**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, 2006





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








**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,
      2006 was 10,002,000.





Registrant's
      original registration statement on Form 10SB and all exhibits thereto, filed
      under SEC File Number 0-52218, are incorporated herein by
      reference.






















1





**TABLE
      OF CONTENTS**









PART
      I:
      FINANCIAL INFORMATION





Item
      1.
      Financial Statements...................................................................................................
      3





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




Item
      3.
      Controls and Procedures............................................................................................
17





PART
      II:
      OTHER INFORMATION





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





Item
      2.
      Unregistered Sales of Equity Securities and Use of
      Proceeds.......................................18





Item
      6.
      Exhibits.......................................................................................................................
      18





Signatures.............................................................................................................................
      18











**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.





**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 months ended August 31, 2006 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,
      2006, included in our initial Form 10-SB registration statement, which can
      be
      found on the SEC website at www.sec.gov under
      our SEC File Number 0-52218.





2





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Balance
      Sheets


(Expressed
      in U.S. Dollars)


(Unaudited)





**As
                at 31 August 2006**
            
            **As
                at 28 February 2006**
              **(Audited)****$**
            
            **$****Assets****Current**Cash
                and cash equivalents
            
            34,618
            
            3,964**Liabilities****Current**Accounts
                payable and accrued liabilities (Note4)
            
            7,015
            
            5,520Due
                to related party (Note5)
            
            14,081
            
            14,08121,096
            
            19,601**Stockholders’
                equity****Capital
                stock**(Note7)Authorized31
                August 2006 - 75,000,000 common shares, par value $0.0001Issued
                and outstanding31
                August 2006 - 10,002,000 common shares, par value $0.000128
                February 2006 - 5,000,000 common shares, par value $0.0001
            
            1,002
            
            500**Additional
                paid-in capital**
            
            58,818
            
            5,100**Deficit,
                accumulated during the development stage**
            
            (46,298)
            
            (21,237)13,522
            
            (15,637)34,618
            
            3,964


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





**On
      behalf of the Board:**





*/s/
      Shawn Perger*   Director  */s/
      Laurence Stephenson*   Director


Shawn
      Perger    Laurence
      Stephenson







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













3


**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**
              **2006**
            **For
                the three month period ended 31**
              **August**
              **2006**
            **For
                the three month period ended 31 August**
              **2005**
            **For
                the six month period ended 31 August**
              **2006**
            **For
                the**
              **period
                from the date of inception on**
              **18
                March**
              **2005
                to 31 August**
              **2005****$**
            
            **$**
            
            **$**
            
            **$**
            
            **$****Expenses**Acquisition
                of mineral property interest (Note3)
            
            5,000
            
            -
            
            -
            
            -
            
            -Bank
                charges and interest
            
            401
            
            28
            
            2,146
            
            292
            
            -Consulting
                fees (Note 7)
            
            4,167
            
            20
            
            -
            
            20
            
            2,146Exploration
                of mineral
            
            3,000
            
            3,000
            
            -
            
            3,000
            
            -Legal
                and accounting fees
            
            23,779
            
            5,903
            
            657
            
            14,927
            
            657Licenses
                and permits
            
            3,636
            
            -
            
            100
            
            1,117
            
            1,170Management
                fees (Note6)
            
            3,000
            
            3,000
            
            -
            
            3,000
            
            -Office
                expenses
            
            28
            
            -
            
            -
            
            18
            
            -Rent
                (Note6)
            
            1,800
            
            600
            
            -
            
            1,200
            
            -Transfer
                agent fees
            
            1,487
            
            487
            
            -
            
            1,487
            
            -**Net
                loss for the period**
            
            46,298
            
            13,038
            
            2,903
            
            25,061
            
            3,973**Basic
                and diluted loss per common share**
            
            
            
            0.001
            
            
            
            0.003**Weighted
                average number of common shares used in per share
                calculations**
            
            
            
            10,000,065
            
            
            
            8,288,065


























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











4










**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**
              **2006**
            **For
                the three month period ended 31 August 2006**
            **For
                the**
              **three
                month period**
              **ended
                31**
              **August**
              **2005**
            **For
                the**
              **six
                month period ended 31 August 2006**
            **For
                the**
              **period
                from the date of inception on**
              **18
                March**
              **2005
                to 31 August**
              **2005****$**
            
            **$**
            
            **$**
            
            **$**
            
            **$****Cash
                flows from operating activities**Net
                loss for the period
            
            (46,298)
            
            (13,038)
            
            (2,903)
            
            (25,061)
            
            (3,973)Adjustments
                to reconcile loss to net cash used by operating activitiesContributions
                to capital by related party - expenses (Notes 6 and 10)
            
            4,800
            
            3,600
            
            -
            
            4,200
            
            -Common
                shares issued for services (Notes 6, 7 and 10)
            
            20
            
            20
            
            -
            
            20
            
            -Changes
                in operating assets and liabilitiesIncrease
                in accounts payable and accrued liabilities
            
            7,015
            
            495
            
            -
            
            1,495
            
            -(34,463)
            
            (8,923)
            
            (2,903)
            
            (19,346)
            
            (3,973)**Cash
                flows from financing activities**(Decrease)
                in bank indebtedness
            
            -
            
            -
            
            (250)
            
            -
            
            -Increase
                in due to related parties (Notes5and6)
            
            14,081
            
            -
            
            3,153
            
            -
            
            3,973Common
                shares issued for cash (Note7)
            
            55,000
            
            -
            
            -
            
            50,000
            
            -69,081
            
            -
            
            2,903
            
            50,000
            
            3,973**Increase
                (Decrease) in cash and cash equivalents**
            
            34,618
            
            (8,923)
            
            -
            
            30,654
            
            -**Cash
                and cash equivalents, beginning of period**
            
            **-**
            
            43,541
            
            -
            
            3,964
            
            **-****Cash
                and cash equivalents, end of period**
            
            34,618
            
            34,618
            
            **-**
            
            34,618
            
            **-**





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







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


5











**Striker
      Energy Corp**


**(An
      Exploration Stage Company)**


Statement
      of Changes in Stockholders’ Equity


(Expressed
      in U.S. Dollars)


(Unaudited)





**Number
                of shares issued**
            **Capital**
              **Stock**
            **Additional
                paid-in capital**
            **Deficit,
                accumulated during the development stage**
            **Total
                Stockholders’ equity****$**
            
            **$**
            
            **$**
            
            **$****Balance
                at 18 March 2005 (inception)**Restricted
                common shares issued for cash ($0.001 per share) - September 2005
                (Note7)
            
            5,000,000
            
            500
            
            4,500
            
            -
            
            5,000Contribution
                to capital by related parties - expenses (Notes6and 10)
            
            -
            
            -
            
            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) - August 2006 (Notes 6,7and 10)
            
            2,000
            
            2
            
            18
            
            -
            
            20Contribution
                to capital by related parties - expenses (Notes6and 10)
            
            -
            
            -
            
            4,200
            
            -
            
            4,200Net
                loss for the period
            
            -
            
            -
            
            -
            
            (25,061)
            
            (25,061)**Balance
                at 31 August 2006**
            
            10,002,000
            
            1,002
            
            58,818
            
            (46,298)
            
            13,522










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


























6





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**








|**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 2006 and for the six month period
      ended 31 August 2006 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
      approximately $25,061 for the six month period ended 31 August 2006 (31 August
      2005 - $3,973) and has working capital at 31 August 2006 of $13,522 (28 February
      2006 - working capital deficit of $15,637).





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 2006. 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 2006, 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.


7








**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**








|**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.


8


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**





**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 2006, the Company
      has no items that represent a comprehensive loss and, therefore, has not
      included a schedule of comprehensive loss in the financial
      statements.








9








**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**








**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
      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 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
      2006.





**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.





10











**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**








**Recent
      accounting pronouncement**





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 Statement
      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 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.


11





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**





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.





|**3.** | **Mineral
              Propert****y**
|------ | --------------------------------------




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 called 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 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.





|**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 2006, the amount due to a related party consisted of $14,081 (28
      February 2006 - $14,081) payable to an officer, director and shareholder of
      the
      Company.





|**6.** | **Related
              Party Transactions**
|------ | --------------------------------------------




During
      the six month period ended 31 August 2006, an officer and director of the
      Company made contributions to capital for management fees and rent in the amount
      of $3,000 (31 August 2005 - $Nil, cumulative - $3,000) and $1,200 (31 August
      2005 - $Nil, cumulative - $1,800) (Note 10).





During
      the six month period ended 31 August 2006, the Company issued 2,000 common
      shares valued at $0.01 per share to an officer and director of the Company
      for
      services rendered (Notes 7 and 10).








12


**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**








|**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 10,002,000 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 (Notes 6 and
      10).





|**8.** | **Commitment******
|------ | ------------------




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 2006.
      There are no current or deferred tax expenses for the period ended 31 August
      2006 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.





13





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**





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





**For
                the six month period ended 31 August 2006**
            
            **For
                the period from the date of inception on 18 March 2005 to 31 August
                2005****$**
            
            **$**Refundable
                federal tax asset attributable to:Current
                operations
            
            8,520
            
            1,350Contributions
                to capital by related party
            
            (1,428)
            
            -Less:
                Change in valuation allowance
            
            (7,092)
            
            (1,350)Net
                refundable amount
            
            -
            
            -





The
      composition of the Company’s deferred tax assets as at 31 August 2006 and 28
      February 2006 is as follows:





**As
                at 31 August 2006**
            
            **As
                at 28 February 2006 (Audited)****$**Net
                operating loss carryforward
            
            41,498
            
            21,237Statutory
                federal income tax rate
            
            34%
            
            34%Effective
                income tax rate
            
            0%
            
            0%Deferred
                tax assetTax
                loss carry-forward
            
            14,109
            
            7,221Less:
                Valuation allowance
            
            (14,109)
            
            (7,221)Net
                deferred tax asset
            
            -
            
            -





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





14





**Striker
      Energy Corp.**


**(An
      Exploration Stage Company)**


Notes
      to
      Financial Statements


(Expressed
      in U.S. Dollars)


(Unaudited)


**31
      August 2006**





As
      at 31
      August 2006, the Company has an unused net operating loss carryforward balance
      of approximately $41,498 that is available to offset future taxable income.
      This
      unused net operating loss carry-forward balance expires in 2025.





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




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





During
      the six month period ended 31 August 2006, an officer and director of the
      Company made contributions to capital for management fees and rent in the amount
      of $3,000 (31 August 2005 - $Nil, cumulative - $3,000) and $1,200 (31 August
      2005 - $Nil, cumulative - $1,800) (Note 6).





During
      the six month period ended 31 August 2006, the Company issued 2,000 common
      shares valued at $0.01 per share to an officer and director of the Company
      for
      services rendered (Notes 6 and 7).




























15




**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, 2006 which can
      be
      found in its entirety on the SEC website at www.sec.gov in our
      initial Form 10 registration statement, 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.





***Results
      of Operations***





Our
      financial statements as of August 31, 2006 and for the six month period ended
      August 31, 2006 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. We have a loss of approximately $25,061 for
      the
      six month period ended August 31, 2006 (August 31, 2005 - $3,973) and have
      working capital at August 31, 2006 of $13,522 (February 28, 2006 - working
      capital deficit of $15,637).





We
      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
      2006. 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 2006, 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.




***Three
        Months Ended August 31, 2006 compared to the Three Months Ended August 31,
        2005***
 
 We
        incurred net losses of $13,038 for the three-month period ended August 31,
        2006,
        as compared to a net loss of $2,903 for the three-month period ended August
        31,
        2005. The large increase was attributed to the commencement of our business
        operations after receipt of the funds from our initial public offering in
        the
        State of Nevada. The majority of the loss ($5,903) was attributed to legal
        and
        accounting fees incurred in connection with the preparation and filing of
        a Form
        10-SB with the Securities and Exchange Commission in an effort to become
        a fully
        reporting company. Our other expenses consisted of $3,000 in exploration
        expenses, $3,000 in management fees, $600 in rent, $487 in transfer agent
        fees
        and $48 in miscellaneous expenses. We have had no revenues and have incurred
        an
        accumulated deficit of $46,298 since inception.
  In
        addition, during
        the six month period ended August 31, 2006, an officer and director of the
        Company made contributions to capital for management fees and rent in the
        amount
        of $3,000 (August 31, 2005 - $Nil, cumulative - $3,000) and $1,200 (August
        31,
        2005 - $Nil, cumulative - $1,800) .


16




***Liquidity
      and Capital Resources***





At
      August
      31, 2006, we had total assets of $34,618, all consisting of cash and cash
      equivalents.





Our
      accounts payable and accrued liabilities at August 31, 2006 were $21,096,
      consisting of accounts payable and accrued liabilities in the amount of $7,015
      and $14,081 due to an officer, director and shareholder of the
      Company.


This
      balance is non-interest bearing, unsecured, and has no fixed terms of
      repayment.





On
      May 2,
      2006, the Company completed a public offering of its 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.





During
      the six month period ended August 31, 2006, the Company issued 2,000 common
      shares valued at $0.01 per share to an officer and director of the Company
      for
      services rendered.





There
      are
      currently no options, warrants, rights or other securities
      conversion rights
      issued and/or outstanding at August 31, 2006.





**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 3 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 cost of the first phase is estimated at
      approximately $100,000.





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.





***Off-Balance
      Sheet Arrangements***





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





**ITEM
      3. CONTROLS AND PROCEDURES**





***Critical
      Accounting Policies***





The
      financial statements included herein have been prepared 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.








17





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 discussed in our initial registration statement on
      Form 10-SB, which have not changed as of the date of the filing of this report
      and could materially affect our business, financial condition or future results,
      as well as the risk factors set forth below, applicable to our recently acquired
      oil and gas lease business. In addition, the risks described in the registration
      statement 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, 2006; however, during the period ended August 31, 2006, we issued 2,000
      common shares valued at $0.01 per share to an officer and director of the
      Company for services rendered.





**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-SB12G 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
      were no reports on Form 8-K filed during the three months ended August 31,
      2006
      or as of the date of the filing of this report.








**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:
      December 3, 2006    By:/s/
      Shawn Perger, President, CEO, Treasurer,
      Principal Accounting Officer and Director








18