----

**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

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**FORM      10-Q**

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| o                                                                                            | **QUARTERLY                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT                OF 1934**  |
|----------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|
| For                the quarterly period ended: **June                30, 2008**              |
| or                                                                                           |
|                                                                                         |                                                                                                                            |
| o                                                                                            | **TRANSITION                REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT                OF 1934** |
| For                the transition period from: _____________ to                _____________ |

| Large                accelerated filer      | o  |   | Accelerated                filer         |  o |
|---------------------------------------------|---------|--------|------------------------------------------|---------|
|                  Non-accelerated filer | o  |   | Smaller                reporting company |  x |

----

**EGPI      FIRECREEK, INC**

**f/k/a      Energy Producers, Inc.**

**10-QSB**

**June      30, 2008**

**TABLE      OF CONTENTS**

|                     |                                                                      | **PAGE** |
|--------------------------|---------------------------------------------------------------------------|----------|
| PART                1:   | FINANCIAL                INFORMATION                                      |     |
|                     |                                                                      |     |
| Item                1.   | Financial                Statements - Unaudited                           |     |
|                     |                                                                      |     |
|                     | Consolidated                Balance Sheets                                | 3        |
|                     |                                                                      |     |
|                     | Consolidated                Statement of Operations                       | 4        |
|                     |                                                                      |     |
|                     | Consolidated                Statement of Cash Flows                       | 5        |
|                     |                                                                      |     |
|                     | Consolidated                Statement of Changes in Shareholders' Equity  | 6        |
|                     |                                                                      |     |
|                     | Notes                to the Unaudited Consolidated Financial Statements   | 7        |
|                     |                                                                      |     |
| Item                2.   | Management's                Discussion and Analysis or Plan of Operation  | 17       |
|                     |                                                                      |     |
| Item                3.   | Quantitative                and Qualitative Disclosures About Market Risk | 20       |
|                     |                                                                      |     |
| Item                4(T) | Controls                and Procedures                                    | 21       |
|                     |                                                                      |     |
| PART                II:  | OTHER                INFORMATION                                          |     |
|                     |                                                                      |     |
| Item                1.   | Legal                Proceedings                                          | 22       |
|                     |                                                                      |     |
| Item                2.   | Unregisterd                Sales of Equity Securities and Use of Proceeds | 23       |
|                     |                                                                      |     |
| Item                3.   | Defaults                upon Senior Securities                            | 24       |
|                     |                                                                      |     |
| Item                4.   | Submission                of Matters to a Vote of Security Holders        | 24       |
|                     |                                                                      |     |
| Item                5.   | Other                Information                                          | 24       |
|                     |                                                                      |     |
| Item                6.   | Exhibits                                                                  | 24       |
|                     |                                                                      |     |
|                     | Certifications                                                            |     |
|                     |                                                                      |     |
|                     | Signature                                                                 | 25       |

----

**PART      I FINANCIAL INFORMATION**

**ITEM      1 – FINANCIAL STATEMENTS**

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**CONSOLIDATED      BALANCE SHEETS**

**AS      OF JUNE 30, 2008 AND DECEMBER 31, 2007**

|                                                                                                                                                                                                                                         |   | **30-Jun-08** |        | **31-Dec-07** |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|-------------|---------------|--------|
|                                                                                                                                                                                                                                         |   |          |        |          |   |
| **ASSETS**                                                                                                                                                                                                                                   |   |          |        |          |   |   |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Current                assets:                                                                                                                                                                                                               |   |          |        |          |   |   |   |
| Cash                                                                                                                                                                                                                                         |   | $             | 137,107     |          | $      | 2,009,734 |   |
| Accounts                receivable                                                                                                                                                                                                           |   |          | 225,721     |          |   | 76,348 |   |
| Deferred                charges                                                                                                                                                                                                              |   |          | 17,843      |          |   | 13,739 |   |
| Total                current assets                                                                                                                                                                                                          |   | $             | 380,671     |          | $      | 2,099,821 |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Other                assets:                                                                                                                                                                                                                 |   |          |        |          |   |   |   |
| Investment                in Star Energy, fair market value                                                                                                                                                                                  |   |          | 70,000      |          |   | 382,200 |   |
| Deferred                charges                                                                                                                                                                                                              |   |          | 76,454      |          |   | 116,934 |   |
| Fixed                assets- net                                                                                                                                                                                                             |   |          | 3,496,421   |          |   | 2,234,930 |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Total                assets                                                                                                                                                                                                                  |   | $             | 4,023,546   |          | $      | 4,833,885 |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| **LIABILITIES                AND SHAREHOLDERS' DEFICIT**                                                                                                                                                                                     |   |          |        |          |   |   |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Current                liabilities:                                                                                                                                                                                                          |   |          |        |          |   |   |   |
| Accounts                payable & accrued expenses                                                                                                                                                                                       |   | $             | 731,841     |          | $      | 866,110 |   |
| Notes                payable- net of discount                                                                                                                                                                                                |   |          | 4,932,223   |          |   | 4,753,349 |   |
| Total                current liabilities                                                                                                                                                                                                     |   | $             | 5,664,064   |          | $      | 5,619,459 |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Advances                payable to shareholders                                                                                                                                                                                              |   |          | 314,298     |          |   | 218,926 |   |
| Convertible                debentures- net of discount                                                                                                                                                                                       |   |          | 1,065,066   |          |   | 632,563 |   |
| Derivative                liability                                                                                                                                                                                                          |   |          | 2,806,206   |          |   | 2,146,974 |   |
| Total                liabilities                                                                                                                                                                                                             |   | $             | 9,849,634   |          | $      | 8,617,922 |   |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Shareholders'                deficit:                                                                                                                                                                                                        |   |          |        |          |   |   |   |
| Series                A preferred stock, 20 million authorized, par value $0.001,one share                convertible to one common share, no stated dividend, none                outstanding                                               |   | $             | 0           |          | $      | 0 |   |
| Series                B preferred stock, 20 million authorized, par value $0.001,one share                convertible to one common share, no stated dividend, none                outstanding                                               |   |          | 0           |          |   | 0 |   |
| Series                C preferred stock, 20 million authorized, stated value $.001,one                share                convertible to ten common shares, no stated dividend. 20 million                shares                outstanding |   |          | 200,000     |          |   | 200,000 |   |
| Common                stock- $.001 par value, authorized 1,320,000,000 shares, issued and                outstanding, 1,184,257,619 at December 31, 2007 and at June 30,                2008                                                 |   | $             | 1,184,257   |          | $      | 1,184,257 |   |
| Additional                paid in capital                                                                                                                                                                                                    |   |          | 20,970,812  |          |   | 20,970,812 |   |
| Other                comprehensive loss                                                                                                                                                                                                      |   |          | (497,000    | )             |   | (184,800 | ) |
| Accumulated                deficit                                                                                                                                                                                                           |   |          | (27,684,157 | )             |   | (25,954,306 | ) |
| Total                shareholders' deficit                                                                                                                                                                                                   |   |          | (5,826,088  | )             |   | (3,784,037 | ) |
|                                                                                                                                                                                                                                         |   |          |        |          |   |   |   |
| Total                Liabilities & Shareholders' Deficit                                                                                                                                                                                 |   | $             | 4,023,546   |          | $      | 4,833,885 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**UNAUDITED      CONSOLIDATED STATEMENTS OF OPERATIONS**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

|                                                                |   | **Six Months** |          | **Six Months**        |    | **Three Months** |   | **Three Months**      |          |
|---------------------------------------------------------------------|--------|---------------------|---------------|----------------------------|---------|-----------------------|--------|----------------------------|---------------|
|                                                                |   | **Unaudited**       |          | **Unaudited**              |    | **Unaudited**         |   | **Unaudited**              |          |
|                                                                |   | **30-Jun-08**       |          | **30-Jun-07**              |    | **30-Jun-08**         |   | **30-Jun-07**              |          |
|                                                                |   |                |          | As                restated |    |                  |   | As                restated |          |
| Gross                Revenues from sales                            |   | $                   | 820,634       |                       | $       | 80,216                |   | $                          | 600,664       |   | $ | 46,333 |   |
| Cost                of sales                                        |   |                | (522,819      | )                          |    | (86,018               | )      |                       | (359,334      | ) |   | (56,113 | ) |
| Net                Revenues from sales                              |   | $                   | 297,815       |                       | $  | (5,802                | )      | $                          | 241,330       |   | $  | (9,780 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| General                and administrative expenses:                 |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| General                administration                               |   | $                   | 645,788       |                       | $       | 658,646               |   | $                          | 153,412       |   | $ | 360,273 |   |
| Total                general & administrative expenses          |   |                | 645,788       |                       |    | 658,646               |   |                       | 153,412       |   |   | 360,273 |   |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Net                gain (loss) from operations                      |   | $              | (347,973      | )                          | $  | (664,448              | )      | $                          | 87,918        |   | $  | (370,053 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Other                revenues and expenses:                         |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Gain                (loss) on derivative liability                  |   |                | (693,530      | )                          |    | 36,261                |   |                       | (514,461      | ) |   | 21,646 |   |
| Interest                income                                      |   |                | 3,687         |                       |    | 0                     |   |                       | 426           |   |   | 0 |   |
| Interest                expense                                     |   |                | (692,035      | )                          |    | (790,503              | )      |                       | (231,539      | ) |   | (602,847 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Net                loss before provision for income taxes           |   | $                   | (1,729,851    | )                          | $       | (1,418,690            | )      | $                          | (657,656      | ) | $ | (951,254 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Provision                for income taxes                           |   |                | 0             |                       |    | 0                     |   |                       | 0             |   |   | 0 |   |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Net                loss                                             |   | $                   | (1,729,851    | )                          | $       | (1,418,690            | )      | $                          | (657,656      | ) | $ | (951,254 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Basic                & fully diluted net loss per common share: |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Loss                per share                                       |   | $                   | (0.00         | )                          | $       | (0.00                 | )      | $                          | (0.00         | ) | $ | (0.00 | ) |
|                                                                |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Weighted                average of common shares outstanding:       |   |                |          |                       |    |                  |   |                       |          |   |   |   |   |
| Basic                & fully diluted                            |   |                | 1,184,257,619 |                       |    | 403,154,759           |   |                       | 1,184,257,619 |   |   | 410,082,378 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**UNAUDITED      CONSOLIDATED STATEMENTS OF CASH FLOWS**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

|                                                                                  |   | **30-Jun-08**                 |       | **30-Jun-07**                  |   |
|---------------------------------------------------------------------------------------|--------|-------------------------------|------------|--------------------------------|--------|
|                                                                                  |   | **Un                Audited** |       | **As                restated** |   |
| Operating                Activities:                                                  |   |                          |       |                           |   |   |   |
| Net                loss                                                               |   | $                             | (1,729,851 | )                              | $      | (1,418,690 | ) |
| Adjustments                to reconcile net loss items not requiring the use of cash: |   |                          |       |                           |   |   |   |
| Depreciation                & depletion expense                                   |   |                          | 73,305     |                           |   | 73,602 |   |
| Interest                expense                                                       |   |                          | 564,234    |                           |   | 669,842 |   |
| Amortization                of deferred charges                                       |   |                          | 36,376     |                           |   | 230,067 |   |
| Gain                on derivative liability                                           |   |                          | 693,530    |                           |   | (36,261 | ) |
| Changes                in other operating assets and liabilities :                    |   |                          |       |                           |   |   |   |
| Accounts                receivable                                                    |   |                          | (149,373   | )                              |   | (7,152 | ) |
| Accounts                payable and accrued expenses                                  |   |                          | 39,152     |                           |   | (57,031 | ) |
| Net                cash used by operations                                            |   | $                             | (472,627   | )                              | $      | (545,623 | ) |
|                                                                                  |   |                          |       |                           |   |   |   |
| Investing                activities:                                                  |   |                          |       |                           |   |   |   |
| Purchase                of lease & equipment                                      |   | $                             | (1,400,000 | )                              | $      | 0 |   |
| Net                cash used for investing activities                                 |   |                          | (1,400,000 | )                              |   | 0 |   |
|                                                                                  |   |                          |       |                           |   |   |   |
| Financing                Activities:                                                  |   |                          |       |                           |   |   |   |
| Credit                equity line                                                     |   | $                             | 0          |                           | $      | 435,000 |   |
| Convertible                debentures                                                 |   |                          | 0          |                           |   | 1,900,000 |   |
| Shareholder                advances received (paid)                                   |   |                          | 0          |                           |   | 49,086 |   |
| Net                cash provided by financing activities                              |   |                          | 0          |                           |   | 2,384,086 |   |
|                                                                                  |   |                          |       |                           |   |   |   |
| Net                increase (decrease) in cash during the period                      |   | $                             | (1,872,627 | )                              | $      | 1,838,463 |   |
|                                                                                  |   |                          |       |                           |   |   |   |
| Cash                balance at December 31st                                          |   |                          | 2,009,734  |                           |   | 14,955 |   |
|                                                                                  |   |                          |       |                           |   |   |   |
| Cash                balance at June 30th                                              |   | $                             | 137,107    |                           | $      | 1,853,418 |   |
|                                                                                  |   |                          |       |                           |   |   |   |
| Supplemental                disclosures of cash flow information:                     |   |                          |       |                           |   |   |   |
| Interest                paid during the period                                        |   | $                             | 0          |                           | $      | 0 |   |
| Income                taxes paid during the period                                    |   | $                             | 0          |                           | $      | 0 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**UNAUDITED      CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS’ DEFICIT**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**AS      RESTATED**

|                                            |   |          |       |          |   |       |   |      |          |                       |   |            |   | **Other**         |       |      |   |
|-------------------------------------------------|--------|---------------|------------|---------------|--------|------------|--------|-----------|---------------|----------------------------|--------|-----------------|--------|-------------------|------------|-----------|--------|
|                                            |   | **Preferred** |       | **Preferred** |   | **Common** |   | **Par**   |          | **Paid                in** |   | **Accumulated** |   | **Comprehensive** |       |      |   |
|                                            |   | **Shares**    |       | **Value**     |   | **Shares** |   | **Value** |          | **Capital**                |   | **Deficit**     |   | **Loss**          |       | **Total** |   |
|                                            |   |          |       |          |   |       |   |      |          |                       |   |            |   |              |       |      |   |
| Balance                at December 31, 2007     |   |          | 20,000,000 |          | $      | 200,000    |   |      | 1,184,257,619 |                       | $      | 1,184,257       |   | $                 | 20,970,812 |      | $      | (25,954,306 | ) | $ | (184,800 | ) | $ | (3,784,037 | ) |
|                                            |   |          |       |          |   |       |   |      |          |                       |   |            |   |              |       |      |   |   |   |   |   |   |   |   |   |
| Loss                on investment (Star Energy) |   |          |       |          |   |       |   |      |          |                       |   |            |   |              |       |      |   |   |   |   | (312,200 | ) |   | (312,200 | ) |
|                                            |   |          |       |          |   |       |   |      |          |                       |   |            |   |              |       |      |   |   |   |   |   |   |   |   |   |
| Net                loss for the period          |   |          |       |          |   |       |   |      |     |                       |   |            |   |              |       |      |   | (1,729,851 | ) |   |   |   |   | (1,729,851 | ) |
|                                            |   |          |       |          |   |       |   |      |          |                       |   |            |   |              |       |      |   |   |   |   |   |   |   |   |   |
| Balance                at June 30, 2008         |   |          | 20,000,000 |          | $      | 200,000    |   |      | 1,184,257,619 |                       | $      | 1,184,257       |   | $                 | 20,970,812 |      | $      | (27,684,157 | ) | $ | (497,000 | ) | $ | (5,826,088 | ) |

|                                            |   | **Common** |        | **Par**   |   | **Paid                in** |   | **Accumulated** |       |      |   |
|-------------------------------------------------|--------|------------|-------------|-----------|--------|----------------------------|--------|-----------------|------------|-----------|--------|
|                                            |   | **Shares** |        | **Value** |   | **Capital**                |   | **Deficit**     |       | **Total** |   |
|                                            |   |       |        |      |   |                       |   |            |       |      |   |
| Balance                at December 31, 2006     |   |       | 395,367,446 |      | $      | 395,367                    |   | $               | 18,887,168 |      | $      | (24,480,256 | ) | $ | (5,197,721 | ) |
|                                            |   |       |        |      |   |                       |   |            |       |      |   |   |   |   |   |   |
| Issued                shares to pay equity line |   |       | 21,986,358  |      |   | 21,986                     |   |            | 113,597    |      |   |   |   |   | 135,583 |   |
|                                            |   |       |        |      |   |                       |   |            |       |      |   |   |   |   |   |   |
| Net                loss for the period          |   |       |        |      |   |                       |   |            |       |      |   | (1,418,690 | ) |   | (1,418,690 | ) |
|                                            |   |       |        |      |   |                       |   |            |       |      |   |   |   |   |   |   |
| Balance                at June 30, 2007         |   |       | 417,353,804 |      | $      | 417,353                    |   | $               | 19,000,765 |      | $      | (25,898,946 | ) | $ | (6,480,828 | ) |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**1.      ORGANIZATION OF THE COMPANY AND SIGNIFICANT ACCOUNTING      PRINCIPLES**

*Consolidation-      *

*Use      of Estimates*

*Revenue      and Cost Recognition- *
*.      *

*Properties      and Equipment-*

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**1.      ORGANIZATION OF THE COMPANY AND SIGNIFICANT ACCOUNTING PRINCIPLES      (CONTINUED)**

*Cash-*

*Deferred      costs- *

*Long      Lived Assets*

*Income      taxes- *
*Accounting      for Income Taxes*

**2.      GOING CONCERN **

| · | Raise                interim and long term finance in addition to its present equity line                to                assist expansion-development and acquisition programs for oil and                gas,                corporate operations, and for the purpose of building on the current                revenue base. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| · | Obtain                asset based project finance or develop joint ventures to fund work                programs for oil and gas projects domestically and                overseas.                                                                                                                                               |

| · | Pursue                formation of strategic alliances with more firmly established peer                groups                to assist acquisition activities. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|
| · | Initiate                search for experienced oil and gas personnel to add to our                staff.                                                        |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**3.      Net Loss per Share**

*Earnings      per Share *
*.*

|                                    |   | **6 Months** |          | **6 Months** |   | **3 Months** |   | **3 Months** |          |
|-----------------------------------------|--------|-------------------|---------------|-------------------|--------|-------------------|--------|-------------------|---------------|
|                                    |   | **30-Jun-08**     |          | **30-Jun-07**     |   | **30-Jun-08**     |   | **30-Jun-07**     |          |
|                                    |   |              |          |              |   |              |   |              |          |
| Net                loss                 |   | $                 | (1,729,851    | )                 | $      | (1,418,690        | )      | $                 | (657,656      | ) | $ | (951,254 | ) |
|                                    |   |              |          |              |   |              |   |              |          |   |   |   |   |
| Total                shares outstanding |   |              | 1,184,257,619 |              |   | 417,353,804       |   |              | 1,184,257,619 |   |   | 417,353,804 |   |
|                                    |   |              |          |              |   |              |   |              |          |   |   |   |   |
| Weighted                average         |   |              | 1,184,257,619 |              |   | 403,154,759       |   |              | 1,184,257,619 |   |   | 410,082,378 |   |
|                                    |   |              |          |              |   |              |   |              |          |   |   |   |   |
| Loss                per share           |   | $                 | (0.00         | )                 | $      | (0.00             | )      | $                 | (0.00         | ) | $ | (0.00 | ) |

**4.      COMMON STOCK TRANSACTIONS**

**5.      PREFERRED STOCK SERIES**

*Series      A preferred stock*

*Series      B preferred stock*

*Series      C preferred stock*

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**6.      Common Stock Warrants**

|                                            |   |   |       | Weighted Average |   | Weighted Average       |   |
|-------------------------------------------------|--------|--------|------------|-----------------------|--------|-----------------------------|--------|
|                                            |   | Amount |       | Exercise Price   |   | Years to Maturity |   |
|                                            |   |   |       |                  |   |                        |   |
| Outstanding                at December 31, 2006 |   |   | 41,562,000 |                  | $      | 0.40                        |   |   | 2.72 |   |
|                                            |   |   |       |                  |   |                        |   |   |   |   |
| Issued                                          |   |   | 0          |                  |   |                        |   |   |   |   |
| Exercised                                       |   |   | 0          |                  |   |                        |   |   |   |   |
| Expired                                         |   |   | (5,800,000 | )                     |   |                        |   |   |   |   |
|                                            |   |   |       |                  |   |                        |   |   |   |   |
| Outstanding                at December 31, 2007 |   |   | 35,762,000 |                  | $      | 0.36                        |   |   | 1.61 |   |
|                                            |   |   |       |                  |   |                        |   |   |   |   |
| Issued                                          |   |   | 0          |                  |   |                        |   |   |   |   |
| Exercised                                       |   |   | 0          |                  |   |                        |   |   |   |   |
| Expired                                         |   |   | 0          |                  |   |                        |   |   |   |   |
|                                            |   |   |       |                  |   |                        |   |   |   |   |
| Outstanding                at June 30, 2008     |   |   | 35,762,000 |                  | $      | 0.36                        |   |   | 1.11 |   |

**7.      Fixed Assets- Net**

|                                                    |   | **30-Jun-08** |      | **31-Dec-07** |   |
|---------------------------------------------------------|--------|---------------|-----------|---------------|--------|
|                                                    |   |          |      |          |   |
| Well                leases                              |   | $             | 2,313,325 |          | $      | 1,068,650 |   |
| Well                equipment                           |   |          | 1,472,035 |          |   | 1,316,710 |   |
| Accumulated                depreciation & depletion |   |          | (288,939  | )             |   | (150,430 | ) |
|                                                    |   |          |      |          |   |   |   |
| Fixed                assets- net                        |   | $             | 3,496,421 |          | $      | 2,234,930 |   |

**8.      Promissory Notes**

| Matured                in September 2006, effective interest of 18.55% |   | $      | 1,041,626 |   |
|------------------------------------------------------------------------|--------|--------|-----------|--------|
| Matured                in November 2006, effective interest of 22.12%  |   |   | 1,488,215 |   |
| Matured                in December 2006, effective interest of 22.12%  |   |   | 129,885   |   |
| Matured                in April 2007, effective interest of 22.12%     |   |   | 581,603   |   |
| Matured                in December 2007, effective interest of 17.34%  |   |   | 1,042,651 |   |
| Matured                in March 2008, effective interest of 25.68%     |   |   | 648,244   |   |
|                                                                   |   |   |      |   |
| Total                for promissory notes payable                      |   | $      | 4,932,223 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**9.      Income Tax Provision**

|                                                                                                                                                                                                                              |   | **30-Jun-08** |       | **30-Jun-07** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|------------|---------------|--------|
|                                                                                                                                                                                                                              |   |          |       |          |   |
| Provision                for income taxes is comprised of the following:                                                                                                                                                          |   |          |       |          |   |   |   |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Net                loss before provision for income taxes                                                                                                                                                                         |   | $             | (1,729,851 | )             | $      | (1,240,164 | ) |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Current                tax expense:                                                                                                                                                                                               |   |          |       |          |   |   |   |
| Federal                                                                                                                                                                                                                           |   | $             | 0          |          | $      | 0 |   |
| State                                                                                                                                                                                                                             |   |          | 0          |          |   | 0 |   |
| Total                                                                                                                                                                                                                             |   | $             | 0          |          | $      | 0 |   |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Less                deferred tax benefit:                                                                                                                                                                                         |   |          |       |          |   |   |   |
| Timing                differences                                                                                                                                                                                                 |   |          | (1,289,034 | )             |   | (1,185,311 | ) |
| Allowance                for recoverability                                                                                                                                                                                       |   |          | 1,289,034  |          |   | 1,185,311 |   |
| Provision                for income taxes                                                                                                                                                                                         |   | $             | 0          |          | $      | 0 |   |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| A                    reconciliation of provision for income taxes at the statutory                    rate to provision for income taxes at the Company's effective                    tax rate is                    as follows: |   |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Statutory                U.S. federal rate                                                                                                                                                                                        |   |          | 34         | %             |   | 34 | % |
| Statutory                state and local income tax                                                                                                                                                                               |   |          | 10         | %             |   | 10 | % |
| Less                allowance for tax recoverability                                                                                                                                                                              |   |          | -44        | %             |   | -44 | % |
| Effective                rate                                                                                                                                                                                                     |   |          | 0          | %             |   | 0 | % |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Deferred                income taxes are comprised of the following:                                                                                                                                                              |   |          |       |          |   |   |   |
|                                                                                                                                                                                                                              |   |          |       |          |   |   |   |
| Timing                differences                                                                                                                                                                                                 |   | $             | 1,289,034  |          | $      | 1,185,311 |   |
| Allowance                for recoverability                                                                                                                                                                                       |   |          | (1,289,034 | )             |   | (1,185,311 | ) |
| Deferred                tax benefit                                                                                                                                                                                               |   | $             | 0          |          | $      | 0 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**10.      RESTATEMENT**

*Equity      Line Notes Payable:*

*Convertible      Debenture:*

*Derivative      Liability:*

|                                   |   | **June                30,****2007** |   |
|----------------------------------------|--------|-------------------------------------|--------|
|                                   |   |                                |   |
| Dividend                yield          |   |                                | 0      |   |
| Risk-free                interest rate |   |                                | 4.0    | % |
| Straight                bond yield     |   |                                | 5.0    | % |
| Expected                volatility     |   |                                | 20     |   |
| Market                price            |   | $                                   | 0.053  |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**10.      RESTATEMENT (CONTINUED)**

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**EGPI      Firecreek, Inc. **

**Consolidated      Balance Sheet**

|                                                                                                                                                                                                                           |   | **Unaudited** **As****Restated** |          | **Unaudited** **Adjustment** |   |                        **As                    Filed** |    |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------|---------------|-----------------------------------|--------|------------------------------------------------------------------|---------|
| **ASSETS**                                                                                                                                                                                                                     |   |                                  | **30-Jun-07** |                              |   | **30-Jun-07**                                                    |    |   | **30-Jun-07** |   |
| Current                    assets:                                                                                                                                                                                             |   |                                  |               |                              |   |                                                                  |    |   |  |   |
| Cash                                                                                                                                                                                                                           |   | $                                     | 1,853,418     |                              | $      | —                                                          |    | $ | 1,853,418 |   |
| Accounts                    receivable                                                                                                                                                                                         |   |                                  | 7,152         |                              |   | 7,152                                                            |    |   |  |   |
| Deferred                    charges                                                                                                                                                                                            |   |                                  | 229,866       |                              |   | —                                                          |    |   | 229,866 |   |
| Total                    current assets                                                                                                                                                                                        |   |                                  | 2,090,436     |                              |   | —                                                          |    |   | 2,090,436 |   |
| Other                    assets:                                                                                                                                                                                               |   |                                  | —       |                              |   |                                                                  |    |   |  |   |
| Deferred                    Charges                                                                                                                                                                                            |   |                                  | 99,257        |                              |   | —                                                          |    |   | 99,257 |   |
| Fixed                    assets, net                                                                                                                                                                                           |   |                                  | 795,267       |                              |   | —                                                          |    |   | 795,267 |   |
| Total                    assets                                                                                                                                                                                                |   | $                                     | 2,984,960     |                              | $      | —                                                          |    | $ | 2,984,960 |   |
|                                                                                                                                                                                                                           |   |                                  |               |                              |   |                                                                  |    |   |  |   |
| **LIABILITIES                    AND SHAREHOLDERS' DEFICIT**                                                                                                                                                                   |   |                                  |               |                              |   |                                                                  |    |   |  |   |
|                                                                                                                                                                                                                           |   |                                  |               |                              |   |                                                                  |    |   |  |   |
| Current                    liabilities:                                                                                                                                                                                        |   |                                  |               |                              |   |                                                                  |    |   |  |   |
| Accounts                    payable & accrued expenses                                                                                                                                                                     |   | $                                     | 782,342       |                              | $      | —                                                          |    | $ | 782,342 |   |
| Convertible                    debentures payable, net                                                                                                                                                                         |   |                                  | —       |                              |   | (171,875                                                         | )  |   | 171,875 |   |
| Equity                    line notes payable, net of debt discount $320,257                                                                                                                                                    |   |                                  | 4,925,940     |                              |   | 61,500                                                           |    |   | 4,864,440 |   |
| Total                    current liabilties                                                                                                                                                                                    |   |                                  | 5,708,282     |                              |   | (110,375                                                         | )  |   | 5,818,657 |   |
| Advances                    payable to shareholders                                                                                                                                                                            |   |                                  | 217,138       |                              |   | —                                                          |    |   | 217,138 |   |
| Convertible                    debenture, net of debt discount $1,607,771                                                                                                                                                      |   |                                  | 392,229       |                              |   | (1,609,413                                                       | )  |   | 2,001,642 |   |
| Derivative                    liability                                                                                                                                                                                        |   |                                  | 3,148,139     |                              |   | 3,148,139                                                        |    |   | — |   |
| Total                    liabilities                                                                                                                                                                                           |   |                                  | 9,465,788     |                              |   | 1,428,351                                                        |    |   | 8,037,437 |   |
| Shareholders'                    deficit:                                                                                                                                                                                      |   |                                  |               |                              |   |                                                                  |    |   |  |   |
| Series                    A preferred stock, 20 million authorized, par value $0.001, one                    share                    convertible to one common share, no stated dividend, none                    outstanding |   |                                  | —       |                              |   | —                                                          |    |   | — |   |
| Series                    B preferred stock, 20 million authorized, par value $0.001, one                    share                    convertible to one common share, no stated dividend, none                    outstanding |   |                                  | —       |                              |   | —                                                          |    |   | — |   |
| Series                    C preferred stock, 20 million authorized, par value $0.001, one                    share                    convertible to ten common share, no stated dividend                                      |   |                                  | —       |                              |   | —                                                          |    |   | — |   |
| Common                    stock, $0.001 par value, authorized 1,320,000,000 shares, issued                    and                    outstanding, 417,353,804 at June 30, 2007                                            |   |                                  | 417,353       |                              |   | —                                                          |    |   | 417,353 |   |
| Additional                    paid in capital                                                                                                                                                                                  |   |                                  | 19,000,765    |                              |   | (1,563,039                                                       | )  |   | 20,563,804 |   |
| Accumulated                    deficit                                                                                                                                                                                         |   |                                  | (25,898,946   | )                            |   | 134,688                                                          |    |   | (26,033,634 | )  |
| Total                    shareholders' deficit                                                                                                                                                                                 |   |                                  | (6,480,828    | )                            |   | (1,428,351                                                       | )  |   | (5,052,477 | )  |
| Total                    Liabilities & Shareholders' Deficit                                                                                                                                                               |   | $                                     | 2,984,960     |                              | $      | —                                                          |    | $ | 2,984,960 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**EGPI      Firecreek, Inc. **

**Consolidated      Statement of Operations**

|                                                                        |   | **Unaudited** **Six                  Months** **As                  Restated**   |        |                    **Adjustment**                    |   | **Unaudited** **Six                  Months** **As                  Filed** |   |
|----------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------|-------------|---------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------|--------|
|                                                                        |   | **30-Jun-07**                                                                              |        |                    **30-Jun-07**                     |   | **30-Jun-07**                                                                         |   |
|                                                    |   |                                                              |        |                             |   |                                                                        |   |
| Gross                  revenues from sales                                  |   | $                                                                                                    | 80,216      |                                                                | $      | —                                                                               |   | $ | 80,216 |   |
| Cost                  of sales                                              |   |                                                                                                 | (86,018     | )                                                                   |   | —                                                                               |   |   | (86,018 | ) |
| Net                  revenue from sales                                     |   |                                                                                                 | (5,802      | )                                                                   |   | —                                                                               |   |   | (5,802 | ) |
| General                  and administrative expenses:                       |   |                                                                                                 |             |                                                                |   |                                                                                       |   |   |  |   |
| General                  administration                                     |   |                                                                                                 | 658,646     |                                                                |   | (159,125                                                                              | )      |   | 817,771 |   |
| Total                  general & administrative expenses                |   |                                                                                                 | 658,646     |                                                                |   | (159,125                                                                              | )      |   | 817,771 |   |
| Net                  loss from operations                                   |   |                                                                                                 | (664,448    | )                                                                   |   | 159,125                                                                               |   |   | (823,573 | ) |
| Other                  revenue and expenses                                 |   |                                                                                                 |             |                                                                |   |                                                                                       |   |   |  |   |
| Interest                  Expense                                           |   |                                                                                                 | (790,503    | )                                                                   |   | (373,912                                                                              | )      |   | (416,591 | ) |
| Gain                  on derivative liability                               |   |                                                                                                 | 36,261      |                                                                |   | 36,261                                                                                |   |   | — |   |
| Net                  loss before provision for income taxes                 |   |                                                                                                 | (1,418,690  | )                                                                   |   | (178,526                                                                              | )      |   | (1,240,164 | ) |
| Provision                  for income taxes                                 |   |                                                                                                 | —     |                                                                |   | —                                                                               |   |   | — |   |
| Net                  loss before extraordinary item                         |   |                                                                                                 | (1,418,690  | )                                                                   |   | (178,526                                                                              | )      |   | (1,240,164 | ) |
| Extraordinary                  item - extinguishment of debt (net of tax)   |   |                                                                                                 | —     |                                                                |   | —                                                                               |   |   | — |   |
| Net                  loss from continuing operations                        |   |                                                                                                 | (1,418,690  | )                                                                   |   | (178,526                                                                              | )      |   | (1,240,164 | ) |
| Loss                  from discontinued operations (net of tax)             |   |                                                                                                 | —     |                                                                |   | —                                                                               |   |   | — |   |
| Net                  loss                                                   |   | $                                                                                                    | (1,418,690  | )                                                                   | $      | (178,526                                                                              | )      | $ | (1,240,164 | ) |
| Basic                  & fully diluted net loss per common share:       |   |                                                                                                 |             |                                                                |   |                                                                                       |   |   |  |   |
| Loss                  from continuing operations                            |   | $                                                                                                    | (0.00       | )                                                                   | $      | (0.00                                                                                 | )      | $ | — |   |
| Loss                  from discontinued operations                          |   |                                                                                                 | —     |                                                                |   | —                                                                               |   |   | — |   |
| Gain                  from extraordinary item                               |   |                                                                                                 | —     |                                                                |   | —                                                                               |   |   | — |   |
| Loss                  per share                                             |   | $                                                                                                    | (0.00       | )                                                                   | $      | (0.00                                                                                 | )      | $ | — |   |
| Weighted                  average common shares outstanding:                |   |                                                                                                 |             |                                                                |   |                                                                                       |   |   |  |   |
| Basic                  & Fully diluted                                  |   |                                                                                                 | 403,154,759 |                                                                |   | —                                                                               |   |   | 403,154,759 |   |

----

**EGPI      FIRECREEK, INC.**

**(FORMERLY      ENERGY PRODUCERS, INC.)**

**NOTES      TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS      (CONTINUED)**

**FOR      THE QUARTERS ENDED JUNE 30, 2008 AND JUNE 30, 2007**

**11.      COMMITMENTS AND CONTINGENCIES**

***Background***

***Settlement***

----

**ITEM      2 – MANAGEMENT’S DISCUSSION AND ANALYSIS OR PLAN OF      OPERATION**

**Overview**

**General**

----

----

**I.      Results of Operations **

**Six      months ended June 30, 2008 versus six months ended June 30,      2007.**

----

**Detail        of general & administrative expenses:**

|                                        |   | **30-Jun-08**   |    | **30-Jun-07** |   |
|--------------------------------------------------|--------|---------------------------|---------|---------------|--------|
| Advertising                  & promotion     |   | $                         | 3,784   |          | $      | 1,837 |   |
| Administration                                   |   |                      | 16,496  |          |   | 16,976 |   |
| Consulting                                       |   |                      | 47,695  |          |   | 96,590 |   |
| Depreciation                                     |   |                      | 0       |          |   | 46,843 |   |
| Investor                  incentives/commissions |   |                      | 36,376  |          |   | 90,067 |   |
| Professional                  fees               |   |                      | 214,023 |          |   | 313,631 |   |
| Rent                  & storage              |   |                      | 0       |          |   | 44,093 |   |
| Travel                  costs                    |   |                      | 2,414   |          |   | 0 |   |
| Well                  workover                   |   |                      | 325,000 |          |   | 48,609 |   |
|                                             |   |                      |    |          |   |   |   |
| Total                                            |   | $                         | 645,788 |          | $      | 658,646 |   |

**Three      months ended June 30, 2008 versus Three months ended June 30,      2007**

**Discussion      of Financial Condition:  Liquidity and Capital      Resources**

----

**ITEM      4(T) – CONTROLS AND PROCEDURES**

**There        have been no changes in our internal control over financial reporting that        occurred during the period covered by this report that have materially affected,        or are reasonably likely to materially affect, our internal control over        financial reporting.**

----

**PART      II.  OTHER INFORMATION**

**ITEM      1 – LEGAL PROCEEDINGS**

**Texas      Litigation**

***Hickman      Investments, Ltd.***

***Settlement***

**New      York Litigation**

***Star      Energy Corp. Transaction***

***Settlement***

----

**ITEM      2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF      PROCEEDS**

----

**ITEM      3 – DEFAULTS UPON SENIOR SECURITIES**

**ITEM      4 – SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS**

**ITEM      5 – OTHER INFORMATION**

**ITEM      6 – EXHIBITS**

| **Exhibit No.** |                           | **Description**                                                                                           |
|----------------------|--------------------------------|-----------------------------------------------------------------------------------------------------------|
|                 |                           |                                                                                                      |
| 31.1                 |       | Certification                Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                (3) |
| 32.1                 |                           | Certification                Pursuant to 18 U.S.C. SECTION 1350                (3)                        |

----

**SIGNATURE**

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | **EGPI                FIRECREEK, INC.** |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                                    |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | By:                                     | /s/                DENNIS ALEXANDER |
|                                                                                            | Name                               | Dennis                Alexander |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | Title:                             | Chairman,                President, and CFO |

----