SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
    1934

                For the quarterly period ended: February 29, 2008

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT


      For the transition period from ________________ to __________________


                        Commission File Number 333-145979


                             RIVER EXPLORATION, INC.
           ___________________________________________________________
           (Exact name of business issuer as specified in its charter)


             Nevada                                              20-5886006
_________________________________                            ___________________
  (State or other jurisdiction                                  (IRS Employer
of incorporation or organization)                            Identification No.)



                             112 North Curry Street
                           Carson City, Nevada, 89703
                    ________________________________________
                    (Address of principal executive offices)


                                 (775) 321-8267
                           __________________________
                           (Issuers telephone number)


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

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

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: As of April 7, 2008, the registrant
had 10,060,000 shares of common stock, $0.001 par value, issued and outstanding.

Transitional Small Business Disclosure Format (check one).
                                 Yes [ ] No [X]


<PAGE>


                                TABLE OF CONTENTS

                                                                           Page
                                                                          Number

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements - Unaudited

Interim Balance Sheets as of February 29, 2008 and November 30, 2007.........4

Interim Statements of Operations for the three months ended
February 29, 2008; the three months ended February 28, 2007
cumulative results from inception (November 1, 2006) to
February 29, 2008 ...........................................................5

Interim Statement of Stockholders Equity (Deficit) cumulative from
inception November 1, 2006 to February 29, 2008..............................6

Interim Statements of Cash Flows for the three months ended
February 29, 2008 and February 28, 2007; and cumulative
results from November 1, 2006 (date of inception) to February 29, 2008.......7

Notes to Interim Financial Statements for the three months
ended February 29, 2008......................................................8

Item 2. Management's Discussion and Analysis and Plan of Operation..........10

Item 3. Controls and Procedures.............................................12

PART II - OTHER INFORMATION

Item 1. Legal Proceedings...................................................12

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds ........12

Item 3. Defaults Upon Senior Securities ....................................12

Item 4. Submission of Matters to a Vote of Security Holders ................12

Item 5. Other Information ..................................................13

Item 6. Exhibits ...........................................................13


                                       2


<PAGE>


                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)

                          INTERIM FINANCIAL STATEMENTS

                      (Unaudited - Prepared by Management)

                                FEBRUARY 29, 2008















INTERIM BALANCE SHEETS

INTERIM STATEMENTS OF OPERATIONS

INTERIM STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)

INTERIM STATEMENTS OF CASH FLOWS

NOTES TO THE INTERIM FINANCIAL STATEMENTS








                                       3


<PAGE>

                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)

                             INTERIM BALANCE SHEETS
                                FEBRUARY 29, 2008
                 (With comparative figures at November 30, 2007)

                                         February 29, 2008     November 30, 2007
                                            (Unaudited)            (Audited)
________________________________________________________________________________

 ASSETS

 CURRENT ASSETS
     Cash                                    $   1,497             $   2,251
________________________________________________________________________________
 TOTAL ASSETS                                $   1,497             $   2,251
================================================================================

LIABILITIES AND STOCKHOLDERS' EQUITY
  (DEFICIT)

CURRENT LIABILITIES
      Accounts payable and accrued
         liabilities                         $  13,901             $   6,752
      Due to related party                         302                   302
________________________________________________________________________________
                                                14,203                 7,054
________________________________________________________________________________

STOCKHOLDERS' EQUITY (DEFICIT)
   Capital stock
     Authorized
      75,000,000 shares of common stock,
      $0.001 par value,
     Issued and outstanding
      10,060,000 (November 30, 2007 -
      10,060,000) shares of common stock        10,060                10,060

   Additional paid-in capital                   10,640                10,640

     Share subscription receivable                   -                     -

   Deficit accumulated during the
     exploration stage                         (33,406)              (25,503)
________________________________________________________________________________
     Total stockholders' deficit               (12,706)               (4,803)
________________________________________________________________________________
    Total Liabilities and Stockholders'
      Equity (Deficit)                       $   1,497             $   2,251
================================================================================


Going Concern (Note 1)
Commitments (Note 4)



______________________
Director

    The accompanying notes are an integral part of these financial statements


                                       4


<PAGE>

<TABLE>
<CAPTION>

                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF OPERATIONS
                      (Unaudited - Prepared by Management)

                                                                                    Cumulative
                                                                                    results of
                                                                                  operations from
                                                                                    November 1,
                                                Three months     Three months      2006 (date of
                                                   ended            ended          inception) to
                                                February 29,     February 28,      February 29,
                                                    2008             2007              2008
_________________________________________________________________________________________________
<S>                                             <C>              <C>                 <C>

EXPENSES

Office and general                              $       (927)    $       (302)       $  (4,592)
Natural resource property expenses (Note 4)                -                -           (2,880)
Professional fees                                     (6,976)               -          (25,934)
_________________________________________________________________________________________________

NET LOSS                                        $     (7,903)    $       (302)       $ (33,406)
=================================================================================================


BASIC AND DILUTED NET LOSS PER COMMON SHARE     $       0.00     $       0.00
=============================================================================

WEIGHTED AVERAGE NUMBER OF BASIC AND
DILUTED COMMON SHARES OUTSTANDING                 10,060,000        9,500,000
=============================================================================


    The accompanying notes are an integral part of these financial statements

</TABLE>


                                       5

<PAGE>

<TABLE>
<CAPTION>

                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)

               INTERIM STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
         Cumulative from inception November 1, 2006 to February 29, 2008
                      (Unaudited - Prepared by Management)

                                                                                                             Deficit
                                                                                                           Accumulated
                                                   Common Stock            Additional        Share         During the
                                           _____________________________    Paid-in       Subscription     Exploration
                                           Number of shares    Amount       Capital        Receivable         Stage         Total
____________________________________________________________________________________________________________________________________
<S>                                            <C>            <C>           <C>             <C>             <C>            <C>

Common stock issued for cash at $0.001
per share
- November 16, 2006                            9,500,000      $  9,500      $      -        $       -       $       -      $  9,500
- Share Subscription receivable                        -             -             -           (9,500)              -        (9,500)

Net Loss for the period ended November
30, 2006                                               -             -             -                -          (1,413)       (1,413)
____________________________________________________________________________________________________________________________________

Balance, November 30, 2006                     9,500,000         9,500             -           (9,500)         (1,413)       (1,413)
____________________________________________________________________________________________________________________________________

Share Subscription Received                            -             -             -            9,500               -         9,500

Common stock issued for cash at $0.02
per share - October 2007                         440,000           440         8,360                -                         8,800
          - November 2007                        120,000           120         2,280                                          2,400

Net loss for the year ended November
30, 2007                                               -             -             -                -         (24,090)      (24,090)
____________________________________________________________________________________________________________________________________

Balance, November 30, 2007                    10,060,000        10,060        10,640                -         (25,503)       (4,803)
____________________________________________________________________________________________________________________________________

Net loss for the period ended February
29, 2008                                               -             -             -                -          (7,903)       (7,903)
____________________________________________________________________________________________________________________________________

Balance, February 29, 2008                    10,060,000      $ 10,060      $ 10,640        $       -       $ (33,406)     $(12,706)
====================================================================================================================================


    The accompanying notes are an integral part of these financial statements

</TABLE>


                                       6

<PAGE>

<TABLE>
<CAPTION>

                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)

                        INTERIM STATEMENTS OF CASH FLOWS
                      (Unaudited - Prepared by Management)

                                                                                    Cumulative
                                                                                    results of
                                                                                  operations from
                                                                                    November 1,
                                                Three months     Three months      2006 (date of
                                                   ended            ended          inception) to
                                                February 29,     February 28,      February 29,
                                                    2008             2007              2008
_________________________________________________________________________________________________
<S>                                             <C>              <C>                 <C>

CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss for the period                       $     (7,903)    $       (302)       $ (33,406)

  Adjustment to reconcile net loss to net cash
  used in operating activities
  - accounts payable and accrued liabilities           7,149                -           13,901
_________________________________________________________________________________________________

NET CASH USED IN OPERATING
ACTIVITIES                                              (754)               -          (19,505)
_________________________________________________________________________________________________

CASH FLOW FROM INVESTING ACTIVITY                          -                -                -
_________________________________________________________________________________________________

CASH FLOWS FROM FINANCING ACTIVITIES
  Proceeds from issuance of common stock                   -                -           20,700
  Share subscription received                              -            9,500                -
  Shareholder loan                                         -              302              302
_________________________________________________________________________________________________

NET CASH PROVIDED BY FINANCING ACTIVITIES                  -            9,802           21,302
_________________________________________________________________________________________________

NET INCREASE (DECREASE) IN CASH                         (754)           9,500            1,497

CASH, BEGINNING OF PERIOD                              2,251                -                -
_________________________________________________________________________________________________

CASH, END OF PERIOD                             $      1,497     $      9,500        $   1,497
=================================================================================================

Supplemental cash flow information (Note 8):
Cash paid for:
  Interest                                      $          -     $          -        $       -
=================================================================================================

  Income taxes                                  $          -     $          -        $       -
=================================================================================================


    The accompanying notes are an integral part of these financial statements

</TABLE>


                                       7


<PAGE>


                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                  FOR THE THREE MONTHS ENDED FEBRUARY 29, 2008
                      (Unaudited - Prepared by Management)
________________________________________________________________________________

NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION
________________________________________________________________________________

River Exploration, Inc. (the "Company") was incorporated on November 1, 2006
under the laws of the State of Nevada and extra-provincially registered under
the laws of the Province of British Columbia on January 11, 2007. The Company is
in the initial exploration stage and was organized to engage in the business of
natural resource exploration in the Province of British Columbia.

GOING CONCERN

These financial statements have been prepared assuming the Company will continue
as a going concern, which contemplates, among other things, the realization of
assets and liabilities in the normal course of business. The Company commenced
operations on November 1, 2006 and has not realized revenues since inception.
The Company has a deficit accumulated to the period ended February 29, 2008 in
the amount of $33,406. The ability of the Company to continue as a going concern
is dependent on raising capital to fund its business plan and ultimately to
attain profitable operations. Accordingly, these factors raise substantial doubt
as to the Company's ability to continue as a going concern. The Company funded
its initial operations by way of Founders shares. As of February 29, 2008 the
Company had issued 9,500,000 founders shares at $0.001 per share for net
proceeds of $9,500 to the Company. The Company also issued a further 560,000
shares to various investors at $0.02 per share for net proceeds of $11,200 to
the Company.

NOTE 2 - BASIS OF PRESENTATION
________________________________________________________________________________

These interim financial statements have been prepared in accordance with U.S.
generally accepted accounting principles for financial information and with the
instructions to Form 10-Q and Item 310(b) of Regulation S. In the opinion of
management, all adjustments (consisting of normal recurring accruals) considered
necessary for a fair presentation have been included. Operating results for the
three months ended February 29, 2008 are not necessarily indicative of the
results that may be expected for any interim period or an entire year. The
Company applies the same accounting policies and methods in its interim
financial statements as those in the most recent audited annual financial
statements, except as noted in note 3.

NOTE 3 - NEWLY ADOPTED ACCOUNTING STANDARDS
________________________________________________________________________________

In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for
Financial Assets and Financial Liabilities". This Statement permits entities to
choose to measure many financial assets and financial liabilities at fair value.
Unrealized gains and losses on items for which the fair value option has been
elected are reported in earnings. SFAS No. 159 is effective for fiscal years
beginning after November 15, 2007. The Company adopted SFAS No. 159 effective
December 1, 2007.

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements"
("SFAS No. 157"). SFAS 155 establishes framework for measuring fair value and
expands disclosures about fair value measurements. The changes to current
practice resulting from the application of this statement relate to the
definition of fair value, the methods used to measure fair value, and the
expanded disclosures about fair value measurements. The statement is effective
for fiscal years beginning after November 15, 2007 and periods within those
fiscal years. The Company adopted SFAS No. 157 effective December 1, 2007.


                                       8


<PAGE>


                             RIVER EXPLORATION, INC.
                         (An Exploration Stage Company)
                    NOTES TO THE INTERIM FINANCIAL STATEMENTS
                  FOR THE THREE MONTHS ENDED FEBRUARY 29, 2008
                      (Unaudited - Prepared by Management)
________________________________________________________________________________

NOTE 3 - NEWLY ADOPTED ACCOUNTING STANDARDS (continued)
________________________________________________________________________________

In June 2006, the Financial Accounting Standards Board ("FASB") issued
Accounting for Uncertain Tax Positions - an Interpretation of FASB Statement No.
109, FIN 48, which prescribes a recognition and measurement model for uncertain
tax positions taken or expected to be taken in the Company's tax returns. FIN 48
provides guidance on recognition, classification, presentation, and disclosure
of unrecognized tax benefits. FIN 48 was effective for fiscal years beginning
after December 15, 2006. The Company adopted FIN 48 effective December 1, 2007.

The adoption of these new pronouncements does not have a material effect on the
Company's financial position or results of operations.

NOTE 4 - NATURAL RESOURCE PROPERTIES and RELATED EXPLORATION EXPENSES
________________________________________________________________________________

On December 31, 2006 the Company entered into an option agreement, amended on
March 28, 2008, with its President to purchase 100% undivided interest in two
mining claims located in the Invermere area, British Columbia, Canada.

The Company, according to the option agreement, must complete exploration
expenditure of $12,500 on or before September 30, 2008. A further $45,000 of
completed exploration expenditures on or before March 31, 2009 for aggregate
minimum exploration expenses of $57,500. As of February 29, 2008 the Company has
expended $2,880 and has to expend $9,620 prior to September 30, 2008.

Upon exercise of the option the Company agrees to pay the President, commencing
July 1, 2009, the sum of $35,000 per annum for as long as the Company holds any
interest in the Claims.








                                       9


<PAGE>


ITEM 2: MANAGEMENT DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

OVERVIEW

River Exploration, Inc. ("River Exploration" the "Company," "we," "us" ) is an
exploration stage company, incorporated on November 1, 2006, in the State of
Nevada, to engage in the business of natural resource exploration in the
Province of British Columbia.

The Company did not generate any revenue during the quarter ended February 29,
2008.

Total expenses for the quarter ending February 29, 2008 were $7,903 resulting in
an operating loss for the fiscal quarter of $7,903. The operating loss for the
period is a result of professional, office and general expenses.

Accounts payable for the quarter ended February 29, 2008 are $13,901.

As of February 29, 2008 the Director of the Company has advanced $302 to
maintain the company's operations. This amount is unsecured, non-interest
bearing and without specific terms of repayment.

As at the quarter ended February 29, 2008 the Company had $1,497 of cash.

On August 11, 2007 the Company filed a registration form SB-2 with the SEC. The
form SB-2 was deemed effective as of October 9, 2007 at 3:00PM Eastern Time.

PLAN OF OPERATION

We anticipate that our current cash and cash equivalents and cash generated from
operations is insufficient to satisfy our liquidity requirements for the next 12
months. We expect to incur exploration and administrative expenses as well as
professional fees and other expenses associated with maintaining our SEC
filings. We will require additional funds during such time and will seek to
raise additional capital. If we are unable to obtain additional financing, we
may be required to reduce the scope of our business plan, which could harm our
business, financial condition and operating results. Additional funding may not
be available on favorable terms, if at all.

Over the next 12 months we plan to raise the necessary capital through the sale
of our common stock to begin our staged exploration activities on our mineral
titles to determine if there are economically feasible mineral reserves situated
thereon.

The initial stage of our exploration operations will be to (i) perform a legal
survey to relocate the exact boundaries of the nine reverted crown claims, (ii)
geologically map and rock sample the unmapped portion of the property, (iii)
locate the Delos showing and map and sample the surrounding area, (iv) check the
1988 gold soil anomalies from 6+00N and 7+00N (see the 1988 survey "Geological
and Geochemical Report on the Pretty Girl Claim Group"). Once these activities
are completed we plan to (i) construct a road from the Law Creek road to the
Pretty Girl showing, (ii) trench the Pretty Girl showing using a backhoe or
bulldozer to locate the mineralized horizon along strike, (iii) perform
approximately 1,500 feet of diamond drilling on the Pretty Girl showing to test
the surface mineralization at depth, (iv) hand trench and blast the showing to
expose the adit and test for mineralization along strike and (v) hand trench and
blast the Delos showing if indicated.


                                       10


<PAGE>


The final stage consists of further diamond drilling to delineate grade and
tonnage and is contingent upon favorable results from the first two stages or
our exploration activity. We anticipate our exploration expenditures for
consulting services, core drilling and sample analysis to be $63,800. We also
expect to spend an additional $12,000 on administration and office expenses.

We do not anticipate purchase or sale any plant or equipment.

We do not anticipate hiring any employees.

OFF BALANCE SHEET ARRANGEMENTS

As of the date of this quarterly report, the current funds available to the
Company will not be sufficient to continue operations. The cost to establish the
Company and begin operations has been estimated at $75,800 over the next twelve
months and the cost of maintaining its reporting status is estimated to be
$11,200 over the same period. Our officer and director, Mr. Aird has undertaken
to provide the Company with initial operating capital to sustain our business
over the next twelve month period, as the expenses are incurred, in the form of
a non-secured loan. However, there is no contract in place or written agreement
securing this agreement. Management believes if the Company cannot raise
sufficient revenues or maintain our reporting status with the SEC we will have
to cease all efforts directed towards the Company. As such, any investment
previously made would be lost in its entirety.

The Company also has an Option Agreement (amended) in place with its sole
officer and director, Andrew Aird, whereby Mr. Aird gives and grants to the
company the sole and exclusive right and option to acquire an undivided 100% of
the right, title and interest of Mr. Aird in and to the Claims, subject to
consideration of the following:

     (a)  The Company, or its permitted assigns, incurring exploration
          expenditures on the Claims of a minimum of $12,500 on or before
          September 30, 2008; and

     (b)  The Company, or its permitted assigns, incurring exploration
          expenditures on the Claims of a further $45,000 (for aggregate minimum
          exploration expenses of $57,500) on or before March 31, 2009; and

     (c)  Upon exercise of the Option, River Exploration agrees to pay Vendor,
          commencing July 1, 2009, the sum of $35,000 per annum for so long as
          River Exploration, or its permitted assigns, holds any interest in the
          Claims.

The Company is dependent upon the sale of its common shares to obtain the
funding for the required amount of exploration for the Company to exercise the
option to acquire the rights to the claims from the current officer and
director, Mr. Aird. Currently there is no written agreement in place with Mr.
Aird for the renegotiation or extension of time to fulfill the requirements.
However, Mr. Aird, who is an officer and director of the Company, has indicated
he would consider renegotiating the current option agreement in the future if it
were in the best interest of the company. Investors should be aware that Mr.
Aird's expression is neither a contract nor agreement between him and the
Company.

There are no other off-balance sheet arrangements currently contemplated by
management or in place that are reasonably likely to have future effect on the
business, financial condition, revenue, or expenses and/or result of operations.


                                       11


<PAGE>


Other than the above described situation the Company does not have any
off-balance sheet arrangements that have or are reasonably likely to have a
current or future effect on the Company's financial condition, changes in
financial condition, revenues or expenses, results of operations, liquidity,
capital expenditures or capital resources that are material to investors. The
term "off-balance sheet arrangement" generally means any transaction, agreement
or other contractual arrangement to which an entity unconsolidated with the
Company is a party, under which the Company has (i) any obligation arising under
a guarantee contract, derivative instrument or variable interest; or (ii) a
retained or contingent interest in assets transferred to such entity or similar
arrangement that serves as credit, liquidity or market risk support for such
assets.

ITEM 3. CONTROLS AND PROCEDURES

Based on their most recent evaluation, which was completed within 90 days of the
filing of this Form 10-QSB, the Company's Chief Executive Officer and Treasurer
have identified that the lack of segregation of accounting duties as a result of
limited personnel resources is a material weakness of its financial procedures.
Other than for this exception, the Company's Chief Executive Officer and
treasurer believe the Company's disclosure controls and procedures (as defined
in Exchange Act Rules 13a-14 and 15d-14) are effective to ensure that
information required to be disclosed by the Company in this report is
accumulated and communicated to the Company's management, including its
principal executive officer and principal financial officer, as appropriate, to
allow timely decisions regarding required disclosure. There were no significant
changes in the Company's internal controls or other factors that could
significantly affect these controls subsequent to the date of their evaluation
and there were no corrective actions with regard to significant deficiencies and
material weaknesses.

PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

The Company is not a party to any pending legal proceedings, and no such
proceedings are known to be contemplated.

No director, officer, or affiliate of the Company and no owner of record or
beneficial owner of more than 5.0% of the securities of the Company, or any
associate of any such director, officer or security holder is a party adverse to
the Company or has a material interest adverse to the Company in reference to
pending litigation.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

        None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

        None.

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

        None.


                                       12


<PAGE>


ITEM 5. OTHER INFORMATION

On March 28, 2008, the Board of Directors voted to approve an amendment to the
Option To Purchase Agreement with its President dated December 31, 2006 by
extending the March 31, 2008 deadline to complete the required exploration
expenditure in the amount of $12,500 to September 30, 2008.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

31.1 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Executive Officer

31.2 Rule 13(a)-14(a)/15(d)-14(a) Certification of Chief Financial Officer *

32.1 Section 1350 Certification of Chief Executive Officer

32.2 Section 1350 Certification of Chief Financial Officer **

*     Included in Exhibit 31.1
**    Included in Exhibit 32.1



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.

                        RIVER EXPLORATION, INC.


                        By: /s/ ANDREW AIRD
                            _________________________________________________
                                Andrew Aird
                                President, Secretary Treasurer,
                                Principal Executive Officer,
                                Principal Financial Officer and sole Director

                                Dated:  April 9, 2008


                                       13