FORM 10-QSB

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D. C. 20549


             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


For the quarter ended:            September 30, 2000

Commission file number:           33-19961

             HomeGate Corporation (formerly Spartan Oil Corporation)
       ------------------------------------------------------------------
             (exact name of registrant as specified in its charter)

       Delaware                                                    75-2224650
------------------------                                        ---------------
(State of Incorporation)                                          (IRS ID No.)


                13663 Jupiter Road, Suite 401, Dallas Texas         75238
     ----------------------------------------------------------- ----------
               (Address of principal executive offices)           (Zip code)

Registrant's telephone number, including area code: 214-343-9700

Check whether the  registrant  files all  documents  and reports  required to be
filed by section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes [ ] No [ ]

Shares of common stock outstanding at September 30, 2000:

                                                     8,220,888










<PAGE>







                                TABLE OF CONTENTS



PART I - FINANCIAL INFORMATION                                       Page Number


         Item  1.          Financial Statements                         1 - 7

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


PART II - OTHER INFORMATION                                                 9



















<PAGE>

                              HOMEGATE CORPORATION
                       (formerly Spartan Oil Corporation)

                                 BALANCE SHEETS
                               September 30, 2000

                                     ASSETS
                                     ------

                                                                Sept 30, 2000
                                                              -----------------


CURRENT ASSETS:
    Cash                                                               $11,344
    Accounts receivable                                                 60,776
    Investment - equity securities                                   1,500,000
                                                              -----------------
        Total Current Assets                                         1,572,120

OTHER ASSETS:
    Deferred income tax asset                                           13,153
    Trademark                                                          306,944
                                                              -----------------
        Total Other Assets                                             320,097


TOTAL ASSETS                                                        $1,892,217
                                                              =================


             LIABILITIES AND STOCKHOLDERS' EQUITY
             ------------------------------------

LIABILITIES
    Accounts payable                                                   $45,500
    Accrued expenses                                                    23,596
    Note payable                                                       265,000
                                                              -----------------
        Total Liabilities                                             $334,096

STOCKHOLDERS' EQUITY
    Common stock, $0.001 par value, 50,000,000 shares
        authorized, 8,220,888 shares issued and outstanding              8,221
    Additional paid in capital                                       1,930,849
    Unrealized loss on equity securities                              (300,000)
    Accumulated Deficit                                                (80,949)
                                                              -----------------
        Total Stockholders' Equity                                   1,558,121
                                                              -----------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                          $1,892,217
                                                              =================














                                       F-1

<PAGE>



                              HOMEGATE CORPORATION
                       (formerly Spartan Oil Corporation)

                             STATEMENT OF OPERATIONS
                      Three Months Ended September 30, 2000





                                                                  Three months
                                                                     ended
                                                                 Sept 30, 2000
                                                               -----------------

REVENUE:                                                               $141,503

OPERATING EXPENSE:
    Depreciation and amortization                                         9,028
    Interest expense                                                      6,893
    General and administrative                                          208,349
                                                               -----------------
        Total Operating Expense                                         224,270

                                                               -----------------

Operating income                                                        (82,767)

Federal income tax benefit                                               13,655
                                                               -----------------

NET LOSS                                                               ($69,112)
                                                               =================


Weighted average shares outstanding - taking
    into account the 6 for 1 reverse stock split                      8,154,308
                                                               =================

LOSS PER SHARE - basic and diluted                                       ($0.01)
                                                               =================




















                                       F-2
<PAGE>

<TABLE>

<CAPTION>


                              HOMEGATE CORPORATION
                       (formerly Spartan Oil Corporation)

           STATEMENT OF STOCKHOLDERS' EQUITY AND ACCUMULATED DEFICIT
               Period from February 25, 2000 to September 30, 2000


                                                  Common                 Paid In        Accumulated
                                          Shares          Amount         Capital          Deficit
                                     ------------------------------------------------------------------
<S>                                  <C>                  <C>            <C>            <C>

Balance at February 25, 2000
        (date of inception)                         0              0                0                0

Stock issued:
        upon capitalization                 2,000,000          2,000          133,243

        for marketable securities           5,200,000          5,200        1,794,800

Paid in capital                                                                14,709

Net loss - thru June 30, 2000                                                                  (11,837)

                                     ------------------------------------------------------------------
Balance
        June 30, 2000                       7,200,000          7,200        1,942,752          (11,837)


        in reverse acquisition with
        Spartan Oil Corporation
        on July 6, 2000 (see Note)          1,020,888          1,021          (11,903)

Net loss - thru September 30, 2000                                                             (69,112)

                                     ------------------------------------------------------------------
Balance
        September 30, 2000                  8,220,888          8,221        1,930,849          (80,949)
                                     ==================================================================

</TABLE>













                                       F-3
<PAGE>

<TABLE>

<CAPTION>

                              HOMEGATE CORPORATION
                       (formerly Spartan Oil Corporation)

                             STATEMENT OF CASH FLOWS
                      Three Months Ended September 30, 2000



                                                                      Three months
                                                                          ended
                                                                      Sept 30, 2000
                                                                    -----------------
<S>                                                                 <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
    Net loss                                                                ($69,112)
    Adjustments for items not requiring cash:
                Deprecaition and amortization                                 $9,028
    Adjustments to reconcile net loss to net
            cash (used) by operating activities:
                Paid in capital/deficit in conjuction with reverse
                         merger with Spartan Oil Corporation                 (10,833)
                Increase in accounts receivable                              (23,680)
                Increase in accounts payable and accrued expenses             62,725
                Increase in other assets                                       2,141
                                                                    -----------------
NET CASH (USED) BY OPERATING ACTIVITIES:                                     (29,731)


CASH FLOWS FROM INVESTING ACTIVITIES:

CASH FLOWS FROM FINANCING ACTIVITIES:
    Decrease in notes payable                                                (60,000)
    Sale of common stock                                                         -0-
                                                                    -----------------

NET INCREASE IN CASH                                                        ($89,731)

CASH, BEGINNING OF PERIOD                                                    101,075
                                                                    -----------------

CASH, END OF PERIOD                                                          $11,344
                                                                    =================

</TABLE>
















                                       F-4

<PAGE>


                              HOMEGATE CORPORATION

                          Notes to Financial Statements
                               September 30, 2000

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations - The Company was  incorporated in the State of Delaware on
February  25,  2000 under the name of HMGT  Management  Corporation.  On July 6,
2000, the Company  performed a reverse merger with Spartan Oil Corporation which
was accounted for as a purchase. On August 1, 2000, the Company changed its name
to HomeGate Corporation. The company manages hotels.

Basis of  Accounting - The Company  prepares  its  financial  statements  on the
accrual method of accounting,  recognizing  income when earned and expenses when
incurred.

Cash Equivalents - The Company  considers all highly liquid  investments with an
original maturity of three months or less as cash equivalents.

Investments  - The  Company  owns an equity  position in  Ameri-First  Financial
Group, Inc. (Ameri- First). Ameri-First is a public company traded on the OTC BB
(bulletin  board).  These  securities were contributed to the Comapny as part of
its capitalization  from its largest  shareholder,  Amerand  Corproation.  These
securities are  classified as available for sale  securities and are reported at
fair  market  value as of  September  30, 2000 with  unrealized  gains or losses
reported  in the equity  section  of the  balance  sheet.  The  securities  were
contributed  to the Company on June 29,  2000.  As of September  30,  2000,  the
market value of the stock was $0.75 per share,  which  generates  an  unrealized
loss of $300,000.

Accounts  receivable  - The accounts  receivable  carried by the Company are all
from hotels under management by the Company.

Fixed  Assets - Fixed assets are stated at cost.  Depreciation  will be provided
for  fixed  assets  over  the  estimated  useful  life  of  the  asset  using  a
straight-line method.

Trademarks - Trademarks  are shown at cost and are  classified  as other assets.
The trademarks are being amortized over 15 years using the straight line method.







                                       F-5


<PAGE>



                              HOMEGATE CORPORATION

                          Notes to Financial Statements
                               September 30, 2000


NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CON'T)

Income  Taxes - The Company  follows the  provisions  of  Statement of Financial
Accounting  Standard No. 109,  "Accounting for Income Taxes," which requires the
recognition  of deferred  tax assets and  liabilities  for  expected  future tax
consequences  of events  that  have been  included  in the  Company's  financial
statements  or  tax  returns.  Under  this  method,   deferred  tax  assets  and
liabilities are determined based on the difference  between financial  statement
and tax basis of assets and  liabilities  using enacted tax rates in effect when
these differences are expected to reverse. Valuation allowances are established,
when  appropriate,  to reduce  deferred tax assets to the amount  expected to be
realized.  The  Company  has  recorded  a net tax asset of  $13,153.  All of the
Company's net operating loss is expected to be used in the near future.

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

Earnings Per Share - The Company has adopted  Statement of Financial  Accounting
Standards No. 128,  "Earnings Per Share," which requires  presentation  of basic
earnings per share ("Basic EPS") and diluted earnings per share ("Diluted EPS").
The computation of Basic EPS is computed by dividing income  available to common
stockholders by the weighted average number of outstanding  common shares during
the period.  Diluted EPS gives effect to all dilutive  potential  common  shares
outstanding  during the period.  The  computation of Diluted EPS does not assume
conversion,  exercise or contingent  exercise of  securities  that would have an
anti-dilutive effect on earnings.

         The shares  used in the  computation  as of  September  30,  2000 is as
follows:

         Basic EPS and diluted EPS 8,154,308

Fair  Value  Of  Financial  Instruments  - The  carrying  value of cash and cash
equivalents, notes receivable,  accounts payable, approximates fair value due to
the relatively short maturity of these instruments.






                                       F-6


<PAGE>


                              HOMEGATE CORPORATION

                          Notes to Financial Statements
                               September 30, 2000


NOTE 2 - NOTE PAYABLE

As of September 30, 2000 the Company was obligated to Prime Hospitality, Inc. of
New Jersey for $265,000.  This note was  originally  signed on February 25, 2000
and calls for monthly  payments of $15,000 with a maturity  date of February 25,
2001.  The note  carries an interest  rate of 10%.  Collateral  for this note is
assignment of all  outstanding  interest in VPSI,  LP, a limited  partnership of
hotels owned by the Ameri-First Financial Group, Inc. and the trademarks used by
these  hotels.  The  obligation  has been assigned to the Company along with the
trademark.

NOTE 3 - STOCKHOLDERS' EQUITY

The Company is authorized to issue 50,000,000  shares of common stock with a par
value of $0.001, of which 8,220,888 shares are issued and outstanding.

The Company is authorized to issue  5,000,000  shares of preferred  stock with a
par value of $1.00. There are no preferred shares outstanding.






















                                       F-7


<PAGE>





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


Results of Operations
---------------------
The Company was incorporated in the State of Delaware on February 25, 2000 under
the name of HMGT Management Corporation.  On July 6, 2000, the Company performed
a reverse  merger with  Spartan Oil  Corporation  which was  accounted  for as a
purchase.  On  August  1,  2000,  the  Company  changed  its  name  to  HomeGate
Corporation. The company manages hotels.

Upon  the  merger  of  HMGT  Management   Corporation  (HMGT)  and  Spartan  Oil
Corporation (Spartan), the directors of HMGT became directors of Spartan and the
name was changed to HomeGate Corporation. Due to the fact that HMGT shareholders
were the  majority  shareholders  of Spartan  (now  HomeGate),  the purchase was
accounted  using the purchase  method of  accounting as a reverse  merger.  As a
result,  the  financial  statements of HomeGate  reflect the  operations of HMGT
through the date of the reverse merger. Comparative financial statements are not
presented  since HMGT was  incorporated  on February 25, 2000,  and had no prior
year operations.

The Company has long term  management  contracts  for the  management  of hotels
owned by Ameri-First  Financial  Group,  Inc. of Dallas,  Texas.  The management
contracts  provide a fee of 4% of Gross Revenue with an incentive of 2% of gross
operating profit and an accounting fee of $1,500 per month per property.

As of August 24, 2000, three additional  management contracts were acquired.  As
of September 30, 2000, the Company had ten hotels under management.

The Company is seeking  additional  management  contracts and is also seeking to
purchase some hotels for its own portfolio.


In November of 2000, the Company sued Ameri-First  Financial Group, Inc. for its
failure to perform  under the  management  agreements.  The suit was settled the
same month.









                                        8

<PAGE>



PART II.     OTHER INFORMATION


Item  1.     Legal Proceedings.

                  The Company is not involved in any legal proceedings.

Item  2.     Changes in Securities.

                  Registrant has made no changes in its securities.

Item  3.     Defaults Upon Senior Securities.

                  Registrant  has  no  senior   securities  and  accordingly  no
defaults.

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

                  Registrant  submitted  the matter of merging  HMGT  Management
                  Corporation  into  Spartan  Oil  Corporation.  This merged was
                  approved by the  shareholders on July 6, 2000. The transaction
                  was filed on Form 8-K as described in Item 6.

Item  5.     Other Information.

                  None.

Item 6.      Exhibits and Reports on Form 8-K.

                  The   Registrant   filed  a  report  on  Form  8-K   notifying
shareholders  of a  meeting  to vote  on an  agreement  of  merger  whereby  the
Registrant:
         a)       performed a six to one reverse stock split;
         b)       issued two million shares for 100% of the outstanding stock of
                  HMGT Corporation, a hotel management company; and
         c)       change the name of the corporation to HomeGate Corporation.



                                        9

<PAGE>




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 there unto duly authorized.





                                                     HomeGate Corporation
                                                     ---------------------------
                                                      (Registrant)


                                                     BY: /s/  Gary W. Bell
                                                        ------------------------
                                                          Gary W. Bell
                                                     Its: President

DATE:   November 17, 2000
            Dallas, Texas


                                       10