UNITED STATES


SECURITIES AND EXCHANGE COMMISSION


Washington, DC 20549





FORM 10-Q/A


Amendment No. 1





[X]
            Quarterly
      Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of
      1934For
      the quarterly period ended November 30, 2009[  ]
            Transition
      Report pursuant to 13 or 15(d) of the Securities Exchange Act of
      1934





For
the transition period from ___________________ to
___________________





Commission
File Number    000-52322





Gulf United Energy, Inc.


(Exact
name of small Business Issuer as specified in its charter)




Nevada
            20-5893642(State
      or other jurisdiction of incorporation or organization)
            (IRS
      Employer Identification
              No.)





P.O Box 22165;  Houston,
Texas  77227-2165


(Address
of principal executive offices)  (Postal or Zip Code)





(713) 942-6575


(Registrant's
telephone number, including area code)





N/A


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





Indicate
by check mark whether the registrant (1) has 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 registrant 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 large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See definitions of “large accelerated filer”, “accelerated
filer” and “smaller reporting company” in Rule 12b-2 of the Exchange
Act.





Large
      accelerated filer
            [ 
       ]
            Accelerated
      filer
            [ 
       ]Non-accelerated
      filer
            [  
      ]
            Smaller
      reporting company
            [X]





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





APPLICABLE
ONLY TO CORPORATE ISSUERS





As
of January 15, 2010, there were approximately 26,350,000 shares of $0.001 par
value common stock issued and outstanding.








EXPLANATORY
NOTE





We are
filing this Amendment to our Form 10-Q for the quarterly period ended
November 30, 2009 (“Original Quarterly Report”), in response to certain
comments made by the staff of the SEC (the “Staff”). In response to those comments,
we have amended and restated the disclosure in Item 4 of Part 1, Controls
and Procedures, to describe the remediation that was undertaken between August
31, 2009 and November 30, 2009 to address the lack of effectiveness of our
disclosure controls and procedures over financial reporting that existed as of
August 31, 2009.





Except as
described above, the remainder of the Original Quarterly Report is unchanged and
does not reflect events occurring after the filing of the Original Quarterly
Report with the SEC on January 20, 2010. Accordingly, this Amendment should be
read in conjunction with the Original Quarterly Report.





ITEM
4.  CONTROLS AND PROCEDURES





Evaluation
of Disclosure Controls





Our
Principal Executive Officer and Principal Financial Officer, after evaluating
the effectiveness of our disclosure controls and procedures (as defined in Rule
13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period
covered by this report, have concluded that, based on the evaluation of these
controls and procedures, that our disclosure controls and procedures were
effective.   We maintain disclosure controls and procedures that
are designed to ensure that information required to be disclosed by us in the
reports that we file or submit to the Securities and Exchange Commission under
the Securities Exchange Act of 1934, as amended, is recorded, processed,
summarized, and reported within the time periods specified by the Securities and
Exchange Commission's rules and forms, and that information is accumulated and
communicated to our management, including our principal executive and principal
financial officers (whom we refer to in this periodic report as our Certifying
Officers), as appropriate to allow timely decisions regarding required
disclosure. Our management evaluated, with the participation of our Certifying
Officers, the effectiveness of our disclosure controls and procedures as of
January 15, 2010, pursuant to Rule 13a-15(b) under the Securities Exchange
Act.  Based upon that evaluation, our Certifying Officers concluded
that, as of November 30, 2009, our disclosure controls and procedures were
effective.





Changes
to Internal Controls and Procedures over Financial Reporting





For the
fiscal year ended August 31, 2009, our Principal Executive Officer
and Principal Financial Officer identified the following material
weaknesses:





1)
            As
      of August 31, 2009, effective controls over the control environment were
      not maintained.  Specifically, a formally adopted written code
      of business conduct and ethics that governs the Company’s employees,
      officers and director was not in place.  In addition, management
      has not developed and effectively communicated it accounting policies and
      procedures.  This has resulted in some inconsistent
      practices.  Further, the Board of Directors does not have any
      independent members and no director qualifies as an audit committee
      financial expert as defined in Item 407(d)(5)(ii) of Regulation
      S-B.  Since these entity-level programs have a potentially
      pervasive effect across the organization, management has determined that
      those circumstances constitute a material weakness.2)
            As
      of August 31, 2009, effective controls over financial statement
      disclosures were not maintained.  Specifically, controls were
      not designed and in place to ensure that all disclosures required were
      originally addressed in our financial
  statements.





Our
internal control over financial reporting has been modified during our most
recent fiscal quarter by implementing a written code of business conduct and
ethics.  We have also implemented new internal procedures to ensure we
provide more complete and timely disclosures to those responsible for drafting
the financial statements.





Management’s
Remediation Plans





We will
look to add additional directors to our board of directors that qualify as
independent members, at least one of which that would also qualify as an audit
committee financial expert.  There can be no assurance, however, based
on our limited resources, that we will be able to attract individuals willing to
serve as directors of the Company or who would qualify as an audit committee
financial expert.





Limitations
on the Effectiveness of Controls





Our
management does not expect that our disclosure controls or our internal controls
over financial reporting will prevent all errors and fraud. A control system, no
matter how well conceived and operated, can provide only reasonable, but not
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.


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Item 6. Exhibits and Reports on Form
10-Q





31.1
            Certifications
      pursuant to Rule 13a-14(a) under the Securities Exchange Act of
      193432.1
            Certifications
      pursuant to 18 U.S.C. Section 1350, as adopted  pursuant to
      Section 906 of the Sarbanes-Oxley Act of
2002








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.





Gulf
United Energy, Inc.





/S/ DON WILSON


Don
Wilson, President and C.E.O.


(Principal
Executive Officer)





DATED:  May
3, 2010








/S/ DAVID POMERANTZ


David
Pomerantz, CFO


Principal
Financial Officer and


Principal
Accounting Officer





DATED:  May
3, 2010


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