| Colorado                                      |   | 20-8224855            |
|-----------------------------------------------|--------|-----------------------|
| (State or other jurisdictionof incorporation) |   | (IRS Employer ID No.) |

| Large accelerated filer  [  ]                                                                                                                                | Accelerated filer  [  ] |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------|
| Non-accelerated filer  [  ] (Do not check if a              smaller reporting company) | Smaller reporting company  [X]    |

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|     |                                                                                                                       | Page No.  |
|----------|----------------------------------------------------------------------------------------------------------------------------|-----------|
|     |                                                                                                                       |      |
| Item 1.  | Financial Statements                                                                                                       | 3         |
|     | Balance Sheets as of May 31, 2010 (unaudited) and August 31, 2009                                                          | F-1       |
|     | Unaudited Statement of Operations for the Three Months EndedMay 31, 2010 and 2009                                          |  F-2 |
|     | Unaudited Statement of Operations for the Nine Months EndedMay 31, 2010 and 2009                                           |  F-3 |
|     | Unaudited Statement of Cash Flows for the Nine Month Periods EndedMay 31, 2010 and 2009 and From Inception to May 31, 2010 |  F-4 |
|     | Unaudited Statement of Shareholders’ Equity                                                                          | F-5       |
|     | Notes to Consolidated Financial Statements                                                                                 | F-6       |
| Item 2.  | Management’s Discussion and Analysis of Financial Condition andResults of Operations.                                |  10  |
| Item 3.  | Quantitative and Qualitative Disclosures About Market Risk.                                                                | 13        |
| Item 4T. | Controls and Procedures.                                                                                                   | 14        |
|     |                                                                                                                       |      |
|     | PART II                                                                                                                    |      |
|     | OTHER INFORMATION                                                                                                          |      |
|     |                                                                                                                       |      |
| Item 1.  | Legal Proceedings.                                                                                                         | 15        |
| Item 1A. | Risk Factors.                                                                                                              | 15        |
| Item 2.  | Unregistered Sales of Equity Securities and Use of Proceeds.                                                               | 15        |
| Item 3.  | Defaults Upon Senior Securities.                                                                                           | 15        |
| Item 4.  | Submission of Matters to a Vote of Security Holders.                                                                       | 15        |
| Item 5.  | Other Information.                                                                                                         | 15        |
| Item 6.  | Exhibits.                                                                                                                  | 15        |
|     | Signatures                                                                                                                 | 16        |

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|                                                                             |   | Page No.  |
|----------------------------------------------------------------------------------|--------|-----------|
| FINANCIAL STATEMENTS                                                             |   |      |
|                                                                             |   |      |
| Balance Sheet                                                                    |   | F-1       |
| Unaudited Statement of OperationsFor the Three MonthsEnded May 31, 2010 and 2009 |   |  F-2 |
| Unaudited Statement of Operations for the Nine monthsEnded May 31, 2010 and 2009 |   |  F-3 |
| Unaudited Statement of Cash Flows                                                |   | F-4       |
| Unaudited Statement of Shareholders’ Equity                                |   | F-5       |
| Footnotes to the Consolidated Financial Statements                               |   | F-6       |

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|                                                                                                                                    |   | UnauditedMay31, 2010 |     |   | AuditedAugust31, 2009 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------|----------|--------|-----------------------|--------|
|                                                                                                                                    |   |                 |     |   |                  |   |
| ASSETS                                                                                                                                  |   |                 |     |   |                  |   |
|                                                                                                                                    |   |                 |     |   |                  |   |
| Current Assets:                                                                                                                         |   |                 |     |   |                  |   |
|                                                                                                                                    |   |                 |     |   |                  |   |
| Prepaid expenses                                                                                                                        |   | $                    | 1000     |   |                  |   | — |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| Total Current Assets                                                                                                                    |   | $                    | 1,000    |   |                  |   | — |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| TOTAL ASSETS                                                                                                                            |   | $                    | 1,000    |   |                  | $      | — |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                              |   |                 |     |   |                  |   |   |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| Accounts payable                                                                                                                        |   | $                    | 1,466    |   |                  | $      | 9,575 |   |
| Interest payable                                                                                                                        |   |                 | —  |   |                  |   | 580 |   |
| Note payable related party                                                                                                              |   |                 | —  |   |                  |   | 12,000 |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| TOTAL LIABILITIES                                                                                                                       |   |                 | 1,466    |   |                  |   | 22,155 |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| SHAREHOLDERS’ EQUITY                                                                                                              |   |                 |     |   |                  |   |   |   |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| Preferred stock, $.10 par value per share; Authorized     1,000,000 Shares; Issued and outstanding -0- shares. |   |                 | —  |   |                  |   | — |   |
| Common Stock, $.001 per share; Authorized 50,000,000     Shares; Issued and outstanding 14,558,000 shares      |   |                 | 14,558   |   |                  |   | 9,158 |   |
| Capital paid in excess of par value                                                                                                     |   |                 | 85,039   |   |                  |   | 37,826 |   |
| (Deficit) accumulated during the development stage                                                                                      |   |                 | (100,063 | )      |                  |   | (69,139 | ) |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| TOTAL SHAREHOLDERS’ EQUITY                                                                                                        |   |                 | (466     | )      |                  |   | (22,155 | ) |
|                                                                                                                                    |   |                 |     |   |                  |   |   |   |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                        |   | $                    | 1,000    |   |                  | $      | — |   |

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|                                        |   | 3 MonthsEnded May31, 2010 |       |   | 3 MonthsEnded May31, 2009 |   |
|---------------------------------------------|--------|---------------------------|------------|--------|---------------------------|--------|
|                                        |   |                      |       |   |                      |   |
| Revenue:                                    |   | $                         | —    |   |                      | $      | — |   |
|                                        |   |                      |       |   |                      |   |   |   |
| General & Administrative Expenses       |   |                      |       |   |                      |   |   |   |
|                                        |   |                      |       |   |                      |   |   |   |
| Accounting                                  |   |                      | 1,950      |   |                      |   | 2,000 |   |
| Legal                                       |   |                      | 7,724      |   |                      |   | — |   |
| Office                                      |   |                      | —    |   |                      |   | — |   |
| Stock transfer                              |   |                      | (237       | )      |                      |   | — |   |
|                                        |   |                      |       |   |                      |   |   |   |
| Total General & administrative expenses |   |                      | 9,437      |   |                      |   | 2,000 |   |
|                                        |   |                      |       |   |                      |   |   |   |
| (Loss) before other income                  |   |                      | (9,437     | )      |                      |   | (2,000 | ) |
|                                        |   |                      |       |   |                      |   |   |   |
| Other income (expense)                      |   |                      |       |   |                      |   |   |   |
| Interest income                             |   |                      | —    |   |                      |   | 2 |   |
| Interest (expense)                          |   |                      | —    |   |                      |   | (180 | ) |
|                                        |   |                      |       |   |                      |   |   |   |
| Total other income (expense)                |   |                      | —    |   |                      |   | (178 | ) |
|                                        |   |                      |       |   |                      |   |   |   |
| Net (Loss)                                  |   | $                         | (9,437     | )      |                      | $      | (2,178 | ) |
|                                        |   |                      |       |   |                      |   |   |   |
| Basic (Loss) Per Share                      |   |                      | (0.00      | )      |                      |   | (0.00 | ) |
|                                        |   |                      |       |   |                      |   |   |   |
| Weighted Average Common Shares Outstanding  |   |                      | 12,758,000 |   |                      |   | 9,158,000 |   |

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|                                       |   | 9 MonthsEnded May31, 2010 |       |   | 9 MonthsEnded May31, 2009 |   |      | January 11,2007 (inception)Through May31, 2010 |   |
|--------------------------------------------|--------|---------------------------|------------|--------|---------------------------|--------|-----------|------------------------------------------------|--------|
|                                       |   |                      |       |   |                      |   |      |                                           |   |
| Revenue                                    |   | $                         | —    |   |                      | $      | —   |                                           |   | $ | — |   |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| General and administrative expenses        |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Accounting                                 |   |                      | 10,305     |   |                      |   | 8,250     |                                           |   |   | 29,685 |   |
| Consulting                                 |   |                      | —    |   |                      |   | —   |                                           |   |   | 8,500 |   |
| Legal                                      |   |                      | 17,234     |   |                      |   | —   |                                           |   |   | 36,579 |   |
| Office                                     |   |                      | 120        |   |                      |   | 309       |                                           |   |   | 7,450 |   |
| Stock transfer fees                        |   |                      | 3,209      |   |                      |   | 1,575     |                                           |   |   | 11,727 |   |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Total General and administrative expenses  |   |                      | 30,868     |   |                      |   | 10,134    |                                           |   |   | 93,941 |   |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| (Loss) before other income                 |   |                      | (30,868    | )      |                      |   | (10,134   | )                                              |   |   | (93,941 | ) |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Other income (expense)                     |   |                      |       |   |                      |   |      |                                           |   |   | — |   |
| Debt release                               |   |                      | —    |   |                      |   | 1,616     |                                           |   |   | 1,616 |   |
| Interest income                            |   |                      | —    |   |                      |   | 6         |                                           |   |   | 148 |   |
| Interest (expense)                         |   |                      | (56        | )      |                      |   | (7,650    | )                                              |   |   | (7,886 | ) |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Total other income (expense)               |   |                      | (56        | )      |                      |   | (6,028    | )                                              |   |   | (6,122 | ) |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Net (Loss)                                 |   | $                         | (30,924    | )      |                      | $      | (16,162   | )                                              |   | $ | (100,063 | ) |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Basic (Loss) Per Share                     |   | $                         | (0.00      | )      |                      | $      | (0.00     | )                                              |   |   |   |   |
|                                       |   |                      |       |   |                      |   |      |                                           |   |   |   |   |
| Weighted Average Common Shares Outstanding |   |                      | 13,958,000 |   |                      |   | 9,158,000 |                                           |   |   | 12,758,000 |   |

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|                                                                                         |   | 9 MonthsEnded May31, 2010 |    | 9 MonthsEnded May31, 2009 |   |   | January 11,2007 (inception)Through May31, 2010 |    |
|----------------------------------------------------------------------------------------------|--------|---------------------------|---------|---------------------------|--------|--------|------------------------------------------------|---------|
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |
| Net (Loss)                                                                                   |   | $                         | (30,924 | )                         |   |   | $                                              | (16,162 | ) |   | $ | (100,063 | ) |
| Adjustments to reconcile decrease in net assets to net cashprovided by operating activities: |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Stock issued for services                                                                    |   |                      | — |                      |   |   |                                           | — |   |   |   | 8,500 |   |
| Cash expenses paid by shareholder as a note payable                                          |   |                      | — |                      |   |   |                                           | 4,750   |   |   |   | 4,750 |   |
| Cash expenses paid by shareholder contributed as capital                                     |   |                      | 39,977  |                      |   |   |                                           | 7,250   |   |   |   | 54,677 |   |
| (Increase) in prepaid expenses                                                               |   |                      | (1,000  | )                         |   |   |                                           |    |   |   |   | (1,000 | ) |
| Interest accretion                                                                           |   |                      | — |                      |   |   |                                           |    |   |   |   | 7,250 |   |
| Increase (Decrease) in interest payable                                                      |   |                      | (580    | )                         |   |   |                                           | 400     |   |   |   | — |   |
| Increase (Decrease) in accounts payable                                                      |   |                      | (8,109  | )                         |   |   |                                           | 2,768   |   |   |   | 1,466 |   |
| Net cash provided by operation activities                                                    |   |                      | (636    | )                         |   |   |                                           | (994    | ) |   |   | (24,420 | ) |
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Cash flows from investing activities:                                                        |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
|                                                                                         |   |                      | — |                      |   |   |                                           | — |   |   |   | — |   |
| Net cash (used) in investing activities                                                      |   |                      | — |                      |   |   |                                           | — |   |   |   | — |   |
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Cash flows from financing activities:                                                        |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Issuance of common stock                                                                     |   |                      | — |                      |   |   |                                           | — |   |   |   | 50,000 |   |
| Deferred offering costs                                                                      |   |                      | — |                      |   |   |                                           | — |   |   |   | (26,216 | ) |
| Interest paid in exchange for common stock                                                   |   |                      | 636     |                      |   |   |                                           | — |   |   |   | 636 |   |
| Net cash provided from financing activities                                                  |   |                      | 636     |                      |   |   |                                           | — |   |   |   | 24,420 |   |
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Net increase in cash                                                                         |   |                      | — |                      |   |   |                                           | (994    | ) |   |   | — |   |
| Cash at beginning of period                                                                  |   |                      | — |                      |   |   |                                           | 1,825   |   |   |   | — |   |
| Cash at end of period                                                                        |   | $                         | — |                      |   |   | $                                              | 831     |   |   | $ | — |   |
|                                                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Supplemental disclosure information:                                                         |   |                      |    |                      |   |   |                                           |    |   |   |   |   |   |
| Note issued for payments made by officer on behalf of Company                                |   | $                         | — |                      |   |   | $                                              | 12,000  |   |   | $ | 12,000 |   |
| Stock issued for services                                                                    |   | $                         | — |                      |   |   | $                                              | — |   |   | $ | 8,500 |   |
| Stock issued in exchange for Notes Payable                                                   |   | $                         | — |                      | 0      |   |                                           | — |   |   | $ | 12,636 |   |

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|                                                                                                                                                           |   | Number ofCommonShares Issued |       |   | CommonStock |   |    | Capital PaidIn Excessof Par Value |   |   | RetainedEarnings(Deficit) |   |   | Total  |     |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------|------------|--------|-------------|--------|---------|-----------------------------------|--------|--------|---------------------------|--------|--------|--------|----------|
| Balance at January 11, 2007 (Inception)                                                                                                                        |   |                         | —    |   |        | $      | — |                              |   | $      | —                   |   |   | $      | —  |   |   | $ | — |   |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| January 12, 2007 issued 8,500,000shares of par value $.001 common stock forservices valued at or $.001 per share                                               |   |                         | 8,500,000  |   |        |   | 8,500   |                              |   |   | —                   |   |   |   |     |   |   |   | 8,500 |   |
| January 12, 2007 issued 500,000shares of par value $.001 common stockfor cash of $500 or $.001 per share\                                                      |   |                         | 500,000    |   |        |   | 500     |                              |   |   | —                   |   |   |   |     |   |   |   | 500 |   |
| April 23, 2007 issued 40,000shares of par value $.001 common stockfor cash of $20,000 or $.50 per share                                                        |   |                         | 40,000     |   |        |   | 40      |                              |   |   | 19,960                    |   |   |   |     |   |   |   | 20,000 |   |
| August 24, 2007 issued 114,000shares of par value $.001 common stockfor cash of $28,500 or $.25 per share                                                      |   |                         | 114,000    |   |        |   | 114     |                              |   |   | 28,386                    |   |   |   |     |   |   |   | 28,500 |   |
| August 28, 2007 issued 4,000shares of par value $.001 common stockfor cash of $1,000 or $.25 per share                                                         |   |                         | 4,000      |   |        |   | 4       |                              |   |   | 996                       |   |   |   |     |   |   |   | 1,000 |   |
| Deferred Offering Costs                                                                                                                                        |   |                         |       |   |        |   |    |                              |   |   | (26,216                   | )      |   |   |     |   |   |   |   |   |
| Net (Loss)                                                                                                                                                     |   |                         | —    |   |        |   | — |                              |   |   | —                   |   |   |   | (12,179  | ) |   |   | (12,179 | ) |
| Balance at August 31, 2007                                                                                                                                     |   |                         | 9,158,000  |   |        |   | 9,158   |                              |   |   | 23,126                    |   |   |   | (12,179  | ) |   |   | 20,105 |   |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| Net (Loss)                                                                                                                                                     |   |                         | —    |   |        |   | — |                              |   |   | —                   |   |   |   | (24,164  | ) |   |   | (24,164 | ) |
| Balance at August 31, 2008                                                                                                                                     |   |                         | 9,158,000  |   |        |   | 9,158   |                              |   |   | 23,126                    |   |   |   | (36,343  | ) |   |   | (4,059 | ) |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| Expenses paid by officer                                                                                                                                       |   |                         |       |   |        |   |    |                              |   |   | 14,700                    |   |   |   |     |   |   |   | 14,700 |   |
| Net (Loss)                                                                                                                                                     |   |                         | —    |   |        |   | — |                              |   |   | —                   |   |   |   | (32,796  | ) |   |   | (32,796 | ) |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| Balance at August 31, 2009                                                                                                                                     |   |                         | 9,158,000  |   |        |   | 9,158   |                              |   |   | 37,826                    |   |   |   | (69,139  | ) |   |   | (22,155 | ) |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| Expenses paid by officer                                                                                                                                       |   |                         |       |   |        |   |    |                              |   |   | 39,977                    |   |   |   |     |   |   |   | 39,977 |   |
| September 28, 2009 issued 5,400,000shares of par value $.001 common stockin exchange for notes payable and accruedinterest totaling $12,636 or $.002 per share |   |                         | 5,400,000  |   |        |   | 5,400   |                              |   |   | 7,236                     |   |   |   |     |   |   |   | 12,636 |   |
| Net (Loss)                                                                                                                                                     |   |                         | —    |   |        |   | — |                              |   |   | —                   |   |   |   | (30,924  | ) |   |   | (30,924 | ) |
|                                                                                                                                                           |   |                         |       |   |        |   |    |                              |   |   |                      |   |   |   |     |   |   |   |   |   |
| Balance at May 31, 2010 (Unaudited)                                                                                                                            |   |                         | 14,558,000 |   |        | $      | 14,558  |                              |   | $      | 85,039                    |   |   | $      | (100,063 | ) |   | $ | (466 | ) |

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|   | • | Develop Our Existing Properties.  We intend to identify further drilling locations on properties we acquire by revitalizing older wells, and utilizing digital spectral satellite maps among other accepted technologies to locate highest probability locations for new wells.  However, as of the date of this report we have not identified any acquisition properties and there can be no assurances that even if such properties are so identified we will be able to acquire the same on favorable terms, or at all. |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | Maximize Operational Control.  We seek to operate properties we acquire and maintain a substantial working interest.  We believe the ability to control our potential drilling inventory will provide us with the opportunity to more efficiently allocate capital, manage resources, control operating and development costs, and utilize our experience and knowledge of oilfield technologies. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Exhibit No. | Description                                                                                                                    |
|-------------|--------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                           |
| 31.1        | Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                             |
|        |                                                                                                                           |
| 31.2        | Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002                             |
|        |                                                                                                                           |
| 32          | Certification of Chief Executive Officer and Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 |

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| Date:  July 1, 2010 | UBIQUITECH SOFTWARE CORPORATION By:  s/Pardeep Singh_________________________       Pardeep Singh, Chief Executive Officer/       Chief Financial Officer  |
|-------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|