SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB


                                   (Mark One)
   [X] Quarterly report under Section 13 or 15(d) of the Securities Exchange Act
      of 1934 for the quarterly period ended December 31, 2002.

   [ ] Transition report under Section 13 or 15(d) of the Securities Exchange
      Act of 1934 for the transition period from______________ to __________.



         Commission file number:000-09419
                                ---------


                       MATRIX ENERGY SERVICES CORPORATION
-------------------------------------------------------------------------------
                       (FORMERLY POWER EXPLORATION, INC.)
       (Exact name of small business issuer as specified in its charter)




                NEVADA                                   84-0811647
-------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)


                   5416 Birchman Ave., Fort Worth, Texas        76107
-------------------------------------------------------------------------------
               (Address of principal executive office)          (Zip Code)


                                 (817) 377-4464
                          -----------------------------
                           (Issuer's telephone number)


         Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act 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
                       -              ----

         The number of outstanding shares of the issuer's common stock, $0.001
par value (the only class of voting stock), as of December 31, 2002 was
46,442,752.


<PAGE>





                                TABLE OF CONTENTS


                                     PART I


ITEM 1.  FINANCIAL STATEMENTS................................................3

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATION.....................................................9

                                     PART II


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K....................................11

SIGNATURES...................................................................12

INDEX TO EXHIBITS............................................................13




























<PAGE>



               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                           CONSOLIDATED BALANCE SHEETS


                                     ASSETS
<TABLE>
<CAPTION>

                                                                              December 31,             September 30,
                                                                                   2002                   2002
                                                                              ---------------          ------------
CURRENT ASSETS                                                                 (Unaudited)
<S>                                                                           <C>                      <C>
    Cash                                                                      $    188,161             $     11,077
    Accounts Receivable - Related Parties                                           19,405                   16,749
    Current Portion of Prepaid Consulting                                        1,435,914                2,128,044
                                                                              ------------             ------------

            TOTAL CURRENT ASSETS                                                 1,643,480                2,155,870
                                                                              ------------             ------------

OIL AND GAS PROPERTIES,
    FULL COST METHOD                                                             3,000,000                3,000,000
        Less: Accumulated Depreciation, Depletion and
        Amortization                                                               (57,650)                 (53,785)
                                                                              ------------             ------------

            NET OIL AND GAS PROPERTIES                                           2,942,350                2,946,215
                                                                              ------------             ------------

OFFICE  EQUIPMENT, Net of Accumulated
    Depreciation of $1,625 and $1,269                                                3,402                    3,758
                                                                              ------------             ------------

OTHER ASSETS
    Investments Available-For-Sale                                                  20,000                  100,000
    Prepaid Consulting - Net of Current Portion                                     37,500                   93,750
    Other                                                                            3,425                    6,037
                                                                              ------------             ------------

            TOTAL OTHER ASSETS                                                      60,925                  199,787
                                                                              ------------             ------------

            TOTAL ASSETS                                                      $  4,650,157             $  5,305,630
                                                                              ============             ============
</TABLE>











                          The accompanying notes are an
            integral part of these consolidated financial statements.
                                   (Continued)

                                       3


<PAGE>


               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                           CONSOLIDATED BALANCE SHEETS
                                   (Continued)


                 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
<TABLE>
<CAPTION>

                                                                              December 31,          September 30,
                                                                                   2002                 2002
                                                                              ---------------        ---------
CURRENT LIABILITIES                                                            (Unaudited)

<S>                                                                          <C>                    <C>
    Accounts Payable and Accrued Expenses                                    $      139,045         $      169,207
    Accounts Payable - Related Party                                                 45,152                121,840
    Note Payable                                                                    250,000                250,000
    Notes Payable - Related Party                                                   170,046                276,798
                                                                              -------------          -------------

            TOTAL CURRENT LIABILITIES                                               604,243                817,845
                                                                              -------------          -------------


STOCKHOLDERS' EQUITY
    Common Stock, $.001 par value, 500,000,000 Shares
        Authorized, 46,442,752 and 43,518,036 Shares Issued
            and Outstanding, respectively                                            46,443                 43,518
    Additional Paid-In Capital                                                   46,285,977             46,089,825
    Retained Deficit                                                            (37,286,506)           (36,457,577)
    Unrealized Loss on Securities
        Available for Sale                                                       (5,000,000)            (4,920,000)
    Treasury Stock - 9,357,968 Shares, at Cost                                            -               (267,981)
                                                                              -------------          -------------

            TOTAL STOCKHOLDERS' EQUITY                                            4,045,914              4,487,785
                                                                              -------------          -------------

            TOTAL LIABILITIES AND
                STOCKHOLDERS' EQUITY                                         $    4,650,157         $    5,305,630
                                                                              =============          =============
</TABLE>












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

                                       4

<PAGE>


               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                                                      Three Months Ended        Three Months Ended
                                                                        December 31, 2002        December 31, 2001
                                                                      -------------------       -----------------

<S>                                                                         <C>                       <C>
REVENUE - Oil and Gas Sales                                                 $     36,040              $     18,069
                                                                            ------------              ------------

COST OF REVENUE
     Lease Operating                                                              44,465                    56,437
     Production Taxes                                                              1,669                       700
     Depreciation, Depletion and Amortization                                      3,865                        69
                                                                            ------------              ------------

             TOTAL COST OF REVENUES                                               49,999                    57,206
                                                                            ------------              ------------

             GROSS LOSS                                                          (13,959)                  (39,137)
                                                                            ------------              ------------

EXPENSES
     General and Administrative                                                  823,232                   136,428
     Interest Expense                                                              9,297                     7,116
                                                                            ------------              ------------

             TOTAL EXPENSES                                                      832,529                   143,544
                                                                            ------------              ------------

        (LOSS) BEFORE INCOME TAXES
             AND DISCONTINUED OPERATIONS                                        (846,488)                 (182,681)

INCOME TAXES                                                                           -                         -
                                                                            ------------              ------------

         NET (LOSS) FROM CONTINUING
            OPERATIONS                                                          (846,488)                 (182,681)
                                                                            -----------               ------------

DISCONTINUED OPERATIONS
     Operating Loss                                                                    -                      (150)
     Gain on Disposal of Discontinued Operations                                  17,559                         -
                                                                            ------------              ------------

             NET LOSS                                                       $   (828,929)             $   (182,831)
                                                                            ------------              ------------

WEIGHTED AVERAGE NUMBER OF
     SHARES OUTSTANDING                                                       44,249,215                   423,036
                                                                              ==========              ============

(LOSS) PER SHARE                                                            $      (.02)              $      (.43)
                                                                            ===========               ============
</TABLE>




                 The accompanying notes are an integral part of
                    these consolidated financial statements.
                                        5

<PAGE>


               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                             STATEMENT OF CASH FLOWS
                                   (UNAUDITED)
<TABLE>
<CAPTION>



                                                                         Three Months Ended       Three Months Ended
                                                                         December 31, 2002        December 31, 2001
                                                                         -------------------      -------------------
CASH FLOW FROM OPERATING ACTIVITIES
<S>                                                                           <C>                      <C>
     Net (Loss)                                                               $    (828,929)           $    (182,831)
     Adjustments to Reconcile Net (Loss) to Net Cash
         From Operating Activities
             Depreciation, Depletion and Amortization                                 4,221                       69
     Changes in Operating Assets and Liabilities
         Related Party Receivable/Payable                                           (79,344)                 147,236
         Prepaid and Other Assets                                                   750,992                        -
         Accounts Payable and Accrued Expenses                                      (30,162)                  24,177
         Cash Overdraft                                                                   -                   (5,426)
                                                                              -------------            -------------

                     NET CASH (USED) IN CONTINUING
                           OPERATIONS                                              (183,222)                 (16,775)
                                                                              -------------            -------------

                  NET CASH PROVIDED BY
                     DISCONTINUED OPERATIONS                                              -                    7,615
                                                                              -------------            -------------

                  NET CASH (USED) IN
                     OPERATING ACTIVITIES                                          (183,222)                  (9,160)
                                                                              -------------            -------------

CASH FLOW FROM INVESTING ACTIVITIES
     Proceeds From Borrowings                                                             -                   15,000
     Repayment of Related Party Borrowings                                         (106,752)                       -
     Proceeds From Sale of Common Stock                                             111,455                        -
     Proceeds From Sale of Treasury Shares                                          355,603                        -
                                                                              -------------            -------------

                  NET CASH PROVIDED BY
                     FINANCING ACTIVITIES                                           360,306                   15,000
                                                                              -------------            -------------
</TABLE>








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

                                   (Continued)
                                       6

<PAGE>


               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                             STATEMENT OF CASH FLOWS
                                   (UNAUDITED)
                                   (CONTINUED)
<TABLE>
<CAPTION>
                                                                         Three Months Ended        Three Months Ended
                                                                         December 31, 2002         December 31, 2001
                                                                         ------------------         -----------------

<S>                                                                           <C>                       <C>
NET INCREASE (DECREASE) IN CASH                                               $     177,084             $       5,840

CASH AT BEGINNING OF PERIOD                                                          11,077                         -
                                                                              -------------             -------------

CASH AT END OF YEAR                                                           $     188,161             $       5,840
                                                                              =============             =============

SUPPLEMENTAL SCHEDULE OF CASH FLOW
     INFORMATION
             Cash Paid During the Period For:
                Interest                                                      $       3,064             $           -
                                                                              =============             =============
                Income Taxes                                                  $           -             $           -
                                                                              =============             =============

SUPPLEMENTAL SCHEDULE OF NONCASH
     INVESTING AND FINANCING ACTIVITIES:
             Unrealized Loss on Securities
                Available-For-Sale                                            $      80,000             $           -
             Decrease in Investment Available-For-Sale                              (80,000)                        -
             Decrease in Par Value of Common Stock                                 (826,843)                        -
             Increase in Additional Paid In Capital Due To
                Decrease in Par Value of Common Stock                               826,843                         -
                                                                              -------------             -------------

                                                                              $           -             $           -
                                                                              =============             =============
</TABLE>
















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

                                       7

<PAGE>


               MATRIX ENERGY SERVICES CORPORATION AND SUBSIDIARIES

               (FORMERLY POWER EXPLORATION, INC. AND SUBSIDIARIES)

                             STATEMENT OF CASH FLOWS
                                   (UNAUDITED)


NOTE 1: BASIS OF PRESENTATION

    The accompanying unaudited consolidated financial statements have been
    prepared in accordance with generally accepted accounting principals for
    interim financial information and with the instructions to Form 10-Q and
    Rule 10-01 of Regulations S-X. They do not include all information and notes
    required by generally accepted accounting principals for complete financial
    statements. However, except as disclosed, there has been no material change
    in the information disclosed in the notes to consolidated financial
    statements included in the Annual Report on Form 10-K of Matrix Energy
    Services Corporation for the year ended September 30, 2002. In the opinion
    of management, all adjustments (consisting of normal recurring accruals)
    considered necessary for a fair presentation have been included. Operating
    results for the three-month period ended December 31, 2002, are not
    necessarily indicative of the results that may be expected for the year
    ending September 30, 2003.
    .

NOTE 2:  TRANSFER OF CORSICANA PROJECT TO SPARTAN RESOURCE
             PARTNERS, G.P.

    On October 1, 2002, Matrix Energy Services Corporation transferred its
    ownership of the Corsicana Leases to Spartan Resource Partners, G.P.
    ("Spartan") in exchange for 100% of the investing partnership interest.
    These interim consolidated financial statements reflect that transfer, and
    Spartan is consolidated as a wholly owned subsidiary included in these
    consolidated financial statements.



















                                      8

<PAGE>


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
          RESULTS OF OPERATIONS

Business

As used herein, the term "Company" refers to Matrix Energy Services Corporation
(formerly Power Exploration, Inc.), a Nevada corporation, and its subsidiaries
and predecessors, unless the context indicates otherwise. Originally
incorporated on October 31, 1979 in Colorado as Imperial Energy Corp., the
Company adopted its present name in May of 2002. Current management obtained
controlling ownership of the Company in October of 1999.

The Company, along with its wholly owned subsidiaries, is a developmental global
resource company engaged in oil and gas exploration. In addition to exploration
and development of new properties, the Company redevelops currently producing
oil and gas fields.

Forward Looking Statements

The information herein contains certain forward looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E
of the Securities Exchange Act of 1934, as amended, which are intended to be
covered by the safe harbors created thereby. Investors are cautioned that all
forward looking statements involve risks and uncertainty, including, without
limitation, the ability of Matrix Energy Services Corporation ("Matrix") to
continue its expansion strategy, changes in the real estate markets, labor and
employee benefits, as well as general market conditions, competition, and
pricing. Although Matrix believes that the assumptions underlying the forward
looking statements contained herein are reasonable, any of the assumptions could
be inaccurate, and therefore, there can be no assurance that the forward looking
statements included in the Form 10QSB will prove to be accurate. In view of the
significant uncertainties inherent in the forward looking statements included
herein, the inclusion of such information should not be regarded as a
representation by Matrix or any other person that the objectives and plans of
Matrix will be achieved.

General

During the first quarter of 2003, Matrix Energy Services Corporation and its
subsidiaries (hereinafter "Matrix" unless the context indicates otherwise)
continued to pursue capital financing alternatives and possible acquisition
targets in order to generate greater revenue and increase shareholder value.

The following discussion of the consolidated financial condition and results of
operations of Matrix should be read in conjunction with the consolidated
financial statements of Matrix and the notes thereto included in Item 1 of Part
I of this Report.

                                       9
<PAGE>


Results of Operations

Revenues

Gross revenues for the three months ended December 31, 2002, were $36,040
compared to $18,069 for the same period in 2001, a 99% increase in revenues for
the same period in 2001. The gross revenues for three months ended December 31,
2002, were higher than the comparable quarter in 2001 due to an increase in oil
and gas production and sales.

Costs and Expenses

Cost of revenues for the three months ended December 31, 2002, was $49,999
compared to $57,206 for the same period in 2001. The decrease in the cost of
revenues is primarily due to decreases in lease operating expenses.

Interest and general and administrative expenses were $832,529 for the three
months ended December 31, 2002 compared to $143,544 for the same period in 2001.
The primary reason for the increase was a significant increase in consulting
fees amortized from prepaid consulting by the Company.

Gross Loss

Gross loss for the three months ended December 31, 2002, was $13,959 compared to
a gross loss of $39,137 for the same period in 2001. This decrease was a result
of increased production and sales of oil and gas and decreased lease operating
costs associated with those revenues.

Net loss for the three months ended December 31, 2002, was $828,929 compared to
a net loss of $182,831 for the same period in 2001. The loss in 2002 was greater
than in 2001 due to the amortization of prepaid consulting in 2002.

Liquidity and Capital Resources

At December 31, 2002, the Company had current assets net of prepaid consulting
of $207,566 and total assets of $4,650,157 as compared to $27,826 and $5,305,630
respectively at September 30, 2002. The Company's working capital deficit of
$396,677 at December 31, 2002 compared to a working capital deficit of $790,019
at September 30, 2002 shows a decrease in working capital deficit of $393,342
for the year to date from the figure for the year ended September 30, 2002. The
working capital deficit was reduced using proceeds from the sale of common stock
($467,058).

Net stockholders' equity in the Company was $4,045,914 as of December 31, 2002,
compared to $4,487,785 at year-end on September 30, 2002. This decrease is due
primarily to the amortization of prepaid consulting fees and an increase in
unrealized loss on securities available for sale. This decrease was partially
offset by the sale of treasury shares and common stock.


                                       10

<PAGE>

Item 3. Controls and Procedures

The Company maintains disclosure controls and procedures that are designed to
ensure that information required to be disclosed in the Company's Securities
Exchange Act reports is recorded, processed, summarized and reported within the
time periods specified in the Securities and Exchange Commission's rules and
forms, and that such information is accumulated and communicated to the
Company's management, including its Chief Executive Officer and Chief Financial
Officer, as appropriate, to allow timely decisions regarding required
disclosure.

During the 90-day period prior to the date of this report, an evaluation was
performed under the supervision and with the participation of the Company's
management, including the Chief Executive Officer and the Chief Financial
Officer, of the effectiveness of the design and operation of the Company's
disclosure controls and procedures. Based upon that evaluation, the Chief
Executive Officer and the Chief Financial Officer concluded that the Company's
disclosure controls and procedures were effective. There have been no
significant changes in the Company's internal controls or in other factors that
could significantly affect these controls, and no corrective actions taken with
regard to significant deficiencies or material weaknesses in such controls,
subsequent to the date of our most recent evaluation of internal controls.



PART II. OTHER INFORMATION

ITEM 6.  Exhibits and Reports on Form 8-K

(a) Exhibits Exhibits required to be attached by Item 601 of Regulation S-B are
listed in the Index to Exhibits on page 5 of this Form 10-QSB, and are
incorporated herein by this reference.

(b)       Reports on Form 8-K          None
          -------------------


                                       11
<PAGE>



SIGNATURES

Pursuant to the requirements 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.


                                  Martix Energy Services Corporation.
                                  (Registrant)




Date      February 12, 2003         /S/Joe Bill Bennett
                                    -----------------------------------------
                                    Joe Bill Bennett, Chief Executive Officer
                                    and Acting Chief Financial Officer






















                                       12
<PAGE>




                                INDEX TO EXHIBITS






EXHIBIT        PAGE
NO.            NO.        DESCRIPTION

2.1                       *     Plan of  Reorganization  and  Change  of
                          Situs by which Titan   Energy   Corp., and Power
                          Exploration, Inc. Changes Its Place of Incorporation.

2.2                       *     Agreement   and   Plan   of   Merger    Between
                          Power Exploration, Inc.(Nevada) and Power Exploration,
                          Inc. (Colorado).  August 1, 1998.

2.3                       *     Articles of Merger Between Power Exploration,
                          Inc.(Nevada) and Power Exploration, Inc. (Colorado).
                          August 1, 1998.

3.1                       *     Articles  of  Incorporation of Imperial  Energy
                          dated October 31, 1979.

3.2                       *     Amendment to Articles of  Incorporation  dated
                          June 26, 1984.

3.3                       *     Amendment to Articles of Incorporation  dated
                          September 25, 1996.

3.4                       *     Amendment to Articles of  Incorporation  dated
                          June 15, 1997,changing name to Oil Retrieval Systems,
                          Inc.

3.5                       *     Articles of Incorporation of Power  Exploration,
                          Inc. (Nevada) dated May 14, 1998.

3.6                       *     By Laws  of  Power  Exploration,  Inc.  (Nevada)
                          Dated June 1, 1998.

* Previously filed and incorporated herein by reference from the Form 10-KSB
filed January 14, 2000.




                                       13

<PAGE>


                                  CERTIFICATION

I, Joe Bill Bennett, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Matrix Energy
     Services Corporation;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     (a) designed such disclosure controls and procedures to ensure that
         material information relating to the registrant, including its
         consolidated subsidiaries, is made known to us by others within those
         entities, particularly during the period in which this quarterly report
         is being prepared;

     (b) evaluated the effectiveness of the registrant's disclosure controls and
         procedures as of a date within 90 days prior to the filing date of this
         quarterly report (the "Evaluation Date"); and

     (c) presented in this quarterly report our conclusions about the
         effectiveness of the disclosure controls and procedures based on our
         evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

     (a) all significant deficiencies in the design or operation of internal
         controls which could adversely affect the registrant's ability to
         record, process, summarize and report financial data and have
         identified for the registrant's auditors any material weaknesses in
         internal controls; and

     (b) any fraud, whether or not material, that involves management or other
         employees who have a significant role in the registrant's internal
         controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

     Date:  February 12, 2003

     /s/  Joe Bill Bennett
     -----------------------------------------
     Joe Bill Bennett, Chief Executive Officer


                                       14
<PAGE>






                                  CERTIFICATION

I, Joe Bill Bennett, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of Matrix Energy
     Services Corporation;

2.   Based on my knowledge, this quarterly report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this quarterly report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this quarterly report, fairly present in all
     material respects the financial condition, results of operations and cash
     flows of the registrant as of, and for, the periods presented in this
     quarterly report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

     (a) designed such disclosure controls and procedures to ensure that
         material information relating to the registrant, including its
         consolidated subsidiaries, is made known to us by others within those
         entities, particularly during the period in which this quarterly report
         is being prepared;

     (b) evaluated the effectiveness of the registrant's disclosure controls and
         procedures as of a date within 90 days prior to the filing date of this
         quarterly report (the "Evaluation Date"); and

     (c) presented in this quarterly report our conclusions about the
         effectiveness of the disclosure controls and procedures based on our
         evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (or persons performing the
     equivalent function):

     (a) all significant deficiencies in the design or operation of internal
         controls which could adversely affect the registrant's ability to
         record, process, summarize and report financial data and have
         identified for the registrant's auditors any material weaknesses in
         internal controls; and

     (b) any fraud, whether or not material, that involves management or other
         employees who have a significant role in the registrant's internal
         controls; and

6.   The registrant's other certifying officers and I have indicated in this
     quarterly report whether or not there were significant changes in internal
     controls or in other factors that could significantly affect internal
     controls subsequent to the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

     Date:  February 12, 2003

     /s/  Joe Bill Bennett
     -----------------------
     Joe Bill Bennett, Acting Chief Financial Officer


                                       15
<PAGE>


                    CERTIFICATION OF CHIEF EXECUTIVE OFFICER

           Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing with the Securities and Exchange Commission of the
Quarterly Report of Matrix Energy Services Corporation (the "Company"), on Form
10-QSB, as amended, for the period ending September, 30, 2002 (the "Report"), I,
Joe Bill Bennett, Chief Executive Officer of the Company, certify, pursuant to
18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002, that to the best of my knowledge:

         (1) The Report fully complies with the requirements of Section 13(a) or
         15(d) of the Securities Exchange Act of 1934; and

         (2) The information contained in the Report fairly presents, in all
         material respects, the financial condition and results of operations of
         the Company.

/s/ Joe Bill Bennett
-----------------------------------------
Joe Bill Bennett, Chief Executive Officer

February 12, 2003


                                       16
<PAGE>


                    CERTIFICATION OF CHIEF FINANCIAL OFFICER

           Pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
                  Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the filing with the Securities and Exchange Commission of the
Quarterly Report of Matrix Energy Services Corporation (the "Company"), on Form
10-QSB, as amended, for the period ending September, 30, 2002 (the "Report"), I,
Joe Bill Bennett, Acting Chief Financial Officer of the Company, certify,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, that to the best of my knowledge:

         (1) The Report fully complies with the requirements of Section 13(a) or
         15(d) of the Securities Exchange Act of 1934; and

         (2) The information contained in the Report fairly presents, in all
         material respects, the financial condition and results of operations of
         the Company.

/s/ Joe Bill Bennett
------------------------------------------------
Joe Bill Bennett, Acting Chief Financial Officer

February 12, 2003



                                       17