FORM 10-Q

                SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549

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

For Quarter Ended   September 30, 1996

Commission File No. 0-10286

       General Energy Resources and Technology Corporation
      (Exact name of registrant as specified in its charter)

          Michigan                                38-2266968
(State or other jurisdiction of              (I.R.S. Employer
 incorporation or organization)               Identification No.)

                       401 W. Front Street
                  Traverse City, Michigan 49684
             (Address of principal executive offices)

                           616-946-1473
       (Registrant's telephone number, including area code)

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 a 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 ( ).

              Applicable only to Corporate Issuers:

Indicate the number of shares outstanding of each of the issuer's
classes of common stock as of the latest practicable date.

Common Stock, Par Value $.10 - 7,991,870 shares, as of September
30, 1996.<PAGE>
       GENERAL ENERGY RESOURCES AND TECHNOLOGY CORPORATION
                        Index to Form 10-Q




          PART I - Financial Information                 Page
Item 1    Balance Sheets. . . . . . . . . . . . . . . . . . .3
          Statements of Operations. . . . . . . . . . . . . .5
          Statement of Cash Flows . . . . . . . . . . . . . .7
          Notes to Financial Statements . . . . . . . . . . .8
Item 2    Management's Discussion and Analysis of Financial
            Conditions and Results of Operations. . . . . . .9

          PART II - Other Information
          Signatures. . . . . . . . . . . . . . . . . . . . .11
<PAGE>
                  PART I - FINANCIAL INFORMATION

       General Energy Resources and Technology Corporation
                          Balance Sheets

Item 1
                              ASSETS
                                       Sept. 30,    December 31,
                                         1996           1995
                                      (Unaudited)    (Unaudited)
CURRENT ASSETS
 Cash                                $   20,072      $  136,108
 Accounts receivable trade, less
   allowance for doubtful accounts
   of $8,698                            129,373         583,526
 Prepaid expenses                           687             437
                                      _________       _________
     Total current assets               150,132         720,071

PROPERTY AND EQUIPMENT, AT COST
 Proved oil and gas properties,
   successful efforts method of
   accounting                         2,858,136       2,891,901
 Unproved leasehold and minerals         85,106          85,106
 Drilling contracts in progress          19,791          12,213
                                      _________       _________
     Total property and equipment     2,963,033       2,989,220 

 Less accumulated depreciation,
   depletion, and amortization        2,633,811       2,650,669
                                      _________       _________
     Net property and equipment         329,222         338,551

OTHER ASSETS
 Investments (net of unrealized
   loss of $288,950)                      1,050           1,050
                                      _________       _________
                                     $  480,404      $1,059,672
                                      =========       =========

               LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
 Current installments of
   long-term debt                    $    3,000      $    3,000
 Accounts payable trade                 469,641         746,954
 Joint interest prepayments                   0         135,371
 Other current liabilities                    0         111,000
 Stock purchase overpayments                  0          25,603
                                      _________       _________
     Total current liabilities          472,641       1,021,928

LONG-TERM DEBT                           55,168          55,429

STOCKHOLDERS' EQUITY
 Common stock ($.10 par value,
   18,000,000 shares authorized,
   7,991,870 shares issued and
   outstanding)                         799,187         799,187
 Additional paid-in capital           7,435,012       7,435,012
 Deficit                             <8,281,604>     <8,251,884>
                                      _________       _________
     Total stockholders' equity         <47,405>        <17,685>

                                     $  480,404      $1,059,672
                                      =========       =========

See accompanying notes to financial statements.
<PAGE>
<TABLE>
                    GENERAL ENERGY RESOURCES AND TECHNOLOGY CORPORATION
                                 Statements of Operations
<CAPTION>
                                  Three Months Ended            Nine Months Ended
                                       Sept. 30                      Sept. 30     
                                  1996          1995           1996          1995
<S>                             <C>           <C>            <C>           <C>
Revenues:
   Oil and gas sales:
        Working interest        $    31,147        55,903         66,600       236,879
        Royalty interest             19,012        15,379         50,701        43,443
   Repromotional income                   0          <101>         2,349         5,940
   Gain/Loss on sale of assets       <7,476>            0        <11,828>       <8,883>
   Administrative overhead            4,200         6,950         14,600        15,350
   Consulting fees                        0        19,687            577        54,334
   Write-off of expired
     credits                              0             0         66,116             0
   Miscellaneous income                 100             0            102             2
                                 __________    __________     __________    __________
        Total revenues               46,983        97,818        189,217       347,065

Costs and expenses:
   Lease and operating
     expenses                        29,365        87,217         51,954       214,334
   Taxes other than on income         3,096         2,507          7,330         8,079
   Dry holes and abandonments            58            88            142        <2,413>
   Depreciation, depletion and
     amortization                     3,616        10,600         10,506        33,687
   General and administrative        31,396        60,684        146,831       202,237
   Interest expense                   2,174           915          2,174         3,059
                                 __________    __________     __________    __________
        Total costs/expenses         69,705       162,011        218,937       458,983
                                 __________    __________     __________    __________
Net income <loss>               $   <22,722>      <64,193>       <29,720>     <111,918>
                                 ==========    ==========     ==========    ==========

Net income <loss> per weighted
 average share of common stock  $     <.003>        <.008>         <.004>         <.01>
                                 ==========    ==========     ==========    ==========
Weighted average number of
 shares outstanding               7,991,870     7,991,870      7,991,870     7,991,870
                                 ==========    ==========     ==========    ==========


See accompanying notes to financial statements.
</TABLE>General Energy Resources and Technology Corporation
                     Statement of Cash Flows
           Nine Months Ended September 30, (Unaudited)

                                     1996          1995
                                     ____          ____
CASH FLOWS FROM OPERATING ACTIVITIES
 Net income <loss>               $  <29,720>   $ <111,918>
 Adjustments to reconcile net
  earnings to net cash provided
  by operating activities
 Depreciation, depletion and
  amortization                       10,506        33,687
 <Gain> loss on sale of oil and
  gas properties                      1,928         8,883
 <Increase> decrease in current
  assets:
 Trade accounts receivable          454,153      <112,663>
 Prepaid expenses                      <250>         <249>
 Increase <decrease> in current
  liabilities:
 Trade accounts payable            <277,313>      156,680
 Joint interest prepayments        <135,371>       58,851
 Expired credits - stock
  purchase overpayment              <25,603>            0
                                  _________     _________
     NET CASH FROM OPERATING
       ACTIVITIES                    <1,670>       33,271

CASH FLOWS FROM INVESTING ACTIVITIES
 Acquisition of property and
  equipment                          <7,578>       <2,288>
 Proceeds from sale of oil and gas
  property                            4,473           694
                                  _________     _________
     NET CASH FROM INVESTING
       ACTIVITIES                    <3,105>       <1,594>

CASH FLOWS FROM FINANCING ACTIVITIES
 Increase <decrease> in long-term
  debt                             <111,261>      <35,411>
                                  _________     _________
     NET CASH FROM FINANCING
       ACTIVITIES                  <111,261>      <35,411>
                                  _________     _________
     NET INCREASE <DECREASE>
       IN CASH                     <116,036>       <3,734>

CASH AT BEGINNING OF PERIOD         136,108        55,923
                                  _________     _________
     CASH AT END OF PERIOD       $   20,072    $   52,189
                                  =========     =========
       General Energy Resources and Technology Corporation
                  Notes to Financial Statements

 NOTE 1
 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 Property and Equipment
The Company utilizes the successful efforts method of accounting
for its oil and gas exploration and development program. Under
this method of accounting, costs of drilling and completing
successful wells are capitalized, while costs of dry holes are
charged to expense when incurred. Depletion and amortization of
producing leasehold and mineral interests and related intangible
development costs are provided by the unit-of-production method
based on estimates of recoverable oil and gas reserves prepared
by independent petroleum engineers. Lease and well equipment is
depreciated over it's estimated useful life (seven years) by the
straight-line method.

Costs of nonproducing leasehold and mineral interests are not
amortized but are charged to operations when such properties are
abandoned, surrendered, determined to be worthless or transferred
to producing properties and depleted when successfully developed.

Maintenance and repairs are charged to expense when incurred.
Renewals and betterments are capitalized. When assets are sold,
retired or otherwise disposed of, applicable costs and
accumulated depreciation and depletion are removed from the
accounts and the resulting gain or loss is recognized.

 Interest Capitalization
Interest costs applicable to the drilling and equipment of in-
progress and shut-in oil and gas wells are capitalized until such
time as the wells begin producing. There were no entries for
interest capitalization during 1996 and 1995.

 Earnings Per Share
Earnings per share is based on the weighted average number of
shares outstanding.

 NOTE 2
 NON CASH TRANSACTIONS
The Company had the following    Sept. 30,     Dec. 31,
non cash transactions during the   1996          1995
periods ending September 30,
1996 and December 31, 1995         -0-           -0-

 NOTE 3
 LONG-TERM DEBT
On June 1, 1990, the Company signed a $292,814 promissory note
with Mosbacher Energy Company (MEC) for the amount owed MEC by
General Energy Corporation for well operations as of May 7, 1990.
The note is secured by the Company's interest in eleven producing
properties operated by MEC and bears interest at 7 1/4 percent
per annum. Additional terms of the agreement call for monthly
payments of the lesser of $20,000 or the month's production to
MEC. Based on current production estimates, management expects to
reduce this loan by approximately $250 per month.

In 1991, the Company recorded approximately $875,500 of long-term
debt on the Tulare Lakes Field. This represents the Company's 25%
share of the outstanding debt on the field. This is a non
recourse debt. General Energy is not a party to the purchase
contract between Chevron, Penteco and American Barter. The
Company's 25% was to be paid from Penteco Corporation's working
interest percentage, net of expenses. As of December 31, 1995,
the total revenue from the field continued to be less than the
total expenses with no expectation of improvement within the next
twelve months. Management determined the asset and liability to
be unrealistically presented on the financial statements and the
outstanding debt balance of $908,410 which included accrued
interest and the asset balance of $717,288, net of accumulated
DD&A, were written off.

 NOTE 4
 INTERIM STATEMENTS
The Company believes that the accompanying unaudited financial
statements contain all adjustments (including appropriate
provision for depreciation, depletion and amortization normally
determined at year end) necessary to present fairly the financial
position as of September 30, 1996 and December 31, 1995, and the
results of operations for the nine months ended September 30,
1996 and 1995. All adjustments are of a normal recurring nature,
except as follows:
                                 Sept. 30,      Dec. 31,
                                    1996          1995
                                    ____          ____
   Tulare Lakes write-offs                      $299,164
   Write-offs of Expired Credits  $66,116

Interim financials should not necessarily be considered to be
indicative of the results of operations for the entire year.

 NOTE 5
 CONTINGENCIES
The prices of the Company's natural gas production are subject to
the regulations of the Federal Energy Regulatory Commission
(FERC). The Company believes it has substantially complied with
regulations as issued.

Item 2 - Management's Discussion and Analysis of Financial
         Conditions and Results of Operations

 Results of Operations
The Company's total earned revenue for the nine months ended
September 30, 1996 totaled $123,101. This represents a decrease
of <$223,964> from the same period in 1995 and is largely the
result of revenue from the Tulare Lakes Field which was recorded
as oil and gas income in 1995 but discontinued in 1996.

Total expenses decreased ($240,046) from $458,983 at September
30, 1995 to $218,937 at September 30, 1996. Again, this decrease
is the result of operating expenses and DD&A for the Tulare Lakes
Field which were recorded in 1995 but discontinued in 1996.

Despite the reduction in earned revenue, the Company's net loss
for the nine months ended September 30, 1996, was <$29,720>
compared to a loss of ($111,918) for the nine months ended
September 30, 1995. 

 Liquidity/Capital Resources
Net cash from operating activities decreased <$34,941> to
<$1,670> at September 30, 1996 compared to $33,271 at September
30, 1995.

On June 2, 1995, a lawsuit was filed in Kings County, California,
against General Energy and its subsidiary, G.E.N.Y. Operations,
Inc., by Kings County Development Limited and J.G. Boswell
Company.

As a result, and to protect the corporation against ongoing legal
expenses, on March 25, 1996, the Company and it's subsidiary
filed petitions for relief under Chapter 11 of the Bankruptcy
Code.

In July of 1996, the Chapter 11 Bankruptcy against General Energy
Resources and Technology Corporation was dismissed. G.E.N.Y.
Operations, Inc., a wholly owned subsidiary, remained under the
protection of the Chapter 11 Bankruptcy. In August of 1996,
G.E.N.Y. Operations was sold to Penteco Corporation and venue for
the Chapter 11 Bankruptcy was removed from Michigan to Oklahoma.

The lawsuit involving General Energy and Kings County
Development, Ltd., and J.G. Boswell is on going. However, General
Energy has never been a working interest owner in the Tulare
Lakes Project which is the subject of the litigation.

The Company anticipates that cash flows will be generated from an
oil and gas project scheduled for completion in 1996, sufficient
to pay current operating liabilities.

Management has developed contingency plans to obtain additional
capital by the issuance of debt or sale of equities to the extent
that these actions become necessary in the future.


<PAGE>
                   PART II - OTHER INFORMATION

       General Energy Resources and Technology Corporation
                            Signatures

Pursuant to the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized, on
the 13th day of November, 1996.

                            GENERAL ENERGY RESOURCES AND
                              TECHNOLOGY CORPORATION

                            By: H. TERRY SNOWDAY, JR.
                                _______________________________
                                H. Terry Snowday, Jr.
                                President and Director
                                (Principal Executive Officer)