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   March 31, 1999

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 March 31,
1999.<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 . . . . . . . . . . . . . .6
          Notes to Financial Statements . . . . . . . . . . .7
Item 2    Management's Discussion and Analysis of Financial
            Conditions and Results of Operations. . . . . . .8

          PART II - Other Information
          Signatures. . . . . . . . . . . . . . . . . . . . 10
<PAGE>
                  PART I - FINANCIAL INFORMATION

       General Energy Resources and Technology Corporation
                          Balance Sheets

Item 1
                              ASSETS
                                       March 31,    December 31,
                                         1999           1998
                                      (Unaudited)    (Unaudited)
CURRENT ASSETS
 Cash                                $    2,421      $    2,817
 Accounts Receivable Trade               63,392          48,819 
 Less Allowance for Doubtful 
   Accounts                             (13,526)        (13,526)
 Prepaid Expenses                         1,701           1,785
                                      _________       _________
     Total Current Assets                53,988          39,895

PROPERTY AND EQUIPMENT, AT COST
 Proved Oil and Gas Properties,
   Successful Efforts Method of
   Accounting                         2,358,252       2,358,252
                                      _________       _________
     Total Property and Equipment     2,358,252       2,358,252 

 Less Accumulated Depreciation,
   Depletion, and Amortization        2,230,010       2,227,650
                                      _________       _________
     Net Property and Equipment         128,242         130,602

OTHER ASSETS
 Investments (net of unrealized
   loss of $288,950)                      1,050           1,050
                                      _________       _________
                                     $  183,280      $  171,547
                                      =========       =========

               LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
 Current Installments of
   Long-Term Debt                    $        0      $        0
 Accounts Payable Trade                 412,044         408,416
 Notes Payable                          134,900         113,400
 Salaries Payable                        61,292          57,892
 Accrued Interest                         9,252           6,240
                                      _________       _________
     Total Current Liabilities          617,488         585,948

LONG-TERM DEBT                           53,101          52,947

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                             (8,721,508)     (8,701,547)
                                      _________       _________
     Total Stockholders' Equity        (487,309)       (467,348)

                                     $  183,280      $  171,547
                                      =========       =========

          See Accompanying Notes to Financial Statements
<PAGE>
       General Energy Resources and Technology Corporation
                     Statements of Operations
             Three Months Ended March 31, (Unaudited)

                                         1999            1998
                                         ____            ____

REVENUES
 Oil and Gas Sales
   Working Interest                  $   16,149      $   18,283
   Royalty Interest                         215           2,768
 Expense Reimbursement                   12,000          15,000
 Administrative Overhead                  4,200           4,200
 Gain(Loss) in sale of oil and
   gas property                               0             900
 Oilfield Revenue Distribution                0             420
                                      _________       _________
     Total Revenues                      32,564          41,571

COSTS AND EXPENSES
 Lease and Operating Expenses            12,005          17,352
 Taxes Other Than on Income                 994             936
 Dry Holes and Abandonments                   0              11
 Depreciation, Depletion and
   Amortization                           2,361           2,686
 General and Administrative              34,153          35,382
 Interest Expense                         3,012             759
                                      _________       _________
     Total Expenses                      52,525          57,126
                                      _________       _________
NET INCOME (LOSS)                    $  (19,961)     $  (15,555)
                                      =========       =========
NET INCOME (LOSS) PER WEIGHTED
 AVERAGE SHARE OF COMMON STOCK       $    (.002)     $    (.002)
                                      _________       _________
WEIGHTED AVERAGE NUMBER OF SHARES
 OUTSTANDING                          7,991,870       7,991,870
                                      _________       _________

          See Accompanying Notes to Financial Statements
<PAGE>
       General Energy Resources and Technology Corporation
                     Statement of Cash Flows
             Three Months Ended March 31, (Unaudited)

                                         1999            1998
                                         ____            ____
CASH FLOWS FROM OPERATING ACTIVITIES
 Net Income (Loss)                   $  (19,961)     $  (15,555)
 Adjustments to Reconcile Net
   Earnings to Net Cash Provided by
   Operating Activities
 Depreciation, Depletion and
   Amortization                           2,361           2,686
 Abandonments, Expired and
   Surrendered Leases                         0               0
 (Gain)Loss on Sale of Oil and
   Gas Properties                             0               0
 (Increase)Decrease in Current Assets:
   Trade Accounts Receivable            (14,573)            (89)
   Prepaid Expenses                          84            (114)
 Increase(Decrease) in Current Liabilities:
   Trade Accounts Payable                 7,027             859
   Notes Payable                         21,500          17,000
   Accrued Interest                       3,012               0
                                      _________       _________
       NET CASH FROM OPERATING
         ACTIVITIES                        (550)          4,787

CASH FLOWS FROM INVESTING ACTIVITIES
 Acquisition of Property and
   Equipment                                  0               0
                                      _________       _________
       NET CASH FROM INVESTING
         ACTIVITIES                           0               0

CASH FLOWS FROM FINANCING ACTIVITIES
 Increase(Decrease) in Long-Term Debt       154               0
                                      _________       _________
       NET CASH FROM FINANCING
         ACTIVITIES                         154               0
                                      _________       _________
       NET INCREASE(DECREASE) IN
         CASH                              (396)          4,787

CASH AT BEGINNING OF PERIOD               2,817             294
                                      _________       _________
       CASH AT END OF PERIOD         $    2,421      $    5,081
                                      =========       =========
<PAGE>
       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 it's 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 its' 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 1999 and 1998.

 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 non    March 31,       Dec. 31,
cash transactions during the           1999            1998
periods ending March 31, 1999
and December 31, 1998                                 

     Write-off of Accounts Payable     -0-            12,019

 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 does not
expect to reduce this loan within the current year.

 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 March 31, 1999 and December 31, 1998, and the
results of operations for the three months ended March 31, 1999
and 1998. All adjustments are of a normal recurring nature.

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 quarter ended March
31, 1999 totaled $32,564. This represents a decrease of ($9,007) 
from the same quarter in 1998 and is largely the result of a
reduction in oil and gas income.

Total expenses decreased ($4,601) from $57,126 at March 31, 1998
to $52,525 at March 31, 1999. 

The Company's net loss for the three months ended March 31, 1999
increased $4,406 from ($15,555) at March 31, 1998 to ($19,961) at
March 31, 1999.

 Liquidity/Capital Resources
Net cash from operating activities decreased $5,337 to ($550) at
March 31, 1999 compared to $4,787 at March 31, 1998.

Management has developed plans to provide services in an Antrim
gas project located in the State of Michigan and anticipates
consulting fees.

As part of this project, the Company anticipates purchasing new
computer hardware and software which will be Year 2000 compliant.

In view of it's currently limited activity, the Company has
determined that the potential consequences of Year 2000 issues
would not have a material effect on business, results of
operations, or financial conditions.

Management feels that cash flows generated in 1999 from
consulting fees and from additional loan advances will be
sufficient to pay current operating liabilities.


                   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 19th day of May, 1999.

                            GENERAL ENERGY RESOURCES AND
                              TECHNOLOGY CORPORATION


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