UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

(Mark One)

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

                      For the quarter ended March 31, 2008

                                       OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

         For the transition period from ______________ to ______________

                        Commission File Number 333-141060


                         MINHAS ENERGY CONSULTANTS, INC.
             (Exact name of registrant as specified in its charter)

           Nevada                                                98-0518266
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

             Suite 110, 1915 - 27 Avenue NE Calgary Alberta T2E 7E4
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code: (403) 735-5009

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. 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 [ ]

Number of shares  outstanding  of the  registrant's  class of common stock as of
April 15, 2008: 6,475,000

Authorized share capital of the registrant: 100,000,000 common shares, par value
of $0.001

The Company recorded $nil revenue for the nine months ended March 31, 2008.
<PAGE>
                           FORWARD-LOOKING STATEMENTS

THIS QUARTERLY REPORT ON FORM 10-QSB CONTAINS PREDICTIONS, PROJECTIONS AND OTHER
STATEMENTS ABOUT THE FUTURE THAT ARE INTENDED TO BE "FORWARD-LOOKING STATEMENTS"
WITHIN THE MEANING OF SECTION 21E OF THE  SECURITIES  EXCHANGE  ACT OF 1934,  AS
AMENDED (COLLECTIVELY, "FORWARD-LOOKING STATEMENTS"). FORWARD-LOOKING STATEMENTS
INVOLVE  RISKS AND  UNCERTAINTIES.  A NUMBER OF  IMPORTANT  FACTORS  COULD CAUSE
ACTUAL  RESULTS  TO  DIFFER   MATERIALLY  FROM  THOSE  IN  THE   FORWARD-LOOKING
STATEMENTS. IN ASSESSING FORWARD-LOOKING  STATEMENTS CONTAINED IN THIS QUARTERLY
REPORT ON FORM  10-QSB,  READERS  ARE  URGED TO READ  CAREFULLY  ALL  CAUTIONARY
STATEMENTS  - INCLUDING  THOSE  CONTAINED  IN OTHER  SECTIONS OF THIS  QUARTERLY
REPORT ON FORM 10-QSB.  AMONG SAID RISKS AND  UNCERTAINTIES IS THE RISK THAT THE
COMPANY WILL NOT SUCCESSFULLY  EXECUTE ITS BUSINESS PLAN, THAT ITS MANAGEMENT IS
ADEQUATE TO CARRY OUT ITS BUSINESS PLAN AND THAT THERE WILL BE ADEQUATE  CAPITAL
OR THEY MAY BE UNSUCCESSUFL FOR TECHNICAL, ECONOMIC OR OTHER REASONS.

                         PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                                                                     Page Number
                                                                     -----------

     Balance Sheets................................................       3

     Statements of Operations......................................       4

     Statement of Stockholder's Equity.............................       5

     Statements of Cash Flows......................................       6

     Notes to the Financial Statements.............................       7

                                       2
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)

                                  BALANCE SHEET

<TABLE>
<CAPTION>
                                                            March 31,         December 31,
                                                              2008               2007
                                                            --------           --------
                                                           (unaudited)
<S>                                                         <C>                <C>
ASSETS

Current assets
  Cash and bank accounts                                    $ 10,831           $ 35,550
                                                            --------           --------

      Total current assets                                    10,831             35,550

Website, net of accumulated amortization (Note 7)              1,364              1,567
                                                            --------           --------

Total assets                                                $ 12,195           $ 37,117
                                                            ========           ========

LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities
  Accounts payable & accrued liabilities                    $  1,000           $  3,000
                                                            --------           --------

      Total liabilities                                        1,000              3,000
                                                            --------           --------

Stockholders' equity (Note 4,5)
  Authorized:
    100,000,000 common shares
    Par value $0.001
  Issued and outstanding:
    6,475,000 common shares                                    6,475              6,475
  Additional paid-in capital                                  96,775             96,775
  Deficit accumulated during the development stage           (92,055)           (69,133)
                                                            --------           --------

      Total stockholders' equity                              11,195             34,117
                                                            --------           --------

Total liabilities and stockholders' equity                  $ 12,195           $ 37,117
                                                            ========           ========
</TABLE>


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

                                       3
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)

                             STATEMENT OF OPERATIONS
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                              Cumulative
                                                                             Amounts From
                                                                               Date of
                                   Three Months         Three Months       Incorporation on
                                      ended                ended            May 11, 2006 to
                                     March 31,            March 31,            March 31,
                                       2008                 2007                 2008
                                    ----------           ----------           ----------
<S>                                 <C>                  <C>                  <C>
REVENUE                             $       --           $       --           $       --
                                    ----------           ----------           ----------
OPERATING EXPENSES
  Amortization                             203                  207                1,074
  General & Administrative               5,219                6,395               37,291
  Marketing                             17,500                   --               52,110
  Organization                              --                   --                1,500
  Website                                   --                   --                  500
                                    ----------           ----------           ----------
Loss from operations                   (22,922)              (6,602)             (92,475)

Foreign exchange gain                       --                   --                  420
                                    ----------           ----------           ----------

Loss before income taxes               (22,922)              (6,602)             (92,055)

Provision for income taxes                  --                   --                   --
                                    ----------           ----------           ----------

Net loss                            $  (22,922)          $   (6,602)          $  (92,055)
                                    ==========           ==========           ==========

Basic and diluted loss per
 Common share (1)
                                    ==========           ==========           ==========
Weighted average number of
 common shares outstanding
 (Note 4)                            6,475,000            6,475,000
                                    ==========           ==========
</TABLE>


----------
(1) less than $0.01


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

                                       4
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)

                        STATEMENT OF STOCKHOLDERS' EQUITY
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                         Deficit
                                                                                       Accumulated
                                             Common Stock              Additional      During the          Total
                                         ----------------------         Paid in        Development     Stockholders'
                                         Shares          Amount         Capital           Stage           Equity
                                         ------          ------         -------           -----           ------
<S>                                    <C>            <C>             <C>               <C>              <C>
Inception, May 11, 2006                       --        $    --        $     --        $      --         $     --

Initial capitalization, sale of
common stock to Directors on
May 11, 2006                           4,500,000          4,500                                             4,500

Private placement closed
September 30, 2006                     1,975,000          1,975          96,775                            98,750

Net loss for the year                         --             --              --           (9,055)          (9,055)
                                       ---------        -------        --------        ---------         --------
Balance December 31, 2006              6,475,000          6,475          96,775           (9,055)          94,195

Net loss for the year                         --             --              --          (60,078)         (60,078)
                                       ---------        -------        --------        ---------         --------
Balance December 31, 2007              6,475,000          6,475          96,775          (69,133)          34,117

Net loss for the period                       --             --              --          (22,922)         (22,922)
                                       ---------        -------        --------        ---------         --------
Balance March 31, 2008                 6,475,000        $ 6,475        $ 96,775        $ (92,055)        $ 11,195
                                       =========        =======        ========        =========         ========
</TABLE>


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

                                       5
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)

                             STATEMENT OF CASH FLOWS
                                   (unaudited)

<TABLE>
<CAPTION>
                                                                                               Cumulative
                                                                                              Amounts From
                                                                                                Date of
                                                      Three Months        Three Months      Incorporation on
                                                         ended               ended           May 11, 2006 to
                                                        March 31,           March 31,           March 31,
                                                          2008                2007                2008
                                                        ---------           ---------           ---------
<S>                                                    <C>                  <C>                  <C>
OPERATING ACTIVITIES
  Net loss for the period                               $ (22,922)          $  (6,602)          $ (92,055)
  Adjustments To Reconcile Net Loss To
   Net Cash Used By Operating Activities
     Amortization expense                                     203                 207               1,074
  Changes in operating assets and liabilities:
     Accounts payable and accrued liabilities              (2,000)                 --               1,000
                                                        ---------           ---------           ---------
Net cash used in operating activities                     (24,719)             (6,395)            (89,981)
                                                        ---------           ---------           ---------
INVESTING ACTIVITIES
  Website                                                      --                (138)             (2,438)
                                                        ---------           ---------           ---------
Net cash used in investing activities                          --                (138)             (2,438)
                                                        ---------           ---------           ---------
FINANCING ACTIVITIES
  Proceeds from issuance of common stock                       --                  --             103,250
                                                        ---------           ---------           ---------
Net cash provided by financing activities                      --                  --             103,250
                                                        ---------           ---------           ---------

(Decrease) increase in cash during the period             (24,719)             (6,533)             10,831

Cash, beginning of the period                              35,550              91,959                  --
                                                        ---------           ---------           ---------

Cash, end of the period                                 $  10,831           $  85,426           $  10,831
                                                        =========           =========           =========

Supplemental disclosure with respect to cash flows:
  Cash paid for income taxes                            $      --           $      --           $      --
  Cash paid for interest                                $      --           $      --           $      --
</TABLE>


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

                                       6
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 1. GENERAL ORGANIZATION AND BUSINESS

The Company was originally incorporated under the laws of the state of Nevada on
May 11, 2006. The Company has limited operations and in accordance with SFAS #7,
is  considered  a  development  stage  company,  and  has had no  revenues  from
operations to date.

Initial operations have included capital formation,  organization, target market
identification and marketing plans. Management is planning to provide consulting
engineering services to the oil and gas industry in Western Canada.

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRACTICES

The relevant accounting policies and procedures are listed below.

ACCOUNTING BASIS

The basis is generally accepted accounting principles.

EARNINGS PER SHARE

In February  1997,  the FASB issued SFAS No. 128,  "Earnings  Per Share",  which
specifies the computation, presentation and disclosure requirements for earnings
(loss) per share for entities  with  publicly  held common  stock.  SFAS No. 128
supersedes the provisions of APB No. 15, and requires the  presentation of basic
earnings (loss) per share and diluted earnings (loss) per share. The Company has
adopted the provisions of SFAS No. 128 effective its inception.

The basic earnings  (loss) per share is calculated by dividing the Company's net
income available to common shareholders by the weighted average number of common
shares during the year. The diluted  earnings  (loss) per share is calculated by
dividing the Company's net income (loss) available to common shareholders by the
diluted  weighted  average  number of shares  outstanding  during the year.  The
diluted  weighted  average  number of shares  outstanding  is the basic weighted
number  of  shares  adjusted  as of the  first of the  year for any  potentially
dilutive debt or equity.

The Company has not issued any options or warrants or similar  securities  since
inception.

                                       7
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 2. (CONTINUED)

DIVIDENDS

The Company has not yet adopted any policy  regarding  payment of dividends.  No
dividends have been paid during the periods shown.

CASH EQUIVALENTS

The Company  considers  all highly  liquid  investments  with  maturity of three
months or less when purchased to be cash equivalents.

INCOME TAXES

Income taxes are provided in accordance  with Statement of Financial  accounting
Standards No. 109 (SFAS 109),  Accounting for Income Taxes. A deferred tax asset
or liability is recorded for all temporary differences between financial and tax
reporting and net operating loss  carryforwards.  Deferred tax expense (benefit)
results  from  the net  change  during  the  year of  deferred  tax  assets  and
liabilities.

Deferred tax assets are reduced by a valuation allowance when, in the opinion of
management,  it is more likely than not that some portion of all of the deferred
tax assets will be realized.  Deferred tax assets and  liabilities  are adjusted
for the effects of changes in tax laws and rates on the date of enactment.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and disclosure of contingent  assets and liabilities at the date of
the financial statements and the reported amounts of revenue and expenses during
the reporting period. Actual results could differ from those estimates.

                                       8
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 2. (CONTINUED)

WEBSITE COSTS

Website costs consist of software development costs, which represent capitalized
costs  of  design,  configuration,  coding,  installation  and  testing  of  the
Company's  website up to its  initial  implementation.  Upon  implementation  in
December 2006, the asset is being amortized to expense over its estimated useful
life  of  three  years  using  the   straight-line   method.   Ongoing   website
post-implementation  costs of  operation,  including  training  and  application
maintenance, will be charged to expense as incurred. See Note 7.

NOTE 3. GOING CONCERN

The  accompanying  financial  statements  have been  prepared  assuming that the
Company  will  continue  as a going  concern,  which  contemplates,  among other
things,  the realization of assets and satisfaction of liabilities in the normal
course of business.  The Company has net losses for the period from inception to
March 31, 2008 of  $(92,055).  The Company  intends to fund  operations  through
sales and equity financing  arrangements,  which may be insufficient to fund its
capital  expenditures,  working capital and other cash requirements for the year
ended December 31, 2008.

The  ability of the Company to emerge from the  development  stage is  dependent
upon the  Company's  successful  efforts to raise  sufficient  capital  and then
attaining profitable operations.  In response to these problems,  management has
planned the following actions:

     *    The Company has completed an SB-2 Registration  Statement and obtained
          a trading symbol for its common shares on the OTCBB.

     *    Management intends to raise additional funds through public or private
          placement offerings.

     *    Management is currently evaluating prospective engineering projects to
          generate  revenue.   There  can  be  no  assurances,   however,   that
          management's expectations of future sales will be realized.

These factors, among others, raise substantial doubt about the Company's ability
to continue as a going concern.  These  financial  statements do not include any
adjustments that might result from the outcome of this uncertainty.

                                       9
<PAGE>
                         MINHAS ENERGY CONSUTLANTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 4. STOCKHOLDERS' EQUITY

AUTHORIZED

The Company is authorized to issue 100,000,000 shares of $0.001 par value common
stock. All common stock shares have equal voting rights,  are non-assessable and
have one vote per share.  Voting rights are not cumulative and,  therefore,  the
holders of more than 50% of the common  stock  could,  if they  choose to do so,
elect all of the directors of the Company.

ISSUED AND OUTSTANDING

On May 11, 2006  (inception),  the Company issued 4,500,000 shares of its common
stock to its Directors for cash of $4,500. See Note 5.

On September  30, 2006,  the Company  closed a private  placement  for 1,975,000
common  shares at a price of $0.05 per share,  or an aggregate  of $98,750.  The
Company accepted subscriptions from 38 offshore non-affiliated investors.

NOTE 5. RELATED PARTY TRANSACTIONS

The  Company's  neither  owns nor  leases  any real or  personal  property.  The
Company's  Directors  provides  office  space free of charge.  The  officers and
directors of the Company are involved in other  business  activities and may, in
the future,  become  involved  in other  business  opportunities.  If a specific
business  opportunity  becomes  available,  such  persons may face a conflict in
selecting  between the Company and their other business  interests.  The Company
has not formulated a policy for the resolution of such conflicts.

On May 11, 2006  (inception),  the Company issued 4,500,000 shares of its common
stock to its Directors for cash of $4,500. See Note 4.

NOTE 6. INCOME TAXES

Net  deferred  tax  assets  are $nil.  Realization  of  deferred  tax  assets is
dependent  upon  sufficient   future  taxable  income  during  the  period  that
deductible temporary differences and carry-forwards are expected to be available
to reduce taxable  income.  As the achievement of required future taxable income
is  uncertain,  the  Company  recorded a 100%  valuation  allowance.  Management
believes it is likely that any deferred tax assets will not be realized.

                                       10
<PAGE>
                         MINHAS ENERGY CONSULTANTS, INC.
                          (A Development Stage Company)
                          NOTES TO FINANCIAL STATEMENTS
                                 March 31, 2008
                                   (unaudited)


NOTE 6. (CONTINUED)

As of December 31, 2007,  the Company has a net operating  loss carry forward of
approximately  $69,133, of which $9.055 will expire by December 31, 2026 and the
balance of $60,078 by December 31, 2027.

NOTE 7. WEBSITE

                                          Accumulated
                             Cost         amortization        Net book value
                             ----         ------------        --------------
     Website costs          $2,438          $1,074               $1,364
                            ======          ======               ======

Website costs are amortized on a straight line basis over 3 years, its estimated
useful life.

NOTE 8. OPERATING LEASES AND OTHER COMMITMENTS:

The  Company   currently  has  no  operating  lease  commitments  or  any  other
commitments.

                                       11
<PAGE>
ITEM 2. MANAGEMENT'S PLAN OF OPERATION

GENERAL OVERVIEW

Minhas Energy Consultants,  Inc. (referred to as "Minhas", "us", "we" and "our")
was  incorporated  on May 11, 2006, in the State of Nevada.  Minhas's  principal
executive  offices are located at Suite 110, 1915 - 27 Avenue NE Calgary Alberta
T2E 7E4. Our telephone  number is (403)  735-5009.  We are a  development  stage
company  with no  revenue  and  limited  operations  to  date.  There  can be no
assurance that we will generate  revenues in the future, or that we will be able
to operate  profitably in the future,  if at all. We have incurred net losses in
each fiscal year since inception of our operations. Since becoming incorporated,
we have not made any  significant  purchase or sale of assets,  nor have we been
involved in any mergers,  acquisitions or consolidations.  Our company has never
declared  bankruptcy,  it has never been in receivership,  and it has never been
involved in any legal action or proceedings.

Subsequent  to our  incorporation,  we have been in the process of  establishing
ourselves as a company that will focus its operations on providing  professional
engineering consulting services to the oil and gas industry. Our typical clients
may  include  petroleum  and  natural  gas  companies,  oil  service  companies,
utilities  and  manufacturing   companies  with  petroleum  and/or  natural  gas
interests and government agencies.

We are  providing  our  services  within  Western  Canada,  which  includes  the
provinces of Saskatchewan,  Alberta,  and British  Columbia.  We are focusing on
this area because it provides  approximately 93% of Canada's total  conventional
oil and gas  production  and is expected to remain the  dominant  area in to the
foreseeable  future.  Western  Canada is also well regarded  globally as a major
producer and recently has been  recognized  as a key to secure and stable future
oil  and gas  supplies  for  North  America.  It has  been an  active  area  for
exploration  and  production  for  over  60  years  and is  represented  by many
participants in all segments of the industry.

We are focusing our consulting  services on reservoir and petroleum  engineering
and  engineering  services  related  to  the  procurement  and  construction  of
infrastructure  for the  production  and  distribution  of oil and gas  from the
wellhead to the major transport systems for refining. These are two fast growing
engineering segments in the industry, and are presently experiencing significant
demand due to an  acceleration  of  exploration  activities  and a  shortage  of
related manpower.

We plan on  earning  our  revenues  by  charging  consulting  fees for  services
rendered. These fees, which will represent our primary source of revenues to our
company,  may be billed on an hourly  basis or fixed price  contracts.  Our long
term objective is to become a well recognized  consulting  engineering  company,
and to develop a well  rounded  contact and client base as we become  profitable
and generate revenues.

We have not yet entered into any engagements or consulting contracts.

PLAN OF OPERATION

The following discussion of the plan of operation,  financial condition, results
of  operations,  cash flows and  changes in  financial  position  of our Company
should be read in  conjunction  with our most recent  financial  statements  and
notes  appearing  elsewhere in this Form 10-QSB;  and our 10KSB for December 31,
2007.

Minhas Energy is a development  stage consulting  engineering  company with very
limited  operations to date, no revenue,  very limited financial backing and few
assets.  Our plan of operations is to establish  Minhas Energy as a company that
will  seek out oil and gas  consulting  engineering  opportunities  in  Alberta,
British Columbia and  Saskatchewan.  We will initially  concentrate on providing
consulting  engineering services in the reservoir and petroleum  engineering and
production facilities engineering segments of the oil and gas industry. We chose
this segment  because  there is currently  high demand for  consultants,  and we
believe demand will continue to increase in the  foreseeable  future.  These are
also segments that small  business such as ours that lack financial and manpower
resources,  can enter into far more  easily  than other  integrated  engineering
services or general contracting businesses.

                                       12
<PAGE>
Our business objectives are:

     *    To  become a well  recognized  and  respected  consulting  engineering
          company  oil  and gas  companies  in  Alberta,  British  Columbia  and
          Saskatchewan,  with a focus  on  reservoir/petroleum  engineering  and
          facilities engineering and project management.
     *    To develop a well rounded  client base and contacts  from which we can
          generate revenues and become profitable.
     *    To  build  long  term  relationships  with  many  of the  oil  and gas
          companies to expand our business and service offerings

Our goals over the next 12 months are:

     *    Build  awareness of our company in our target market through a program
          of direct  contact  and  advertising  through  selected  media that is
          focused on our prospective clients
     *    Achieve revenue by December 31, 2008.
     *    Achieve break even operations over the next 18 months

During the first stages of Minhas's  growth,  our officers  and  directors  will
provide all the labor required to execute our business plan at no charge.  Since
we intend to operate with very limited administrative  support, our officers and
directors will continue to be  responsible  for all labor required to market our
services  to  prospective  clients  and  perform  any  professional  engineering
services  for at least  the  first  year of  operations.  If we manage to obtain
engagements or contracts that necessitates the need for additional  professional
personnel, we plan on obtaining these services on an hourly contract basis only.
We presently  have no intention to hire  additional  employees  during our first
year  of  operations.  Due to  our  limited  financial  resources,  each  of the
management  team will  dedicate  approximately  10 - 20 hours a week in order to
carry out our operations.

RESULTS OF OPERATIONS

Our company  posted  losses of $22,922 for the three months ended March 31, 2008
compared to $6,602 for the three months ended March 31, 2007.  From inception to
March 31, 2008 we have incurred losses of $92,055.  The principal  components of
our losses for the three  months  ended  March 31,  2008  included  general  and
administrative  costs of $5,219,  marketing costs of $17,500 and amortization of
our website of $203. This compares to general and administrative costs of $6,395
and amortization of $207 in 2007.

LIQUIDITY AND CASH RESOURCES

At March 31,  2008,  we had  working  capital of $9,831,  compared to $32,550 at
December 31,  2007.  At March 31,  2008,  our total assets  consisted of cash of
$10,831 and  property and  equipment of $1,364,  compared to cash of $35,550 and
property and equipment of $1,567 at December 31, 2007.

How long we will be able to satisfy our cash requirements depends on how quickly
our company can generate revenue and how much revenue can be generated. Although
there can be no  assurance  at present,  we plan to be in a position to generate
revenues  within our current  fiscal.  Net  consulting fee revenue is defined as
gross  revenue  net of any direct  costs  that were  necessary  to  produce  the
revenue,  such as subcontractors,  travel and other direct costs attributable to
the  project  that we have to pay for.  Because  we only have  $9,831 in working
capital  remaining,  we are suspending  further marketing  expenditures and will
operate in a  corporate  maintenance  mode until we either  generate  revenue or
obtain additional financing.

Our future operations are also dependent upon the  identification and successful
completion of additional long-term or permanent equity financing, the support of
creditors and  shareholders,  and,  ultimately,  the  achievement  of profitable
operations.  There can be no assurances that we will be successful,  which would
in turn significantly  affect our ability to roll out our business plan. If not,
we will likely be required to reduce  operations  or liquidate  assets.  We will

                                       13
<PAGE>
continue to evaluate our projected  expenditures  relative to our available cash
and to seek  additional  means of  financing  in order to  satisfy  our  working
capital and other cash requirements.

If we fail to generate sufficient net revenues, we will need to raise additional
capital  to  continue  our  operations  thereafter.  We  cannot  guarantee  that
additional  funding will be available on favorable terms, if at all. Any further
shortfall will affect our ability to expand or even continue our operations.  We
cannot  guarantee that additional  funding will be available on favorable terms,
if at all.

ITEM 3. CONTROLS AND PROCEDURES

As required  by Rule  13a-15  under the  Exchange  Act,  we have  carried out an
evaluation  of the  effectiveness  of the design and  operation of our company's
disclosure  controls and  procedures as of the end of the period covered by this
quarterly report for the first quarter ended March 31, 2008. This evaluation was
carried out under the  supervision and with the  participation  of our company's
management, including our company's president and chief executive officer. Based
upon that evaluation,  our company's  president and chief executive  officer and
our chief financial officer concluded that our company's disclosure controls and
procedures  are  effective  as at the end of the period  covered by this report.
There have been no changes in our internal  controls  over  financial  reporting
that  occurred  during  our most  recent  fiscal  quarter  that have  materially
affected,  or are reasonably  likely to materially  affect our internal controls
over financial reporting.

Disclosure  controls and procedures are controls and other  procedures  that are
designed to ensure that  information  required to be disclosed in our  company's
reports  filed or  submitted  under the  Exchange  Act is  recorded,  processed,
summarized and reported, within the time periods specified in the Securities and
Exchange  Commission's  rules and  forms.  Disclosure  controls  and  procedures
include,  without  limitation,  controls and procedures  designed to ensure that
information  required to be disclosed in our  company's  reports filed under the
Exchange Act is  accumulated  and  communicated  to  management,  including  our
company's president as appropriate, to allow timely decisions regarding required
disclosure.

                           PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

None.

ITEM 2. CHANGES IN 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.

ITEM 5. OTHER INFORMATION

None.

                                       14
<PAGE>
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Pursuant to Rule 601 of Regulation  SB, the following  exhibits are included
herein or incorporated by reference.

  Exhibit
  Number                                Description
  ------                                -----------
    3.1        Articles of Incorporation*
    3.2        By-laws*
   31.1        Certification of CEO Pursuant to 18 U.S.C. ss. 1350, Section 302
   31.2        Certification  of CFO Pursuant to 18 U.S.C. ss. 1350, Section 302
   32.1        Certification  Pursuant  to 18 U.S.C.  ss.1350,  Section 906
   32.2        Certification  Pursuant  to 18 U.S.C.  ss. 1350, Section 906

----------
*    Incorporated by reference to our SB2  Registration  Statement,  File Number
     333-141060

(b) Reports on Form 8-K

None.

                                   SIGNATURES

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned,  thereunto duly authorized, on this 15th day of April
2008.

                               MINHAS ENERGY CONSULTANTS, INC.


Date: April 15, 2008           By: /s/ Monmohan Minhas
                                  ----------------------------------------------
                               Name:  Manmohan Minhas
                               Title: President/CEO, Principal Executive Officer


Date: April 15, 2008           By: /s/ Ravinder Minhas
                                  ----------------------------------------------
                               Name:  Ravinder Minhas
                               Title: Secretary Treasurer, Principal Financial
                                      and Accounting Officer

                                       15