U. S. 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 September 30, 2002

[ ]     TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

         For the transition period from                to
                                        --------------    ------------------

                               Commission File No.
                                   -----------
                                     0-30955


                             KENTEX PETROLEUM, INC.
                      -------------------------------------
                 (Name of Small Business Issuer in its Charter)

          NEVADA                                             87-0645378
         --------                                           ------------

(State or Other Jurisdiction of                     (I.R.S. Employer I.D. No.)
 incorporation or organization)



                       4685 South Highland Dr., Suite 202
                            Salt Lake City, UT 84117
                            ------------------------
                    (Address of Principal Executive Offices)

                    Issuer's Telephone Number: (801)278-9424

                         5525 South 900 East, Suite 110
                           Salt Lake City, Utah 84117
                           --------------------------
          (Former Name or Former Address, if changed since last Report)


     Indicate  by check mark  whether the  Registrant  (1) has filed all reports
required to be filed by Sections 13 or 15(d) of the  Securities  Exchange Act of
1934  during  the  preceding  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.

(1)  Yes  X   No             (2)  Yes    X     No      
         ----     ----                  ----         ----

<PAGE>

APPLICABLE  ONLY TO  ISSUERS  INVOLVED  IN  BANKRUPTCY  PROCEEDINGS  DURING  THE
PRECEDING FIVE YEARS

     None, Not Applicable;

     APPLICABLE  ONLY  TO  CORPORATE  ISSUERS  Indicate  the  number  of  shares
outstanding  of each of the  Registrant's  classes  of common  stock,  as of the
latest practicable date:

                                 November 6, 2002
                                    2,357,997

PART I - FINANCIAL INFORMATION


Item 1.Financial Statements.

The Financial Statements of the Registrant required to be filed with this 10-QSB
Quarterly Report were prepared by management and commence on the following page.
In the  opinion of  management,  the  Financial  Statements  fairly  present the
financial condition of the Registrant.


<PAGE>


<TABLE>
<CAPTION>


                             KENTEX PETROLEUM, INC.
                          [A Development Stage Company]
                                  Balance Sheet
                    September 30, 2002 and December 31, 2001



                                                            09/30/2002          12/31/2001
                                                          --------------        ----------
                                                           [Unaudited]
                                          ASSETS

                  
<S>                                                      <C>                    <C>       
Assets                                                   $             0        $        0

                                                          --------------        ----------
         Total Assets                                    $             0        $        0
                                                          ==============        ==========

                          LIABILITIES AND STOCKHOLDERS' DEFICIT

Current Liabilities:
     Loans from stockholders                             $        10,415        $    7,576
     Accrued Liabilities                                               0                 0
     Income Taxes Payable                                              0                 0
                                                          --------------        ----------
         Total Current Liabilities                                10,415             7,576

         Total Liabilities                                        10,415             7,576
                                                          --------------        ----------

Stockholders' Deficit:
     Common Stock, $.001 par value;
         authorized 50,000,000 shares; issued and
         outstanding, 2,357,997                                    2,358             2,358
     Paid-in Capital                                           2,073,802         2,073,802
     Accumulated Deficit                                      (2,086,575)       (2,083,736)
                                                          --------------        ----------      
         Total Stockholders' Deficit                             (10,415)           (7,576)

                                                          --------------        ----------
         Total Liabilities and Stockholders' Deficit     $             0        $        0
                                                          ==============        ==========
</TABLE>


<PAGE>


<TABLE>
<CAPTION>


                             KENTEX PETROLEUM, INC.
                          [A Development Stage Company]
                            STATEMENTS OF OPERATIONS
     For the Three and Nine Month Period Ended September 30, 2002, 2001 and
    for the Period from Reactivation [May 8, 1999] through September 30, 2002

                                        Three Months Three Months  Nine Months  Nine Months  Reactivation through,
                                            Ended       Ended         Ended       Ended       September 30, 2002 
                                          9/30/2002   9/30/2001     9/30/2002    9/30/2001
                                          ---------   ---------     ---------    ---------    ------------------
     
<S>                                     <C>            <C>           <C>        <C>          <C>    
Revenues                                $        0     $      0      $   0      $      0      $        0
                                          ---------   ---------     ---------    ---------    ----------
Operating expenses

    General and Administrative                 580          229      2,839         2,474          45,075
                                          ---------   ---------     ---------    ---------    ----------        

Total operating expenses                       580          229      2,839         2,474          45,075
                                          ---------   ---------     ---------    ---------    ----------

Loss before income taxes and
    discontinued operations                   (580)        (229)    (2,839)       (2,474)        (45,075)

Income taxes                                     0            0          0             0               0

Net (loss)                                    (580)        (229)    (2,839)       (2,474)        (45,075)
                                         ---------------------------------------------------------------
Basic and diluted (loss) per common share    (0.01)    $  (0.01)    $(0.01)        (0.01)          (0.01)
                                         ---------------------------------------------------------------
Weighted Average Shares Outstanding      2,357,997    2,357,997  2,357,997     2,357,997       1,908,347
                                         ===============================================================

</TABLE>


<PAGE>


<TABLE>
<CAPTION>

                             KENTEX PETROLEUM, INC.
                          [A Development Stage Company]
                            Statements of Cash Flows
     For the Three and Nine Month Period Ended September 30, 2002, 2001 and
    for the Period from Reactivation [May 8, 1999] through September 30, 2002

                                      Three Months Three Months  Nine Months  Nine Months  Reactivation through,
                                            Ended       Ended         Ended       Ended       September 30, 2002 
                                          9/30/2002   9/30/2001     9/30/2002    9/30/2001
                                          ---------   ---------     ---------    ---------    ------------------         
Cash Flows From Operating Activities

                
<S>                                     <C>           <C>           <C>         <C>                    <C>    
  Net (loss)                            $      (580)  $    (229)    $(2,839)    $ (2,474)             (45,075)
  Adjustments to reconcile net (loss) to net
    cash used in operating activities
    Shares issued for services                   0            0           0            0                    0
    Increase/(Decrease) in current liabilities   0            0           0            0               34,660
    Increase/(Decrease) in loans from           580         229       2,839        2,474               10,415
    shareholder                           ---------   ---------     ---------    ---------         ----------

      Net cash flows from operating activities    0           0           0            0                    0
                                          =========   =========     =========    =========         ==========

Cash Flows Provided by Financing Activities       0           0           0            0                    0

      Net Increase In Cash                        0           0           0            0                    0 

      Beginning Cash Balance                      0           0           0            0                    0

      Ending Cash Balance                $        0           0           0            0                    0
                                           

</TABLE>


<PAGE>

NOTES  TO  FINANCIAL  STATEMENTS:   Interim  financial  statements  reflect  all
adjustments  which  are,  in the  opinion  of  management,  necessary  to a fair
statement of the results for the periods.  The December 31, 2001,  balance sheet
has been derived from the audited financial statements.  These interim financial
statements  conform with the requirements for interim  financial  statements and
consequently do not include all the disclosures  normally  required by generally
accepted accounting principles.



<PAGE>


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

Plan of Operation.

     The Company has not engaged in any material operations in the period ending
September  30,  2002,  or for over the past ten years.  The  Company  intends to
continue to seek out the acquisition of assets, property or business that may be
beneficial to the Company and its stockholders.

     The Company's only foreseeable cash requirements  during the next 12 months
will relate to maintaining  the Company in good standing in the State of Nevada,
keeping its reports "current" with the Securities and Exchange Commission or the
payment of expenses  associated  with reviewing or  investigating  any potential
business  venture.  Management does not anticipate that the Company will have to
raise additional funds during the next 12 months,  however, if additional moneys
are needed,  they may be advanced by  management  or principal  stockholders  as
loans to the Company. Because the Company has not identified any such venture as
of the date of this Report,  it is  impossible  to predict the amont of any such
loan.  However,  any such loan will not exceed  $25,000  and will be on terms no
less favorable to the Company than would be available  from a commercial  lender
in an arm's length  transaction.  As of the date of this Report, the Company has
not begun seeking any acquisition.

Results of Operations.

     The  Company  has had no  operations  during  the  quarterly  period  ended
September 30, 2002, or for over the past ten years.  During the quarterly period
covered by this Report, the Company received no revenue and incurred expenses of
$580, stemming from general and administrative expenses.

Liquidity

     At September 30, 2002, the Company had total current assets of $0 and total
liabilities of $10,415.


P
ART II - OTHER INFORMATION


Item 1.Legal Proceedings.

None; not applicable.


Item 2.Changes in Securities.

None; not applicable


Item 3.Defaults Upon Senior  Securities.

None; not applicable.


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

None; not applicable


Item 5.Other Information.

None; applicable


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

None; not applicable

(b)Reports on Form 8-K.

None; Not Applicable.



<PAGE>


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.

                                 KENTEX PETROLEUM, INC.



Date:11/06/2002             /S/ JAMES DOOLIN
                            James Doolin, President and Director


<PAGE>




                           CERTIFICATION PURSUANT TO
                            18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                 SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002



     In connection  with the Quarterly  report of Kentex  Petroleum,  Inc., (the
"Company") on Form 10-QSB for the quarterly  period ended September 30, 2002, as
filed with the  Securities  and Exchange  Commission  on the date  hereof,  (the
"Report"),  I(We), James P. Doolin, President of the Company,  certify, pursuant
to  18  U.S.C.  Section  1350,  as  adopted  pursuant  to  Section  906  of  the
Sarbanes-Oxley Act of 2002, that:

     (1) The Report fully  complies  with the  requirements  of section 13(a) or
15(d) of the Securities Exchange Act of 1934, and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.




By/S/ James P. Doolin
President and Director
November 6, 2002