UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

	X	QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
		For the Quarterly Period Ended March 31, 2008
		TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
		For the Transition Period From to

Commission File Number 0-9083

ENERCORP, INC.

(Exact name of Registrant as specified in its charter)

Colorado 84-0768802

(State or other jurisdiction of (I.R.S. Employer

incorporation or organization) Identification Number)

23399 Commerce Drive Suite B-1

Farmington Hills, MI 48335

(Address of principal executive offices)

Registrant's telephone number, including area code: (248) 994-0099

Indicate by check mark whether the Company (1) has filed all reports required to be filed by Section 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: Yes X No

Indicate by check mark whether the registrant is an accelerated filer (as defined in Rule 12b-2 of the Exchange Act) Yes No X

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes No X

The number of shares outstanding of the registrant’s common stock as of March 31, 2008 was 695,897.

PART I

Item 1: Financial Statements

Enercorp, Inc.

Statements of Net Assets

ASSETS	March 31, 2008 (Unaudited)	June 30, 2007

Investments, at fair value, as determined by the Board of Directors, cost of $7,750 at both March 31, 2008 and June 30, 2007	$ 5,396	$ 5,351
Cash	227	190,370
Prepaid expenses	1,767	884
Total assets	7,390	196,605

LIABILITIES
Note payable	325,000	325,000
Note payable related parties	85,032	151,964
Accounts payable and accrued liabilities	10,304	19,443
Accrued management fees-related party	3,500	67,500
Interest payable -related parties	6,026	13,687
Interest payable - other	83,458	66,318
Total liabilities	513,320	643,912
Commitments and contingencies	-	-
NET ASSETS	(505,930)	(447,307)

ANALYSIS OF NET ASSETS:
Common stock, no par value: 10,000,000 shares authorized, 695,897 shares issued and outstanding at March 31, 2008 and June 30, 2007.	1,888,251	1,888,251
Preferred stock, no par value, 1,000,000 shares authorized, zero issued and outstanding	-	-
Accumulated deficit	(2,391,826)	(2,333,158)
Net unrealized depreciation on investments	(2,355)	(2,400)
Net assets (equivalent to $(0.73) and $(0.64) per share based on 695,897 shares of common stock outstanding)	$ (505,930)	$ (447,307)

ENERCORP INC 10-Q