X...Quarterly report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
quarterly period ended June 30, 2002.

....Transition report under section 13 or 15(d) of the Securities Exchange Act of 1934 for the
transition period from _________ to _________.

Commission File No:  0-29803

**SAFE ID CORPORATION**

(Name of small business in its charter)

|Nevada | 0-29803 | 88-0407078
|------ | ------- | ----------

|(State or other jurisdiction of
incorporation) | (Commission File Number) | (IRS Employer Identification
Number)
|---------------------------------------------- | ------------------------ | ------------------------------------

|Suite B3, 1700 Varsity Estates Drive

NW Calgary, Alberta, CANADA | T3B-2W9 
|----------------------------------------------------------------- | --------
|(Address of Principal Office)                                     | Zip Code



Issuer's telephone number: (403) 247-4630



Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the
Securities 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 past
90 days. Yes ..X..  No ....

Applicable only to issuers involved in bankruptcy proceedings during the past five years.

Check whether the issuer has filed all documents and reports required to be filed by Section 12, 13
or 15(d) of the Exchange Act after the distribution of securities under a plan confirmed by a court.
Yes .....  No .....

Applicable only to corporate issuers

State the number of shares outstanding of each of the issuer's classes of common equity, as of the
latest practicable date.  At June 30, 2002, the following shares of common were outstanding:
Common Stock, no par value, 22,584,000 shares.

Transitional Small Business Disclosure Format (Check one): Yes .....     No ..X..

PART 1 - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

(a)  The unaudited financial statements of registrant for the six  months ended June 30, 2002,
follow.  The financial statements reflect all adjustments which are, in the opinion of
management, necessary to a fair statement of the results for the interim period presented.









INDEX TO FINANCIAL STATEMENTS:

Balance Sheets

Statements of Operations

Statements of Stockholders' Equity (Deficiency)

Statements of Cash Flows

Notes to Financial Statements

**SAFE ID CORPORATION**

**(A Development Stage Company)**

**Balance Sheets**

**(Unaudited)**

**(U.S. Dollars)**

|                                                                                                                                  | **June 30,** | **December 31,**
|--------------------------------------------------------------------------------------------------------------------------------- | ------------ | ----------------
|                                                                                                                                  | **2002**     | **2001**        
|                                                                                                                                  |              |                 
|**Assets**                                                                                                                        |              |                 
|                                                                                                                                  |              |                 
|**Current**                                                                                                                       |              |                 
|Cash                                                                                                                              | $10,101      | $7,966          
|Note receivable                                                                                                                   | 22,606       | 20,881          
|                                                                                                                                  |              |                 
|**Total Assets**                                                                                                                  | $32,707      | $28,847         
|                                                                                                                                  |              |                 
|**Liabilities**                                                                                                                   |              |                 
|                                                                                                                                  |              |                 
|**Current**                                                                                                                       |              |                 
|Accounts payable                                                                                                                  | $5,693       | $39,954         
|                                                                                                                                  |              |                 
|**Due to Stockholders**                                                                                                           | 103,534      | 65,489          
|                                                                                                                                  |              |                 
|**Total Liabilities**                                                                                                             | 109,227      | 105,443         
|                                                                                                                                  |              |                 
|**Stockholders' Deficiency**                                                                                                      |              |                 
|                                                                                                                                  |              |                 
|**Common Stock**, 50,000,000 shares authorized, par value of
$0.001, 22,584,000 (2001 - 22,584,000) shares issued and
outstanding | 22,584       | 22,584          
|**Additional Paid-In Capital**                                                                                                    | 33,416       | 33,416          
|**Deficit Accumulated During the Development Stage**                                                                              | (132,020)    | (131,855)       
|**Accumulated Other Comprehensive Loss**                                                                                          | (500)        | (741)           
|                                                                                                                                  |              |                 
|**Total Stockholders' Deficiency**                                                                                                | (76,520)     | (76,596)        
|                                                                                                                                  |              |                 
|**Total Liabilities and Stockholders' Equity**                                                                                    | $32,707      | $28,847         

See notes to financial statements.

**SAFE ID CORPORATION**

**(A Development Stage Company)**

**Statements of Operations**

**(Unaudited)**

**(U.S. Dollars)**

| |  |  |  |  | ******************June 27, 1996**
| |  |  |  |  | ---------------------------------
| |  |  |  |  | ******************(Inception)**  

| | **Three Months Ended June** | **Six Months Ended June** | **To**
| | --------------------------- | ------------------------- | ------

|                  | **2002** | **2001** | **2002** | **2001** | **June 30, 2002**
|----------------- | -------- | -------- | -------- | -------- | -----------------
|                  |          |          |          |          |                  
|**Sales**         | $0       | $11,740  | $0       | $11,740  | $21,490          
|**Cost of Sales** | 0        | 9,180    | 0        | 9,180    | 16,555           
|                  |          |          |          |          |                  
|**Gross Profit**  | 0        | 2,560    | 0        | 2,560    | 4,935            
|                  |          |          |          |          |                  

|**Operating Expenses** |  |  |  | 
|---------------------- |  |  |  | 

|Professional     |            |            |            |            |           
|---------------- | ---------- | ---------- | ---------- | ---------- | ----------
|Fees             | (2,104)    | 10,504     | (2,104)    | 10,504     | 71,355    
|Consulting       | 0          | 973        | 400        | 973        | 40,860    
|Rent             | 512        | 958        | 1,267      | 1,441      | 8,859     
|Selling and      |            |            |            |            |           
|administrative   | 705        | 670        | 1,658      | 770        | 10,911    
|Travel           | 0          | 652        | 0          | 652        | 5,629     
|Interest and     |            |            |            |            |           
|bank charges     | (1,196)    | 101        | (1,056)    | 115        | (659)     
|                 |            |            |            |            |           
|                 | (2,083)    | 13,858     | 165        | 14,455     | 136,955   
|                 |            |            |            |            |           
|**Net Income**   |            |            |            |            |           
|**(Loss) for**   |            |            |            |            |           
|**Period**       | $2,083     | $(11,298)  | $(165)     | $(11,895)  | $(132,020)
|                 |            |            |            |            |           
|**Net Loss Per** |            |            |            |            |           
|**Share**        | $ 0.00     | $ 0.00     | $ 0.00     | $ 0.00     |           
|                 |            |            |            |            |           
|**Weighted**     |            |            |            |            |           
|**Number of**    |            |            |            |            |           
|**Shares**       |            |            |            |            |           
|**Outstanding**  | 22,584,000 | 22,584,000 | 22,584,000 | 22,787,403 |           

See notes to financial statements.

**SAFE ID CORPORATION**

**********(A Development Stage Company)**

**********Statements of Stockholders' Equity (Deficiency)**

**********(Unaudited)**

**********(U.S. Dollars)**



|                                 |           |         |            |               | Deficit     |              
|-------------------------------- | --------- | ------- | ---------- | ------------- | ----------- | -------------
|                                 |           |         |            |               | Accumulated | Total        
|                                 | Common    | Common  | Additional | Other         | During the  | Stockholders'
|                                 | Stock     | Stock   | Paid-in    | Comprehensive | Development | Equity       
|                                 | Number    | Amount  | Capital    | Loss          | Stage       | (Deficiency) 
|                                 |           |         |            |               |             |              
|**Balance, June 27, 1996**       | 0         | $0      | $0         | $0            | $0          | $0           
|**Common Stock Issued for**      | 6,000,000 | 6,000   | (5,000)    | 0             | 0           | 1,000        
|**Net Loss, June 27, 1996**      |           |         |            |               |             |              
|**to December 31, 1996**         | 0         | 0       | 0          | 0             | (1,000)     | (1,000)      
|                                 |           |         |            |               |             |              
|**Balance, December 31, 1996**   | 6,000,000 | 6,000   | (5,000)    | 0             | (1,000)     | 0            
|**Net Loss, Year Ended**         |           |         |            |               |             |              
|**December 31, 1997**            | 0         | 0       | 0          | 0             | 0           | 0            
|                                 |           |         |            |               |             |              
|**Balance, December 31, 1997**   | 6,000,000 | 6,000   | (5,000)    | 0             | (1,000)     | 0            
|**Net Loss, Year Ended**         |           |         |            |               |             |              
|**December 31, 1998**            | 0         | 0       | 0          | 0             | (350)       | (350)        
|                                 |           |         |            |               |             |              
|**Balance, December 31, 1998**   | 6,000,000 | 6,000   | (5,000)    | 0             | (1,350)     | (350)        
|**Common Stock Issued**          |           |         |            |               |             |              
|For services                     | 9,000,000 | 9,000   | 21,000     | 0             | 0           | 30,000       
|For cash                         | 9,000,000 | 9,000   | 21,000     | 0             | 0           | 30,000       
|**Net Loss, Year Ended**         |           |         |            |               |             |              
|**December 31, 1999**            | 0         | 0       | 0          | 0             | (51,861)    | (51,861)     
|**Share Issue Costs**            | 0         | 0       | (5,000)    | 0             | 0           | (5,000)      
|                                 |           |         |            |               |             |              
|**Balance, December 31, 1999**   | 24,000,00 | 24,000  | 32,000     | 0             | (53,211)    | 2,789        
|**Net Loss, Year Ended**         |           |         |            |               |             |              
|**December 31, 2000**            | 0         | 0       | 0          | 0             | (49,217)    | (49,217)     
|                                 |           |         |            |               |             |              
|**Balance, December 31, 2000**   | 24,000,00 | 24,000  | 32,000     | 0             | (102,428)   | (46,428)     
|**Common Stock Repurchases**     | (1,416,00 | (1,416) | 1,416      | 0             | 0           | 0            
|**Foreign Currency Translation** | 0         | 0       | 0          | (741)         | 0           | (741)        
|**Net Loss, Period Ended**       |           |         |            |               |             |              
|**December 31, 2001**            | 0         | 0       | 0          | 0             | (29,427)    | (29,427)     
|                                 |           |         |            |               |             |              
|**Balance, December 31, 2001**   | 22,584,00 | 22,584  | 33,416     | (741)         | (131,855)   | (76,596)     
|**Foreign Currency Translation** | 0         | 0       | 0          | 241           | 0           | 241          
|**Net Loss, Period Ended**       |           |         |            |               |             |              
|**June 30, 2002**                | 0         | 0       | 0          | 0             | (165)       | (165)        
|                                 |           |         |            |               |             |              
|**Balance, June 30, 2002**       | 22,584,00 | $22,584 | $33,416    | $(500)        | $(132,020)  | $(76,520)    

****See notes to financial statements.****

**SAFE ID CORPORATION**

**(A Development Stage Company)**

**Statements of Cash Flows**

**(Unaudited)**

**(U.S. Dollars)**

| |  |  | **************Period From**
| |  |  | ---------------------------
| |  |  | **June 27,1996**           

| |                               | **(Inception)**
| | ----------------------------- | ---------------
| | **Six Months Ended June 30,** | **to**         

|                                              | **2002** | **2001**  | **June 30, 2002**
|--------------------------------------------- | -------- | --------- | -----------------
|                                              |          |           |                  
|**Operating Activities**                      |          |           |                  
|Net loss                                      | $(165)   | $(11,895) | $(132,020)       
|Adjustment to reconcile net loss              |          |           |                  
|to net cash used by operating                 |          |           |                  
|activities                                    |          |           |                  
|Issuance of common stock for                  |          |           |                  
|payment of services                           | 0        | 0         | 31,000           
|**Changes in Non-Cash Working Capital**       |          |           |                  
|Note receivable                               | (1,725)  | 0         | (22,606)         
|Accounts payable                              | (34,261) | (1,141)   | 5,693            
|                                              |          |           |                  
|**Net Cash Used in Operating Activities**     | (36,151) | (13,036)  | (117,933)        
|                                              |          |           |                  
|**Financing Activities**                      |          |           |                  
|Advances from stockholders                    | 38,045   | 18,644    | 103,534          
|Issuance of common stock                      | 0        | 0         | 25,000           
|                                              |          |           |                  
|**Net Cash Provided by Financing Activities** | 38,045   | 18,644    | 128,534          
|                                              |          |           |                  
|**Effect of Foreign Currency**                |          |           |                  
|**Translation on Cash**                       | 241      | 0         | (500)            
|                                              |          |           |                  
|**Cash Inflow**                               | 2,135    | 5,608     | 10,101           
|**Cash, Beginning of Period**                 | 7,966    | 844       | 0                
|                                              |          |           |                  
|**Cash, End of Period**                       | $10,101  | $6,452    | $10,101          

See notes to financial statements.

**SAFE ID CORPORATION**

**(A Development Stage Company)**

**Notes to Financial Statements**

**(Unaudited)**

**(U.S. Dollars)**

**BASIS OF PRESENTATION**

These unaudited financial statements have been prepared in accordance with generally accepted
accounting principles in the United States for interim financial information.  These financial
statements are condensed and do not include all disclosures required for annual financial statements.
The organization and business of the Company, accounting policies followed by the Company and
other information are contained in the notes to the Company's audited financial statements filed as
part of the Company's December 31, 2001 Form 10-KSB.

In the opinion of the Company's management, these financial statements reflect all adjustments
necessary to present fairly the Company's financial position at June 30, 2002 and December 31, 2001
and the  results of operations for the three months and six months ended June 30, 2002 and 2001 and
cash flows for the six months ended June 30, 2002 and 2001.  The results of operations for the three
months and six months ended June 30, 2002 are not necessarily indicative of the results to be
expected for the entire fiscal year.

**2.	SUBSEQUENT EVENT**

The Company signed an agreement dated July 8, 2002 with White Energy Corp. providing for the
Company to acquire approximately 90,000 acres of oil and gas leases in the Northern Powder River
Basin of Montana for the purchase price of one million two hundred eighty-six thousand one
hundred sixty-one dollars ($1,286,161) U.S., plus 100,000 shares of the Company's free trading
stock.  In accordance with the terms of the agreement, an initial non-refundable deposit of $40,000
U.S. has been paid by the Company following the execution of the agreement.  An "Exercise
Payment" of eighty-eight thousand six hundred sixteen dollars ($88,616.00) U.S. will be paid
following the Company's due diligence procedures.





ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

The following discussion contains certain statements that may constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Any
statements that refer to expectations, projections or other characterization of future events or
circumstances, and especially those which include variations of the words "believes," "intends,"
"estimates," "anticipates," "expects," "plans," or similar words or variations thereof, are likely to be
forward-looking statements, and as such, are likely to concern matters involving risk, uncertainty,
unpredictability and other factors that could materially and adversely affect the outcome or results
indicated by or inferred from the statements themselves. Therefore, the reader is advised that the
following discussion should be considered in light of the discussion of risks and other factors
contained in this Form 10QSB and in the Company's other filings with the Securities and Exchange
Commission, and that no statements contained in the following discussion or in this Form 10QSB
should be construed as a guarantee or assurance of future performance or future results.



Plan of Operations

As of June 30, 2002, the Company remains in the development stage.  It has minimal capital
resources presently available to meet its obligations or to continue its efforts to develop its business.
As a result, there is substantial doubt about the Company's ability to continue as a going concern.

Over the past 12 months, the Company focused on developing business related to reselling of a
product line of miniaturized micro-chips suitable for insertion into inanimate objects or under the
skin of animals.  The chips are inserted into inanimate objects or under the skin of animals for
purposes of positive identification.  To develop this business, the Company estimated that it would
require approximately $250,000 in the next twelve months to meet overhead (rent, salaries and
operational expenses) and to pay expenses connected with marketing (cost of goods sold and
purchase of inventory).  This includes approximately $50,000 to launch dynamic link relationships
with major markets and to produce and circulate brochures and initial advertising announcements,
and approximately $200,000 in working capital to cover general overhead and to provide liquidity
during the 12-months following launch of its product.

The Company has not been able to raise the funds required for micro-chip sales.  There is no
assurance, given the uncertain nature of the capital markets, that it will be able to obtain the
necessary funds.  As a result, the Company has changed its focus and has been looking at other
business opportunities and is concentrating on the oil & gas sector.

On July 11, 2002, subsequent to the end of the quarter, Safe ID Corporation signed an agreement
with White Energy Corp. of Billings Montana, U.S.A., to acquire oil and gas lease holdings in the
Northern Powder River Basin of Montana.

Under the terms of the agreement, Safe ID Corporation advanced $40,000US on July 25, 2002 and
a further $88,616US is required to be paid on  August 16, 2002.    In the event the Company is able
to make this payment, it will then contractually own the Interest now held by White Energy (82%
NRI).  The total purchase price is $1,286,161US plus 100,000 shares.  After the initial payments
have been made, the payment schedule for subsequent payments begins September 15, 2002 , with
the final payment due March 1, 2003.  The payments are non-refundable.

Funding must be obtained before the Company can move forward with the project.  The Northern
Powder River Basin is one of the most prolific hydrocarbon basins in the U.S. - Rocky Mountain
Region.  Recently, several large U.S. and Canadian independent energy companies have acquired
lease positions in the greater area, targeting shallow gas and deeper oil formations.  The White
leasehold consists of more than 90,000 acres within a 300-square mile area.

Management believes that the property has a great deal of potential.  However, to go forward
substantial funding must be raised.  The first $40,000US payment, which was made to White Energy,
was a loan from a shareholder.  As of the date of this report, the Company does not have the
necessary funds to make the second payment, but it is continuing withits efforts to raise such funds.

The uncertain nature of the market may make it difficult to raise the require capital of $1,286,161US
for property payments and to raise additional capital for a work program.  There is no assurance that
the Company will be able to raise the necessary capital for this project.

At this time, the Company is completing its due diligence on the property, developing a budget and
attempting to raise capital.

In addition to continuing its efforts to develop a business or acquire a business opportunity, the
Company's plan of operations during the next twelve months also includes continuing to comply
with its periodical reporting requirements under the Securities Exchange Act of 1934.  The Company
estimates that it will require a minimum of approximately $5,000 in additional capital during the
next twelve months for this purpose.  Although the Company has no agreement in place with its
shareholders or other persons to provide capital or to pay expenses on its behalf, it is currently
anticipated that the Company will rely on loans or additional capital contributions from shareholders
to obtain the necessary funds for payment of expenses related to compliance with its reporting
obligations.

No revenues were received by the Company during the current period.  The Company does not
expect to generate any revenue until after it has completed significant further development of its
proposed micro-chip business, or until it has completed the acquisition of the Powder River Property
or another business opportunity.  As a result, the Company expects that it will incur losses each
quarter at least until it has completed a business combination.  Depending upon the performance of
any acquired business, the Company may continue to operate at a loss even following completion
of a business combination.

PART II - OTHER INFORMATION

ITEM 1.	LEGAL PROCEEDINGS

None.

ITEM 2.	CHANGES IN SECURITIES AND USE OF PROCEEDS

None.

ITEM 3.	DEFAULTS UPON SENIOR SECURITIES

None.

ITEM 4.	SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.

ITEM 6.	EXHIBITS AND REPORTS ON FORM 8-K.

- Exhibits 99.1 and 99.2**,** CEO AND CFO CERTIFICATION PURSUANT TO 18 U.S.C.
SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002****are filed herewith.

(b) 	No reports on Form 8-K were filed by the Company for the quarter ended June 30, 2002.

**SIGNATURES**

In accordance with the requirements of the Exchange Act, the registrant caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.

**Safe ID Corporation**

By: /S/ MAURIZIO FORIGO

Maurizio Forigo, President and Director

By: /S/ LANCE MORGINN

Lance Morginn, Secretary and Director

Date: August 16, 2002



Exhibit 99.1
SAFE ID CORPORATION
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Safe ID Corporation (the "Company") on Form 10-QSB
for the period ending June 30, 2002, as filed with the Securities and Exchange Commission on the
date hereof (the "Report"), I, Maurizio Forigo, President of the Company, certify, pursuant to 18
U.S.C. ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities
Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial
condition and results of operations of the Company.

By:/S/ MAURIZIO FORIGO

Maurizio Forigo, President  
Date: August 14, 2002



Exhibit 99.2
SAFE ID CORPORATION
CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the Quarterly Report of Safe ID Corporation (the "Company") on Form 10-QSB
for the period ending June 30, 2002, as filed with the Securities and Exchange Commission on the
date hereof (the "Report"), I, Lance Morginn, Secretary and Director, certify, pursuant to 18 U.S.C.
ss. 1350, as adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:
(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities
Exchange Act of 1934; and
(2) The information contained in the Report fairly presents, in all material respects, the financial
condition and results of operations of the Company.

By: /S/ LANCE MORGINN

Lance Morginn, Secretary and Director 
Date: August 14, 2002