**SECURITIES        AND EXCHANGE COMMISSION**

**Washington        D.C. 20549**

**FORM        10-QSB**

|  | [                  X                  ] | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|--|-----------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

**September 30,        2007**

|  | [                  ] | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE                  ACT OF                  1934 |
|--|----------------------|--------------------------------------------------------------------------------------------------------------------------------------------|

** 0-21847**

**BOULDER        CAPITAL        OPPORTUNITIES, II, INC.**

| **Colorado**                                                                                    |   | **84-1356598**                                        |
|-------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|
| (State                  or other jurisdiction ofincorporation                  or organization) |   | (I.R.S.                  Employer Identification No.) |

**P.O.        Box 12483 Chandler, Arizona 85248**

**(480)792-6603**

**Yes        [X]**

**Yes [X]**

----

**PART        I--FINANCIAL INFORMATION**

**Item        1. Financial Statements.**

----

**BOULDER        CAPITAL OPPORTUNITIES II, INC.**

**(A        Exploration Stage Company)**

**FINANCIAL        STATEMENTS**

**(Unaudited)**

**Quarter        Ended September 30, 2007**

----

----

**Boulder        Capital Opportunities II, Inc.**

**(A        Exploration Stage Company)**

**Financial        Statements**

**(Unaudited)**

**TABLE        OF CONTENTS**

|                                                            | Page   |
|-----------------------------------------------------------------|--------|
|                                                            |   |
| FINANCIAL                  STATEMENTS                           |   |
|                                                            |   |
| Balance                  sheet                                  | 1      |
| Statements                  of                  operation       | 2      |
| Statements                  of cash                  flows      | 3      |
| Notes                  to financial                  statements | 5      |

----

| **BOULDER                  CAPITAL OPPORTUNITIES II, INC.**                                                                 |   |
|-----------------------------------------------------------------------------------------------------------------------------|--------|
| **(An                  Exploration Stage Company)**                                                                         |   |
| **BALANCE                  SHEET**                                                                                          |   |
| **(Unaudited)**                                                                                                             |   |
|                                                                                                                        |   |   |   |
|                                                                                                                        |   |   |   |
|                                                                                                                        |   | **Sept.                  30, 2007** |   |
|                                                                                                                        |   |   |   |
| **ASSETS**                                                                                                                  |   |   |   |
|                                                                                                                        |   |   |   |
| **Current                  assets**                                                                                         |   |   |   |
|       Cash                                                                                    |   | $ | 1,653 |   |
|              **Total                  current assets**     |   |   | 1,653 |   |
|                                                                                                                        |   |   |   |   |
|       Deposits                                                                                |   |   | 2,500 |   |
|       Oil                  and gas leases                                                     |   |   | 20,000 |   |
|                                                                                                                        |   |   | 22,500 |   |
|                                                                                                                        |   |   |   |   |
| **Total                  Assets**                                                                                           |   | $ | 24,153 |   |
|                                                                                                                        |   |   |   |   |
|                                                                                                                        |   |   |   |   |
| **LIABILITIES                  & STOCKHOLDERS' EQUITY**                                                                 |   |   |   |   |
|                                                                                                                        |   |   |   |   |
| **Current                  liabilities**                                                                                    |   |   |   |   |
|       Interest                  payable                                                       |   |   | 250 |   |
|       Notes                  payable                                                          |   |   | 10,000 |   |
|              **Total                  current liabilties** |   |   | 10,250 |   |
|                                                                                                                        |   |   |   |   |
| **Total                  Liabilities**                                                                                      |   |   | 10,250 |   |
|                                                                                                                        |   |   |   |   |
| **Stockholders'                  Equity**                                                                                   |   |   |   |   |
|       Preferred                  stock, no par value;                                         |   |   |   |   |
|           10,000,000                  shares authorized;                  |   |   |   |   |
|           none                  issued or outstanding                     |   |   | - |   |
|       Common                  stock, no par value;                                            |   |   |   |   |
|           100,000,000                  shares authorized;                 |   |   |   |   |
|           3,215,537                  shares issued and                    |   |   |   |   |
|           outstanding                                                     |   |   | 234,384 |   |
|       Deficit                  accumulated during the                                         |   |   |   |   |
|          exploration                  stage                                    |   |   | (220,481 | ) |
|                                                                                                                        |   |   |   |   |
| **Total                  Stockholders' Equity**                                                                             |   |   | 13,903 |   |
|                                                                                                                        |   |   |   |   |
| **Total                  Liabilities and Stockholders' Equity**                                                             |   | $ | 24,153 |   |

*-            1            -*

----

| **BOULDER                  CAPITAL OPPORTUNITIES II, INC.**                    |   |
|--------------------------------------------------------------------------------|--------|
| **(An                  Exploration Stage Company)**                            |   |
| **STATEMENTS                  OF OPERATIONS**                                  |   |
| **(Unaudited)**                                                                |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   | **Period                  From** |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   | **Aug.                  6, 1996** |   |
|                                                                           |   | **Three                  Months** |   |   | **Three                  Months** |   |   | **Nine                  Months** |   |   | **Nine                  Months** |   |   | **(Inception)** |   |
|                                                                           |   | **Ended** |   |   | **Ended** |   |   | **Ended** |   |   | **Ended** |   |   | **To** |   |
|                                                                           |   | **Sept.                  30, 2006** |   |   | **Sept.                  30, 2007** |   |   | **Sept.                  30, 2006** |   |   | **Sept.                  30, 2007** |   |   | **Sept.                  30, 2007** |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Revenues                  - rental income                                      |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | 5,000 |   |
| Revenues                  - oil and gas                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 1,320 |   |   |   | 1,320 |   |
|                                                                           |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 1,320 |   |   |   | 6,320 |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating                  expenses:                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Amortization                  & depreciation |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 28,400 |   |
|      General                  and administrative      |   |   | 2,313 |   |   |   | 4,908 |   |   |   | 30,887 |   |   |   | 18,927 |   |   |   | 198,227 |   |
|                                                                           |   |   | 2,313 |   |   |   | 4,908 |   |   |   | 30,887 |   |   |   | 18,927 |   |   |   | 226,627 |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Gain                  (loss) from operations                                   |   |   | (2,313 | ) |   |   | (4,908 | ) |   |   | (30,887 | ) |   |   | (17,607 | ) |   |   | (220,307 | ) |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other                  income (expense):                                       |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Interest                  revenue                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   | 76 |   |
|      Interest                  expense                |   |   |   |   |   |   | (169 | ) |   |   |   |   |   |   | (250 | ) |   |   | (250 | ) |
|                                                                           |   |   | - |   |   |   | (169 | ) |   |   | - |   |   |   | (250 | ) |   |   | (174 | ) |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                  (loss) before                                          |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      provision                  for income taxes      |   |   | (2,313 | ) |   |   | (5,077 | ) |   |   | (30,887 | ) |   |   | (17,857 | ) |   |   | (220,481 | ) |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Provision                  for income tax                                      |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                  income (loss)**                                         |   | $ | (2,313 | ) |   | $ | (5,077 | ) |   | $ | (30,887 | ) |   | $ | (17,857 | ) |   | $ | (220,481 | ) |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                  income (loss) per share**                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| (Basic                  and fully diluted)                                     |   | $ | (0.00 | ) |   | $ | (0.00 | ) |   | $ | (0.01 | ) |   | $ | (0.01 | ) |   |   |   |   |
|                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted                  average number of                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| common                  shares outstanding                                     |   |   | 3,215,537 |   |   |   | 3,215,537 |   |   |   | 2,969,377 |   |   |   | 3,215,537 |   |   |   |   |   |

*-            2            -*

----

| **BOULDER                  CAPITAL OPPORTUNITIES II, INC.**                                                                                    |   |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **(An                  Exploration Stage Company)**                                                                                            |   |
| **STATEMENTS                  OF CASH FLOWS**                                                                                                  |   |
| **(Unaudited)**                                                                                                                                |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   | **Period                  From** |   |
|                                                                                                                                           |   |   |   |   |   |   |   | **Aug.                  6, 1996** |   |
|                                                                                                                                           |   | **Nine                  Months** |   |   | **Nine                  Months** |   |   | **(Inception)** |   |
|                                                                                                                                           |   | **Ended** |   |   | **Ended** |   |   | **To** |   |
|                                                                                                                                           |   | **Sept.                  30, 2006** |   |   | **Sept.                  30, 2007** |   |   | **Sept.                  30, 2007** |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
| **Cash                  Flows From Operating Activities:**                                                                                     |   |   |   |   |   |   |   |   |   |
|      Net                  income (loss)                                                                               |   | $ | (30,887 | ) |   | $ | (17,857 | ) |   | $ | (220,481 | ) |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|      Adjustments                  to reconcile net loss to                                                            |   |   |   |   |   |   |   |   |   |   |   |   |
|      net                  cash provided by (used for)                                                                 |   |   |   |   |   |   |   |   |   |   |   |   |
|      operating                  activities:                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|           Amortization                  & depreciation                                   |   |   |   |   |   |   |   |   |   |   | 28,400 |   |
|           Accrued                  payables                                                  |   |   |   |   |   |   | 250 |   |   |   | 250 |   |
|           Compensatory                  stock issuances                                      |   |   | 20 |   |   |   |   |   |   |   | 96,620 |   |
|           Other                  payables                                                    |   |   |   |   |   |   |   |   |   |   | (2,500 | ) |
|                **Net                  cash provided by (used for)** |   |   |   |   |   |   |   |   |   |   |   |   |
|                **operating                  activities**            |   |   | (30,867 | ) |   |   | (17,607 | ) |   |   | (97,711 | ) |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Cash                  Flows From Investing Activities:**                                                                                     |   |   |   |   |   |   |   |   |   |   |   |   |
|           Oil                  and gas leases                                                |   |   |   |   |   |   |   |   |   |   | (20,000 | ) |
|           Organizational                  costs                                              |   |   |   |   |   |   |   |   |   |   | (28,400 | ) |
| **               Net                  cash provided by (used for)** |   |   |   |   |   |   |   |   |   |   |   |   |
|                **investing                  activities**            |   |   | - |   |   |   | - |   |   |   | (48,400 | ) |

*-            3            -*

----

| **BOULDER                  CAPITAL OPPORTUNITIES II, INC.**                                                                                    |   |
|------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| **(A                  Development Stage Company)**                                                                                             |   |
| **STATEMENTS                  OF CASH FLOWS**                                                                                                  |   |
| **(Unaudited)**                                                                                                                                |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
| (Continued                  From Previous Page)                                                                                                |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   | **Period                  From** |   |
|                                                                                                                                           |   |   |   |   |   |   |   | **Aug.                  6, 1996** |   |
|                                                                                                                                           |   | **Nine                  Months** |   |   | **Nine                  Months** |   |   | **(Inception)** |   |
|                                                                                                                                           |   | **Ended** |   |   | **Ended** |   |   | **To** |   |
|                                                                                                                                           |   | **Sept.                  30, 2006** |   |   | **Sept.                  30, 2007** |   |   | **Sept.                  30, 2007** |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |
| **Cash                  Flows From Financing Activities:**                                                                                     |   |   |   |   |   |   |   |   |   |
|           Notes                  payable - borrowings                                        |   |   |   |   |   | 10,000 |   |   |   | 10,000 |   |
|           Sales                  of common stock                                             |   |   | 5,000 |   |   |   |   |   |   |   | 137,764 |   |
|                **Net                  cash provided by (used for)** |   |   |   |   |   |   |   |   |   |   |   |   |
|                **financing                  activities**            |   |   | 5,000 |   |   |   | 10,000 |   |   |   | 147,764 |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Net                  Increase (Decrease) In Cash**                                                                                           |   |   | (25,867 | ) |   |   | (7,607 | ) |   |   | 1,653 |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Cash                  At The Beginning Of The Period**                                                                                       |   |   | 37,184 |   |   |   | 9,260 |   |   |   | - |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| **Cash                  At The End Of The Period**                                                                                             |   | $ | 11,317 |   |   | $ | 1,653 |   |   | $ | 1,653 |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Schedule                  Of Non-Cash Investing And Financing Activities                                                                       |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| None                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Supplemental                  Disclosure                                                                                                       |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                           |   |   |   |   |   |   |   |   |   |   |   |   |
| Cash                  paid for interest                                                                                                        |   | $ | - |   |   | $ | - |   |   |   |   |   |
| Cash                  paid for income taxes                                                                                                    |   | $ | - |   |   | $ | - |   |   |   |   |   |

*-            4            -*

----

**BOULDER        CAPITAL OPPORTUNITIES II, INC.**

**(A        Exploration Stage Company)**

**NOTES        TO FINANCIAL STATEMENTS**

**(Unaudited)**

**NOTE        1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING        POLICIES:**

*-            5            -*

----

**BOULDER        CAPITAL OPPORTUNITIES II, INC.**

**(A        Exploration Stage Company)**

**NOTES        TO FINANCIAL STATEMENTS**

**(Unaudited)**

**NOTE        1. ORGANIZATION, OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES        (Continued):**

*-            6            -*

----

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

**Plan        Of Operations**

*-            7            -*

----

**Liquidity        And Capital Resources**

*-            8            -*

----

**ITEM        3. CONTROLS AND PROCEDURES**

*-            9            -*

----

**PART        II--OTHER INFORMATION**

**Item        1. Legal Proceedings.**

**Item        2. Changes in Securities.**

**Item        3. Defaults Upon Senior Securities.**

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

**Item        5. Other Information.**

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

***(a)        Exhibits***

| 31.1 |     Certification                  of CEO and CFO pursuant to Sec. 302 |
|------|--------------------------------------------------------------------------------------------|
| 32.1 |     Certification                  of CEO and CFO pursuant to Sec. 906 |

***(b)        Reports on Form        8-K***

*-            10            -*

----

**SIGNATURES**

|                                            |                                                |                                                                       |
|-------------------------------------------------|-----------------------------------------------------|----------------------------------------------------------------------------|
|                                            |                                                |
|                                       |                                           |  **BOULDER                    CAPITAL OPPORTUNITIES, II, INC.**  |
| Date: November                    14, 2007 | By:                                       | /s/ Michael                    Delaney                                |
|                                            |  Michael                    Delaney, President |

*-        11 -*

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----