</SEC-HEADER>
<SEQUENCE>1


                       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 quarterly period ended September 30, 2006

    [ ] 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 000-9519

                            REGENT TECHNOLOGIES, INC.
                      ------------------------------------

       (Exact name of small business issuer as specified in its charter)


               COLORADO                                    84-0807913
     -------------------------------                  -------------------
     (State or other jurisdiction of                   (I.R.S. Employer
     incorporation or organization)                   Identification No.)


                          6727 Hillcrest Ave., Suite E
                              Dallas, Texas 75205
                    (Address of principal executive offices)

                                  214-507-9507
                          (Issuer's telephone number)

                         Regent Petroleum Corporation
                            (Former name of Issuer)

Check whether the issuer (1) 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 [ ] No [X]

The number of outstanding shares of the issuer's only class of common stock as
of August 1, 2006 was 4,832,317.

Transitional Small Business Disclosure Format (check one):

Yes [ ] No [X]



<PAGE>
                             REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)

                              INDEX TO FORM 10-QSB

                                 SEPTEMBER 30, 2006

                                                                       Page Nos.
                                                                       --------

PART I - FINANCIAL INFORMATION

  ITEM 1 - FINANCIAL STATEMENTS

    BALANCE SHEET (UNAUDITED)                                                 2
      At September 30, 2006

    STATEMENTS OF OPERATIONS (UNAUDITED)                                      3
      For the Three Months and Nine Months Ended September 30, 2006 and 2005
      For the Period from Inception (January 1, 1999) to
        September 30, 2006

    STATEMENTS OF CASH FLOWS (UNAUDITED)                                      4
      For the Nine Months Ended September 30, 2006 and 2005
      For the Period from Inception (January 1, 1999) to
        September 30, 2006

    NOTES TO FINANCIAL STATEMENTS (UNAUDITED)                               5-6

  ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION        6-7

  ITEM 3 - CONTROLS AND PROCEDURES                                            8

PART II - OTHER INFORMATION

  ITEM 1 - LEGAL PROCEEDINGS                                                  8

  ITEM 2 - CHANGES IN SECURITIES AND PURCHASES OF EQUITY SECURITIES           8

  ITEM 3 - DEFAULTS UPON SENIOR SECURITIES                                    8

  ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS                8

  ITEM 5 - OTHER INFORMATION                                                  8

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

  SIGNATURES AND REQUIRED CERTIFICATIONS                                      8


                                       1
<PAGE>

                                    PART I

ITEM 1 - FINANCIAL STATEMENTS

                             REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                                 BALANCE SHEET
                                  (UNAUDITED)
                                 SEPTEMBER 30, 2006

<TABLE>
<CAPTION>

<S>                                                                      <C>
                                     ASSETS

CURRENT ASSETS
   Cash in bank                                                         $       35
   Settlements and note receivable, net of $79,892
     allowance for uncollectible accounts                                        -
                                                                          ---------
Total Current Assets                                                            35

Property and equipment:
   Furniture and fixtures                                                    8,593
   Computer equipment                                                        2,400
                                                                         ---------
                                                                            10,993
   Less accumulated depreciation                                           (10,993)
                                                                         ---------

     Net property and equipment                                                  -

                                                                        $       35
                                                                         =========

                 LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
   Accounts payable, trade                                              $   45,399
   Accounts payable, stockholder                                            10,000
   Accrued interest payable                                                  2,112
                                                                         ---------

      Total Current Liabilities                                             57,511
                                                                         ---------

Note payable - related parties                                              35,600
                                                                         ---------


STOCKHOLDERS' DEFICIT
   Preferred stock, $.10 par value, 30,000,000
     shares authorized, no shares issued and
     outstanding, no rights or privileges designated
   Common stock, $.01 par value, 100,000,000
     shares authorized, 19,672,321 shares
     issued and 4,832,317 outstanding                                      197,363
   Paid-in capital in excess of par                                      3,200,785
   Accumulated deficit (including $143,225
     accumulated during the development stage)                          (3,491,224)
   Less treasury stock, at cost, 14,840,004 shares                               -
                                                                          ---------

      Total shareholders' deficit                                         ( 93,076)
                                                                          ---------

							                $       35
                                                                          =========

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

</TABLE>

                                       2


<PAGE>
                             REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                              STATEMENT OF OPERATIONS
                FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006 AND 2005
                        AND FOR THE PERIOD JANUARY 1, 1999
                              THROUGH SEPTEMBER 30, 2006
                                   (UNAUDITED)
<TABLE>
<CAPTION>

                                           For the          For the           For the          For the
                                            three            three              nine             nine           Cumulative
                                            months           months            months           months      Since Re-entering
                                       ended September  ended September   ended September  ended September  Development Stage
                                           30, 2006         30, 2005          30, 2006          30, 2005      January 1, 1999
                                         ------------     ------------      ------------      ------------      ------------
<S>                                    <C>              <C>               <C>               <C>               <C>

Revenues                                 $         -      $         -       $        -        $        -        $        -

Operating expenses:
   General and administrative                  2,714           29,950           18,085            29,950           220,414
   Interest                                    3,190            2,602            9,222             7,402            27,333
                                           ---------        ---------        ---------         ---------         ---------
Operating loss                                (5,904)         (32,552)         (27,307)          (37,352)         (247,746)
                                           ---------        ---------        ---------         ---------         ---------
Gain on extinguishment of debt                84,896                -           85,907                 -           104,521
                                           ---------        ---------        ---------         ---------         ---------
Gain (Loss) from continuing operations
  before income taxes                         78,992          (32,552)          58,600           (37,352)         (143,225)

Provisions for income taxes                        -                -                -                 -                 -
                                           ---------        ---------        ---------         ---------         ---------
Net gain (loss)                               78,992          (32,552)          58,600           (37,352)         (143,225)
                                           =========        =========        =========         =========         =========

Net loss per common share:

  Basic loss per common share              $     .01        $(    .00)       $(    .00)        $(    .00)        $(    .01)
                                           =========        =========        =========         =========         =========

  Diluted loss per common share            $     .01        $(    .00)       $(    .00)        $(    .00)        $(    .01)
                                           =========        =========        =========         =========         =========

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

</TABLE>

                                       3

<PAGE>
                             REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                             STATEMENTS OF CASH FLOWS
                  FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006 AND 2005
                         AND FOR THE PERIOD JANUARY 1, 1999
                            THROUGH SEPTEMBER 30, 2006
                                  (UNAUDITED)
<TABLE>
<CAPTION>
						  		   		                    Cumulative
                                                                                                 Since Re-entering
                                                        For the Nine Months Ended September 30,  Development Stage
                                                                2006                2005          January 1, 1999
                                                             ------------       ------------        ------------
<S>                                                         <C>                 <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net Loss                                                    $  58,600           $( 37,352)          $(143,225)
  Adjustments to reconcile net loss to net
   cash used in operating activities:
     Depreciation                                                     -                   -               3,762
     Gain from extinguishment of accounts payable              ( 85,907)                  -            (104,521)
     Note issued for settlement expenses                              -                   -              20,000
     Common stock issued for services                                 -                   -               5,000
     Common stock issued in legal settlement                          -                   -              14,000
     Decrease in settlements and note receivable                      -                   -               4,800
     Decrease in other assets                                         -                   -               1,967
     Increase in allowance for uncollectible settlements              -                   -              79,892
     Increase (decrease) in accounts payable                      6,276               8,450              35,912
     Increase (decrease) in accounts payable, stockholder             -                   -              10,000
     Increase (decrease) in accrued liabilities                   9,022               7,315              36,848
                                                              ---------           ---------           ---------
        Net Cash Used In Operating Activities                  ( 12,009)            (21,587)            (35,565)
                                                              ---------           ---------           ---------
CASH FLOWS FROM INVESTING ACTIVITIES:                                 -                   -                   -
                                                              ---------           ---------           ---------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from note payable - related party                     11,500              22,100              35,600
                                                              ---------           ---------           ---------
        Net Cash Provided By Financing Activities                11,500              22,100              35,600
                                                              ---------           ---------           ---------
Net Increase (Decrease) in Cash                                    (509)                513                  35
Cash At Beginning Of Period                                         544                   -                   -
                                                              ---------           ---------           ---------

Cash At End of Period                                         $      35           $     513           $      35
                                                              =========           =========           =========




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

</TABLE>

                                        4
<PAGE>
                            REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS

1.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Regent Technologies, Inc., (the Company) formerly Regent Petroleum Corporation,
was incorporated on January 18, 1980, in the state of Colorado for the purpose
of exploration  and development of oil and gas properties in the United States.
Activities of the Company up to 1992 were primarily organizational and included
the issuance of equity capital and the acquisition of developed and undeveloped
oil and gas properties that included the formation of Earth Minerals, Inc. in
1991, which was later renamed Regent Industries, Inc. In 1992, the Company
redirected its core activities and acquired SSB Environmental, Inc. (SSB), which
was organized for the purpose of obtaining waste and landfill reclamation
contracts. Effective January 1, 1996, the Company sold 100% of Regent Industries
and 81% of its interest in SSB.  In September, 1996, the Company entered into a
license agreement for the technologies necessary to offer dialup access to the
Internet. During the fourth quarter of 1996, the Company organized Regent TEL1
Communications, Inc. as a Nevada corporation and a wholly owned subsidiary to
market its Internet products and services primarily to consumer markets.  In the
third quarter of 1997, the Company acquired ConnecTen, L.L.C. as a wholly owned
subsidiary to market its dedicated Internet access services to professionals and
corporations.  During the first quarter of 1998,the Company acquired Channel
Services, LC, to expand its telecommunications products to include wireless
telephone services.  The acquisitions of ConnecTen and Channel Services were
accounted for under the purchase method of accounting.  During the first quarter
of 1998, the Company organized Regent Digital Imaging, Inc. to offer digital
printing and prepress services with access available via the Internet. Effective
January 1, 1998, the Company in the ordinary course of business divested 100%
of its ownership in all subsidiary companies and re-entered the development
stage.

Basis of presentation

The accompanying financial statements have been prepared in accordance with
accounting principles generally accepted in the United States of America.  These
accounting principles were applied on a basis consistent with those of the
financial statements contained in the Company's Annual Report on Form 10-KSB
(Annual Report) for the year ended December 31, 2005 filed with the Securities
and Exchange Commission.  The accompanying financial statements should be read
in conjunction with the financial statements contained in the Company's Annual
Report.  In the opinion of management, all adjustments (which include only
normal recurring adjustments) necessary to present fairly the financial
position, results of operations and cash flows of the Company for all periods
presented have been made.

Certain information and footnote disclosures normally included in financial
statements prepared in accordance with accounting principles generally accepted
in the United States of America have been condensed or omitted.  The results of
operations for the this current fiscal quarter are not necessarily indicative
of the operating results expected for any succeeding fiscal quarter or for the
fiscal year.


                                        5
<PAGE>
                            REGENT TECHNOLOGIES, INC.
                          (A DEVELOPMENT STAGE COMPANY)
                          NOTES TO FINANCIAL STATEMENTS

Development stage activities

By the end of 1998, the Company had ceased operations and had divested itself
of any interests in subsidiary companies and effective January 1, 1999 had
re-entered the development stage.  Accordingly, all of the Company's operating
results and cash flows reported in the accompanying financial statements from
that date are considered to be those related to development stage activities
and represent the 'cumulative from inception' amounts from its development
stage activities reported pursuant to Statements of Financial Accounting
Standards (SFAS) No. 7, Accounting and Reporting by Development Stage
Enterprises.

Management estimates

The preparation of financial statements in conformity with generally accepted
accounting principles 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 revenues and expenses during the reporting period.
Actual results could differ from those estimates.

Extinguishment of debt

On September 26, 2006, the Company entered into a settlement agreement whereby
it agreed to issue 64,000 common stock shares, with a fair value of $3,840,
to fully pay and settle its $64,000 note payable and $24,736 of related
accrued interest.  The difference between the fair value of the common stock
shares to be issued and the carrying value of the note payable and accrued
interest has been recognized as a gain on extinguishment of debt in the
accompanying statement of operations.

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION

Forward Looking Statements

The following discussion and analysis should be read in conjunction with the
financial statements and notes thereto included elsewhere in this report on Form
10-QSB and with the annual report of Regent Technologies, Inc. ("Regent" or "We"
or the "Company") on Form 10-KSB for the fiscal year ended December 31, 2005.
This report on Form 10-QSB contains certain statements that are "forward looking
statements" within the meaning of Section 27A of the Securities Act of 1933, as
amended (the "Securities Act"), and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"). Those statements, among other things,
include the discussions of the Company's expectations set forth below. Although
the Company believes that the expectations reflected in the forward looking
statements are reasonable, management can give no assurance that such
expectations will prove to have been correct. Generally, forward looking
statements relate to business plans or strategies, projected or anticipated
benefits or other consequences of such plans or strategies, or projections
involving anticipated revenues, expenses, earnings, levels of capital
expenditures, liquidity or indebtedness, ability to raise working capital, or
other aspects of operating results or financial position. Although not always
the case, forward looking statements can be identified by the use of words
such as "believes", "expects", "intends", "projects", "anticipates",
"contemplates", or "estimates".

The following discussion and analysis should be read in conjunction with the
remainder of this Quarterly Report on Form 10-QSB including, but not limited to,
the financial statements and notes thereto included herein.

                                       6
<PAGE>

General

Regent Technologies, Inc., a Colorado corporation, currently trades on the
"pink sheets" under the symbol "REGT".  The Company is a development stage
company and its efforts have been primarily devoted to identification of
technology for acquisition and raising capital. This discussion provides
an analysis of the Company's anticipated plan of operation for the next twelve
months.

Plan of Operation

As a development stage company, Regent has funded operations through short-term
borrowings and equity investments in order to meet obligations. Our future
operations are dependent upon external funding and our ability to increase
revenues and reduce expenses. Management believes that sufficient funding will
be available from additional related party borrowings and private placements to
meet our business objectives including anticipated cash needs for working
capital, for a reasonable period of time.

As of the date of this quarterly report, there is substantial doubt regarding
our ability to continue as a going concern as we have not generated sufficient
cash flow to fund our business operations and material commitments. Our future
success and viability, therefore, are dependent upon our ability to generate
capital financing. We are optimistic that we will be successful in our new
business operations and capital raising efforts; however, there can be no
assurance that we will be successful in generating revenue or raising additional
capital. The failure to generate sufficient revenues or raise additional capital
may have a material and adverse effect upon the Company and our shareholders.

Financial Condition

The Company has not yet made any determination about the future business plans.
The Company's Board of Directors is  evaluating  possible  directions, including
a possible transaction in which the Company  sells or merges its "public shell"
corporation to or with a  private operating  business  whereby  the  Company's
shareholders  would  retain  some  ownership interest in the  surviving  public
corporation. However, the Board of Directors may not choose to pursue one or
more options not yet considered.

The Company did not have revenues from operations in each of the last two fiscal
years.  The Company is not current  on its  trade  payables including amounts
owed to stockholders and continues to raise monies as needed through proceeds
from the sale of the Company's restricted Common Stock or from short term loans
from individuals.

The Company has borrowings under notes payable to NR Partners, a partnership
of which the President is a partner.  The notes payable are due beginning
July 31, 2007 and bear interest at the rate of eight and one half percent per
annum. The funds have been used to pay expenses related to professional and
transfer agent fees incurred primarily to bring the Company current with its
SEC filings.  Through September 30, 2006, the Company has borrowed a total of
$35,600 under the notes payable to NR Partners.

The Company is not performing any product research and development at this time
and it is not expected to purchase equipment or incur significant changes in the
number of employees.

Off-Balance Sheet Arrangements

As of the date of this report, we do not have any off-balance sheet
arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in financial condition, revenues or
expenses, results of operations, liquidity, capital expenditures or capital
resources that are material to investors.  The term "off-balance sheet
arrangement" generally means any transaction, agreement or other contractual
arrangement to which an entity unconsolidated with us is a party, under which
we have: (i) any obligation arising under a guarantee contract, derivative
instrument or variable interest; or (ii) a retained or contingent interest in
assets transferred to such entity or similar arrangement that serves as credit,
liquidity or market risk support for such assets.

                                        7
<PAGE>

ITEM 3 - CONTROLS AND PROCEDURES

(a)    Evaluation of disclosure controls and procedures.

The Company's principal executive and financial officers have conducted an
evaluation of the effectiveness of the Company's disclosure controls and
procedures pursuant to Rule 13a-15(b) under the Securities Exchange Act of
1934 as of the end of the period (the "Evaluation Date").  Based upon that
evaluation, the Company's principal executive and financial officers have
concluded that, as of the Evaluation Date, the Company's disclosure controls
and procedures were effective in ensuring that all material information
relating to the Company required to be filed in this quarterly report has been
made known to them in a timely manner.

(b)    Changes in internal controls.

There have been no significant changes made in the Company's internal controls
or in other factors that has or will likely materially affect internal controls
over financial reporting.


                                     PART II

ITEM 1 - LEGAL PROCEEDINGS

During 2001, stockholder David Nelson (President of the Company beginning in
2003) initiated a lawsuit against the Company and management of the Company
for issuing shares of common stock without consideration. The case was ordered
for mediation and on February 27, 2003, the case was settled with former
management concurring that 7,331,504 shares were issued without consideration
and should be cancelled.  Also, as part of the mediation settlement, it was
agreed that certain shares previously owned by the father of then President,
Richard Straza and the Straza family members and legal entities (the Straza
Shares) would be returned and cancelled and that the Company would be
indemnified against claims arising from the issuance of the Straza Shares.
A total of approximately 16,000,000 shares were marked for cancellation.

On November 2, 2005, W. T. Skip Leake initiated litigation in the 101st State
District Court of Dallas County against the Company and the Company's stock
transfer agent seeking a declaratory judgment for the release of 1,000,000
shares of the 7,331,504 shares which former management states were issued
without consideration.  The Company filed a counter-claim against 35
defendants for a declaratory judgment that all disputed shares are void for
lack of Director approval and failure of consideration and that the 7,331,504
shares and the Straza Shares should be cancelled.  On September 18, 2006,
the Company reached a settlement with W. T. Skip Leake, whereby he agreed to
return 900,000 shares and the Company agreed to grant 100,000 shares of
restricted common stock as payment for legal services performed for the
Company.

As of September 30, 2006, the Company has received stock certificates or lost
certificate resolutions representing a return of 15,654,004 shares, of which
750,000 shares have been cancelled and the balance of the shares are held in
treasury.  The number of shares outstanding has been decreased since December
31, 2005 from 19,672,321 shares to 4,832,317.  The Company plans to continue
to pursue the return of all disputed shares for cancellation.

ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

          None

ITEM 3 - DEFAULTS UPON SENIOR SECURITIES

In February 1999, the Company settled an equipment lease obligation and
executed a $64,000 promissory note payable to a vendor.  The note was
non-interest bearing, unsecured and was due March 1, 2004.  On September 26,
2006, the Company entered into a settlement agreement for extinguishment of
the $64,000 note and accrued interest in exchange for Company stock (see
Notes to Financial Statements - Extinguishment of debt).

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

          None

ITEM 5 - OTHER INFORMATION

          None

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

          Exhibit 31.1 Certification
          Exhibit 32.1 Certification

(b) Reports filed on Form 8-K

          None


                                SIGNATURE

In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

                                      REGENT TECHNOLOGIES, INC.

Dated: November 10, 2006           By: /s/ David A. Nelson
                                      ---------------------------------------
                                      David A. Nelson, Chief Executive Officer,
                                      Principal Accounting Officer


                                      8