SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-Q
                                  -----------

                                   (Mark One)

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

                For the quarterly period ended March 31, 2011
--------------------------------------------------------------------------------

                                      OR

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

            For the transition period from __________ to __________


                        Commission File Number 000-9519
                                               --------

                            REGENT TECHNOLOGIES, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)



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


                             5646 Milton, Suite 722
                              Dallas, Texas 75206
                    (Address of principal executive offices)

                                  214-694-2227
                          (Issuer's telephone number)

                         Regent Petroleum Corporation
                            (Former name of Issuer)


Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the  Securities  Exchange Act of 1934 (the
"Exchange  Act") during the preceding 12 months (or for such shorter period that
the Registrant  was required to file such reports),  and (2) has been subject to
such filing requirements for the past 90 days.

                   Yes    X                            No
                       ------                             ------

Indicate by check mark whether the Registrant is a large  accelerated  filer, an
accelerated  filer or a  non-accelerated  filer.  See definition of "accelerated
filer and large accelerated filer" in Rule 12b-2 of the Exchange Act.

Large accelerated filer                       Accelerated filer
                        ---                                             ---

Non-accelerated filer                         Smaller reporting company
                        ---                                             ---
(Do not check if a smaller reporting company)


Indicate by check mark whether the  Registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).

                   Yes                                 No   X
                       ------                             ------

The number of outstanding shares of the issuer's only class of common stock as
of May 10, 2011 was 22,360,233.


<PAGE>


                    REGENT TECHNOLOGIES, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)

                               INDEX TO FORM 10-Q

                                 March 31, 2011

                                                                       Page Nos.
                                                                       --------

                        PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

  Consolidated Balance Sheets (Unaudited)                                  1
    at March 31, 2011 and December 31, 2010 (Audited)

  Consolidated Statements of Operations (Unaudited)                        2
    For the Three Months Ended March 31, 2011 and 2010
    For the Period from Inception (January 1, 1999) to
      March 31, 2011

  Consolidated Statements of Cash Flows (Unaudited)                        3
    For the Three Months Ended March 31, 2011 and 2010
    For the Period from Inception (January 1, 1999) to
      March 31, 2011

  Notes to Consolidated Financial Statements                               4


Item 2.  Management's Discussion and Analysis of Financial Condition
            and Results of Operations                                      8

Item 3.  Quantitative and Qualitative Disclosures About Market Risk       12

Item 4.  Controls and Procedures                                          12

                          PART II. OTHER INFORMATION

Item 1.  Legal Proceedings                                                13

Item 1A. Risk Factors                                                     13

Item 2.  Changes in Securities                                            13

Item 3.  Defaults Upon Senior Securities                                  13

Item 4.  Submission of Matters to a Vote of Security Holders              13

Item 5.  Other Information                                                13

Item 6.  Exhibits                                                         13

SIGNATURE                                                                 14


<PAGE>


                          PART I. FINANCIAL INFORMATION



Item 1.  Financial Statements
-------  --------------------

                    REGENT TECHNOLOGIES, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                           CONSOLIDATED BALANCE SHEET

<TABLE>
<S>                                                                   <C>                    <C>
                                                                         March 31,           December 31,
                                                                           2011                  2010
                                                                    ------------------    ------------------
                                                                        (Unaudited)
                                     ASSETS
CURRENT ASSETS:
   Cash in bank                                                         $    5,610            $   24,790
   Accounts receivable                                                       2,722                 2,046
                                                                         ---------             ---------
Total Current Assets                                                         8,332                26,836

PROPERTY AND EQUIPMENT (Net of Accumulated Depletion
and Depreciation):
Oil and natural gas properties, full cost accounting
Unproved properties                                                          3,080                 3,080
Proved properties                                                           82,020                82,020
Net profits production interest                                              5,695                 5,695
Equipment and other fixed assets                                             1,301                 1,388
                                                                         ---------             ---------
  Total property and equipment, net                                         92,096                92,183

Investment (Note 4)                                                        575,992               575,992
                                                                         ---------             ---------
Total Assets                                                            $  676,420            $  695,011
                                                                         =========             =========


                 LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:
   Accounts payable                                                     $    1,453            $    4,247
   Notes payable - related parties                                          40,800                43,700
   Accrued interest payable                                                      -                   718
                                                                         ---------             ---------
      Total Current Liabilities                                             42,253                48,665
                                                                         ---------             ---------
   Note payable - related parties, less current portion                     34,150                40,950
   Asset retirement obligation                                               5,200                 5,200
                                                                         ---------             ---------
Total liabilities                                                           81,603                94,815

COMMITMENTS AND CONTINGENCIES (Note 9)

STOCKHOLDERS' EQUITY:
   Convertible Preferred stock, $.10 par value, 1,000,000
     shares authorized, 99,500 shares issued
     and outstanding, Regent Natural Resources Co.                           9,950                 9,950
   Preferred stock, $.10 par value, 30,000,000
     shares authorized, no shares issued and
     outstanding, Registrant                                                     -                     -
   Common stock, $.01 par value, 100,000,000
     shares authorized, 22,360,233 shares
     issued and outstanding                                                223,602               223,602
   Paid-in capital in excess of par                                      3,629,141             3,629,141
   Accumulated deficit (including $80,123 net income
     accumulated since reentering the development stage)                (3,267,876)           (3,262,497)
                                                                         ---------             ---------
                                                                           594,817               600,196
                                                                         ---------             ---------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                              $  676,420            $  695,011
                                                                         =========             =========

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

</TABLE>

                                           1
<PAGE>
                     REGENT TECHNOLOGIES, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                       CONSOLIDATED STATEMENTS OF OPERATIONS
                FOR THE THREE MONTHS ENDED MARCH 31, 2011 and 2010
                       AND FOR THE PERIOD JANUARY 1, 1999
                            THROUGH MARCH 31, 2011
                                  (UNAUDITED)
<TABLE>
<CAPTION>
						  		   	       Cumulative
                                                                            Since Re-entering
                                     For the Three Months Ended March 31,   Development Stage
                                            2011               2010          January 1, 1999
                                        ------------        ------------      ------------
<S>                                      <C>               <C>              <C>

Revenues                                  $    6,521        $       -        $    8,567

Operating expenses:
  General and administrative                ( 10,907)        (  7,168)         (357,936)
  Depreciation, depletion and accretion     (     87)               -          (    355)
                                           ---------        ---------         ---------
Operating loss                              (  4,473)        (  7,168)         (349,724)
                                           ---------        ---------         ---------
Other income and (expense):
  Gain on fair value measurement                   -                -           307,726
  Transfer in fair value measurement               -         (  9,304)         ( 44,966)
  Gain on debt extinguishment                      -                -           145,340
  Gain on sale of investment                       -                -           101,331
  Stock grant expense                              -                -          ( 41,700)
  Interest net                              (    906)             607          ( 37,884)
                                           ---------        ---------         ---------
Total other income (expense)                (    906)        (  8,697)          429,847

Income (loss) from continuing operations
  before income taxes                       (  5,379)        ( 15,865)           80,123

Provisions for income taxes                        -                -                 -
                                           ---------        ---------         ---------
Net income (loss)                         $ (  5,379)      $ ( 15,865)       $   80,123
                                          ==========       ==========         =========

Net income (loss) per common share
   (basic and diluted)                    $        -       $        -
                                          ==========       ==========

Weighted Average Shares Outstanding       22,360,233        8,487,456
                                          ==========       ==========


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

</TABLE>

                                          2

<PAGE>
                    REGENT TECHNOLOGIES, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                 FOR THE THREE MONTHS ENDED MARCH 31, 2011 and 2010
                       AND FOR THE PERIOD JANUARY 1, 1999
                            THROUGH MARCH 31, 2011
                                  (UNAUDITED)
<TABLE>
<CAPTION>
						  		   		                    Cumulative
                                                                                                 Since Re-entering
                                                          For the Three Months Ended March 31,   Development Stage
                                                                 2011               2010          January 1, 1999
                                                             ------------       ------------        ------------
<S>                                                           <C>                 <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income (loss)                                           $(  5,379)          $( 15,865)          $  80,123
  Adjustments to reconcile net income (loss) to net
   cash used in operating activities:
     Depreciation                                                    87                   -               4,117
     Gain from fair value measurement                                 -                   -            (307,726)
     Change in fair value measurement                                 -               9,304              44,966
     Gain from extinguishment of debt                                 -                   -            (145,340)
     Gain from sale of investment                                     -                   -            (101,331)
     Note issued for settlement expenses                              -                   -              20,000
     Common stock issued for services                                 -                   -              46,700
     Common stock issued in legal settlement                          -                   -              14,000
     (Increase) decrease in accounts receivable                (    676)                  -            (  2,722)
     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, trade            (  2,794)           (  1,892)             32,783
     Increase (decrease) in accrued interest payable           (    718)                185              24,737
                                                              ---------           ---------           ---------
        Net Cash Used In Operating Activities                  (  9,480)           (  8,268)           (203,034)
                                                              ---------           ---------           ---------
CASH FLOWS FROM INVESTING ACTIVITIES:

  Investments                                                         -                   -            (350,000)
  Capital expenditures for oil and gas interests                      -                   -            ( 10,000)
  Capital expenditures for equipment                                  -            (  1,786)           (  1,656)
  Proceeds from sale of investments                                   -                   -             139,600
                                                              ---------           ---------           ---------
        Net Cash Used In Investing Activities                         -            (  1,786)           (222,056)
                                                              ---------           ---------           ---------
CASH FLOWS FROM FINANCING ACTIVITIES:

  Proceeds from note payable - related party                          -                   -             110,055
  Proceeds from sale of Preferred Stock                               -              25,000             427,500
  Proceeds from note payable - stockholder                            -                   -              20,000
  Repayments of notes payable                                  (  9,700)                  -            (126,855)
                                                              ---------           ---------           ---------
        Net Cash Provided By Financing Activities              (  9,700)             25,000             430,700
                                                              ---------           ---------           ---------
Net Increase (Decrease) in Cash                                ( 19,180)             14,946               5,610

Cash At Beginning Of Period                                      24,790               5,297                   -
                                                              ---------           ---------           ---------
Cash At End of Period                                         $   5,610           $  20,243           $   5,610
                                                              =========           =========           =========

                      SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
                      --------------------------------------------------------------------
    Issuance of common stock upon conversion
    of notes payable                                          $         -         $       -           $   193,840

    Common stock issued for oil and gas interests             $         -         $       -           $   135,000

    Cancellation of note payable for oil and gas interests    $         -         $       -           $(   70,000)

    Note payable as partial consideration for oil and gas
    interests                                                 $         -         $       -           $    81,750

    Oil and gas assets acquired                               $         -         $       -           $    80,795

    Asset retirement obligation                               $         -         $       -           $     5,200

    Note receivable as partial consideration for
    purchase of preferred stock                               $         -         $       -           $    70,000

    Repayment of note payable transferred directly
    to MacuCLEAR upon sale to GHI, Ltd.                       $         -         $       -           $(  150,000)

    Partial sale of MacuCLEAR holdings to GHI, Ltd.           $         -         $       -           $   148,500

    Issuance of common stock upon MacuCLEAR sale
    to GHI, Ltd.                                              $         -         $       -           $     1,500

    Common stock returned in failed consideration
    and debt settlement                                       $         -         $       -           $   510,960

The accompanying notes are an integral part of the consolidated financial statements.
</TABLE>
                                        3
<PAGE>

                     REGENT TECHNOLOGIES, INC. AND SUBSIDIARY
                          (A DEVELOPMENT STAGE COMPANY)
               NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS


Note 1.  ORGANIZATION AND NATURE OF OPERATIONS

Regent Technologies, Inc. (the "Company" or "Regent"), formerly Regent Petroleum
Corporation, was incorporated under the laws of the State of Colorado on January
18, 1980.  During  1999, the Company's subsidiary companies were divested in the
ordinary course of business  and effective January 1, 1999,  the Company had re-
entered  the  development  stage.  Accordingly, all of  the Company's  operating
results  and  cash flows reported in  the  accompanying  consolidated  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   ASC No. 915, "Deve-
lopment Stage Activities"  ("ASC 915") of the  "Financial  Accounting  Standards
Codification  ("Codification" or "ASC") and the Hierarchy of  Generally Accepted
Accounting Principles."

During the  third quarter of 2010, Regent  restructured  its management team and
refocused its core  business objectives  and strategy.  The Company's subsidiary
was approved for a name change on September 30, 2010 to Regent Natural Resources
Co. ("Regent NRCo"). We operate through two business divisions, the Energy Tech-
nology Division and the Natural Resources Division. Regent NRCo is a Texas based
independent exploration  and production company  engaged in the  acquisition and
development of  producing oil and  natural gas properties.


Note 2.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation and Presentation
--------------------------------------------

The consolidated financial statements  include the  accounts of the  Company and
our wholly-owned subsidiary, Regent NRCo.  All significant intercompany balances
and transactions have been eliminated.  Our financial statements are prepared in
accordance with accounting principles generally accepted in the United States of
America. The preparation of our financial statements requires management to make
estimates and assumptions that affect the reported assets, liabilities, revenues
and expenses.  These estimates are based on information that is currently avail-
able to us and on various assumptions that we believe to be reasonable under the
circumstances.  Actual results could differ from those estimates under different
assumptions and conditions.

The  significant  accounting  policies of the Company are described in Note 2 to
the 2010 consolidated financial statements of the 2010 Form 10-K, and the criti-
cal accounting policies and estimates are described  in Management's  Discussion
and Analysis  included  in  Item 7 of the  2010 Form 10-K and in  Item 2 of this
quarterly report. In management's opinion, the accounting policies and estimates
presented in the  2010  Form 10-K have  not changed and therefore  the unaudited
consolidated  financial statements herein should be read in conjunction with the
Company's  audited  report on Form 10-K for  the period ended December 31, 2010,
which  was previously filed with the Securities and Exchange Commission.

                                        4
<PAGE>

New Accounting Pronouncements
-----------------------------

In December 2010, the FASB issued ASU No. 2010-29,  Business Combinations (Topic
805): Disclosure of  Supplementary  Pro Forma Information for  Business Combina-
tions. ASU No. 2010-29 amends ASC Topic 805 and reflects the decision reached in
Emerging Issues Task Force ("EITF")  Issue No. 10-G.  The amendments in this ASU
specify that if a  public entity presents  comparative financial statements, the
entity should disclose revenue and earnings of the combined entity as though the
business combination(s) that occurred during the current year had occurred as of
the beginning of the comparable prior  annual reporting period only.  The amend-
ments expand the  supplemental pro forma disclosures to include a description of
the nature and amount of  material, nonrecurring  pro forma adjustments directly
attributable to the business  combination included in the  pro forma revenue and
earnings.  ASU No. 2010-29 becomes effective prospectively  for the Company with
the reporting period  beginning April 1, 2011.  The  Company does not anticipate
that adoption of this new guidance will have a material impact  on its financial
statements for the current and prior periods.

There were other accounting standards and interpretations issued in 2010, all of
which have been determined to not be applicable or significant by management and
are not expected to have a material impact on the financial position, operations
or cash flows.


Note 3.  GOING CONCERN UNCERTAINTIES

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.

These consolidated financial  statements do  not give  effect to any adjustments
which would be necessary should  the Company  be unable to continue  as a  going
concern  and  therefore  be required  to realize  its assets  and  discharge its
liabilities in other than the normal course of business and at amounts different
from those reflected in the accompanying consolidated financial statements.


Note 4.  FAIR VALUE OF FINANCIAL INSTRUMENTS

The Company has adopted ASC 820  which defines fair value and the framework  for
using fair value to measure  assets  and  liabilities,  and  expands disclosures
about fair value measurements.  The  statement applies whenever other statements
require or permit assets or liabilities  to be  measured at fair value.  ASC 820
established the following fair value hierarchy that  prioritizes the inputs used
to measure fair value:

  o    Level 1 -- Unadjusted  quoted prices in active markets for identical,
       unrestricted  assets  or  liabilities  that  are  accessible  at  the
       measurement date;

  o    Level 2 -- Quoted  prices  which are  not active, or inputs  that are
       observable (either directly or indirectly) for substantially the full
       term of the asset or liability; and

  o    Level 3 -- Significant unobservable inputs that reflect the Company's
       own assumptions about the assumptions  that market participants would
       use in pricing an asset or liability.

                                        5
<PAGE>

The Company is responsible for the valuation process and as part of this process
may use  data  from  outside  sources in  establishing fair value.  The  Company
performs  due  diligence  to  understand  the inputs  used or  how  the data was
calculated or derived.  The Company corroborates the  reasonableness of external
inputs in the valuation process.  Cash, accounts payable, and other current lia-
bilities are carried  at book value amounts  which approximate fair value to the
short-term maturity of these instruments.

We used the following fair value measurements for certain of our assets and lia-
bilities during the current period and for the year ended December 31, 2010:

Level 3 Classification:  Investment - MacuCLEAR Preferred Stock
---------------------------------------------------------------

As of this quarterly filing, the Company's subsidiary, Regent NRCo, held 123,128
shares of MacuCLEAR Preferred Stock, of  which  95,858 shares  are  beneficially
held for the  holders of subsidiary  Preferred Stock.  Under the process defined
for Level 3 assets, the Company has determined the fair value for the  MacuCLEAR
Preferred Stock  held directly  changed to $12.00 per share at December 31, 2010
based  on new sales of MacuCLEAR Series A-1 Preferred Stock for $12.00 per share
during October 2010.  The Series A-1  Preferred Stock has  the same designations
as the  Series A Preferred Stock held by the  Company.  The Company's beneficial
holdings have not been increased beyond the original cost of $2.595 per share.

The following tables present the fair value measurement of the holdings of Macu-
CLEAR Preferred Stock,  beneficial and direct, as of March 31, 2011 and December
31, 2010:

<TABLE>
<CAPTION>
                                                            Fair Value Measurements Using
                                                        --------------------------------------
                 March 31, 2011                           Level 1       Level 2       Level 3
                 --------------                         -----------   ----------   -----------
<S>                                                      <C>           <C>           <C>
MacuCLEAR Preferred Stock at fair value ...........      $       -     $       -     $ 575,992

                 December 31, 2010
                 -----------------

MacuCLEAR Preferred Stock at fair value ...........      $       -     $       -     $ 575,992
</TABLE>


Note 5.  ASSET RETIREMENT OBLIGATION

The Company accounts for  asset retirement obligations  based on the guidance of
ASC 410 which addresses accounting and reporting for obligations associated with
the retirement of tangible long-lived assets and the associated asset retirement
costs.  ASC 410 requires that the fair value of a liability for a retirement ob-
ligation be recorded in the period in which it is incurred and the corresponding
cost  capitalized by increasing  the carrying amount  of the related  long-lived
asset.  The liability is accreted to its then present value each period, and the
capitalized cost is  depreciated over the estimated  useful life of  the related
asset.  We have included estimated future costs of abandonment and dismantlement
in our amortization base and amortize these costs as a component of our depreci-
ation, depletion,  and  accretion expense.  There was no change to the Company's
asset retirement obligaton for the current period.

                                        6
<PAGE>

Note 6.  NOTES PAYABLE

Beginning in  2005, the  Company borrowed  various amounts for general corporate
purposes under promissory notes to NR Partners.  During the  current period, all
amounts owed to NR Partners were paid.  The need for  future borrowings  from NR
Partners has not been determined as of the date of this report.

In connection  with the net profits production interest acquisition in  December
2010, the Company's  subsidiary executed a  promissory note  for $81,750 to  SIG
Partners, LC.  The interest  rate on the note is 7%  with principal  payments of
$3,400 per month beginning February 2011.  The promissory note is secured by the
interest conveyed.   The monthly payments for this period have been paid.


Note 7.  SHAREHOLDERS EQUITY

Common and Preferred Stock
--------------------------

The Company's capital  structure is  complex and consists of preferred stock and
a general class of common stock. The Company is  authorized to issue 130,000,000
shares  of stock, of  which 30,000,000 have  been designated as preferred shares
with  a par  value per share of $.10, and  100,000,000 have  been  designated as
common shares with a par value per share of $.01. As of the date of this filing,
there is no preferred  stock outstanding and there are 22,360,233 shares of com-
mon stock outstanding.

Holders of  Regent's common stock are entitled to one vote for each share on all
matters submitted to a  stockholder vote.  Holders of  common stock  do not have
cumulative  voting rights.  Therefore,  holders of a  majority of  the shares of
common stock  voting for the  election of directors can  elect all of the direc-
tors.  Holders of the  Regent's common stock representing a majority of the vot-
ing power of  Regent's capital  stock issued, outstanding  and entitled to vote,
represented in  person or by proxy, are  necessary to constitute a quorum at any
meeting of  stockholders.  A vote by the  holders of a majority of Regent's out-
standing  shares is required to effectuate certain fundamental corporate changes
such as  liquidation,  merger or an  amendment to Regent's  articles of incorpo-
ration.

Holders of Regent's  common  stock are entitled  to share in  all dividends that
the  board of  directors, in its  discretion,  declares  from legally  available
funds.  In the event of liquidation, dissolution  or winding up,  each outstand-
ing share entitles its holder to  participate pro rata in all assets that remain
after payment  of liabilities and after  providing for each  class of  stock, if
any, having  preference  over the  common stock.  Regent's common  stock  has no
pre-emptive  rights, no conversion rights and there are no redemption provisions
applicable to the Regent's common stock.

Stock Options
-------------

No options, warrants or similar rights are outstanding  as of this report date.


                                        7
<PAGE>

Subsidiary Preferred Stock
--------------------------

On April 18, 2007, our subsidiary accepted purchase agreements in a total amount
of $150,000 received  from  four purchasers  of a  private offering of shares of
of Series A  Convertible Preferred Stock at $5.00 per share.  The stock was sold
under a private placement offering to sell $50,000 units convertible into 10,000
shares of common stock of the subsidiary  plus 4,800 shares of  common  stock of
MacuCLEAR common stock. Including the initial sales, our subsidiary has accepted
purchase agreements from additional investors for $497,500. If all of the uncon-
verted shares of the Series A  Preferred  Stock were to  be converted to  common
stock of the subsidiary, the Company's  ownership of the subsidiary would be di-
luted to approximately 90%.


Note 8.  RELATED PARTY TRANSACTIONS

NR Partners, a partnership comprised of Mr. Nelson and director David Ramsour as
partners have loaned various amounts under promissory notes to the Company since
2005.  Also, pursuant to an acquisition in December, 2010, a note payable to Mr.
Nelson was established  (see Note 6).  Under the 2010 acquisition agreement, the
seller,  Signature Investor Group, LC,  dba SIG Partners, LC, is the operator of
the oil and gas interests acquired  which is a company controlled by Mr. Nelson.
There were no new related party transactions during the current period.


Note 9.  COMMITMENTS AND CONTINGENCIES

There were no changes to  our commitments  and contingencies for the three month
period ended March 31, 2011.


Note 10.  SUBSEQUENT EVENTS

Effective April 5, 2011, Regent NRCo acquired a .17% overriding royalty interest
in 153 acres  in Coke County, Texas.  In addition, Regent NRCo received a $2,000
payment, all as part of the agreement assigned to Regent NRCo in the acquisition
executed with Signature Investor Group, LC, dated September 29, 2010, and incor-
porated herein by reference to the  Company's Report on Form 10-K for the period
ended December 31, 2010.


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

The following  discussion is intended to assist in  understanding our results of
operations and our financial condition.  This item should be read in conjunction
with management's discussion and analysis contained in our Annual Report on Form
10-K for the year ended December 31, 2010 filed with the Securities and Exchange
Commission ("SEC") on March 31, 2011.  Our consolidated financial statements and
the accompanying notes included elsewhere in this Quarterly Report on  Form 10-Q
contain  additional  information that  should be referred to when reviewing this
material.  Certain statements in this  discussion may be forward-looking.  These
forward-looking statements  involve risks and  uncertainties,  which could cause
actual results to differ from those expressed in this report.  A glossary of the
meanings of the oil and gas industry terms used in this  Management's discussion
and analysis follows the "Results of operations" table in this Item 2.


                                        8
<PAGE>

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Form 10-Q and other reports filed by  Regent  Technologies, Inc. ("Regent")
from time to time with the Securities and Exchange Commission  (collectively the
"Filings") contain  or may  contain forward looking  statements  and information
that are based upon beliefs of, and information currently available to, Regent's
management as well as  estimates and  assumptions made by  Regent's  management.
The Private Securities Litigation Reform Act of 1995 (the "Act") provides a safe
harbor for forward-looking  statements made by or on behalf of the Company.  The
Company  and its  representatives  may from  time to time make  written  or oral
statements that are  "forward-looking,"  including  statements contained in this
report and other filings with the Securities and Exchange Commission, reports to
the  Company's  shareholders  and news  releases.  All  statements  that express
expectations, estimates, forecasts or projections are forward-looking statements
within the meaning of the Act. In addition,  other  written or oral  statements,
which constitute forward-looking  statements, may be made by or on behalf of the
Company. Words such as "expects", "anticipates", "intends", "plans", "believes",
"seeks", "estimates",  "projects",  "forecasts",  "may", "should", variations of
such words and similar expressions are intended to identify such forward-looking
statements.

DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS

Management cautions that  these forward-looking  statements are  subject to many
risks and uncertainties that could cause our actual results to differ materially
from  projections in  such  forward-looking statements. The risks, uncertainties
and other important factors that may cause our results to differ materially from
those projected  in such forward-looking statements are detailed under the "Risk
Factors".  We undertake  no obligation to update a forward-looking statement  to
reflect subsequent events, changed circumstances, or the occurrence of unantici-
pated events which included, among others, the following:


  --  difficult and adverse conditions in the domestic and global economies;

  --  changes in domestic and global demand for oil and natural gas;

  --  volatility in the prices we receive for our oil and natural gas;

  --  the effects of government regulation, permitting and other legalities;

  --  future developments with respect to the reserves on our properties;

  --  uncertainties about the estimates of our oil and natural gas reserves;

  --  our ability to increase our production through development;

  --  drilling and operating risks;

  --  the availability of equipment, such as drilling rigs and pipelines;

  --  changes in our drilling plans, related budgets and liquidity;

  --  other factors discussed under "Risk Factors" in Item 1A of the Company's
      Form 10-K filed with the SEC for the period ended December 31, 2010.

                                        9
<PAGE>

Other unknown or unpredictable factors may cause actual results to differ mater-
ially from those projected by the forward-looking statements.  Unless  otherwise
required by law, we undertake no obligation  to publicly  update  or revise  any
forward-looking  statements,  whether as  a result  of new  information,  future
events or otherwise. We urge readers to review and consider disclosures  we make
in this and other reports. See in particular our reports on Forms 10-K, 10-Q and
8-K subsequently filed from time to time with the SEC.

In this Form 10-Q, references to "we," "our," "us," the  "Company,"  or "Regent"
refer to  Regent Technologies, Inc., a Colorado corporation, and Regent's wholly
owned subsidiary, Regent Natural Resources Co., a Texas corporation, is referred
to as "Regent NRCo."

General and Business Overview
-----------------------------

Regent Technologies, Inc., a Colorado  corporation, is listed on the Pink Sheets
under the  symbol  "REGT".  We are a  technology-focused  company that  utilizes
emerging proprietary technologies for our involvement in the energy industry. We
have rights to proprietary technologies which we believe provide us an advantage
in the industry.  Our business strategy is to exploit these advantages and gene-
rate  long-term value for our shareholders and partners.  We operate through two
business divisions:
                           -Energy Technology Division
                           -Natural Resources Division

Our Mission is to accomplish our business strategy while maintaining the highest
standards of integrity and professionalism wherever we operate and promoting re-
sponsible energy now and in the future. Our Vision is to employ new technologies
to maximize the  production of petroleum  resources in an efficient and environ-
mentally safe manner while exploring  new technologies for the  increased use of
renewable energy.

Oil and Gas Strategy
--------------------

Our long term oil and gas development strategy is to increase profit margins and
concentrate on obtaining producing properties  with low cost operations and with
the potential for  long-lived  production.  We also focus on the  acquisition of
royalties in areas with exploration and development potential.

Hill County, Texas

Pursuant to the Regent NRCo oil and gas property acquisitions from SIG Partners,
LC ("SIG") during the third and fourth quarters of 2010, we are working with the
operator to test the Austin Chalk formation in the wellbore on the 16 acre lease
acquired.  If the well is not commercial, the  operator has plans to  deepen the
well to 1,300 feet and test the Woodbine formation.  Both formations are produc-
tive in the area  and the well acquired has  produced 16,000 barrels of oil from
the Austin Chalk.  Regent NRCo has a 100% working interest and a 75% net revenue
interest in the lease.   The operator of the lease and  the  operator of the net
profits interest acquired by Regent NRCo on an adjacent lease is SIG (see Note 8
herein, Notes to Interim Consolidated Financial Statements).


                                        10
<PAGE>

Coke County, Texas

Effective April 5, 2011, Regent NRCo acquired a .17% overriding royalty interest
in  153 acres in Coke County, Texas. The acreage is currently being permitted to
drill a  wildcat well, with  plans to drill two additional  wells.  The proposed
initial location will be drilled to  6,700 feet to adequately test all potential
formations and is projected to reach the Gardner limestone.  The main targets in
the prospect are the Strawn and  Palo Pinto reef buildups  which will be reached
between 5,750 and 6,500 feet. It is expected that the prospect will encounter at
least 300 feet of porous reef facies over an area of 115 acres.  The oil and gas
potential is  600,000 barrels of oil and 1.5 billion cubic  feet of gas assuming
20 feet of oil with a recovery factor based on nearby fields.  Possible back out
potential exists in the Cisco sandstone and limestone intervals as well as Wolf-
camp sandstone.  The Wolfcamp produced  over 11,500 barrels of oil in a well 1.3
miles south of our  proposed location from perforations  between 3,770 and 3,840
feet.

We are continuing to  review projects in which  we may participate.  The cost of
such projects would be funded  through borrowings and, if appropriate,  sales of
common or preferred stock of the  Company or our subsidiary or  partial sales of
our investment in MacuClear Preferred Stock.

Liquidity and Capital Resources
-------------------------------

Regent has funded operations through short-term borrowings and equity investment
sales in order to meet obligations.  Our future operations  are  dependent  upon
external  funding and  our  ability  to  increase revenues  and reduce expenses.
There is no assurance 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.

Crude oil and natural gas prices  have fluctuated significantly in recent years.
The effect  of declining  prices on the oil business can be  significant.  Lower
product prices will reduce our cash flow from  operations and  diminish the pre-
sent value of our  oil and gas reserves.  Lower  product prices  also offer less
incentive to assume the development risks that are inherent in our business. The
volatility of the energy markets makes it extremely  difficult to predict future
oil and natural gas price movements with any certainty. For example, the average
oil price for  West Texas Intermediate ("WTI") for three  months ended March 31,
2011 was  $93.54 compared to  $78.64 for the  three months ended March 31, 2010.
During the first quarter, the average oil price for the production under our net
profits interest agreement was $87.76.  During the quarter, we used  $9,480 from
operating activities  primarily for professional fees as  compared to $8,268 for
the same period in 2010.  Also, during the current period, we  applied $9,700 to
debt service. As of March 31, 2010, the Company had total assets of $676,420 and
total liabilities of $81,603, of which $74,950 is a promissory note to a related
party.   Management is of  the opinion that cash flow  from operations and funds
available from financing will be sufficient to provide needed  liquidity through
this fiscal year.

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


                                        11
<PAGE>

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.

Results of Operations
---------------------

Revenues

The  Company had $6,521 of revenue for the first quarter ended March 31, 2011 as
compared to none for the period ended  March 31, 2010.  Net loss from operations
was $4,473 for the quarter ended March 31, 2011, as compared to a  net loss from
operations of $7,168 for the quarter  ended March 31, 2010.  The improvement was
due to the Company's new oil and gas operations.

Operating Expenses

Operating expenses are  principally insurance, accounting  and engineering fees.
General  and  administrative  expenses were  $10,907 for the  three months ended
March 31, 2011  compared  to $7,168  for the three  months ended March 31, 2010.
Interest expense was $906 for the three months ended March 31, 2011  compared to
net interest income of $607 for the same period in 2010. The increase in general
and  administrative expenses  for the current  period was due to  our outlay for
directors and officers liability insurance which was not an expense for 2010.


Item 3.  Quantitative and Qualitative Disclosures About Market Risk
-------  ----------------------------------------------------------

There have been no material changes in market risk from the information provided
in our Annual Report on Form 10-K as of December 31, 2010.


Item 4.  Controls and Procedures
-------  -----------------------

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures to ensure that the information we
must disclose in our filings with the SEC is recorded, processed, summarized and
reported on a timely basis. At the end of the period covered by this report, our
principal executive and  principal financial officers reviewed and evaluated the
effectiveness of  our disclosure controls and procedures, as defined in Exchange
Act Rules 13a-15(e) and 15d-15(e).  Based on such evaluation, such officers con-
cluded that,  as of March 31, 2010, our disclosure controls and  procedures were
effective to ensure that  information we are required to disclose in the reports
that we file under the Act is disclosed within the time periods specified in the
rules and forms of the SEC and are effective to ensure that information required
to be disclosed by us is accumulated and communicated to them to allow timely
decisions regarding required disclosure.

                                        12
<PAGE>

Changes in Internal Control over Financial Reporting

No changes in the Company's system of internal control over financial  reporting
occurred during the most recent fiscal quarter that have materially affected, or
are reasonably  likely to materially  affect,  internal  control over  financial
reporting.

                           PART II. OTHER INFORMATION

Item 1.  Legal Proceedings.
-------  ------------------

The Company is not aware of any  pending claims or  assessments, that may have a
material adverse impact on Regent's financial  position or operations.

Item 1A.  Risk Factors.
--------  -------------

The  discussion  in Part I, "Item 1A. Risk Factors." in  the Company's 2010 Form
10-K, of the risk factors which could materially affect the Company's  business,
or future results, should be carefully considered.  The risks described  in  the
Form  10-K are  not the only   risks  facing the Company.  Additional  risks and
uncertainties not currently known to the Company or that currently are deemed to
be immaterial  also may  materially  adversely  affect the  Company's  business,
financial condition or operating results.


Item 2.  Changes in Securities
------   ---------------------

         None.

Item 3.  Defaults Upon Senior Securities
-------  -------------------------------
         None.

Item 4.  Removed and Reserved
-------  --------------------

Item 5.  Other Information.
-------  ------------------

         None.

Item 6.  Exhibits
-------  --------

         The exhibits listed below are filed herewith.

Exhibit
Number                          Description of Exhibit
------                          ----------------------

31.1   Certification of C.E.O. and Principal Accounting Officer Pursuant to
       Rule 13a-14(a) of the Securities Exchange Act of 1934

32.1   Certification of C.E.O. and Principal Accounting Officer Pursuant to
       18 U.S.C. Section 1350


                                       13

<PAGE>
                                   SIGNATURE


In accordance with the requirements of the Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.




Date:  May 11, 2011                REGENT TECHNOLOGIES, INC.
                                          (Registrant)

                           By: /s/ David A. Nelson
                                   ---------------------------------------
                                   David A. Nelson, Chief Executive Officer
                                   (Principal Financial and Accounting Officer)

                                       14
<PAGE>