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:                      March 31, 2000

Commission file number:                     33-19961

           Spartan Oil Corporation (formerly Oliver Owen Corporation)
             (exact name of registrant as specified in its charter)

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


                    4714 Greenville Ave, Dallas, Texas             75206
           --------------------------------------------------    --------
               (Address of principal executive offices)          (Zip code)

Registrant's telephone number, including area code: 972-841-6929

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

Shares of common stock outstanding at March 31, 2000:  6,125,527


<PAGE>







                                TABLE OF CONTENTS

PART I - FINANCIAL INFORMATION                                       Page Number


         Item  1.          Financial Statements                         1 - 6

         Item  2.          Managements's Discussion and Analysis
                           of Financial Condition and Results of
                           Operations                                   7


PART II - OTHER INFORMATION                                             8














<PAGE>


<TABLE>

<CAPTION>





                             SPARTAN OIL CORPORATION

                                 BALANCE SHEETS
                      March 31, 2000 and December 31, 1999



                                     ASSETS

                                                                              March 31, 1999     Dec 31, 1999
                                                                            ------------------------------------
<S>                                                                         <C>                  <C>

         CURRENT ASSETS:
             Cash                                                                        $0                  $0

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

         TOTAL ASSETS                                                                    $0                  $0
                                                                            ================    ================




                      LIABILITIES AND STOCKHOLDERS' EQUITY

         LIABILITIES

              Accounts payable                                                       $9,138              $5,436

         STOCKHOLDERS' EQUITY
             Common stock, $0.001 par value                                           6,126               6,126
             Accumulated Deficit                                                    (15,264)            (11,562)
                                                                            ----------------    ----------------
                 Total Stockholders' Equity                                          (9,138)             (5,436)
                                                                            ----------------    ----------------

         TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                                      $0                  $0
                                                                            ================    ================

</TABLE>





                                       1

<PAGE>

<TABLE>

                             SPARTAN OIL CORPORATION

                             STATEMENT OF OPERATIONS
                   Three months ended March 31, 2000 and 1999


                                                                             Three months        Three months
                                                                                ended               ended
                                                                             March 31, 2000      March 31, 1999
                                                                            ------------------------------------
<S>                                                                         <C>                  <C>

         REVENUE:                                                                        $0                  $0

         OPERATING EXPENSE:
             Professional fees                                                        2,500                   0
             General and administrative                                               1,202                 374
                                                                            ----------------    ----------------
                 Total Operating Expense                                              3,702                 374

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

         NET LOSS                                                                   ($3,702)              ($374)
                                                                            ================    ================


         Weighted average shares outstanding                                      6,125,527           6,125,527
                                                                            ================    ================

         LOSS PER SHARE                                                              ($0.00)             ($0.00)
                                                                            ================    ================


</TABLE>














                                        2

<PAGE>

<TABLE>

<CAPTION>

                             SPARTAN OIL CORPORATION

        STATEMENT OF STOCKHOLDERS' EQUITY AND ACCUMULATED DEFICIT

             Period from inception (May 27, 1998) to March 31, 2000

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

         Balance at inception,
           January 5, 1988                            -0-           -0-             -0-             -0-                 -0-

         Shares issued for cash:
           January 1988                           500,000           500             500                               1,000

         Shares issed as a dividend               500,000           500            (500)

         Net Loss                                                                                  (250)               (250)

                                          --------------------------------------------------------------    ----------------
         Balance

                 December 31, 1998              1,000,000        $1,000              $0           ($250)               $750
                                          ==============================================================    ================

         Shares issued for services:
           May 1989                             5,125,527         5,126                                               5,126

         Net Loss                                                                                (6,375)             (6,375)

                                          --------------------------------------------------------------    ----------------
         Balance

                 December 31, 1998              6,125,527         6,126               0          (6,625)               (499)
                                          ==============================================================    ================


         Net Loss - 1990                                                                           (251)               (251)

         Net Loss - 1991                                                                           (300)               (300)

         Net Loss - 1992                                                                           (300)               (300)

         Net Loss - 1993                                                                           (300)               (300)

         Net Loss - 1994                                                                           (300)               (300)

         Net Loss - 1995                                                                           (300)               (300)

         Net Loss - 1996                                                                           (491)               (491)

         Net Loss - 1997                                                                           (520)               (520)

         Net Loss - 1998                                                                           (580)               (580)

         Net Loss - 1999                                                                         (1,595)             (1,595)

                                          --------------------------------------------------------------    ----------------
         Balance

                 December 31, 1999              6,125,527         6,126               0         (11,562)             (5,436)
                                          ==============================================================    ================

         Net Loss

             Three months - March 31, 2000                                                       (3,702)             (3,702)

                                          --------------------------------------------------------------    ----------------
         Balance

                 March 31, 2000                 6,125,527         6,126               0         (15,264)             (9,138)
                                          ==============================================================    ================
</TABLE>


                                        3

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<TABLE>

<CAPTION>

                             SPARTAN OIL CORPORATION

                             STATEMENT OF CASH FLOWS
                   Three months ended March 31, 2000 and 1999




                                                                                         Three months        Three months
                                                                                             ended               ended
                                                                                         March 31, 2000      March 31, 1999
                                                                                        ------------------------------------
<S>                                                                                       <C>                <C>

         CASH FLOWS FROM OPERATING ACTIVITIES:
             Net loss                                                                           ($3,702)              ($374)
             Adjustments to reconcile net loss to net
                     cash (used) by operating activities:
                         Increase in current liabilities                                          3,702                 374
                                                                                        ----------------    ----------------
         NET CASH (USED) BY OPERATING ACTIVITIES:                                                     0                   0


         CASH FLOWS FROM INVESTING ACTIVITIES:
             Purchase of assets to lease                                                              0                   0

         CASH FLOWS FROM FINANCING ACTIVITIES:
             Sale of common stock                                                                     0                   0

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

         NET INCREASE IN CASH                                                                        $0                  $0

         CASH, BEGINNING OF PERIOD                                                                    0                   0
                                                                                        ----------------    ----------------

         CASH, END OF PERIOD                                                                         $0                  $0
                                                                                        ================    ================


</TABLE>



















                                        4


<PAGE>



                             SPARTAN OIL CORPORATION

                          NOTES TO FINANCIAL STATEMENTS

                                 March 31, 2000

Note A - Nature of Business and Summary of Significant Accounting Policies:

History:

The Company was organized  January 5, 1988, as a Delaware  corporation under the
name Oliver Owen  Corporation.  The  Company  was  organized  for the purpose of
combining with a privately held enterprise.

On October 19, 1988, the Company amended its articles of incorporation to change
its name to Spartan Oil Corporation,  authorize  50,000,000 shares of $0.001 par
value common stock, and authorize  5,000,000 shares of $1.00 par value preferred
stock.  Such  preferred  stock may be issued by the Board of Directors  who will
determine all provisions of each series as they are issued.

The Company changed its name to Spartan Oil Corporation with the intent of being
engaged in the oil and gas business.  When  negotiations for oil properties fell
through,  the Company  tried to attract  capital to purchase  other  properties.
Since that time,  the  Company has been  seeking  capital to purchase a business
and/or to merge with an existing business.

Basis of Accounting:

It is the Company's  policy to prepare its  financial  statements on the accrual
basis of accounting in accordance with generally accepted accounting principles.
Receipts  are  recorded  as income in the  period in which  they are  earned and
expenses  are  recognized  in the  period  in which  the  related  liability  is
incurred.

Cash and Cash Equivalents:

For purposes of the  statement of cash flows,  the Company  considers all highly
liquid  debt  instruments  with a  maturity  of three  months or less to be cash
equivalents.

Loss per Share:

Net loss  applicable to common stock is based on the weighted  average number of
shares of common stock and common stock equivalents outstanding during the year.

Equipment:

Furniture  and  Equipment is stated at cost and  depreciated  over the estimated
useful lives of the assets using the  straight-line  method.  Upon retirement or
disposal,  the asset cost and related accumulated  depreciation are removed from
the accounts and any resulting gain or loss is included in the  determination of
net income.

Expenditures for  maintenance,  repairs and renewals are charged to expense when
incurred. Expenditures which significantly increase value or extend useful asset
lives are capitalized.

                                        5


<PAGE>



                             SPARTAN OIL CORPORATION

                          NOTES TO FINANCIAL STATEMENTS

                                 March 31, 2000

Note A - Nature of  Business  and  Summary of  Significant  Accounting  Policies
(con't):

Long-Lived Assets

The preparation of financial  statements in conformity  with generally  accepted
accounting principals requires management to make estimates and assumptions that
affect the  reported  amounts of assets,  liabilities,  revenues  and  expenses.
Actual results could differ from these estimates.

Generally accepted  accounting  principals require  recognition of impairment of
long-lived  assets  in the event of net book  value of such  assets  exceed  the
future  undiscounted cash flows attributable to such assets.  Consequently,  the
Company  assesses its assets annually for impairment and writes down any amounts
necessary as a result of the assessment.

Income Tax:

The Company is subject to the greater of federal income taxes computed under the
regular system or the alternative minimum tax system.

The  Company  adopted  Statement  of  Financial  Accounting  Standards  No. 109,
"Accounting  for Income  Taxes." The Statement  requires the use of an asset and
liability approach for the accounting and financial  reporting of income tax. No
deferred tax asset has been recognized for the operating loss carryforward as it
is more likely than not that all or a portion of the net operating loss will not
be realized and any valuation allowance would reduce the benefit to zero.

Note B - Capital Stock:

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 issued and outstanding.

The Company is authorized to issue 50,000,000  shares of common stock with a par
value of $0.001  per  share.  There  are  6,125,527  common  shares  issued  and
outstanding as of March 31, 2000.

Note C - Income Tax:

At March 31,  1999,  the  Company has losses to carry  forward of  approximately
$15,264 which are available to offset its future income tax liability.

No deferred tax asset has been recognized for the operating loss carryforward as
it is more likely than not that all or a portion of the net operating  loss will
not be realized and any valuation allowance would reduce the benefit to zero.

                                        6


<PAGE>



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


Results of Operations

The  Company  has had no  operations  for the  quarter  ended March 31, 1999 and
similarly, no operations for the same period last year. The Company is trying to
attract  capital  in order to  purchase  an  ongoing  business  or to  attract a
business  to buy or merge  with.  Efforts to  attract  capital to date have been
unsuccessful.

There have been no economic events or changes that have affected the Registrant,
for better or worse,  to attract  capital  and there are no  economic  trends or
uncertainties that the Registrant expects will have a material impact on whether
it can attract capital in the future.

Liquidity

The  Registrant  has no liquid  assets  and no  assets.  The  Registrant  has no
liquidity and the liquidity the Registrant will be able to attract will from the
sale of stock in the company,  either for cash or issuance of stock for purchase
of a business.

The Registrant has minimal expenses and no commitments.

Capital Resources

The Registrant has no capital resources and if it can generate capital,  it will
be from the  sale of stock in the  company  for cash or  issuance  of stock  for
purchase of a business.

There were no stock offerings during the quarter and none are currently planned.

There were no plans or  requirements  for  purchase of capital  items during the
quarter.  The Registrant does not foresee any material  capital  purchase in the
coming twelve months.

                                        7


<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 no matters to a vote of security holders.

Item  5.     Other Information.

                  None.

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

                  None.

                                        8


<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 thereunto duly authorized.

                                                   Spartan Oil Corporation
                                                   ----------------------------
                                                    (Registrant)


                                                   BY:  /s/ Sean Gallagher
                                                        -----------------------
                                                        Sean Gallagher
                                                   Its: President and Secretary

DATE:   May 10, 2000
        Dallas, Texas

                                        9