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   January 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                                   Applied For
---------------------------------         -------------------------------
(State or other jurisdiction of          (IRS Employer Identification No.)
 incorporation or organization)

1200 Alberni Street, Suite 1503
Vancouver, BC, Canada                                     V6E 1A6
----------------------------------------      -----------------------------
(Address of principal executive offices)                 (Zip Code)


Issuer's telephone number, including area code:        (604) 618-2888
                                                ---------------------------



    -----------------------------------------------------------------------
     (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 March 16, 2007.




<PAGE>1


















                                AAA ENERGY INC.

                          (FORMERLY AAA MINERALS INC.)

                         (AN EXPLORATION STAGE COMPANY)

                              FINANCIAL STATEMENTS

                                JANUARY 31, 2007

                                  (UNAUDITED)















BALANCE SHEETS

INTERIM STATEMENTS OF OPERATIONS

INTERIM STATEMENTS OF CASH FLOWS

NOTES TO THE INTERIM FINANCIAL STATEMENTS








<PAGE>2


AAA ENERGY INC.
(Formerly AAA MINERALS INC.)
(An Exploration Stage Company)
BALANCE SHEETS

___________________________________________________________________________

<TABLE>
<CAPTION>

<S>                                              <C>               <C>
                                                    January 31,          July 31,
                                                       2007                2006
                                                    (Unaudited)         (Audited)
                                        ASSETS
Current
 Cash                                               $   66,421        $   60,910


                                      LIABILITIES
Current
 Accounts payable and accrued liabilities           $   37,327        $   28,027

Total Current Liabilities                               37,327            28,027
Convertible Note (Note 2)                                6,260                 -

Total Liabilities                                       43,587            28,027


                                 STOCKHOLDERS' EQUITY

Common Stock
 Authorized:
 100,000,000 common shares $0.001 par value
 Issued:
 34,272,000 common shares
 (July 31, 2006 - 34,272,000 shares)                    16,772            16,772
Additional Paid-in Capital                             123,541            77,728
Deficit accumulated during the exploration stage      (117,479)          (61,617)

Total Stockholders' Equity                              22,834            32,883

Total Liabilities and Stockholders' Equity          $   66,421         $  60,910

</TABLE>

COMMITMENTS AND CONTINGENCIES:  NOTE 1







   The accompanying notes are an integral part of these financial statements



<PAGE>3

AAA ENERGY INC.
(Formerly AAA MINERALS INC.)
(An Exploration Stage Company)
INTERIM STATEMENTS OF OPERATIONS
(Unaudited)

___________________________________________________________________________

<TABLE>
<CAPTION>


                                           Three months ended     Six months ended	Cumulative From May 26, 2004
                                               January 31,           January 31,	(Inception) to January 31,
                                             2007       2006       2007       2006              2007
   <S>                                    <C>        <C>        <C>       <C>           <C>
Expenses
 Accounting and audit fees               $  3,743    $  1,993   $ 5,873   $  6,993         $     33,748
 Bank charges                                 191         48        253         71                  591
 Consulting fees                            1,391          -     21,151          -               34,151
 Filing and transfer agent fees             1,044      1,244      1,474      2,948                7,223
 Interest expense (Note 2)                  2,073          -      2,073          -                2,073
 Legal fees                                     -          -          -          -                7,030
 Mineral property costs                         -          -          -          -                7,500
 Office expenses                              690          -      2,190          -                2,315
 Travel and promotion                      14,233          -     22,848          -                2,848

Net loss                                $(23,365)    $(3,285)  $(55,862)  $ (10,012)       $   (117,479)


Basic and diluted loss per share        $  (0.00)    $ (0.00)  $ (0.00)   $   (0.00)


Weighted average number of shares
outstanding                            34,272,000  34,272,000 34,272,000  34,272,000

</TABLE>


   The accompanying notes are an integral part of these financial statements



<PAGE>4

AAA ENERGY INC.
(Formerly AAA MINERALS INC.)
(An Exploration Stage Company)
INTERIM STATEMENTS OF CASH FLOWS
(Unaudited)

___________________________________________________________________________
<TABLE>
<CAPTION>

                                                                                               Cumulative From May 26, 2004
                                                                        Six months ended              (Inception) to
                                                                           January 31,                 January 31,
                                                                        2007          2006                2007
                                                                     <C>           <C>          <C>


Cash Flows From Operating Activities

 Net loss                                                            $(57,946)     $(10,012)    $(117,479)
 Non cash items:
   Accrued interest expense                                             2,073            -          2,073
   Mineral property costs                                                   -            -            500

 Change in non-cash working capital item:
   Increase (decrease) in accounts payable   and accrued
    liabilities                                                         9,300        (4,057)       37,327


Net cash used in operations                                           (44,489)      (14,069)      (77,579)

Cash Flows From Financing Activities

 Capital stock issued for cash                                              -             -        94,000
 Convertible Note                                                      50,000             -        50,000

Net cash from financing activities                                     50,000             -       144,000

Increase (decrease) in cash                                             5,511       (14,069)       66,421

Cash, beginning                                                        60,910        15,503             -

Cash, ending                                                          $66,421       $ 1,434       $66,421

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

</TABLE>





   The accompanying notes are an integral part of these financial statements



<PAGE>5

AAA ENERGY INC.
(Formerly AAA MINERALS INC.)
(An Exploration Stage Company)
NOTES TO THE INTERIM FINANCIAL STATEMENTS
January 31, 2007
(Unaudited)

___________________________________________________________________________

Note 1  Nature and Continuance of Operations

Organization

AAA  Energy  Inc.  (the  "Company")  (formerly   AAA  Minerals  Inc.)  was
incorporated under the law of the State of Nevada  on  May  26, 2004.  The
Company  is  an  Exploration  Stage  Company  as  defined by Statement  of
Financial  Accounting  Standard  ("SFAS")  No. 7. The Company  intends  to
locate, explore and develop oil and gas properties internationally.

Going concern

These financial statements have been prepared  on  a  going  concern basis
which assumes the Company will be able to realize its assets and discharge
its  liabilities  in  the  normal  course  of business for the foreseeable
future.  The Company has incurred losses since  inception  resulting in an
accumulated deficit of $117,479 as at January 31, 2007 and further  losses
are  anticipated  in  the  development of its business raising substantial
doubt about the Company's ability  to  continue  as  a going concern.  The
ability  to  continue  as  a going concern is dependent upon  the  Company
generating profitable operations  in  the  future  and/or  to  obtain  the
necessary  financing  to  meet  its  obligations and repay its liabilities
arising from normal business operations  when  they  come  due. Management
intends  to  finance  operating  costs  over  the next twelve months  with
existing cash on hand and loans from directors and or private placement of
common stock.

Unaudited Interim Financial Statements

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, 2006 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 six months ended January 31, 2007 are  not
necessarily  indicative  of  the results that may be expected for the year
ending July 31, 2007.

Note 2   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. At January 31, 2007, the Company has
recorded accrued interest of $164 on the Note. 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

<PAGE> 6

AAA ENERGY INC.
(Formerly AAA MINERALS INC.)
(An Exploration Stage Company)
NOTES TO THE INTERIM FINANCIAL STATEMENTS
(Stated in US Dollars)
January 31, 2007
(Unaudited)

___________________________________________________________________________

Note 2   Convertible Note (continued)

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. At January 31, 2007 the Company owed $50,164 on this
Note comprising of principal of $50,000 and accrued interest of $164.

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 $45,813.  This  value  was  recorded  as
additional paid in capital  and  is  being  deferred and amortized over the
term of the Note. During the six months ended  January 31, 2007, $1,909 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.

In  addition and in accordance with EITF 00-27, 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  $4,125  as  common
stock purchase warrants.

Note 3  Income Taxes

At January 31,  2007,  the Company has accumulated non-capital loss carry-
forwards of approximately  $117,000, which are available to reduce taxable
income in future taxation years.  These losses expire beginning 2027.  Due
to the uncertainty of realization of  these  loss  carry-forwards,  a full
valuation allowance had been provided for this deferred tax asset.



<PAGE>7

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.  One
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 still in the process of completing a due diligence
investigation of various opportunities in the oil and gas sector, as well as the
base and precious metals sectors.  However, there is no guarantee that we will
be able to reach any agreement to acquire such assets.

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

During the quarter, the Company announced that we are proceeding with the sale
of up to $1,000,000 in convertible notes to finance potential acquisition of
natural resource projects and working capital requirements, including
administrative expenses and costs incurred in connection with our review of
potential projects.  Although upon the completion of the convertible notes
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 JANUARY 31, 2007

We did not earn any revenues during the six-month period ending January 31,
2007.  We incurred operating expenses in the amount of $55,862 for the six-month
period ended January 31, 2007.  Our operating expenses were comprised of travel
and promotion costs of $22,848, consulting fees of $21,151, accounting and audit
fees of $5,873, office expenses of $2,190, interest expense of $2,073, filing
and transfer agent fees of $1,474 and bank charges of $253.

At January 31, 2007, we had total assets of $66,421 consisting entirely of cash
and $43,587 in liabilities consisting of accounts payable and accrued
liabilities of $37,327 and $6,260 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 January 31, 2007.  This
evaluation was conducted by our chief executive officer, Bruno Fruscalzo, and
our principal accounting officer, Albert Au.

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.

<PAGE>8

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.


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

<PAGE>9

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 January 31, 2007, we filed the following current report
on Form 8-K:

On January 11, 2007, we filed a current report on Form 8-K disclosing that Bruno
Fruscalzo had been appointed as our president, chief executive officer and
director in place of Dr. Earl Abbott, who remains a director of the Company.  We
concurrently announced that we are proceeding with the sale of up to $1,000,000
in convertible notes, which are convertible into units in the capital of the
company at a conversion price of one unit for each $0.40 of principal.  Each
unit shall consist of one share of common stock in the capital of the company
and one two-year non-transferable share purchase warrant entitling the holder to
acquire an additional share of common stock for $0.60.


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:  March 16, 2007

AAA Energy, Inc.

/s/ Bruno Fruscalzo
------------------------------
Bruno Fruscalzo, President


/s/ Albert Au
-------------------------------
Albert Au, Director



<PAGE>10