPTION>
                                                                                                           May 30, 2007
                                                                 Nine Months          Nine Months          (inception)
                                                                    ended                ended               through
                                                                 February 28,         February 28,         February 28,
                                                                    2011                 2010                 2011
                                                                 ----------           ----------           ----------
<S>                                                              <C>                  <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss                                                       $  (38,855)          $   (7,572)          $  (99,512)
  Impairment of Asset                                                24,000                   --               24,000
  Adjustments to reconcile net loss to net
   cash used in operating activities:

  Changes in operating assets and liabilities:
     Accounts Payable & Accrued Liabilities                          (1,121)               1,300                1,379
     Deposits                                                       (50,000)                  --              (50,000)
                                                                 ----------           ----------           ----------
          NET CASH USED IN OPERATING ACTIVITIES                     (65,976)              (6,272)            (124,133)

CASH FLOWS FROM INVESTING ACTIVITIES
  Purchase of Bioreactor Pod                                             --              (24,000)             (24,000)
                                                                 ----------           ----------           ----------
          NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES            --              (24,000)             (24,000)

CASH FLOWS FROM FINANCING ACTIVITIES
  Loan Payable                                                      100,000                   --              100,000
  Loan Payable - Related Party                                        7,774                   --               10,274
  Issuance of common stock for cash                                      --                   --               80,000
                                                                 ----------           ----------           ----------
          NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES       107,774                   --              190,274
                                                                 ----------           ----------           ----------

NET CHANGE IN CASH                                                   41,798              (30,272)              42,141

CASH AT BEGINNING OF PERIOD                                             343               30,469                   --
                                                                 ----------           ----------           ----------

CASH AT END OF PERIOD                                            $   42,141           $      197           $   42,141
                                                                 ==========           ==========           ==========

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION

Cash paid during year for:
  Interest                                                       $       --           $       --           $       --
  Income Taxes                                                   $       --           $       --           $       --
</TABLE>


            See accompanying notes to unaudited financial statements

                                       5
<PAGE>
                            AMERIWEST PETROLEUM CORP.
                        (F/K/A AMERIWEST MINERALS CORP.)
                         (AN EXPLORATION STAGE COMPANY)
                     NOTES TO UNAUDITED FINANCIAL STATEMENTS
                             AS OF FEBRUARY 28, 2011

NOTE 1. BASIS OF PRESENTATION

The accompanying  unaudited interim financial statements of Ameriwest Petroleum,
Inc.,  have been prepared in accordance  with  accounting  principles  generally
accepted  in the United  States of America and the rules of the  Securities  and
Exchange  Commission,  and  should  be  read in  conjunction  with  the  audited
financial  statements and notes thereto contained in Ameriwest's Form 10-K filed
with SEC. In the opinion of management,  all  adjustments,  consisting of normal
recurring  adjustments,  necessary for a fair presentation of financial position
and the  results of  operations  for the  interim  periods  presented  have been
reflected  herein.  The  results  of  operations  for  interim  periods  are not
necessarily indicative of the results to be expected for the full year. Notes to
the financial  statements  which would  substantially  duplicate the  disclosure
contained in the audited financial statements for fiscal 2010 as reported in the
Form 10-K have been omitted.

NOTE 2. GOING CONCERN

As  of  February  28,  2011,  Ameriwest  has  not  generated  revenues  and  has
accumulated  losses since  inception.  The  continuation of Ameriwest as a going
concern is dependent upon the continued financial support from its shareholders,
its ability to obtain necessary equity financing to continue operations, and the
attainment of profitable  operations.  These  factors  raise  substantial  doubt
regarding Ameriwest's ability to continue as a going concern.

NOTE 3. DEPOSITS

As of February  28,  2011,  $50,000 was held on deposit in an  attorney's  trust
account pending the signing of a Letter of Intent to acquire certain oil and gas
leases.

NOTE 4. ACQUISITION OF FIXED ASSETS

On November 13, 2009, the Company  purchased a bioreactor pod for $24,000 to use
in a test  process.  As of February 28,  2011,  the Company has not been able to
take  possession  and implement the testing of the  bioreactor  pod due to legal
problems the  manufacturer is  experiencing.  The Company  therefore felt it was
appropriate to write off the asset.

NOTE 5. LOAN PAYABLE - RELATED PARTY

As of  February  28,  2011,  there is a loan  payable  due to William  Muran for
$10,274,  that is non interest bearing,  unsecured,  with no specific  repayment
terms.

                                       6
<PAGE>
NOTE 6. NOTE PAYABLE

As of February  28,  2011,  there were loans  payable to two  unrelated  parties
comprising of $50,000 principal each and $1,379 accrued interest. The loans bear
interest at 6% per annum and are due in December 2011.

                                       7
<PAGE>
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION.

FORWARD LOOKING STATEMENTS

This report includes a number of forward-looking statements that reflect our
current views with respect to future events and financial performance.
Forward-looking statements are often identified by words like: believe, expect,
estimate, anticipate, intend, project and similar expressions, or words which,
by their nature, refer to future events. You should not place undue certainty on
these forward-looking statements, which apply only as of the date of this
report. These forward-looking states are subject to certain risks and
uncertainties that could cause actual results to differ materially from
historical results or out predictions.

RESULTS OF OPERATIONS

We are still in our exploration stage and have generated no revenues to date.

The Company carried out the first phase of exploration on the Key 1-4 Mineral
Claims, SW Goldfield Hills Area, Esmeralda County, Nevada, USA consists of
approximately 83 acres. The results of Phase I were not promising and management
determined it was in the best interests of the shareholders to abandon the
property and we allowed the Claim to lapse in September 2009.

On November 4, 2009 the Company signed a Letter of Intent with Suntech Energy of
British Columbia to establish the basic terms to be used in a future asset
purchase between the Company and Suntech Energy. The Agreement was to become
effective on or before March 31, 2010. The letter of intent expired without
having concluded the Agreement.

On November 13, 2009, the Company purchased a bioreactor pod for $24,000 to use
in a test process. If the results prove positive then the Company will proceed
with acquiring the license rights for those pods. As of November 30, 2010, the
Company has not been able to take possession and implement the testing of the
bioreactor pod due to legal problems the manufacturer is experiencing. The
Company therefore felt it was appropriate to write off the asset during the
period ended November 30, 2010.

As a result of the above noted events, we are now investigating other properties
on which exploration could be conducted and other business opportunities to
enhance shareholder value.

We incurred operating expenses of $8,314 and $2,197 for the three months ended
February 28, 2011 and 2010, respectively. These expenses consisted of $2,918 and
$897, respectively, in general operating expenses, $4,017 and $1,300 in
professional fees, respectively, and $1,379 and $0 in accrued interest incurred
in connection with the day to day operation of our business and the preparation
and filing of our reports with the U.S. Securities and Exchange Commission.

We incurred operating expenses of $38,855 and $7,572 for the nine months ended
February 28, 2011 and 2010, respectively. These expenses consisted of $4,759 and
$2,634, respectively, in general operating expenses, $8,717 and $4,938,
respectively, in professional fees, $1,379 and $0, respectively, for accrued

                                       8
<PAGE>
interest and $24,000 and $0, respectively, in loss on impairment of assets
incurred in connection with the day to day operation of our business and the
preparation and filing of our reports with the U.S. Securities and Exchange
Commission.

Our net loss from inception (May 30, 2007) through February 28, 2011 was
$99,512.

We have sold $80,000 in equity securities to fund our operations to date. On May
30, 2007, we issued 3,000,000 common shares at $0.005 per share or $15,000 to
our officer and director. A total of 3,250,000 shares of common stock were
issued to non-US persons on February 18, 2008. The purchase price of the shares
was $65,000 or $0.02 per share. On September 1, 2008 1,050,000 shares were
rescinded by the company and funds in the amount of $21,000 were returned to
seven shareholders. We rescinded the shares with the consent of such
shareholders due to our concerns regarding the available exemptions from the
prospectus and registration requirements of the jurisdiction of residence of
such shareholders. Therefore, as a precautionary measure, the company was of the
view that rescission was the appropriate remedy. On September 4, 2008 a total of
1,050,000 shares of common stock were issued to six non-US persons. The purchase
price of the shares was $21,000 or $0.02 per share. These shares were exempt
from registration under Regulation S of the Securities Act of 1933.

On December 23, 2010, we effected a six (6) for one (1) forward stock split of
our authorized and issued and outstanding shares of common stock. As a result,
our authorized capital increased from 75,000,000 shares of common stock to
450,000,000 shares of common stock and our issued and outstanding shares of
common stock increased from 6,250,000 shares of common stock to 37,500,000
shares of common stock, all with a par value of $0.001.

Also effective December 23, 2010, we have changed our name from "Ameriwest
Minerals Corp." to "Ameriwest Petroleum Corp." by way of a merger with our
wholly-owned subsidiary Ameriwest Petroleum, which was formed solely for the
change of name.

As of February 28, 2011, there is a loan payable to the director for $10,274,
that is non-interest bearing, unsecured, with no specific terms of repayment.

As of February 28, 2011, there were loans payable to two unrelated parties
comprising of $50,000 principal each and $1,379 accrued interest. The loans bear
interest at 6% per annum and are due in December 2011.

The following table provides selected financial data about our company for the
quarter ended February 28, 2011 and May 31, 2010, our year end.

          Balance Sheet Data:            2/28/11             5/31/10
          -------------------            -------             -------

          Cash                          $  42,141           $     343
          Total assets                  $  92,141           $  24,343
          Total liabilities             $ 111,653           $   5,000
          Shareholders' equity          $ (19,512)          $  19,343

                                       9
<PAGE>
LIQUIDITY AND CAPITAL RESOURCES

Our cash balance at February 28, 2011 was $42,141, with total assets of $92,141.
We are an exploration stage company and have generated no revenue to date.
Management believes our current cash balance will be sufficient to fund our
operating activities over the next 12 months.

PLAN OF OPERATION

We are now investigating other properties on which exploration could be
conducted and other business opportunities to enhance shareholder value. If we
are unable to find another property or business opportunity, our shareholders
will lose some or all of their investment and our business will likely fail.

OFF-BALANCE SHEET ARRANGEMENTS

We do not have any off-balance sheet arrangements that have or are reasonably
likely to have a current or future effect on our financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that is material to investors.

ITEM 4. CONTROLS AND PROCEDURES.

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

We maintain "disclosure controls and procedures," as such term is defined in
Rule 13a-15(e) under the Securities Exchange Act of 1934 (the "Exchange Act"),
that are designed to ensure that information required to be disclosed in our
Exchange Act reports is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commission rules and
forms, and that such information is accumulated and communicated to our
management, including our Chief Executive Officer and Chief Financial Officer,
as appropriate, to allow timely decisions regarding required disclosure. We
conducted an evaluation (the "Evaluation"), under the supervision and with the
participation of our Chief Executive Officer ("CEO") and Chief Financial Officer
("CFO"), of the effectiveness of the design and operation of our disclosure
controls and procedures ("Disclosure Controls") as of the end of the period
covered by this report pursuant to Rule 13a-15 of the Exchange Act. Based on
this Evaluation, our CEO and CFO concluded that our Disclosure Controls were
ineffective as of the end of the period covered by this report.

CHANGES IN INTERNAL CONTROLS

We have also evaluated our internal controls for financial reporting, and there
have been no significant changes in our internal controls or in other factors
that could significantly affect those controls subsequent to the date of their
last evaluation.

                                       10
<PAGE>
LIMITATIONS ON THE EFFECTIVENESS OF CONTROLS

Our management, including our CEO and CFO, does not expect that our Disclosure
Controls and internal controls will prevent all errors and all fraud. A control
system, no matter how well conceived and operated, can provide only reasonable,
not absolute, assurance that the objectives of the control system are met.
Further, the design of a control system must reflect the fact that there are
resource constraints, and the benefits of controls must be considered relative
to their costs. Because of the inherent limitations in all control systems, no
evaluation of controls can provide absolute assurance that all control issues
and instances of fraud, if any, within the Company have been detected. These
inherent limitations include the realities that judgments in decision-making can
be faulty, and that breakdowns can occur because of a simple error or mistake.
Additionally, controls can be circumvented by the individual acts of some
persons, by collusion of two or more people, or by management or board override
of the control.

The design of any system of controls also is based in part upon certain
assumptions about the likelihood of future events, and there can be no assurance
that any design will succeed in achieving its stated goals under all potential
future conditions; over time, controls may become inadequate because of changes
in conditions, or the degree of compliance with the policies or procedures may
deteriorate. Because of the inherent limitations in a cost-effective control
system, misstatements due to error or fraud may occur and not be detected.

CEO AND CFO CERTIFICATIONS

Appearing immediately following the Signatures section of this report there are
Certifications of the CEO and the CFO. The Certifications are required in
accordance with Section 302 of the Sarbanes-Oxley Act of 2002 (the Section 302
Certifications). This Item of this report, which you are currently reading is
the information concerning the Evaluation referred to in the Section 302
Certifications and this information should be read in conjunction with the
Section 302 Certifications for a more complete understanding of the topics
presented.

                           PART II. OTHER INFORMATION

ITEM 6. EXHIBITS.

The following exhibits are included with this quarterly filing:

Exhibit No.                            Description
-----------                            -----------

   3.1        Articles of Incorporation (Incorporated by reference to our
              Registration Statement on form SB-2 filed on 8/8/07, SEC file
              #333-145225)

   3.2        Bylaws (Incorporated by reference to our Registration Statement on
              form SB-2 filed on 8/8/07, SEC file #333-145225)

   31         Sec. 302 Certification of Principal Executive & Financial Officer

   32         Sec. 906 Certification of Principal Executive & Financial Officer

                                       11
<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, thereunto duly authorized.

April 14, 2011           Ameriwest Petroleum Corp.


                             /s/ William J. Muran
                             ---------------------------------------------------
                         By: William J. Muran
                             (Chief Executive Officer, Chief Financial Officer,
                             Principal Accounting Officer, President, Secretary,
                             Treasurer & Sole Director)


                                       12