**UNITED
      STATES SECURITIES AND EXCHANGE COMMISSION**


**Washington,
      D.C. 20549**





**FORM
      10-QSB**





[X]
      Quarterly Report under Section 13 or 15(d) of the Securities Exchange Act of
      1934 for the quarterly period ended


**August
      31, 2007**





[
      ]
      Transition report under Section 13 or 15(d) of the Exchange Act For the
      transition period from ___ to ___







**COMMISSION
      FILE NUMBER: 000-52218**







**STRIKER
      ENERGY CORP.**


(Exact
      name of registrant as specified in its charter)





**Neva** **da** **** **2** **0-2590810**


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







**1305 - 12 Ave West, Suite 1402**


Vancouver,
      BC, Canada V6H
      1M3


(Address of principal executive offices) (Zip Code)








Registrant's
      telephone number, including area code:  **(604)
      733-3356**





**None**


Former
      Name, Address and Fiscal Year, if Changed Since Last Report





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





Indicate
      by check mark whether the registrant is a shell company (as defined in Rule
      12b-2 of the Exchange Act).  Yes **X** No





The
      number of shares outstanding of the registrant's common stock as of August
      31,
      2007 was 10,003,000.











**1**























**TABLE
      OF CONTENTS**










**PART
      I: FINANCIAL INFORMATION**





Item
      1.
      Financial
      Statements.....................................................................................................
      4





Item
      2.
      Management's Discussion and Analysis or Plan of Operation ....................................
      16




Item
      3.
      Controls and
      Procedures...............................................................................................
      18





**PART
      II: OTHER INFORMATION**





Item
      1A
      Risk
      Factors.................................................................................................................18





Item
      2.
      Unregistered Sales of Equity Securities and Use of
      Proceeds.......................................19





Item
      6.
      Exhibits..........................................................................................................................19





Signatures.................................................................................................................................19











**Note
      Regarding Forward-Looking Statements**





The
      statements contained in this Form 10-QSB that are not purely historical are
      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. These include statements about our expectations, beliefs, intentions
      or strategies for the future, which are indicated by words or phrases such
      as
      anticipate, expect, intend, plan, will, the Company believes, management
      believes and similar words or phrases. The forward-looking statements are based
      on our current expectations and are subject to certain risks, uncertainties
      and
      assumptions. Our actual results could differ materially from results anticipated
      in these forward-looking statements. All forward-looking statements included
      in
      this document are based on information available to us on the date hereof,
      and
      we assume no obligation to update any such forward-looking
      statements.








**2**





**PART
      I - FINANCIAL INFORMATION**




***Item
      1. Financial Information***





The
      financial statements for Striker Energy Corp. (the "Company") included herein
      are unaudited but reflect, in management's opinion, all adjustments, consisting
      only of normal recurring adjustments, that are necessary for a fair presentation
      of the Company's financial position and the results of its operations for the
      interim periods presented. Because of the nature of the Company's business,
      the
      results of operations for the three and six month period ended August 31, 2007
      are not necessarily indicative of the results that may be expected for the
      full
      fiscal year. The financial statements included herein should be read in
      conjunction with the audited financial statements and notes for the year ended
      February 28, 2007, included in our annual report on Form 10-KSB, which can
      be
      found on the SEC website at www.sec.gov under
      our SEC File Number 0-52218.






































**3**

















**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**





Financial
      Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2007**








**4**





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Balance
      Sheets


(Expressed
      in U.S. Dollars)


(Unaudited)





**As
                at 31 August 2007**
            
            **As
                at 28 February 2007**
              **(Audited)****$**
            
            **$****Assets****Current**Cash
                and cash equivalents
            
            952
            
            24,368**Liabilities****Current**Accounts
                payable and accrued liabilities (Note 4)
            
            5,100
            
            14,765Due
                to related party (Note 5)
            
            16,900
            
            14,70022,000
            
            29,465**Stockholders’
                deficiency****Capital
                stock**(Note 7)Authorized31
                August 2007 - 75,000,000 common shares, par value $0.000128
                February 2007 - 75,000,000 common shares, par value
                $0.0001Issued
                and outstanding31
                August 2007 - 10,003,000 common shares,par
                value $0.0001
            
            1,003
            
            1,00328
                February 2007 - 10,003,000 common shares, par value
                $0.0001**Additional
                paid-in capital**
            
            73,227
            
            66,027**Deficit,
                accumulated during the exploration stage**
            
            (95,278)
            
            (72,127)(21,048)
            
            (5,097)952
            
            24,368





**Nature
      and Continuance of Operations** (Note
      1 )
      and **Commitments** (Note
      8 )





**On
      behalf of the Board:**





/s/
      Shawn
      Perger,
      Director **/s/** Brian
      Cole, **** Director








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





**5**





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Statements
      of Operations


(Expressed
      in U.S. Dollars)


(Unaudited)





**For
                the period from the date of inception on 18 March 2005 to 31 August
                2007**
            
            **For
                the three month period ended 31 August 2007**
            **For
                the three month period ended 31 August 2006**
            
            **For
                the six month period ended 31 August 2007**
            **For
                the six month period ended 31 August 2006****$**
            
            **$**
            
            **$**
            
            **$**
            
            **$****Expenses**Acquisition
                of mineral property interest (Note 3)
            
            5,000
            
            -
            
            -
            
            -
            
            -Bank
                charges and interest
            
            517
            
            65
            
            28
            
            101
            
            292Consulting
                fees
            
            10,176
            
            -
            
            20
            
            -
            
            20Exploration
                of mineral property
            
            3,000
            
            -
            
            3,000
            
            -
            
            3,000Filing
                fees
            
            2,800
            
            1,200
            
            -
            
            1,400
            
            -Investor
                relations
            
            119
            
            -
            
            -
            
            119
            
            -Legal
                and accounting fees
            
            42,833
            
            8,126
            
            5,903
            
            10,665
            
            14,927Licenses
                and permits
            
            7,305
            
            2,300
            
            -
            
            2,650
            
            1,117Management
                fees (Note 6)
            
            15,000
            
            3,000
            
            3,000
            
            6,000
            
            3,000Office
                expenses
            
            90
            
            -
            
            -
            
            61
            
            18Rent
                (Note 6)
            
            4,200
            
            600
            
            600
            
            1,200
            
            1,200Transfer
                agent fees
            
            2,807
            
            600
            
            487
            
            955
            
            1,487Web
                site development
            
            1,431
            
            -
            
            -
            
            -
            
            -**Net
                loss for the period**
            
            95,278
            
            15,891
            
            13,038
            
            23,151
            
            25,061**Basic
                and diluted loss per common share**
            
            
            
            0.002
            
            0.001
            
            0.002
            
            0.003**Weighted
                average number of common shares used in per share
                calculations**
            
            
            
            10,003,000
            
            10,003,000
            
            10,003,000
            
            10,003,000











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








**6**


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Statements
      of Cash Flows


(Expressed
      in U.S. Dollars)


(Unaudited)





**For
                the period from the date of inception on 18 March 2005 to 31 August
                2007**
            **For
                the three month period ended 31 August 2007**
            **For
                the three month period ended 31 August 2006**
            
            **For
                the six month period ended 31 August 2007**
            
            **For
                the six month period ended 31 August 2006****$**
            
            **$**
            
            **$**
            
            **$**
            
            **$****Cash
                flows from operating activities**Net
                loss for the period
            
            (95,278)
            
            (15,891)
            
            (13,038)
            
            (23,151)
            
            (25,061)Adjustments
                to reconcile loss to net cash used by operating activitiesContributions
                to capital by related party - expenses (Notes 6 and 10)
            
            19,200
            
            3,600
            
            3,600
            
            7,200
            
            4,200Common
                shares issued for services (Note 7)
            
            30
            
            -
            
            20
            
            -
            
            20Changes
                in operating assets and liabilitiesIncrease
                (decrease) in accounts payable and accrued liabilities
            
            5,100
            
            975
            
            495
            
            (9,665)
            
            1,495(70,948)
            
            (11,116)
            
            (8,923)
            
            (25,616)
            
            (19,346)**Cash
                flows from financing activities**Increase
                in due to related party (Notes 5 and 6)
            
            16,900
            
            2,200
            
            -
            
            2,200
            
            -Common
                shares returned to treasury (Note 7)
            
            (5,000)
            
            -
            
            -
            
            -
            
            -Common
                shares issued for cash (Note 7)
            
            60,000
            
            -
            
            -
            
            -
            
            50,00071,900
            
            2,200
            
            -
            
            2,200
            
            50,000**Increase
                (decrease) in cash and cash equivalents**
            
            952
            
            (9,116)
            
            (8,923)
            
            (23,416)
            
            30,654**Cash
                and cash equivalents, beginning of period**
            
            -
            
            10,068
            
            43,541
            
            24,368
            
            3,964**Cash
                and cash equivalents, end of period**
            
            952
            
            952
            
            34,618
            
            952
            
            34,618





**Supplemental
      Disclosures with Respect to Cash Flows** (Note
      10 )





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


**7**


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Statements
      of Changes in Stockholders’ Deficiency


(Expressed
      in U.S. Dollars)


(Unaudited)





**Number
                of shares issued**
            **Share
                capital**
            **Additional
                paid-in capital**
            **Deficit,
                accumulated during the development stage**
            **Total
                stockholders’ deficiency****$**
            
            **$**
            
            **$**
            
            **$****Balance
                at 18 March 2005 (inception)**Restricted
                common shares issued for cash ($0.001 per share) - 1 September 2005
                (Note
                7)
            
            5,000,000
            
            500
            
            4,500
            
            -
            
            5,000Contributions
                to capital by related party (Note 6)
            
            -
            
            -
            
            600
            
            -
            
            600Net
                loss for the period
            
            -
            
            -
            
            -
            
            (21,237)
            
            (21,237)**Balance
                at 28 February 2006**
            
            5,000,000
            
            500
            
            5,100
            
            (21,237)
            
            (15,637)Common
                shares issued for cash ($0.01 per share) - May 2006 (Note
                7)
            
            5,000,000
            
            500
            
            49,500
            
            -
            
            50,000Common
                shares issued for services ($0.01 per share) - August 2006 (Notes
                6 and
                10)
            
            3,000
            
            3
            
            27
            
            -
            
            30Contributions
                to capital by related parties - expenses (Notes 6 and 10)
            
            -
            
            -
            
            11,400
            
            -
            
            11,400Net
                loss for the year
            
            -
            
            -
            
            -
            
            (50,890)
            
            (50,890)**Balance
                at 28 February 2007**
            
            10,003,000
            
            1,003
            
            66,027
            
            (72,127)
            
            (5,097)Contributions
                to capital by related parties - expenses (Notes 6 and 10)
            
            -
            
            -
            
            7,200
            
            -
            
            7,200Common
                shares returned to treasury and cancelled for cash ($0.01 per share)
                -
                April 2007 (Note 7)
            
            (500,000)
            
            (50)
            
            (4,950)
            
            -
            
            (5,000)Common
                shares issued for cash ($0.01 per share) - May 2007 (Note
                7)
            
            500,000
            
            50
            
            4,950
            
            -
            
            5,000Net
                loss for the period
            
            -
            
            -
            
            -
            
            (23,151)
            
            (23,151)**Balance
                at 31 August 2007**
            
            10,003,000
            
            1,003
            
            73,277
            
            (95,278)
            
            (21,048)








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







**8**







**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


31
      August
      2007





**1.
      Nature and Continuance of Operations** ****





Striker Energy Corp. (the “Company”) was incorporated under the laws of the
      State of Nevada on 18 March 2005 for the purpose to promote and carry on any
      lawful business for which a corporation may be incorporated


under the laws of the State of Nevada. The Company intends to engage in the
      acquisition and exploration of mineral properties. The Company intends to
      conduct exploration activities on its current and future properties and,


if warranted, will seek a major mining company to joint venture in any
      development and/or production. The Company is currently based in North
      Vancouver, British Columbia, Canada.





The
      Company is an exploration stage company, as defined in Financial Accounting
      Standards Board (“FASB”) Statement of Financial Accounting Standards (“SFAS”)
      No. 7 “ *Accounting
      and Reporting by Development Stage Enterprises* ”,
      and
      Industry Guide 7 of the Securities Exchange Commission Industry Guide. The
      Company is devoting all of its present efforts in securing and establishing
      a
      new business, and its planned principle operations have not commenced, and,
      accordingly, no revenue has been derived during the organization
      period.





The
      Company’s financial statements as at 31 August 2007 and for the six month period
      ended 31 August 2007 have been prepared on a going concern basis, which
      contemplates the realization of assets and the settlement of liabilities and
      commitments in the normal course of business. The Company has a loss of $23,151
      for the six month period ended 31 August 2007 (31 August 2006 - $25,061) and
      has
      working capital deficit at 31 August 2007 of $21,048 (28 February 2007 - working
      capital deficit of $5,097).





Management
      cannot provide assurance that the Company will ultimately achieve profitable
      operations or become cash flow positive, or raise additional debt and/or equity
      capital. Management believes that the Company’s capital resources should be
      adequate to continue operating and maintaining its business strategy for the
      remainder of 2008. However, if the Company is unable to raise additional capital
      in the near future, due to the Company’s liquidity problems, management expects
      that the Company will need to curtail operations, liquidate assets, seek
      additional capital on less favourable terms and/or pursue other remedial
      measures. These financial statements do not include any adjustments related
      to
      the recoverability and classification of assets or the amounts and
      classification of liabilities that might be necessary should the Company be
      unable to continue as a going concern.





As
      at 31
      August 2007, the Company was not currently fully engaged in an operating
      business and expects to incur development stage operating losses for the next
      year to eighteen months. It intends to rely on officers and directors to perform
      essential functions with minimal compensation until a business operation can
      be
      fully commenced. Management believes the Company will be able to raise
      sufficient capital to implement its business plan, and thus will continue as
      a
      going concern during this period while its plans are implemented.





**9**





**Striker
        Energy Corp.**
 **(An
        Exploration Stage Company)**
 Notes
        to
        Financial Statements
 (Expressed
        in U.S. Dollars)
 (Unaudited)
 31
        August
        2007


**2.
      Significant Accounting Policies**





The
      following is a summary of significant accounting policies used in the
      preparation of these financial statements.





**Basis
      of presentation**





The accounting and reporting policies of the Company conform to accounting
      principles generally accepted in the United States of America applicable to
      exploration stage enterprises. The functional currency is the U.S.


dollar, and the financial statements are presented in U.S. dollars.





**Cash and cash equivalents**





Cash
      and
      cash equivalents include highly liquid investments with original maturities
      of
      three months or less.





**Mineral
      property costs**





The
      Company has been in the exploration stage since its formation on 18 March 2005
      and has not yet realized any revenues from its planned operations. It is
      primarily engaged in the acquisition and exploration of mining properties.
      Mineral property acquisition and exploration costs are charged to operations
      as
      incurred. When it has been determined that a mineral property can be
      economically developed as a result of establishing proven and probable reserves,
      the costs incurred to develop such property, are capitalized. Such costs will
      be
      amortized using the units-of-production method over the estimated life of the
      probable reserve.





Although the Company has taken steps to verify title to mineral properties
      in
      which it has an interest, according to the usual industry standards for the
      stage of exploration of such properties, these procedures do not


guarantee the Company’s title. Such properties may be subject to prior
      agreements or transfers and title may be affected by undetected
      defects.





**Reclamation
      costs**





The
      Company’s policy for recording reclamation costs is to record a liability for
      the estimated costs to reclaim mined land by recording charges to production
      costs for each tonne of ore mined over the life of the mine. The amount charged
      is based on management’s estimation of reclamation costs to be incurred. The
      accrued liability is reduced as reclamation expenditures are made. Certain
      reclamation work is performed concurrently with mining and these expenditures
      are charged to operations at that time.





**10**


**Striker
        Energy Corp.**
 **(An
        Exploration Stage Company)**
 Notes
        to
        Financial Statements
 (Expressed
        in U.S. Dollars)
 (Unaudited)
 31
        August
        2007


**Fair value of financial instruments and derivative financial
      instruments**





The carrying amounts of cash and current liabilities approximate fair value
      because of the short maturity of these items. These fair value estimates are
      subjective in nature and involve uncertainties and matters of
      significant


judgment, and, therefore, cannot be determined with precision. Changes in
      assumptions could significantly affect these estimates. The Company does not
      hold or issue financial instruments for trading purposes, nor does it


utilize derivative instruments in the management of foreign exchange, commodity
      price or interest rate market risks.





**Income
      taxes**





Potential
      benefits of income tax losses are not recognized in the accounts until
      realization is more likely than not. The Company has adopted SFAS No. 109,
      “ *Accounting
      for Income Taxes* ”,
      as of
      its inception. Pursuant to SFAS No. 109, the Company is required to compute
      tax
      asset benefits for net operating losses carried forward. The potential benefits
      of net operating losses have not been recognized in these financial statements
      because the Company cannot be assured it is more likely than not it will utilize
      the net operating losses carried forward in futures years.





**Basic
      and diluted net loss per share**





The
      Company computes net income (loss) per share in accordance with SFAS No.128,
      “ *Earnings
      per Share* ”.
      SFAS
      No. 128 requires presentation of both basic and diluted earnings per share
      (“EPS”) on the face of the income statement. Basic EPS is computed by dividing
      net income (loss) available to common shareholders (numerator) by the weighted
      average number of shares outstanding (denominator) during the period. Diluted
      EPS gives effect to all dilutive potential common shares outstanding during
      the
      period using the treasury stock method and convertible preferred stock using
      the
      if-converted method. In computing diluted EPS, the average stock price for
      the
      period is used in determining the number of shares assumed to be purchased
      from
      the exercise of stock options or warrants. Diluted EPS excluded all dilutive
      potential shares if their effect is anti-dilutive.





**Comprehensive loss**





SFAS No. 130, “ *Reporting
      Comprehensive Income* ”,
      establishes standards for the reporting and display of comprehensive loss and
      its components in the financial statements. As at 31 August 2007, the Company
      has no


items that represent a comprehensive loss and, therefore, has not included
      a
      schedule of comprehensive loss in the financial statements.





**11**





**Striker
        Energy Corp.**
 **(An
        Exploration Stage Company)**
 Notes
        to
        Financial Statements
 (Expressed
        in U.S. Dollars)
 (Unaudited)
 31
        August
        2007


**Segments
      of an enterprise and related information**





SFAS
      No.
      131, “ *Disclosures
      about Segments of an Enterprise and Related Information* ”,
      supersedes SFAS No. 14, “ *Financial
      Reporting for Segments of a Business Enterprise* ”.
      SFAS
      No.131 establishes standards for the way that public companies report
      information about operating segments in annual financial statements and requires
      reporting of selected information about operating segments in interim financial
      statements issued to the public. It also establishes standards for disclosures
      regarding products and services, geographic areas and major customers. SFAS
      No.131 defines operating segments as components of a company about which
      separate financial information is available that is evaluated regularly by
      the
      chief operating decision maker in deciding how to allocate resources and in
      assessing performance. The Company has evaluated this SFAS and does not believe
      it is applicable at this time.





**Start-up
      expenses**





The
      Company has adopted Statement of Position No. 98-5, “ *Reporting
      the Costs of Start-up Activities* ”,
      which
      requires that costs associated with start-up activities be expensed as
      incurred.  Accordingly, start-up costs associated with the Company's
      formation have been included in the Company's general and administrative
      expenses for the period from the date of inception on 18 March 2005 to 31 August
      2007.





**Foreign
      currency translation**





The
      Company’s functional and reporting currency is the U.S. dollar. The financial
      statements of the Company are translated to U.S. dollars in accordance with
      SFAS
      No. 52, “ *Foreign
      Currency Translation* ”.
      Monetary assets and liabilities denominated in foreign currencies are translated
      using the exchange rate prevailing at the balance sheet date. Gains and losses
      arising on translation or settlement of foreign currency denominated
      transactions or balances are included in the determination of income. The
      Company has not, to the date of these financial statements, entered into
      derivative instruments to offset the impact of foreign currency fluctuations.




**Use
      of estimates**




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





**12**


**Striker
        Energy Corp.**
 **(An
        Exploration Stage Company)**
 Notes
        to
        Financial Statements
 (Expressed
        in U.S. Dollars)
 (Unaudited)
 31
        August
        2007


**Recent
      accounting pronouncements**





In
      December 2004, FASB issued SFAS No. 123 (Revised 2004) ("SFAS No. 123R"),
“ *Share-Based
      Payment* ”.
      SFAS
      No. 123R require that the compensation cost relating to share-based payment
      transactions be recognized in financial statements. That cost will be measured
      based on the fair value of the equity of liability instruments issued. SFAS
      No.
      123R represents the culmination of a two-year effort to respond to requests
      from
      investors and many others that the FASB improve the accounting for share-based
      payment arrangements with employees. The scope of SFAS No.123R includes a wide
      range of share-based compensation arrangements including share options,
      restricted share plans, performance-based awards, share appreciation rights
      and
      employee share purchase plans. SFAS No. 123R replaces SFAS No. 123,
“ *Accounting
      for Stock-Based Compensation* ”
and
      supersedes APB Opinion No. 25, “ *Accounting
      for Stock Issued to Employees* ”.
      SFAS
      No.123, as originally issued in 1995, established as preferable a
      fair-value-based method of accounting for share-based payment transactions
      with
      employees. However, that statement permitted entities the option of continuing
      to apply the guidance in APB Opinion No. 25, as long as the footnotes to the
      financial statements disclosed what net income would have been had the
      preferable fair-value-based method been used. Although those disclosures helped
      to mitigate the problems associated with accounting under APB Opinion No. 25,
      many investors and other users of financial statements believed that the failure
      to include employee compensation costs in the income statement impaired the
      transparency, comparability and credibility of financial statements. Public
      entities that file as small business issuers will be required to apply SFAS
      No.123R in the first interim or annual reporting period that begins after 15
      December 2005. The adoption of this standard is not expected to have a material
      impact on the Company's results of operations or financial
      position.





In
      December 2004, the FASB issued SFAS No. 153, “ *Exchanges
      of Non-monetary Assets - An Amendment of APB Opinion No. 29* ”.
      SFAS
      No. 153 is the result of a broader effort by the FASB to improve financial
      reporting by eliminating differences between accounting principles generally
      accepted in the United States of America and generally accepted accounting
      principles developed by the International Accounting Standards Board (“IASB”).
      As part of this effort, the FASB and the IASB identified opportunities to
      improve financial reporting by eliminating certain narrow differences between
      their existing accounting standards. SFAS No. 153 amends APB Opinion No. 29,
      “ *Accounting
      for Non-monetary Transactions* ”,
      that
      was issued in 1973. The amendments made by SFAS No.153 are based on the
      principle that exchanges of non-monetary assets should be measured based on
      the
      fair value of the assets exchanged. Further, the amendments eliminate the narrow
      exception for non-monetary exchanges of similar productive assets and replace
      it
      with a broader exception for exchanges of non-monetary assets that do not have
      "commercial substance." Previously, APB Opinion No. 29 required that the
      accounting for an exchange of a productive asset for a similar productive asset
      or an equivalent interest in the same or similar productive asset should be
      based on the recorded amount of the asset relinquished. The provisions in SFAS
      No.153 are effective for nonmonetary asset exchanges occurring in fiscal periods
      beginning after 15 June 2005. Early application is permitted and companies
      must
      apply the standard prospectively. The effect of adoption of this standard is
      not
      expected to have a material impact on the Company's results of operations and
      financial position.




FASB
      has
      also issued SFAS No. 151, SFAS No. 152 and SFAS No. 154, but they will not
      have
      any relationship to the operations of the Company; therefore, a description
      and
      its impact on the Company's operations for each have not been
      disclosed.




In
      March
      2005, the US Securities and Exchange Commission (“SEC”) staff issued Staff
      Accounting Bulletin (“SAB”) No. 107 to give guidance on the implementation of
      SFAS No. 123R. The Company will consider SAB No. 107 during the implementation
      of SFAS No. 123R.









**13**





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


31
      August
      2007








**3.
      Mineral Properties** ****




On
      28
      September 2005 the Company entered into a mineral property option agreement
      (the
“Agreement”) with an unrelated third party (the “Seller”), wherein the Company
      would acquire 50% of the rights, title and interests in and to the Bald Mountain
      Claims in Nye County, Nevada. The Agreement calls for the Company to pay $5,000
      in cash on signing, to make a second cash payment of $10,000 on the second
      anniversary of the Agreement and to complete exploration expenditures totalling
      $500,000 over a 3 year period (Note 8 ).
      On 28
      September 2005 the Company consummated the Agreement and paid the Seller
      $5,000.





On
      28
      August 2007 the Company amended the Agreement by extending its duration from
      3
      years to 5 years after the date of first signing on 28 September 2005. The
      amended Agreement calls for the Company to pay $5,000 on the second anniversary
      of the Agreement, to make a third cash payment of $10,000 on the third
      anniversary of the Agreement and to complete exploration expenditures totalling
      $500,000 over a 5 year period (Note 8 ).




**4.
      Accounts Payable and Accrued Liabilities**





Accounts
      payable and accrued liabilities are non-interest bearing, unsecured and have
      settlement dates within one year.





**5.
      Due to Related Party**





The
      balance due to a related party is non-interest bearing, unsecured and is due
      on
      demand.





As
      at 31
      August 2007, the amount due to a related party consisted of $16,900 (28 February
      2007 - $14,700)
      payable to an officer, director and shareholder of the Company.





**14**


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


31
      August
      2007








**6.
      Related Party Transactions**





During
      the six month period ended 31 August 2007, an officer and director of the
      Company made contributions to capital for management fees in the amount of
      $6,000 (31 August 2006 - $3,000,
      cumulative - $15,000)
      and for rent in the amount of $1,200 (31 August 2006 - $1,200,
      cumulative - $4,200)
      (Note 10).




**7.
      Capital Stock**





**Authorized**




The
      total
      authorized capital is 75,000,000 common shares with a par value of $0.0001.





**Issued
      and outstanding**




The
      total
      issued and outstanding capital stock is 10,003,000 common shares with a par
      value of $0.0001 per common share.





On
      1
      September 2005, 5,000,000 common shares of the Company were issued to an officer
      and director of the Company for cash proceeds of $5,000.





On
      2 May
      2006, the Company completed a public offering of securities pursuant to an
      exemption provided by Rule 504 of Regulation D, registered in the State of
      Nevada, and issued 5,000,000 common shares for total cash proceeds of
      $50,000.





On
      29
      August 2006, 2,000 common shares valued at $0.01 per share of the Company were
      issued to an officer and director of the Company for services rendered (Note
      10).





On
      1
      February 2007, 1,000 common shares valued at $0.01 per share of the Company
      were
      issued to a director of the Company for services rendered (Note 10).





On
      30
      April 2007, 500,000 common shares of the Company were returned to treasury
      and
      cancelled; $5,000 was returned to the investors.





On
      14 May
      2007, 500,000 common shares valued at $0.01 per share of the Company were issued
      for total cash proceeds of $5,000.





**15**


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


31
      August
      2007








**8.
      Commitment** **s**





The
      Company has outstanding and future commitments under a mineral property option
      agreement (Note 3 ).





**9.
      Income Taxes******





The
      Company has losses carried forward for income tax purposes to 31 August 2007.
      There are no current or deferred tax expenses for the period ended 31 August
      2007 due to the Company’s loss position. The Company has fully reserved for any
      benefits of these losses. The deferred tax consequences of temporary differences
      in reporting items for financial statement and income tax purposes are
      recognized, as appropriate. Realization of the future tax benefits related
      to
      the deferred tax assets is dependent on many factors, including the Company’s
      ability to generate taxable income within the net operating loss carryforward
      period. Management has considered these factors in reaching its conclusion
      as to
      the valuation allowance for financial reporting purposes.





The
      provision for refundable federal income tax consists of the
      following:





**For
                the six month period ended 31 August 2007**
            
            **For
                the six month period ended 31 August 2006****$**
            
            **$**Refundable
                federal tax asset attributable to:
            
            7,871
            
            8,521Current
                operationsContributions
                to capital by related party
            
            (2,448)
            
            (1,428)Less:
                Change in valuation allowance
            
            (5,423)
            
            (7,093)Net
                refundable amount
            
            -
            
            -














**16**


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


31
      August
      2007








The
      composition of the Company’s deferred tax assets as at 31 August 2007 and 28
      February 2007 is as follows:


**As
                at 31 August 2007**
            
            **As
                at 28 February 2007 (Audited)****$**Net
                operating loss carryforward
            
            76,078
            
            60,097Statutory
                federal income tax rate
            
            34%
            
            34%Effective
                income tax rate
            
            0%
            
            0%Deferred
                tax assetTax
                loss carry-forward
            
            25,867
            
            20,433Less:
                Valuation allowance
            
            (25,867)
            
            (20,433)Net
                deferred tax asset
            
            -
            
            -





The
      potential income tax benefit of these losses has been offset by a full valuation
      allowance.





As
      at 31
      August2007, the Company has an unused net operating loss carry forward balance
      of approximately $76,078 that is available to offset future taxable income.
      This
      unused net operating loss carry-forward balance expires in 2026.





**10.
      Supplemental Disclosures with Respect to Cash Flows** ****





**For
                the period from inception on 18 March 2005 to 31 August
                2007**
            
            **For
                the six month period ended 31 August 2007**
            
            **For
                the six month period ended 31 August 2006****$**
            
            **$**
            
            **$**Cash
                paid during the period for interest
            
            
            
            -
            
            -
            
            -Cash
                paid during the period for income taxes
            
            
            
            -
            
            -
            
            -





On
      29
      August 2006, 2,000 common shares valued at $0.01 per share of the Company were
      issued to an officer and director of the Company for services rendered (Note
      7).





On
      1
      February 2007, 1,000 common shares valued at $0.01 per share of the Company
      were
      issued to a director of the Company for services rendered (Note 7).





During
      the six month period ended 31 August 2007, an officer and director of the
      Company made contributions to capital for management fees in the amount of
      $6,000 (31 August 2006 - $3,000,
      cumulative - $15,000)
      and for rent in the amount of $1,200 (31 August 2006 - $1,200,
      cumulative - $4,200)
      (Note 6 ).











**-**





**17**





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





The
      following discussion should be read in conjunction with the information
      contained in the audited financial statements and notes thereto set forth in
      our
      Annual Report on Form 10-KSB for the year ended February 28, 2007, which can
      be
      found in its entirety on the SEC website at www.sec.gov , filed
      under our SEC File Number 0-52218.





***General***





Striker
      Energy Corp. was incorporated in the State of Nevada on March 18, 2005 to engage
      in the exploration of mining properties. In May 2006, we completed a public
      offering of our securities pursuant to an exemption provided by Rule 504 of
      Regulation D, registered in the State of Nevada, and raised a total of $50,000.
      Our primary goal is to engage in the acquisition, exploration and development
      of
      natural resource properties, beginning with our current claims in the State
      of
      Nevada. We are only in the exploration stage and there can be no assurance
      that
      any commercially viable mineralized deposits exist, or will be found, on these
      properties until such time as appropriate exploration work can be done on the
      properties and a comprehensive economic evaluation based upon such work is
      concluded.





In
      September 2005, we entered into an agreement to acquire a 50% right, title
      and
      interest in and to the Bald Mountain Wash Gold Property and the Bald Mountain
      Claims from Gee-Ten Ventures Inc., an unrelated third party, by making a cash
      payment of $5,000 upon execution of the agreement. The terms of the agreement
      require an additional $10,000 on the second anniversary of the date of execution
      of the agreement. The agreement also requires us to perform $200,000 in
      exploration work on the properties during the first two years of the agreement;
      and to have performed $500,000 in exploration work in total completed by the
      end
      of the third year of the agreement. In addition, we are required to make any
      and
      all payments to the Nevada Bureau of Land Management, as may be required to
      maintain the Bald Mountain Claims in good standing.





On
      August
      28, 2007, we amended the agreement by extending its duration from 3 to 5 years
      after the date of first signing on September 28, 2005. The amended agreement
      requires us to pay $5,000 on the second anniversary of the amended agreement
      date, or on August 28, 2008; to make a cash payment of $10,000 on the third
      anniversary of the amended agreement; and to complete exploration totaling
      $500,000 in expenditures over a 5-year period from the amended agreement
      date.





We
      intend
      to conduct exploration activities on our current and future properties and,
      if
      warranted, will seek a major mining company to joint venture in any development
      and/or production.





***Results
      of Operations***





Our
      financial statements and information for the three months ended August 31,
      2007
      have been prepared by our Management on a going concern basis, which
      contemplates the realization of assets and the settlement of liabilities and
      commitments in the normal course of business. We have generated no revenues
      to
      date and have incurred net losses of approximately $95,278 since inception
      on
      March 18, 2005. We cannot provide assurance that we will ultimately achieve
      profitable operations or become cash flow positive, or raise additional debt
      and/or equity capital. Management believes that current capital resources should
      be adequate to continue operating and maintaining its business strategy for
      the
      remainder of 2007. However, if we are unable to raise additional capital in
      the
      near future,


due
      to
      liquidity problems, we expect that we will need to curtail operations, liquidate
      assets, seek additional capital on less favourable terms and/or pursue other
      remedial measures. These financial statements do not include any adjustments
      related to the recoverability and classification of assets or the amounts and
      classification of liabilities that might be necessary should we be unable to
      continue as a going concern.


**18**





***Three
      Months Ended August 31, 2007 compared to the Three Months Ended August 31,
      2006***





We
      incurred net losses of $15,891 for the three month period ended August 31,
      2007,
      as compared to a net loss of $13,038 for the three-month period ended August
      31,
      2006. The increase was mainly attributed to legal and accounting fees ($8,126
      -
      2007 compared to $5,903 - 2006) incurred to prepare and file our regulatory
      filings quarterly and annually with the SEC; licenses and permits ($2,300 -
      2007
      compared to $0 - 2006); and filing fees incurred to renew our corporate and
      business licenses ($1,200 - 2007 compared to $0 - 2006). Our other expenses
      for
      the three month period ended August 31, 2007 consisted of $3,000 in management
      fees, $600 in rent, $600 in transfer agent fees and $65 in bank service charges.




During
      the three month period ended August 31, 2007, an officer and director of the
      Company made contributions to capital for management fees in the amount of
      $3,000 (August 31, 2006 - $3,000, cumulative - $15,000) and for rent in the
      amount of $600 (August 31, 2006 - $600, cumulative - $4,200) .





***Liquidity
      and Capital Resources***





At
      August
      31, 2007, we had total assets of $952, all consisting of cash in the
      bank.





Our
      accounts payable at August 31, 2007 were $22,000, consisting of accounts payable
      and accrued liabilities in the amount of $5,100 and $16,900 due to an officer,
      director and shareholder of the Company. This balance is non-interest bearing,
      unsecured, and has no fixed terms of repayment.





There
      are
      currently no options, warrants, rights or other securities
      conversion rights
      issued and/or outstanding at August
      31, 2007 .





**Plan
      of Operation/Projected Milestones**





We
      intend
      to complete our exploration work in a two-phase reverse circulation drill
      program with drill holes targeted mainly on geophysical criteria over a period
      of 5 years. The first phase of the program will consist of seven reverse
      circulation drill holes totaling 2,100 feet. These holes are targeted mainly
      on
      anomalous induced polarization/resistivity/magnetic geophysical survey results.
      In addition, surface mapping and sampling will be


carried
      out in order to gain an understanding of structural and alteration controls
      affecting mineralization.





The
      second phase 3,000 foot follow-up reverse circulation drilling program,
      contingent upon success of the Phase 1 program, is proposed to further explore
      and extend the potential of the property as established by Phase 1. The
      objective will be to define, by step-out drilling, tonnage potential of
      discoveries identified in the first phase drilling program. A minimum of ten
      holes is proposed.





A
      geological model for the property has been proposed that indicates tonnage
      may
      be found in replacement, manto-type gold mineralization associated with higher
      grade veins. Past sampling of soils, surface rocks in trenches and samples
      from
      drilling indicate that significant gold grades occur locally. Thus, it is
      believed that there is good potential for locating an economic gold deposit
      on
      the Bald Mountain Wash gold property.





As
      disclosed in geological reports, exploration work on our properties has
      indicated that mineral occurrences exist in the area of our properties; however,
      further exploration is needed to determine what amount of minerals, if any,
      exist and if any minerals which are found can be economically extracted and
      profitably processed.





Our
      exploration program has been designed to economically explore and evaluate
      mining properties which, in our opinion, may merit development.





We
      do not
      claim to have any mineralization or reserves whatsoever at this time on any
      of
      our properties; however, based on preliminary research and geological reports
      on
      our properties and the surrounding area, Management believes there is a
      sufficient basis to engage in exploration activities.


**19**


Our
      current cash in the bank will not allow us to complete our initial Phase I
      exploration activities and expect to finance our future cash needs through
      the
      sale of equity securities and possibly strategic collaborations or debt
      financing or through other sources that may be dilutive to existing
      stockholders. Our officers and direct have agreed to advance funds on an
      as-needed basis, interest free and with no specific terms of repayment, until
      such time as we are able to raise the funds necessary to complete our Phase
      I
      exploration and development activities.





***Off-Balance
      Sheet Arrangements***





We
      have
      not entered into any transactions with unconsolidated entities whereby we have
      financial guarantees or other contingent arrangements that expose us to material
      continuing risks, contingent liabilities or any other obligations that provide
      financing, liquidity, market risk or credit risk support to us.





**ITEM
      3. CONTROLS AND PROCEDURES**





***Critical
      Accounting Policies***





The
      financial statements included herein have been prepared by Management pursuant
      to the rules and regulations of the Securities and Exchange Commission.
      Management believes the disclosures made are adequate to make the information
      not misleading. The financial statements and accompanying notes are prepared
      in
      accordance with generally accepted accounting principles. Preparing financial
      statements 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. These estimates and
      assumptions are affected by Management's application of accounting policies.
      These important accounting policies include the successful efforts method of
      accounting for property and equipment, revenue recognition, accounting for
      income taxes and foreign currency translation.





Management
      maintains disclosure controls and procedures designed to ensure that we are
      able
      to timely collect the information we are required to disclose in our reports
      filed with the U.S. Securities and Exchange Commission. Within the 90 days
      prior
      to the date of this report, we performed an evaluation, under the supervision
      and with the participation of our Management, of the effectiveness of the design
      and operation of our disclosure controls and procedures pursuant to Exchange
      Act
      Rule 13a-14. Based upon the evaluation, our Principal Executive Officer and
      Principal Financial Officer concluded that the current disclosure controls
      are
      effective in timely alerting us to any material information required to be
      included in our periodic SEC filings.





We
      also
      maintain a system of internal controls designed to provide reasonable assurance
      that (i) transactions are executed in accordance with Management's general
      and
      specific authorization; (ii) transactions are recorded as necessary to permit
      preparation of financial statements in conformity with generally accepted
      accounting principles and to maintain accountability for assets; (ii) access
      to
      assets is permitted only in accordance with Management's general or specific
      authorization; and (iv) the recorded accountability for assets is compared
      with
      the existing assets at reasonable intervals and appropriate action is taken
      with
      respect to any differences. We believe that our internal controls are effective
      to provide reasonable assurance that our financial statements are fairly
      presented in conformity with generally accepted accounting principals. Since
      our
      most recent evaluation, there have been no changes in our


internal
      controls or in other factors that could significantly affect our internal
      controls, nor were any corrective actions required with regard to significant
      deficiencies and material weaknesses.





**PART
      II - OTHER INFORMATION**




**ITEM
      1A. RISK FACTORS**





In
      addition to the other information set forth in this report, you should carefully
      consider the risk factors set forth and discussed in our initial registration
      statement on Form 10-SB and our annual report on Form 10-KSB for the year ended
      February 28, 2007, which have not changed as of the date of the filing of this
      report and could materially


**20**


affect
      our business, financial condition or future results. In addition, the risks
      described in the registration statement and our annual report are not the only
      risks facing our Company. Additional risks and uncertainties not currently
      known
      to us or that we currently deem to be immaterial also may materially adversely
      affect our business, financial condition and/or operating results.




**ITEM
      2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF
      PROCEEDS**





There
      were no sales of unregistered securities during the three months ended August
      31, 2007.





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





A)
      The
      following exhibits are included herein, except for the exhibits marked with
      an
      asterisk, which are incorporated herein by reference and can be found in our
      original Form 10-SB registration statement, filed on September 8, 2006, under
      SEC File Number 0-52218 at the U.S. Securities and Exchange Commission's website
      (www.sec.gov).





Exhibit
      No.   Description





*
      3(i) Articles
      of Incorporation


*3(ii)            
      Bylaws


31                 
      Sec. 302 Certification


32                 
      Sec. 906 Certification





B)
      There
      was one report on Form 8-K filed during the three month period ended August
      31,
      2007 to report the appointment of another officer and director; a copy of the
      Form 8-K can be found in its entirety on the SEC website at www.sec.gov under
      our SEC File Number 0-52218.





**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.








**STRIKER
      ENERGY CORP., a Nevada corporation**




Date:
      October 11,
      2007 By:/s/
      Shawn Perger, President, CEO, Treasurer,
      Principal Accounting Officer and Director








Date:
      October 11,
      2007                                          By:/s/
      Brian Cole, Secretary and Director








Date:
      October 11,
      2007                                        
By:/s/ Konstantin Gregovic, Director and Chairman of the Audit
      Committee








Date:
      October 11,
      2007                                        
By:/s/ Laurence Stephenson, VP Exploration and Director














20