----

**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

----

**FORM      10-Q**

**(Amendment      No. 1)**

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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: **March                31, 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                _____________ |

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**EGPI      FIRECREEK, INC.**

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| **NEVADA**                                  | **0-32507**                 | **8-0345961**                      |
|---------------------------------------------|-----------------------------|------------------------------------|
| (State                or Other Jurisdiction | (Commission                 | (I.R.S.                Employer    |
| of                Incorporation)            | File                Number) | Identification                No.) |

**6564      Smoke Tree Lane Scottsdale, Arizona 85253**

**(480)      948-6581**

**Energy      Producers, Inc.**

----

| 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**

**March      31, 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 MARCH 31, 2008 AND DECEMBER 31, 2007**

|                                                                                                                                                                                                                  |   | **March 31****2008** |        | **December 31,****2007** |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|-------------|-------------------------------|--------|
|                                                                                                                                                                                                                  |   | (Unaudited)               |        | (Unaudited)                   |   |
| **ASSETS**                                                                                                                                                                                                            |   |                      |        |                          |   |
| Current                  assets:                                                                                                                                                                                      |   |                      |        |                          |   |
| Cash                                                                                                                                                                                                                  |   | $                         | 111,073     |                          | $      | 2,009,734 |   |
| Accounts                  receivable                                                                                                                                                                                  |   |                      | 59,847      |                          |   | 76,348 |   |
| Deferred                  charges                                                                                                                                                                                     |   |                      | 17,843      |                          |   | 13,739 |   |
| Total                  current assets                                                                                                                                                                                 |   | $                         | 188,763     |                          | $      | 2,099,821 |   |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| Other                  assets:                                                                                                                                                                                        |   |                      |             |                          |   |  |   |
| Investment                  in Star Energy, fair market value                                                                                                                                                         |   |                      | 168,000     |                          |   | 382,200 |   |
| Deferred                  charges                                                                                                                                                                                     |   |                      | 94,642      |                          |   | 116,934 |   |
| Fixed                  assets- net                                                                                                                                                                                    |   |                      | 3,582,745   |                          |   | 2,234,930 |   |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| Total                  assets                                                                                                                                                                                         |   | $                         | 4,034,150   |                          | $      | 4,833,885 |   |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| **LIABILITIES                  AND SHAREHOLDERS' DEFICIT**                                                                                                                                                            |   |                      |             |                          |   |  |   |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| Current                  liabilities:                                                                                                                                                                                 |   |                      |             |                          |   |  |   |
| Accounts                  payable & accrued expenses                                                                                                                                                              |   | $                         | 850,044     |                          | $      | 866,110 |   |
| Equity                  line notes payable- net of discount                                                                                                                                                           |   |                      | 4,787,249   |                          |   | 4,753,349 |   |
| Total                  current liabilities                                                                                                                                                                            |   | $                         | 5,637,293   |                          | $      | 5,619,459 |   |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| Advances                  payable to shareholders                                                                                                                                                                     |   |                      | 218,925     |                          |   | 218,926 |   |
| Convertible                  debentures- net of discount                                                                                                                                                              |   |                      | 939,352     |                          |   | 632,563 |   |
| Derivative                  liability                                                                                                                                                                                 |   |                      | 2,309,012   |                          |   | 2,146,974 |   |
| Total                  liabilities                                                                                                                                                                                    |   | $                         | 9,104,582   |                          | $      | 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                  March 31, 2008              |   | $                         | 1,184,257   |                          | $      | 1,184,257 |   |
| Additional                  paid in capital                                                                                                                                                                           |   |                      | 20,970,812  |                          |   | 20,970,812 |   |
| Other                  comprehensive loss                                                                                                                                                                             |   |                      | (399,000    | )                             |   | (184,800 | ) |
| Accumulated                  deficit                                                                                                                                                                                  |   |                      | (27,026,501 | )                             |   | (25,954,306 | ) |
| Total                  shareholders' deficit                                                                                                                                                                          |   |                      | (5,070,432  | )                             |   | (3,784,037 | ) |
|                                                                                                                                                                                                                  |   |                      |             |                          |   |  |   |
| Total                  Liabilities & Shareholders' Deficit                                                                                                                                                        |   | $                         | 4,034,150   |                          | $      | 4,833,885 |   |

----

**EGPI        FIRECREEK, INC.**

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

**UNAUDITED        CONSOLIDATED STATEMENTS OF OPERATIONS**

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

|                                                                                                                                                                                                                                                              |   |                       |          | **As Restated**       |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|---------------|----------------------------|--------|
|                                                                                                                                                                                                                                                              |   | **March 31,****2008** |          | **March 31,****2007** |   |
| Gross                  Revenues from sales                                                                                                                                                                                                                        |   | $                          | 219,970       |                       | $      | 33,883 |   |
| Cost                  of sales                                                                                                                                                                                                                                    |   |                       | (163,485      | )                          |   | (29,905 | ) |
| Net                  Revenues from sales                                                                                                                                                                                                                          |   | $                          | 56,485        |                       | $      | 3,978 |   |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| General                  and administrative expenses:                                                                                                                                                                                                             |   |                       |               |                       |   |  |   |
| General                  administration                                                                                                                                                                                                                           |   | $                          | 492,376       |                       | $      | 298,373 |   |
| Total                  general & administrative                  expenses                               |   |                       | 492,376       |                       |   | 298,373 |   |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Net                  loss from operations                                                                                                                                                                                                                         |   | $                          | (435,891      | )                          | $      | (294,395 | ) |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Other                  revenues and expenses:                                                                                                                                                                                                                     |   |                       |               |                       |   |  |   |
| Gain/Loss                  on derivative liability                                                                                                                                                                                                                |   |                       | (179,069      | )                          |   | 14,615 |   |
| Interest                  income                                                                                                                                                                                                                                  |   |                       | 3,261         |                       |   | 0 |   |
| Interest                  expense                                                                                                                                                                                                                                 |   |                       | (460,496      | )                          |   | (187,656 | ) |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Net                  loss before provision for income taxes                                                                                                                                                                                                       |   | $                          | (1,072,195    | )                          | $      | (467,436 | ) |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Provision                  for income taxes                                                                                                                                                                                                                       |   |                       | 0             |                       |   | 0 |   |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Net                  loss                                                                                                                                                                                                                                         |   | $                          | (1,072,195    | )                          | $      | (467,436 | ) |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Basic                  & fully diluted net loss per common share:                                                                                                                                                                                             |   |                       |               |                       |   |  |   |
| Loss                  per share                                                                                                                                                                                                                                   |   | $                          | (0.00         | )                          | $      | (0.00 | ) |
|                                                                                                                                                                                                                                                              |   |                       |               |                       |   |  |   |
| Weighted                  average of common shares outstanding:                                                                                                                                                                                                   |   |                       |               |                       |   |  |   |
| Basic                  & fully diluted                                                                                                                                                                                                                        |   |                       | 1,184,257,619 |                       |   | 396,191,615 |   |

----

**EGPI        FIRECREEK, INC.**

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

**UNAUDITED        CONSOLIDATED STATEMENTS OF CASH FLOWS**

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

|                                                                                    |   |                       |       | **As                  Restated** |   |
|-----------------------------------------------------------------------------------------|--------|----------------------------|------------|----------------------------------|--------|
|                                                                                    |   | **March 31,****2008** |       | **March 31,****2007**       |   |
| Operating                  Activities:                                                  |   |                       |       |                             |   |
| Net                  loss                                                               |   | $                          | (1,072,195 | )                                | $      | (467,436 | ) |
|                                                                                    |   |                       |            |                             |   |  |   |
| Adjustments                  to reconcile net loss items not requiring the use of cash: |   |                       |            |                             |   |  |   |
| Depreciation                  & depletion expense                                   |   |                       | 37,765     |                             |   | 34,508 |   |
| Interest                  expense                                                       |   |                       | 332,695    |                             |   | 187,656 |   |
| Amortization                  of deferred charges                                       |   |                       | 18,188     |                             |   | 19,601 |   |
| Loss                  on derivative liability                                           |   |                       | 179,069    |                             |   | (14,615 | ) |
| Changes                  in other operating assets and liabilities :                    |   |                       |            |                             |   |  |   |
| Accounts                  receivable                                                    |   |                       | 16,501     |                             |   | (4,525 | ) |
| Accounts                  payable and accrued expenses                                  |   |                       | (10,684    | )                                |   | (153,450 | ) |
| Net                  cash used by operations                                            |   | $                          | (498,661   | )                                | $      | (398,261 | ) |
|                                                                                    |   |                       |            |                             |   |  |   |
| 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 |   |
| Shareholder                  advances received                                          |   |                       | 0          |                             |   | 34,953 |   |
| Net                  cash provided by financing activities                              |   |                       | 0          |                             |   | 469,953 |   |
|                                                                                    |   |                       |            |                             |   |  |   |
| Net                  increase (decrease) in cash during the period                      |   | $                          | (1,898,661 | )                                | $      | 71,692 |   |
|                                                                                    |   |                       |            |                             |   |  |   |
| Cash                  balance at December 31st                                          |   |                       | 2,009,734  |                             |   | 14,955 |   |
|                                                                                    |   |                       |            |                             |   |  |   |
| Cash                  balance at March 31st                                             |   | $                          | 111,073    |                             | $      | 86,647 |   |
|                                                                                    |   |                       |            |                             |   |  |   |
| 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 MARCH 31, 2008 AND MARCH 31, 2007**

**AS        RESTATED**

|                                              |   | **Preferred****Shares** |       | **Preferred****Value** |   | **Common****Shares** |   | **Par****Value** |          | **Paid                  in****Capital** |   | **Accumulated****Deficit** |   | **Other****Comprehensive****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) |   |                    |            |                   |   |                      |   |             |               |                                    |   |                            |   |                               |            |      |   |  |   |   | (214,200 | ) |   | (214,200 | ) |
|                                              |   |                    |            |                   |   |                      |   |             |               |                                    |   |                            |   |                               |            |      |   |  |   |   |  |   |   |  |   |
| Net                  loss for the period          |   |                    |       |                   |   |                 |   |             |          |                                    |   |                       |   |                               |       |      |   | (1,072,195 | ) |   |   |   |   | (1,072,195 | ) |
|                                              |   |                    |            |                   |   |                      |   |             |               |                                    |   |                            |   |                               |            |      |   |  |   |   |  |   |   |  |   |
| Balance                  at March 31, 2008        |   |                    | 20,000,000 |                   | $      | 200,000              |   |             | 1,184,257,619 |                                    | $      | 1,184,257                  |   | $                                  | 20,970,812 |      | $      | (27,026,501 | ) | $ | (399,000 | ) | $ | (5,070,432 | ) |

|                                              |   |   |  |   |   |  |   |   | **Common****Shares** |   |   | **Par****Value** |   |   | **Paid                  in****Capital** |   |   | **Accumulated****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 |   |   |  |   |   |  |   |   | 4,021,500            |   |   | 4,022            |   |   | 26,616                                  |   |   |                            |   |   |  |   |   | 30,637     |   |
|                                              |   |   |  |   |   |  |   |   |                      |   |   |                  |   |   |                                         |   |   |                            |   |   |  |   |   |            |   |
| Net                  loss for the period          |   |   |  |   |   |  |   |   |                 |   |   |             |   |   |                                    |   |   | (467,436                   | )      |   |  |   |   | (467,436   | )      |
|                                              |   |   |  |   |   |  |   |   |                      |   |   |                  |   |   |                                         |   |   |                            |   |   |  |   |   |            |   |
| Balance                  at March 31, 2007        |   |   |  |   |   |  |   |   | 399,388,946          |   | $      | 399,389          |   | $      | 18,913,784                              |   | $      | (24,947,692                | )      |   |  |   | $      | (5,634,519 | )      |

----

**EGPI        FIRECREEK, INC.**

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

**NOTES        TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS**

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 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 MARCH 31, 2008 AND MARCH 31, 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 MARCH 31, 2008 AND MARCH 31, 2007**

**3.        **
**NET        LOSS PER SHARE**

*Earnings        per Share” *
*.*

|                                                                                                                                                                                                                                                                         |   | **March 31,****2008** |          | **March 31,****2007** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|---------------|----------------------------|--------|
|                                                                                                                                                                                                                                                                         |   |                       |          |                       |   |
| Net                  loss                                                                                                                                                                                                                                                    |   | $                          | (1,072,195    | )                          | $      | (467,436 | ) |
|                                                                                                                                                                                                                                                                         |   |                       |               |                       |   |  |   |
| Total                  shares                  outstanding                                    |   |                       | 1,184,257,619 |                       |   | 395,367,446 |   |
|                                                                                                                                                                                                                                                                         |   |                       |               |                       |   |  |   |
| Weighted                  average                                                                                                                                                                                                                                            |   |                       | 1,184,257,619 |                       |   | 396,191,615 |   |
|                                                                                                                                                                                                                                                                         |   |                       |               |                       |   |  |   |
| Loss                  per share                                                                                                                                                                                                                                              |   | $                          | (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 MARCH 31, 2008 AND MARCH 31, 2007**

**6.        **
**COMMON        STOCK WARRANTS**

|                                              |   | **Amount** |       | **     ****Weighted Average****Exercise Price** |   | **Weighted Average****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 March 31, 2008    |   |       | 35,762,000 |                                                                               | $      | 0.36                                                     |   |   | 1.36 |   |

**7.        **
**FIXED        ASSETS- NET**

|                                                      |   | **March 31,****2008** |      | **December 31,****2007** |   |
|-----------------------------------------------------------|--------|----------------------------|-----------|-------------------------------|--------|
| Well                  leases                              |   | $                          | 2,313,325 |                          | $      | 1,068,650 |   |
| Well                  equipment                           |   |                       | 1,472,035 |                          |   | 1,316,710 |   |
| Accumulated                  depreciation & depletion |   |                       | (202,615  | )                             |   | (150,430 | ) |
| Fixed                  assets- net                        |   | $                          | 3,582,745 |                          | $      | 2,234,930 |   |

**8.        **
**EQUITY        CREDIT LINE**

| 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%     |   |   | 503,270   |   |
|                                                                     |   |   |           |   |
| Total                  for former equity line of credit notes payable    |   | $      | 4,787,249 |   |

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

**8.        **
**EQUITY        CREDIT LINE (CONTINUED)**

**9.        INCOME TAX PROVISION**

|                                                                                                                                                                                                                      |   | **March 31,****2008** |       | **March 31,****2007** |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|------------|----------------------------|--------|
| Net                  loss before provision for income taxes                                                                                                                                                               |   | $                          | (1,072,195 | )                          | $      | (467,436 | ) |
|                                                                                                                                                                                                                      |   |                       |            |                       |   |  |   |
| Current                  tax expense:                                                                                                                                                                                     |   |                       |            |                       |   |  |   |
| Federal                                                                                                                                                                                                                   |   | $                          | 0          |                       | $      | 0 |   |
| State                                                                                                                                                                                                                     |   |                       | 0          |                       |   | 0 |   |
| Total                                                                                                                                                                                                                     |   | $                          | 0          |                       | $      | 0 |   |
|                                                                                                                                                                                                                      |   |                       |            |                       |   |  |   |
| Less                  deferred tax benefit:                                                                                                                                                                               |   |                       |            |                       |   |  |   |
| Timing                  differences                                                                                                                                                                                       |   |                       | (1,022,025 | )                          |   | (558,736 | ) |
| Allowance                  for recoverability                                                                                                                                                                             |   |                       | 1,022,025  |                       |   | 558,736 |   |
| 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                                                                                                                                                                                       |   | $                          | 1,022,025  |                       | $      | 558,736 |   |
| Allowance                  for recoverability                                                                                                                                                                             |   |                       | (1,022,025 | )                          |   | (558,736 | ) |
| Deferred                  tax benefit                                                                                                                                                                                     |   | $                          | 0          |                       | $      | 0 |   |

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

**10.        **
**RESTATEMENT**

*Equity        Line Notes Payable:*

*Convertible        Debenture:*

*Derivative        Liability:*

|                                     |   | **March                  31,****2007** |   |
|------------------------------------------|--------|----------------------------------------|--------|
|                                     |   |                                   |   |
| Dividend                  yield          |   |                                   | 0      |   |
| Risk-free                  interest rate |   |                                   | 4.0    | % |
| Straight                  bond yield     |   |                                   | 5.0    | % |
| Expected                  volatility     |   |                                   | 20     |   |
| Market                  price            |   | $                                      | 0.007  |   |

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

**10.        **
**RESTATEMENT        (CONTINUED)**

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

| **EGPI                  Firecreek, Inc.****Consolidated                  Balance Sheet** |
|------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                              |   | **As                  Restated****31-Mar-07** |        | **Adjustment****31-Mar-07** |   | **As                  Filed****31-Mar-07** |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------|-------------|-----------------------------|--------|--------------------------------------------|--------|
| **ASSETS**                                                                                                                                                                                                                                        |   |                                          |        |                        |   |                                       |   |   |   |   |
|                                                                                                                                                                                                                                              |   |                                          |             |                        |   |                                            |   |   |  |   |
| Current                  assets:                                                                                                                                                                                                                  |   |                                          |             |                        |   |                                            |   |   |  |   |
| Cash                                                                                                                                                                                                                                              |   | $                                             | 86,647      |                        | $      | -                                          |   | $ | 86,647 |   |
| Accounts                  receivable                                                                                                                                                                                                              |   |                                          | 4,525       |                        |   |                                            |   |   | 4,525 |   |
| Deferred                  charges                                                                                                                                                                                                                 |   |                                          | 297,838     |                        |   | -                                          |   |   | 297,838 |   |
| Total                  current assets                                                                                                                                                                                                             |   |                                          | 389,010     |                        |   | -                                          |   |   | 389,010 |   |
| Other                  assets:                                                                                                                                                                                                                    |   |                                          |             |                        |   | -                                          |   |   |  |   |
| Fixed                  assets, net                                                                                                                                                                                                                |   |                                          | 834,362     |                        |   | -                                          |   |   | 834,362 |   |
| Total                  assets                                                                                                                                                                                                                     |   | $                                             | 1,223,372   |                        | $      | -                                          |   | $ | 1,223,372 |   |
|                                                                                                                                                                                                                                              |   |                                          |             |                        |   |                                       |   |   |  |   |
| LIABILITIES                  AND SHAREHOLDERS' DEFICIT                                                                                                                                                                                            |   |                                          |             |                        |   |                                       |   |   |  |   |
|                                                                                                                                                                                                                                              |   |                                          |             |                        |   |                                       |   |   |  |   |
| Current                  liabilities:                                                                                                                                                                                                             |   |                                          |             |                        |   |                                       |   |   |  |   |
| Accounts                  payable & accrued expenses                                                                                                                                                                                          |   | $                                             | 712,448     |                        | $      | -                                          |   | $ | 712,448 |   |
| Convertible                  debentures payable, net                                                                                                                                                                                              |   |                                          | -           |                        |   | (171,875                                   | )      |   | 171,875 |   |
| Equity                  line notes payable, net of debt discount $436,573                                                                                                                                                                         |   |                                          | 4,396,300   |                        |   | (436,573                                   | )      |   | 4,832,873 |   |
| Total                  current liabilties                                                                                                                                                                                                         |   |                                          | 5,108,748   |                        |   | (608,448                                   | )      |   | 5,717,196 |   |
| Advances                  payable to shareholders                                                                                                                                                                                                 |   |                                          | 203,005     |                        |   | -                                          |   |   | 203,005 |   |
| Convertible                  debenture                                                                                                                                                                                                            |   |                                          | 856,275     |                        |   | 332,761                                    |   |   | 523,514 |   |
| Derivative                  liability                                                                                                                                                                                                             |   |                                          | 689,863     |                        |   | 689,863                                    |   |   | - |   |
| Total                  liabilities                                                                                                                                                                                                                |   |                                          | 6,857,891   |                        |   | 414,176                                    |   |   | 6,443,715 |   |
| 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, 399,388,946 at March 31, 2007                                                                   |   |                                          | 399,389     |                        |   | -                                          |   |   | 399,389 |   |
| Additional                  paid in capital                                                                                                                                                                                                       |   |                                          | 18,913,784  |                        |   | (896,371                                   | )      |   | 19,810,155 |   |
| Accumulated                  deficit                                                                                                                                                                                                              |   |                                          | (24,947,692 | )                           |   | 482,195                                    |   |   | (25,429,887 | ) |
| Total                  shareholders' deficit                                                                                                                                                                                                      |   |                                          | (5,634,519  | )                           |   | (414,176                                   | )      |   | (5,220,343 | ) |
| Total                  Liabilities & Shareholders' Deficit                                                                                                                                                                                    |   | $                                             | 1,223,372   |                        | $      | -                                          |   | $ | 1,223,372 |   |

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

| **EGPI                  Firecreek, Inc.****Consolidated                  Statement of Operations** |
|----------------------------------------------------------------------------------------------------|

|                                                                      |   | **Unaudited**                    |        |           |   | **Unaudited**                 |   |
|---------------------------------------------------------------------------|--------|----------------------------------|-------------|----------------|--------|-------------------------------|--------|
|                                                                      |   | **As                  Restated** |        | **Adjustment** |   | **As                  Filed** |   |
|                                                                      |   | **31-Mar-07**                    |        | **31-Mar-07**  |   | **31-Mar-07**                 |   |
|                                                                      |   |                             |        |           |   |                          |   |
| Gross                  revenues from sales                                |   | $                                | 33,883      |           | $      | -                             |   | $ | 33,883 |   |
| Cost                  of sales                                            |   |                             | (29,905     | )              |   | -                             |   |   | (29,905 | ) |
| Net                  revenue from sales                                   |   |                             | 3,978       |           |   | -                             |   |   | 3,978 |   |
| General                  and administrative expenses:                     |   |                             |             |           |   | -                             |   |   |  |   |
| General                  administration                                   |   |                             | 298,373     |           |   | (159,125                      | )      |   | 457,498 |   |
| Total                  general & administrative expenses              |   |                             | 298,373     |           |   | (159,125                      | )      |   | 457,498 |   |
| Net                  loss from operations                                 |   |                             | (294,395    | )              |   | 159,125                       |   |   | (453,520 | ) |
| Other                  revenue and expenses                               |   |                             |             |           |   | -                             |   |   |  |   |
| Interest                  Expense                                         |   |                             | (187,656    | )              |   | (4,759                        | )      |   | (182,897 | ) |
| Gain                  on derivative liability                             |   |                             | 14,615      |           |   | 14,615                        |   |   | - |   |
| Net                  loss before provision for income taxes               |   |                             | (467,436    | )              |   | 168,981                       |   |   | (636,417 | ) |
| Provision                  for income taxes                               |   |                             | -           |           |   | -                             |   |   | - |   |
| Net                  loss before extraordinary item                       |   |                             | (467,436    | )              |   | 168,981                       |   |   | (636,417 | ) |
| Extraordinary                  item - extinguishment of debt (net of tax) |   |                             | -           |           |   | -                             |   |   | - |   |
| Net                  loss from continuing operations                      |   |                             | (467,436    | )              |   | 168,981                       |   |   | (636,417 | ) |
| Loss                  from discontinued operations (net of tax)           |   |                             | -           |           |   | -                             |   |   | - |   |
| Net                  loss                                                 |   | $                                | (467,436    | )              | $      | 168,981                       |   | $ | (636,417 | ) |
| 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                                |   |                             | 396,191,615 |           |   | -                             |   |   | 396,191,615 |   |

----

**EGPI        FIRECREEK, INC.**

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

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

**FOR        THE QUARTERS ENDED MARCH 31, 2008 AND MARCH 31, 2007**

**11.        **
**COMMITMENTS        AND CONTINGENCIES**

----

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

**Overview**

**General**

----

----

**Results        of Operations**

**Three        months ended March 31, 2008 vs. three months ended March 31,        2007.**

----

**Detail        of general & administrative expenses:**

|                                                                                                                                                                                                                                                                                                                     |   | **March 31,****2008** |    | **March 31,****2008** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------|---------|----------------------------|--------|
| Advertising                  & promotion                                                                                                                                                                                                                                                                             |   | $                          | 981     |                       | $      | 680 |   |
| Administration                                                                                                                                                                                                                                                                                                           |   |                       | 7,622   |                       |   | 135,356 |   |
| Consulting                                                                                                                                                                                                                                                                                                               |   |                       | 36,040  |                       |   | 80,000 |   |
| Depreciation                                                                                                                                                                                                                                                                                                             |   |                       | — |                       |   | 15,407 |   |
| Investor                  incentives/commissions                                             |   |                       | — |                       |   | — |   |
| Professional                  fees                                                                                                                                                                                                                                                                                       |   |                       | 107,468 |                       |   | 45,000 |   |
| Rent                  & storage                                                                                                                                                                                                                                                                                      |   |                       | — |                       |   | 21,878 |   |
| Salaries                  & benefits                                                                                                                                                                                                                                                                                 |   |                       | 15,265  |                       |   | — |   |
| Well                  workover                                                                                                                                                                                                                                                                                           |   |                       | 325,000 |                       |   | — |   |
|                                                                                                                                                                                                                                                                                                                     |   |                       |         |                       |   |  |   |
| Total                                                                                                                                                                                                                                                                                                                    |   | $                          | 492,376 |                       | $      | 298,373 |   |

**ITEM        3 – QUANTATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET        RISK**

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

----

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

----

**PART        II.  OTHER INFORMATION**

**ITEM        1 – LEGAL PROCEEDINGS**

**Texas        Litigation**

***Hickman        Investments, Ltd.***

**New        York Litigation**

***Star        Energy Corp. Transaction Background***

***Demand        for Arbitration***

----

**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 |

----