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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                   FORM 10-QSB

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                     FOR THE PERIOD ENDING DECEMBER 31, 2005

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                              DELEK RESOURCES, INC.
             (Exact name of registrant as specified in its charter)

            Florida                       333-40799              84-1346897
(State or other jurisdiction of    (Commission File Number)  (I.R.S. Employer
incorporation or organization)                               Identification No.)

          1224 Washington Avenue, Miami Beach, Florida               33139
            (Address of principal executive offices)              (Zip Code)

       Registrant's telephone number, including area code: (305) 531-1174


          (Former name or former address, if changed since last report)

Copies of all communications, including all communications sent to the agent for
service, should be sent to:

                         Joseph I. Emas, Attorney at Law
                             1224 Washington Avenue
                           Miami Beach, Florida 33139

                             Telephone: 305.531.1174

Check whether the Issuer (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 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|_|

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date.

As of December 31, 2005, 35,749,624 shares of $.01 par value common stock were
issued and outstanding.

Transitional Small Business Disclosure Format (check one) Yes|_| No |X|

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


<PAGE>

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PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements (unaudited)

         Condensed Balance Sheet at December 31, 2005

         Condensed Statements of Operations for the Three and Six Months Ended
         December 31, 2005 and  December 31, 2004

         Condensed Statements of Cash Flows for the Three and Six Months Ended
         December 31, 2005 and December 31, 2004

         Notes to Condensed Financial Statements

Item 2.  Management's Discussion and Analysis of Financial Conditions and
         Results of Operations

Item 3.  Controls and Procedures

PART II. OTHER INFORMATION

Item 1.  Legal Proceedings

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

Item 3.  Defaults upon Senior Securities

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

Item 5.  Other Information

Item 6.  Exhibits

Signatures


<PAGE>

                            DELEK RESOURCES, INC.

              F/k/a THE HAVANA REPUBLIC, INC. AND SUBSIDIARIES

                                BALANCE SHEET

                              December 31 2005

                                   ASSETS

<TABLE>
<S>                                                                                                  <C>
CURRENT ASSETS
CASH                                                                                                 $        --
                                                                                                     -----------

TOTAL ASSETS                                                                                         $        --
                                                                                                     ===========


                     LIABILITIES AND SHAREHOLDS' DEFICIT

CURRENT LIABILITIES
Cash overdraft                                                                                       $        28
Accrued expenses                                                                                           4,743
Due to related party                                                                                   1,756,257
                                                                                                     -----------
                                                                                                       1,761,028

SHAREHOLDERS' DEFICIT

Common stock, no par value authorized 50,000,000 shares authorized;
35,749,624 shares issued and outstanding and additional paid-in capital                                4,406,524
Convertible preferred stock - Series A, authorized 2,500 shares, 0 shares issued and outstanding              --
Convertible preferred stock - Series B, authorized 500,000 shares, 0 shares issued and outstanding            --
Convertible preferred stock - Series C, authorized 100 shares, 0 shares issued and outstanding                --
Convertible preferred stock - Series D, authorized 50 shares, 0 shares issued and outstanding                 --
Accumulated defecit                                                                                   (6,167,552)
                                                                                                     -----------
TOTAL SHAREHOLDERS' DEFECIT                                                                           (1,761,028)

TOTAL LIABILITIES AND SHAREHOLDERS' DEFECIT                                                          $        --
                                                                                                     ===========
</TABLE>


             See accompanying notes to the financial statements.


<PAGE>

                              DELEK RESOURCES, INC.

                F/k/a THE HAVANA REPUBLIC, INC. AND SUBSIDIARIES

                           STATEMEMENTS OF OPERATIONS

                    FOR THE THREE AND SIX MONTHS DECEMBER 31,

<TABLE>
<CAPTION>
                                                For the three month's ended      For the six month's ended
                                                         Decmber 31,                    Decmber 31,
                                                ----------------------------    ----------------------------
                                                    2005           2004             2005            2004
                                                ------------    ------------    ------------    ------------
<S>                                             <C>             <C>             <C>             <C>
REVENUES                                        $         --    $         --    $         --    $         --
                                                ------------    ------------    ------------    ------------

EXPENSES:
Exploration costs                                         --              --              --         194,463
General and administrative                            37,612          43,648          67,637          90,904
                                                ------------    ------------    ------------    ------------
TOTAL OPERATING EXPENSES                              37,612          43,648          67,637         285,367

NET LOSS                                        $    (37,612)   $    (43,648)   $    (67,637)   $   (285,367)
                                                ============    ============    ============    ============

NET LOSS PER COMMON SHARE - BASIC AND DILUTED   $      (0.00)   $      (0.00)   $      (0.00)   $      (0.01)
                                                ============    ============    ============    ============
WEIGHTED AVERAGE NUMBER OF SHARES
OUTSTANDING - BASIC AND DILUTED                   35,732,707      27,633,133      35,730,258      27,633,133
                                                ============    ============    ============    ============
</TABLE>

               See accompanying notes to the financial statements.

<PAGE>

                              DELEK RESOURCES, INC.

                F/k/a THE HAVANA REPUBLIC, INC. AND SUBSIDIARIES

                           STATEMEMENTS OF CASH FLOWS

                    FOR THE THREE MONTHS ENDED SEPTEMBER 30,

                                                         2005            2004
                                                       --------        --------
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                               $(67,637)       $(43,648)
Common stock issued for services                          3,263
Change in liabilities
Increase in accrued expenses                              4,299              --
Increase in due to related party                         60,000              --
                                                       --------        --------
Net cash used in operating activities                       (75)        (43,648)
                                                       --------        --------

CASH FLOWS FROM financing activities
Cash overdraft                                               28


NET INCREASE IN CASH                                        (47)        (43,648)
CASH - Beginning of period                                   47             211
                                                       --------        --------
CASH - End of period                                   $     --        $(43,437)
                                                       ========        ========

      See accompanying notes to the financial statements.


<PAGE>

--------------------------------------------------------------------------------

                              DELEK RESOURCES, INC.

                F/k/a THE HAVANA REPUBLIC, INC. AND SUBSIDIARIES

                          NOTES TO FINANCIAL STATEMENTS

                   For the Six months ended December 31, 2005

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Business

Delek Corp. ("the Company") was formed on August 14, 2003 for the purpose of
petroleum exploration and production. The Company's primary focus is on
development drilling or producing properties as well as low-cost high potential
exploration prospects in North America.

As further discussed in Note B, the Company has been acquired, and financing has
been obtained, to facilitate the commencement of petroleum exploration and
production operations

Use of Estimates

Management of the Company has made a number of estimates and assumptions
relating to the reporting of assets and liabilities at the date of the
consolidated financial statements and the reported amounts of revenues and
expenses during the reporting period to prepare these consolidated financial
statements in conformity with accounting principles generally accepted in the
United States of America. Actual results could differ from those estimates and
assumptions.

Concentrations of Credit Risk

Financial instruments, which potentially subject the Company to concentration of
credit risk, consist principally of cash. Cash and bank accounts may at times
exceed federally insured limits. The Company believes it is not exposed to any
significant credit risk.

Oil and Gas Properties

The Company uses the successful efforts method of accounting for oil and gas
producing activities. Costs to acquire mineral interests in oil and gas
properties, to drill and equip exploratory wells that find proven reserves, and
to drill and equip development wells are capitalized. Costs to drill exploratory
wells that do not find proven reserves, geological and geophysical costs, and
costs of carrying and retaining unproven properties are expensed.

Unproven oil and gas properties that are individually significant are
periodically assessed for impairment of value, and a loss is recognized at the
time of impairment by providing an impairment allowance. Other unproved
properties are amortized based on the Company's experience of successful
drilling and average holding period. Capitalized costs of producing oil and gas
properties, after considering estimated residual salvage values, are depreciated
and depleted by the unit-of-production method. Support equipment and other
property and equipment are depreciated over their estimated useful lives.

On the sale or retirement of a complete unit of a proved property, the cost and
related accumulated depreciation, depletion, and amortization are eliminated
from the property accounts, and the resultant gain or loss is recognized. On the
retirement or sale of a partial unit or proved property, the cost is charged to
accumulated depreciation, depletion, and amortization with a resulting gain or
loss recognized in income.

Other Property and Equipment

Property and equipment are recorded at cost. Depreciation is provided for over
the estimated useful lives of the respective assets using the straight-line
method for financial reporting purposes and the accelerated method for income
tax purposes. Amortization of the leasehold improvements is provided for on the
straight-line method over the term of the lease. Maintenance, repairs, and minor
renewals are charged to expense as incurred while expenditures that materially
increase values, change capacities, or extend useful lives are capitalized.

Research and Development Costs

Generally accepted accounting principles state that costs that provide no
discernible future benefits, or allocating costs on the basis of association
with revenues or among several accounting periods that serve no useful purpose,
should be charged to expense in the period occurred. SFAS No. 2 "Accounting for
Research and Development Costs" requires that certain costs be charged to
current operations including, but not limited to: salaries and benefits;
contract labor; consulting and professional fees; depreciation; repairs and
maintenance on operational assets used in the production of prototypes; testing
and modifying product and service capabilities and design; and, other similar
costs.


<PAGE>

Long-Lived Assets and Asset Impairment

It is the Company's policy to review the carrying value of long-lived assets for
impairment whenever events or changes in circumstances indicate that the
carrying value of such assets may not be recoverable. Measurement of the
impairment loss is based on the fair value of the asset.

Income Taxes

Deferred tax assets and liabilities are recognized for the future tax
consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
bases and operating loss and tax credit carry forwards. Deferred tax assets and
liabilities are measured using enacted tax rates expected to apply to taxable
income in the years in which those temporary differences are expected to be
recovered or settled. The effect on deferred tax assets and liabilities or a
change in tax rate is recognized in income in the period that includes the
enactment date. Deferred tax assets are reduced to estimated amounts to be
realized by use of a valuation allowance.

The principal types of temporary differences between assets and liabilities for
financial statement and tax return purposes are net operating loss carry
forwards.

NOTE A - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - continued

Loss per Common Share

Basic loss per share is computed by dividing net loss, after deducting preferred
stock dividends accumulated during the period, by the weighted-average number of
shares of common stock outstanding during each period. Diluted earnings per
share are computed by dividing net loss by the weighted average number of shares
of common stock and potentially dilutive securities outstanding during each
period. Potentially dilutive securities have not been included in the
computation of diluted loss per share because it would be anti-dilutive.

Revenue Recognition

Revenue will be recognized when earned on the basis of production for drilling
operations pursuant of the terms of the relevant mining agreements and SAB 101
and SAB 104.

Recent Accounting Pronouncements:

The Financial Accounting Standards Board has recently issued several new
accounting pronouncements which may apply to the Company.

Statement No. 146, "Accounting for Exit or Disposal Activities" ("SFAS 146")
addresses the recognition, measurement, and reporting of cost that are
associated with exit and disposal activities that are currently accounted for
pursuant to the guidelines set forth in EITF 94-3, "Liability Recognition for
Certain Employee Termination Benefits and Other Costs to exit an Activity
(including Certain Cost Incurred in a Restructuring)," cost related to
terminating a contract that is not a capital lease and one-time benefit
arrangements received by employees who are involuntarily terminated - nullifying
the guidance under EITF 94-3. Under SFAS 146, the cost associated with an exit
or disposal activity is recognized in the periods in which it is incurred rather
than at the date the Company committed to the exit plan. This statement is
effective for exit or disposal activities initiated after December 31, 2002 with
earlier application encouraged. The adoption of SFAS 146 has not had a material
impact on the Company's financial position, results of operations or liquidity.

Statement No. 148, "Accounting for Stock-Based Compensation--Transition and
Disclosure", amends FASB Statement No. 123, "Accounting for Stock-Based
Compensation." In response to a growing number of companies announcing plans to
record expenses for the fair value of stock options, Statement 148 provides
alternative methods of transition for a voluntary change to the fair value based
method of accounting for stock-based employee compensation. In addition,
Statement 148 amends the disclosure requirements of Statement 123 to require
more prominent and more frequent disclosures in financial statements about the
effects of stock-based compensation. The Statement also improves the timeliness
of those disclosures by requiring that this information be included in interim
as well as annual financial statements. In the past, companies were required to
make pro forma disclosures only in annual financial statements. The transition
guidance and annual disclosure provisions of Statement 148 are effective for
fiscal years ending after December 15, 2002, with earlier application permitted
in certain circumstances. The interim disclosure provisions are effective for
financial reports containing financial statements for interim periods beginning
after December 15, 2002. The Company adopted the disclosure provisions of
Statement 148 for the year ended December 31, 2002, but will continue to use the
method under APB 25 in accounting for stock options. The adoption of the
disclosure provisions of Statement 148 does not have a material impact on the
Company's financial position, results of operations or liquidity.


<PAGE>

In December 2003, the United States Securities and Exchange Commission issued
Staff Accounting Bulletin No. 104, "Revenue Recognition" ("SAB 104"), which
supersedes SAB 101, "Revenue Recognition in Financial Statements." The primary
purposes of SAB 104 is to rescind accounting guidance contained in SAB 101
related to multiple element revenue arrangements, which was superseded as a
result of the issuance of EITF 00-21, "Accounting for Revenue Arrangements with
Multiple Deliverables." While the wording of SAB 104 has changed to reflect the
issuance of EITF 00-21, the revenue recognition principles of SAB 101 remain
largely unchanged by the issuance of SAB 104. The adoption of SAB 104 does not
have a material impact on our company's financial statements.

NOTE B - GOING CONCERN

These financial statements have been prepared assuming that the Company will
continue as a going concern. The Company has operating and liquidity concerns,
has incurred an accumulated deficit of approximately $6,167,552 through the
period ended December 31, 2005, and current liabilities exceeded current assets
by approximately $1,761,028 at December 31, 2005. The Company continues to
pursue additional capital investment. However, there can be no assurance that
the Company will be able to successfully acquire the necessary capital to
continue their on-going development efforts and bring products to the commercial
market. These factors, among others, create an uncertainty about the Company's
ability to continue as a going concern.

NOTE C - BUSINESS COMBINATION

On October 20, 2003, the Company was merged into The Havana Republic, Inc. Under
the terms of agreement, Havana issued twenty seven million (27,000,000) shares
of common stock to the Company in exchange for 100% of the outstanding shares of
the Company. This transaction was recorded as a reverse acquisition. For U.S.
federal income tax purposes, it is intended that the merger qualify as a
reorganization within the meaning of the Internal Revenue Code of 1986, as
amended, and the parties hereto intend that the transactions contemplated by
this Agreement shall constitute a "plan of reorganization" within the meaning of
Section 368 of the Internal Revenue Code of 1986, as amended and Treasury
Regulations Sections 1.368-2(g) and 1.368-3(a). Our historical results of
operations after the merger will be those of Delek Resources, Inc. Also, balance
sheet amounts will be reflected at their historical costs and, thus, no goodwill
or other write up of assets will be recorded in the merger transaction.

NOTE D--COMMITMENTS AND MATERIAL AGREEMENTS

In January 2003, the Company entered into written employment agreements with the
executive officer. The employment agreement has a three- year term beginning
January 2003, and calls for annual compensation of $120,000 per year. The
employment contract includes an arrangement for severance pay in the event the
employee is terminated without "cause." In that event, the employee would be
entitled to compensation at the Base Salary at the then-effective rate for a
period of three months from the date of termination.


<PAGE>

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF
OPERATION

Management's Discussion and Analysis contains various "forward looking
statements" within the meaning of Section 21E of the Securities Exchange Act of
1934, as amended, regarding future events or the future financial performance of
the Company that involve risks and uncertainties. Certain statements included in
this Form 10-QSB, including, without limitation, statements related to
anticipated cash flow sources and uses, and words including but not limited to
"anticipates", "believes", "plans", "expects", "future" and similar statements
or expressions, identify forward looking statements. Any forward-looking
statements herein are subject to certain risks and uncertainties in the
Company's business, including but not limited to, reliance on key customers and
competition in its markets, market demand, product performance, technological
developments, maintenance of relationships with key suppliers, difficulties of
hiring or retaining key personnel and any changes in current accounting rules,
all of which may be beyond the control of the Company. The Company's actual
results could differ materially from those anticipated in these forward-looking
statements as a result of certain factors, including those set forth therein.

Management's Discussion and Analysis of Consolidated Results of Financial
Condition or Plan of Operation ("MD&A") should be read in conjunction with the
consolidated financial statements included herein. Further, this quarterly
report on Form 10-QSB should be read in conjunction with the Company's
Consolidated Financial Statements and Notes to Consolidated Financial Statements
included in its 2005 Annual Report on Form 10-KSB. In addition, you are urged to
read this report in conjunction with the risk factors described herein.

Delek Resources, Inc. f/k/a The Havana Republic, Inc., a Florida corporation
(the "Company") was formed on March 10, 1996. The Company was engaged in the
business of owning and operating upscale cigar emporiums devoted to the sale of
premium cigars and cigar related merchandise. The costs associated with the
ongoing operations of the Company made it exceedingly difficult to achieve
profitability in the business, which resulted in continuing losses. As a result
of those ongoing operating losses and expenses, the Company had a significant
working capital deficit, negative stockholder's equity, and almost no remaining
cash. The Company was unable to raise the required capital to continue its
business in that form and commenced plans to divest all of its operations and
sell substantially all of its assets. On September 25, 2002, the Company entered
into an asset purchase agreement whereby all of the operating assets of the
Company's cigar business were exchanged for the assumption of all of the
Company's liabilities. The transaction closed on November 15, 2002. As a
consequence, the Company had no assets or material liabilities.

On October 2, 2002, a preferred shareholder converted his preferred shares into
100,000,000 shares of common stock.

On July 24, 2003, the Company effectuated a 1 for 300 reverse stock split of the
Company's outstanding Common Stock. The principal effect of the reverse stock
split was that the number of shares of the Company's Common Stock issued and
outstanding was reduced from 189,941,113 shares as of June 30, 2003 to
approximately 633,133 shares. In addition, the Company's authorized number of
shares of Common Stock was reduced from 500,000,000 shares of Common Stock to
1,666,666 shares of Common Stock. Following the reverse stock split, the Company
amended the Company's Articles of Incorporation to increase of the Company's
authorized number of shares of Common Stock (post split) from 1,666,666 to
500,000,000 authorized shares of Common Stock. The preferred shareholders of the
Company agreed to the cancellation or conversion of their preferred shares.
Although shareholders have approved the right to a change in the domicile of the
Company, management has not determined when or if to implement a change of
domicile.

On October 20, 2003, Delek Corp., a Texas corporation, was merged into The
Havana Republic, Inc. As consideration for the merger, Delek Corp. or its
designees were issued 27 million shares of restricted common stock. The merger
was accounted for as a reverse acquisition Delek Corp. is an oil and gas
exploration company with its focus on combining proven undeveloped properties
and unproven low risk properties, as well as high risk high reward low
expenditure properties. At the time of the merger Delek Corp. owned all the
rights to the leasehold estates known as the Lodgepole Prospect in Stark County,
North Dakota.

In November 2003, a limited liability company wholly owned by shareholders of
the Company paid a deposit of $20,000 to an oil and gas company for the right to
purchase leasehold estates known as the Gallagher Gap Prospect in the State of
Nevada. The total purchase price of such leasehold estates is $100,000.


<PAGE>

In January 2004, a limited liability company wholly owned by shareholders of the
Company entered a lease agreement for the rights to 240 acres of land in
Beauregard Parrish in the southern region of the State of Louisiana. Under the
terms of the lease agreement, the lease obligation for such land shall be
satisfied through the application of future revenues, as defined. There can be
no assurances that any production may occur or, if productions occurs, that it
may prove profitable.

In October, 2004, the Company changed its name from The Havana Republic, Inc. to
Delek Resources, Inc. and was assigned a new symbol of "DLKR" for the trading of
its common stock on the over-the-counter Bulletin Board market.

The Lodgepole Reef Fairway Play - Williston Basin

This is an exploration activity for the Mississippian aged Lodgepole carbonate
build-ups in the Williston Basin of Montana and North Dakota. A new exploration
technique is being applied to this exploration activity, and, in management's
opinion, should it proves successful, it will be a very material event for the
Company. The Lodgepole limestone was deposited in a very shallow ancestral
Williston Basin. The carbonate formation was developed as thousands of small,
circular limestone build-ups, or "reefs". The average distribution of the
build-ups is about 4 reefs per square-mile section. The Lodgepole reefs were
deposited within a "fairway" a thousand miles long and thirty miles wide on the
shelf of the Williston Basin. The reservoirs may produce as much as 2,000
barrels per day (BOPD) at depths of 500 to 9,500 feet. The most prolific reefs
have each produced as much as 4,000,000 barrels of light, sweet oil. Delek Corp.
has leased two Lodgepole reefs, and signed a letter of intent for two additional
reef leaseholds and Delek Corp. will be the operator of this project. Delek
Corp. expects to start drilling operations in the second quarter of 2004. There
can be no assurances that any production may occur or, if productions occurs,
that it may prove profitable.

Gallagher Gap Prospect

In November 2003, a limited liability company wholly owned by shareholders of
the Company paid a deposit of $20,000 to an oil and gas company for the right to
purchase leasehold estates known as the Gallagher Gap Prospect in the State of
Nevada. The total purchase price of such leasehold estates is $100,000.
Beauregard Parrish. In January 2004, a limited liability company wholly owned by
shareholders of the Company entered a lease agreement for the rights to 240
acres of land in Beauregard Parrish in the southern region of the State of
Louisiana. Under the terms of the lease agreement, the lease obligation for such
land shall be satisfied through the application of future revenues, as defined.
The Company has targeted prospects in Louisiana which it plans to pursue in
accordance with its exploration and drilling strategy. There can be no
assurances that any production may occur or, if productions occurs, that it may
prove profitable.

Beauregard Parrish

In January 2004, a limited liability company wholly owned by shareholders of the
Company entered a lease agreement for the rights to 240 acres of land in
Beauregard Parrish in the southern region of the State of Louisiana. Under the
terms of the lease agreement, the lease obligation for such land shall be
satisfied through the application of future revenues, as defined. The Company
has targeted prospects in Louisiana which it plans to pursue in accordance with
its exploration and drilling strategy. There can be no assurances that any
production may occur or, if productions occurs, that it may prove profitable.

Joint venture agreement with Les Iles Petroles Internationaux, LLC

On March 23, 2004, Delek Corp., a wholly-owned subsidiary, signed a letter of
intent for a joint venture agreement with Les Iles Petroles Internationaux, LLC,
an affiliated company, to do exploration in the Williston Basin of North Dakota
where the Company has already secured a few leases, and in the Hardeman Basin in
Western Texas.

The joint venture will be exploring mainly for geologic formations called
Lodgepole reefs. The Company plans to start drilling at some of these locations
in the next 30 days. The joint venture provides Delek Corp. with a 20% interest
in up to 100 future drilling sites. Final details of the agreement are subject
to change. The letter of intent executed by the two parties is considered
proprietary to Les Iles and cannot be published. The definitive agreement will
be published upon execution. Management believes that a final agreement will
lead to a larger pool of locations to drill and therefore increases the chance
of success of a drilling program. The Company already has interests in these
areas (see above).

This is an exploration play for the Mississippian aged Lodgepole carbonate
build-ups in the Williston Basin of Montana and North Dakota and the Hardeman
Basin of western Texas. A new exploration technique (see below) is being applied
to this play, and should it prove successful, it will be a material event for
the Company. The Lodgepole limestone was deposited in a very shallow ancestral.


<PAGE>

This is an exploration play for the Mississippian aged Lodgepole carbonate
build-ups in the Williston Basin of Montana and North Dakota and the Hardeman
Basin of western Texas. A new exploration technique (see below) is being applied
to this play, and should it prove successful, it will be a material event for
the Company. The Lodgepole limestone was deposited in a very shallow ancestral
Williston Basin. The carbonate formation was developed as thousands of small,
circular limestone build-ups, or "reefs". The average distribution of the
build-ups is about 4 reefs per square-mile section. The Lodgepole reefs were
deposited within a "fairway" a thousand miles long and thirty miles wide on the
shelf of the Williston Basin. The reservoirs may produce as much as 2,000
barrels per day at depths of 500 to 9,500 feet. The most prolific reefs have
each produced as much as 4,000,000 barrels of light, sweet oil.

The Lodgepole reefs are visible in surface outcrop in the far western part of
the Williston Basin. This allows the sense of scale and geometry of the reefs
can be observed first hand. The lithologic complexity of the reservoirs can also
be examined. Delek Corp.'s technology partner in this play is a company named
Oil for America (OFA). OFA has applied a proprietary photo-analytical program
known as All Remote Sensing analysis. This analysis detects the location of
Waulsortian reef cores. This program produces well-defined images that correlate
with the oil producing wells.

As of April 21, 2004, Delek Corp. began drilling in the Hardeman Basin. Drilling
is underway on the Caldwell #1 in Hardeman County. Patterson Rig #31 has been
contracted to drill to a total depth of 9,500 feet.

On May 3, 2005, the Company finalized an agreement on a multiwell joint venture
agreement to drill in North Dakota. The initial program is for one well with an
option on another twelve wells. The agreement is subject to TSX approval. The
target is the Lodgepole Formation; the average Lodgepole completion has an
estimated recovery of 1,000,000 barrels and 500 mmcf, with the larger ones
having as much as 4,000,000 barrels and 1 bcf. The target depth is 9600'. There
can be no assurances that the recovery will be achieved or profitability will be
obtained.

                              Results of Operations

              For the Three and Six Months Ended September 30, 2005

Operating Expenses

Operating expenses consisted of professional fees and other administrative
expenses of $37,612 and $67,637 for the three months and six months ended
December 31, 2005 respectively, compared to $43,648 and 90,904 for the three
months and six months ended December 31, 2005 respectively. There were no
exploration costs for the six months ended December 31, 2005.

Net Loss. There was a net loss of $37,612 and $67,637 for the three months and
six months ended December 31, 2005 respectively, compared to $43,648 and 285,367
for the three months and six months ended December 31, 2005 respectively. The
Company recorded exploration costs of $194,463 for the six months ended December
31, 2004.

The results of operations have not materially changed as a result of the lack of
activity on the Company properties.

Liquidity and Capital Resources

Since its inception, the Company has continued to sustain losses. The Company's
operations and growth were previously funded by the sale of Common Stock,
Preferred Stock and Convertible Debentures.

Leonard Sternheim, our sole officer and director, has agreed to fund our
operations until we receive revenues and/or Leonard Sternheim has the financial
means to finance such operations. Our expectations, beliefs and projections are
expressed in good faith and are believed by us to have a reasonable basis,
including without limitation, data contained in our records and other available
data from third parties, but there can be no assurance that our expectations,
beliefs or projections will result, or be achieved, or be accomplished.


<PAGE>

On October 20, 2003, Delek Resources, Inc., a Texas corporation, was merged into
The Havana Republic, Inc. Delek Resources, Inc. is an oil and gas exploration
company with its focus on combining proven undeveloped properties and unproven
low risk properties, as well as high risk high reward low expenditure
properties. As consideration for the merger, Delek Resources, Inc. or its
designees were issued twenty seven million shares of restricted Common Stock.

Current Assets

Cash. As of December 31, 2005, the Company had $0.00.

Liabilities

Current liabilities. As of December 31, 2005 Company had $1,761,028 in current
liabilities.

On November 15, 2002, the Company divested itself of its assets and liabilities.
On October 20, 2003, Delek Resources, Inc., a Texas corporation, was merged into
The Havana Republic, Inc. Delek Resources, Inc. is an oil and gas exploration
company with its focus on combining proven undeveloped properties and unproven
low risk properties, as well as high risk high reward low expenditure
properties.


<PAGE>

ITEM 3. EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

We carried out an evaluation, under the supervision and with the participation
of our management, including our Chief Executive Officer and Principal Financial
Officer, of the effectiveness of our disclosure controls and procedures, as
defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934
as of the end of the period covered by this report. Based on that evaluation,
our Chief Executive Officer and Principal Financial Officer have concluded that
our disclosure controls and procedures as of December 31, 2005were effective to
ensure that information required to be disclosed by us in reports that we file
or submit under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in the Securities and
Exchange Commission's rules and forms.

There have been no material changes in our internal controls over financial
reporting or in other factors that could materially affect, or are reasonably
likely to affect, our internal controls over financial reporting during the
quarter ended December 31, 2005.


<PAGE>

PART II OTHER INFORMATION

Item 1.  Legal Proceedings

      Not applicable

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

      None.

Item 3.  Defaults upon Senior Securities

      Not applicable

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

      None.

Item 5.  Other Information

      Not applicable

Item 6.  Exhibits

      A. Exhibits:

      31.1  Certification of Chief Executive Officer Pursuant to Section 302 of
            the Sarbanes-Oxley Act.

      31.2  Certification of Principal Financial and Accounting Officer Pursuant
            to Section 302 of the Sarbanes-Oxley Act.

      32.1  Certification of Chief Executive Officer Pursuant to Section 906 of
            the Sarbanes-Oxley Act.

      32.2  Certification of Principal Financial and Accounting Officer Pursuant
            to Section 906 of the Sarbanes-Oxley Act.


                                    SIGNATURE

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.

                                  DELEK RESOURCES, INC.
                                      (Registrant)

                           By: /S/ LEONARD STERNHEIM
                               -------------------------------------------------
                                   Leonard Sternheim, Sole Director
                                   President, Chief Accounting Officer
                                   Date: February 14, 2005


<PAGE>

--------------------------------------------------------------------------------

                                  Exhibit Index

   Exhibit No.        Description
   -----------        -----------

      31.1  Certification of Chief Executive Officer Pursuant to Section 302 of
            the Sarbanes-Oxley Act.

      31.2  Certification of Principal Financial and Accounting Officer Pursuant
            to Section 302 of the Sarbanes-Oxley Act.

      32.1  Certification of Chief Executive Officer Pursuant to Section 906 of
            the Sarbanes-Oxley Act.

      32.2  Certification of Principal Financial and Accounting Officer Pursuant
            to Section 906 of the Sarbanes-Oxley Act.