UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, DC 20549

                                  FORM 10-QSB

[X]   Quarterly Report pursuant to Section 13 or 15(d) of the Securities
      Exchange Act of 1934

      For the quarterly period ended   October 31, 2007
                                      ------------------

[ ]   Transition Report pursuant to 13 or 15(d) of the Securities Exchange
      Act of 1934

      For the transition period                  to
                               ------------------   --------------------

      Commission File Number    333-119848
                            -----------------

                             AAA ENERGY, INC.
    -----------------------------------------------------------------------
       (Exact name of small Business Issuer as specified in its charter)

          Nevada                                     90-0338080
---------------------------------         -------------------------------
(State or other jurisdiction of          (IRS Employer Identification No.)
 incorporation or organization)

,
3841 Amador Way
Reno, Nevada                                                89502
----------------------------------------      -----------------------------
(Address of principal executive offices)                 (Zip Code)


Issuer's telephone number, including area code:        (775) 827-2324
                                                ---------------------------



    -----------------------------------------------------------------------
     (Former name, former address and former fiscal year, if changed since
                                 last report)

Check  whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the  Securities Exchange  Act  of  1934  during the preceding 12
months (or for such shorter period that the issuer was required  to  file  such
reports),  and (2) has been subject to such filing requirements for the past 90
days   [ X ] Yes  [   ] No

Indicate by check mark whether the registrant is a shell company (as defined
in Rule 12b-2 of the Exchange Act).
[ X ]  Yes    [   ] No

State the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date: 34,272,000 shares of $0.001
par value common stock outstanding as of December 12, 2007.



<PAGE>
























                                AAA ENERGY INC.


                         (AN EXPLORATION STAGE COMPANY)

                              FINANCIAL STATEMENTS

                                OCTOBER 31, 2007

















BALANCE SHEETS

STATEMENTS OF OPERATIONS

STATEMENTS OF CASH FLOWS

NOTES TO THE FINANCIAL STATEMENTS




<PAGE>
AAA ENERGY INC.
(An Exploration Stage Company)
BALANCE SHEETS
(unaudited)

<TABLE>
<CAPTION>

<S>                                      <C>                  <C>
                                         October 31,           July 31,
                                         2007                  2007

                         ASSETS
Current
 Cash                                   $50,954                $114,425
 Prepaid expenses                        6,308                  -
                                         57,262                 114,425

Mineral Property (Note 2)                 5,000                 -
Total Assets                            $62,262                $114,425


                       LIABILITIES
Current
 Accounts payable and accrued
 liabilities                            $41,539                $46,333
 Convertible NOte (Note 3)               87,939                 58,063

Total Liabilities                        129,478                104,396

SUBSEQUENT EVENT  (Note 4)

                   STOCKHOLDERS' EQUITY

Common Stock
 Authorized:
 100,000,000 common shares $0.001 par value
 Issued:
 34,272,000 common shares                16,772                 16,772
Additional Paid-in Capital               252,035                252,035
Deficit accumulated during the
exploration stage                        (336,023)              (258,778)

Total Stockholders' (Deficit) Equity     (67,216)               10,029

Total Liabilities and Stockholders'
(Deficit) Equity                        $62,262                $114,425

</TABLE>









   The accompanying notes are an integral part of these financial statements.



<PAGE>
AAA ENERGY INC.
(An Exploration Stage Company)
STATEMENTS OF OPERATIONS
(unaudited)

<TABLE>
<CAPTION>

<S><C>                                   <C>           <C>         <C>
                                                                 Cumulative
                                                                 from
                                                                 May 26, 2004
                                      Three months ended         (Inception) to
                                          October 31,            October 31,
                                      2007           2006        2007

EXPENSES
 Accounting and audit fees            $8,475         $2,130      $45,486

 Bank charges                          138            62          712

 Consulting fees                       12,165         19,760      71,548

 Filing and transfer agent fees        250            430         7,748

 Interest expense (Note 3)             29,876         -           77,246

 Investor relation                     -              -           19,350

 Legal fees                            2,500          -           19,530

 Mineral property costs                -              -           17,500

 Mineral property exploration costs    8,138          -           8,138

 Office expenses                       2,983          1,500       11,244

 Travel and promotion                  12,270         8,615       62,521

NET LOSS                              $(77,245)      $(32,497)   $(336,023)


BASIC AND DILUTED LOSS PER SHARE      $(0.00)        $(0.00)


WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING - BASIC
AND DILUTED                            34,272,000     34,272,000

</TABLE>



















   The accompanying notes are an integral part of these financial statements.



<PAGE>
AAA ENERGY INC.
(An Exploration Stage Company)
STATEMENTS OF CASH FLOWS
(unaudited)

<TABLE>
<CAPTION>

<S><C>                                    <C>            <C>       <C>

                                                                 Cumalative
                                                                 From
                                       Three months ended        May 26, 2004
                                           October 31,           (Inception) to
                                                                 October 31,
                                       2007           2006       2007


CASH FLOWS FROM OPERATING ACTIVITIES

 Net loss                              $(77,245)     $(32,497)   $(336,023)
 Non cash items:
   Interest expense                     29,876        -           77,246
   Shares issued for Mineral property
   costs                                -             -           500

 Change in non-cash working
 capital item:
   Prepaid expenses                     (6,308)       (2,941)     (6,308)
   Accounts payable and accrued
   liabilities                          (4,794)       8,150       41,539

NET CASH USED IN OPERATIONS             (58,471)      (27,288)    (223,046)

CASH FLOWS FROM INVESTING ACTIVITIES

 Mineral Property costs                 (5,000)       -           (5,000)

NET CASH FROM INVESTING ACTIVITIES      (5,000)       -           (5,000)

CASH FLOWS FROM FINANCING ACTIVITIES
 Capital STock issued for cash          -             -           94,000
 Convertible Note	                -             -           185,000
NET CASH FROM FINANCING ACTIVITIES      -             -           279,000

(INCREASE) DECREASE IN CASH             (63,471)      (27,288)    50,954

CASH, BEGINNING                         114,425       60,910      -

CASH, ENDING                           $50,954       $33,622     $50,954

Supplemental Cash Flow Disclosures:
    Cash paid for:
       Interest                        $-            $-          $-
       Income taxes                    $-            $-          $-
    Non cash item:
       Shares issued for acquisition
       of mineral property             $-            $-          $500

</TABLE>





  The accompanying notes are an integral part of these financial statements.



<PAGE>
Note 1
Basis of presentation

The accompanying unaudited interim financial statements have been prepared
in accordance with  United States generally accepted accounting principles
("US GAAP") for interim financial information and with the instructions to
Form  10-QSB  of  Regulation    S-B.   Certain  information  and  footnote
disclosures  normally  included  in   financial   statements  prepared  in
accordance with US GAAP have been condensed or omitted  pursuant  to  such
rules  and  regulations.  However,  except as disclosed herein, there have
been no material changes in the information  disclosed in the notes to the
financial  statements for the year ended July 31,  2007  included  in  the
Company's annual report filed with the Securities and Exchange Commission.
The interim  unaudited  financial statements should be read in conjunction
with those financial statements  included  in  the  Form  10-KSB.  In  the
opinion  of  Management,  all  adjustments considered necessary for a fair
presentation, consisting solely of normal recurring adjustments, have been
made. Operating results for the  three  months  ended October 31, 2007 are
not necessarily indicative of the results that may  be  expected  for  the
year ending July 31, 2008.

Note 2
Mineral Properties

On  August  4,  2007,  the  Company was granted an option to acquire  100%
interest, in  one  mineral  claim located in the  Lillooet Mining Division
in  the  Province  of  British Columbia.  Under the  terms of  the  option
agreement, the Company must  make cash  payment  of  CDN$255,000 and issue
500,000 shares of common stock  in various  stages  as follows:  CDN$5,000
(paid) upon signing of the agreement, CDN$30,000 and issuance  of  100,000
shares  of common  stock  by  the first  anniversary  of  this  agreement;
CDN$40,000 and 100,000 shares by the second anniversary of this agreement;
CDN$50,000 and issuance  of  100,000 shares by  the  third  anniversary of
this agreement; CDN$60,000  and  issuance  of 100,000 shares by the fourth
anniversary of this agreement;  and  CDN$70,000  and  issuance  of 100,000
shares by the fifth anniversary of this agreement. The  Company must  also
pay  2%   Net  Smelter  Returns  Royalty  ("NSR")  upon   commencement  of
commercial production.   The   Company may purchase half of the 2% NSR for
a one-time payment of $1,000,000.

Note 3
Convertible Note

On January 11, 2007, the Company entered into an agreement with third party
(the  "Lender"),  whereby  the  Lender  would advance  the  Company  up  to
$1,000,000 (the "Note"), from time to time. All such amounts advanced under
the Note will comprise the principal amount which bears interest at 10% per
annum and matures on January 11, 2009. The principal amount will be subject
to conversion terms, whereby at any time  from  the  date of the Note until
the  date  that the Company repays the entire amount of  principal  to  the
Lender, the  Lender  at  its sole option, may convert a portion, or all, of
the principal amount outstanding  into  units  in  the capital stock of the
Company.  Each $0.40 of principal outstanding at the time of conversion may
be  converted into one unit consisting of one common  share  and  one  non-
transferable  share  purchase warrant exercisable for a period of up to two
years from the date of  conversion.   Each warrant shall entitle the Lender
to purchase an additional common share  of  the Company at $0.60 during the
term of the warrants.

<PAGE>

Note 3
Convertible Note (cont.)

At October 31, 2007, the Company owed $197,282  (July  31, 2007 - $192,619)
on this Note comprising of principal of $185,000 (July 31, 2007 - $185,000)
and accrued interest of $12,282 (July 31, 2007 - $7,619).

In  accordance with EITF 00-27 "Application of Issue No.  98-5  to  Certain
Convertible  Instruments", the Company recognized the value of the embedded
beneficial conversion  feature  of  $174,307.  This  value  was recorded as
additional  paid-in  capital and is being deferred and amortized  over  the
term of the Note. During  the  three  month  period ended October 31, 2007,
$25,213 (2006 - nil) was expensed as non-cash  interest  pertaining to this
Note.  The  carrying value of the Note will be accreted to the  face  value
over the term of the note.

The Company has  allocated the proceeds of issuance between the convertible
debt and the detachable warrants, to be issued upon conversion of the Note,
based on their relative  fair  values.  Accordingly, upon conversion of the
Note, the Company will recognize the fair  value of the detachable warrants
of $38,521 as common stock purchase warrants.

Note 4
Subsequent Event

On  November  9, 2007, the Company received $100,000 under the Convertible
Note financing agreement described in Note 3.






<PAGE>
FORWARD LOOKING STATEMENTS

This quarterly report contains forward-looking statements that involve risks
and uncertainties.  We use words such as anticipate, believe, plan, expect,
future, intend and similar expressions to identify such forward-looking
statements.  You should not place too much reliance on these forward-looking
statements.  Our actual results are likely to differ materially from those
anticipated in these forward-looking statements for many reasons, including
the risks faced by us described in this Risk Factors section and elsewhere in
this annual report.

PLAN OF OPERATION

We commenced operations as a company involved in the acquisition and
exploration of resource properties.  During the fiscal year ended July 31,
2005, we held a 100% interest in five mineral claims comprising the BA
property.  During the fiscal year ended July 31, 2006, our interest in the
BA property lapsed.

We are continuing to review other potential acquisitions in the resource
sector. Currently, we are in the process of completing due diligence
investigation of various opportunities in the oil and gas sector in China,
as well as various opportunities in the base and precious metals sectors.
However, there is no guarantee that we will be able to reach any agreement
to acquire such assets.

On August 4, 2007, the Company was granted an option to acquire 100%
interest, subject to a 2% net smelter royalty, in one mineral claim
located in the Lillooet Mining Division in the Province of British
Columbia.  Under the terms of the option agreement, the Company must make
cash payment of CDN$255,000 and issue 500,000 shares of common stock in
various stages as follows: CDN$5,000 (paid) upon signing of the agreement,
CDN$30,000 and issuance of 100,000 shares of common stock by the first
anniversary of this agreement; CDN$40,000 and 100,000 shares by the second
anniversary of this agreement; CDN$50,000 and issuance of 100,000 shares
by the third anniversary of this agreement; CDN$60,000 and issuance of
100,000 shares by the fourth anniversary of this agreement; and CDN$70,000
and issuance of 100,000 shares by the fifth anniversary of this agreement.
The Company must also pay 2% Net Smelter Returns Royalty ("NSR") upon
commencement of commercial production.  The Company may purchase half of
the 2% NSR for a one-time payment of $1,000,000.

We anticipate spending an additional $35,000 on administrative fees, including
fees we will incur in complying with reporting obligations.

The Company has previously announced that it was proceeding with the sale of up
to $1,000,000 in convertible debentures to finance potential acquisition of
natural and mineral resource projects and for working capital requirements,
including administrative expenses and costs incurred in connection with our
review of potential projects.  Although upon the completion of the convertible
debenture financing, we will have sufficient funds for any immediate working
capital needs, additional funding may still be required in the form of equity
financing from the sale of our common stock.  However, we do not have any
arrangements in place for any future equity financing.

RESULTS OF OPERATIONS FOR PERIOD ENDING OCTOBER 31, 2007

We did not earn any revenues during the three-month period ending October 31,
2007.  We incurred operating expenses in the amount of $77,245 for the three-
month period ending October 31, 2007.  Our operating expenses were comprised of
travel and promotion costs of $12,720, consulting fees of $12,165, mineral
property costs of $8,138, legal fees of $2,500, accounting and audit fees of
$8,475, office expenses of $2,983, interest expense of $29,876, filing and
transfer agent fees of $250 and bank charges of $138.



<PAGE>

At October 31, 2007, we had total assets of $62,262 consisting of cash of
$50,954, and prepaid expenses of $6,308 and$129,478 in liabilities consisting
of accounts payable, due to related parties and accrued liabilities of $41,539
and $87,939 pursuant to a convertible note.

ITEM 3:  CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS

Our management evaluated the effectiveness of our disclosure controls and
procedures as of the end of our fiscal quarter on October 31, 2007.  This
evaluation was conducted by our chief executive officer, Dr. Earl Abbott, and
our principal accounting officer, David Lorge.

Disclosure controls are controls and other procedures that are designed to
ensure that information that we are required to disclose in the reports we file
pursuant to the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported.


LIMITATIONS ON THE EFFECTIVE OF CONTROLS

Our management does not expect that our disclosure controls or our internal
controls over financial reporting will prevent all error and fraud.  A control
system, no matter how well conceived and operated, can provide only reasonable,
but no absolute, assurance that the objectives of a control system are met.
Further, any control system reflects limitations on resources, and the benefits
of a control system must be considered relative to its costs. These limitations
also include the realities that judgments in decision-making can be faulty and
that breakdowns can occur because of simple error or mistake.  Additionally,
controls can be circumvented by the individual acts of some persons, by
collusion of two or more people or by management override of a control.  A
design of a control system is also based upon certain assumptions about
potential future conditions; over time, controls may become inadequate because
of changes in conditions, or the degree of compliance with the policies or
procedures may deteriorate.  Because of the inherent limitations in a cost-
effective control system, misstatements due to error or fraud may occur and may
not be detected.

CONCLUSIONS

Based upon his evaluation of our controls, our chief executive officer and
principal accounting officer have concluded that, subject to the limitations
noted above, the disclosure controls are effective providing reasonable
assurance that material information relating to us is made known to management
on a timely basis during the period when our reports are being prepared.  There
were no changes in our internal controls that occurred during the quarter
covered by this report that have materially affected, or are reasonably likely
to materially affect our internal controls.




<PAGE>
PART II- OTHER INFORMATION

Item 1.     Legal Proceedings

We are not a party to any pending legal proceeding.  Management is not aware of
any threatened litigation, claims or assessments.

Item 2.     Changes in Securities

The Company did not issue any securities during the quarter ended January 31,
2007.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Submission of Matters to a Vote of Security Holders

None.

Item 5. Other Information

None.

Item 6. Exhibits and Report on Form 8-K

Exhibits

31.1  Certification pursuant to Rule 13a-14(a) under the Securities
      Exchange Act of 1934
31.2  Certification pursuant to Rule 13a-14(a) under the Securities
      Exchange Act of 1934
32.1  Certification pursuant to 18 U.S.C. Section 1350, as adopted
      pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2  Certification pursuant to 18 U.S.C. Section 1350, as adopted
      pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Current Reports on Form 8-K

During the quarter ended October 31, 2007, we filed the following current
report on Form 8-K:

On September 17, 2007, we filed a current report on Form 8-K disclosing that we
have re-appointed Dr. Earl Abbott of Reno, Nevada as President and Chief
Executive Officer of the Company, in place of Mr. Bruno Fruscalzo, who has
resigned his positions with the Company.

On September 25, 2007, we announced that David Lorge was appointed a director
of the Company in place of Heather Ho.













<PAGE>

SIGNATURES

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

DATED:  December 12, 2007

AAA Energy, Inc.

/s/ Earl W. Abbott
------------------------------
Dr. Earl W. Abbott, President


/s/ Dave Lorge
-------------------------------
David Lorge, Director