UNITED STATES
                     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 July 31, 2003
                                       -------------

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

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


                         Commission File No. 33-2249-FW


                             MILLER PETROLEUM, INC.
                             ----------------------
       (Exact name of small business issuer as specified in its Charter)


             TENNESSEE                                   62-1028629
             ---------                                   ----------
   (State or Other Jurisdiction of               (I.R.S. Employer I.D. No.)
    incorporation or organization)


                                 3651 Baker Highway
                            Huntsville, Tennessee  37756
                            ----------------------------
                     (Address of principal executive offices)

                                  (423) 663-9457
                                  --------------
                              Issuer's telephone number


                                        N/A
                                        ---


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

                                  Not applicable.
                                  ---------------

                       APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date:

                              September 15, 2003

                          8,578,856 Common Shares

Transitional Small Business Issuer Format    Yes X   No
                                                ---     ---

                       PART I - FINANCIAL INFORMATION

Item 1.   Financial Statements.

          The Financial Statements of Miller Petroleum, Inc., a Tennessee
corporation (the "Company"), required to be filed with this Quarterly Report
were prepared by management and reviewed by Charles M. Stivers, Certified
Public Accountant of Manchester, Kentucky and commence on the following page,
together with related Notes.  In the opinion of management, the Financial
Statements fairly present the financial condition of the Registrant.



                            MILLER PETROLEUM, INC.
                         Consolidated Balance Sheets

                                  ASSETS

                                           July 31,        April 30,
                                             2003            2003
                                          Unaudited
                                                     
CURRENT ASSETS

Cash                                        $ 87,465     $   77,364
Investments                                        0         12,812
Accounts receivable - trade-, net            397,650        318,443
Inventory                                    534,260        534,260
Prepaid expenses                              28,936         29,410
                                           ---------     ----------
     Total Current Assets                  1,048,311        972,289
                                           ---------     ----------
FIXED ASSETS

Machinery and equipment                    1,374,614      1,416,709
Vehicles                                     408,801        408,801
Buildings                                    313,335        313,335
Office Equipment                              72,549         74,379
Less: accumulated depreciation              (937,574)      (954,163)
                                          ----------     ----------
    Total Fixed assets                     1,231,725      1,259,061
                                          ----------     ----------
OIL AND GAS PROPERTIES                     2,136,267      2,116,026
(On the basis of successful               ----------     ----------
efforts accounting)

PIPELINE FACILITIES                          218,637        235,104

OTHER ASSETS

Land                                         511,500        511,500
Investments                                      500            500
                                          ----------     ----------
    Total Other Assets                       512,000        512,000
                                          ----------     ----------
TOTAL ASSETS                              $5,146,940     $5,094,480
                                          ==========     ==========

                LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES

Accounts payable - trade                   $ 571,849     $  464,515
Accrued expenses                              91,378         84,191
Notes payable - current portion              560,340        511,824
                                          ----------     ----------
    Total Current Liabilities              1,223,567      1,060,530
                                          ----------     ----------
LONG-TERM LIABILITIES

Notes payable - related                       17,876         24,317
Notes payable                              1,726,171      1,737,478
                                          ----------     ----------
    Total Long-Term Liabilities            1,744,047      1,761,795
                                          ----------     ----------
    Total Liabilities                      2,967,614      2,822,325
                                          ----------     ----------
STOCKHOLDERS' EQUITY

    Common Stock: 500,000,000 shares
    authorized at $0.0001 par value,
    8,578,856 and 8,578,856 shares
    issued and outstanding                       858            858
    Additional paid-in capital             3,884,144      3,884,144
    Retained Earnings                     (1,705,676)    (1,612,847)
                                          ----------     ----------
       Total Stockholders' Equity          2,179,326      2,272,155
                                          ----------     ----------
    TOTAL LIABILITIES AND
    STOCKHOLDERS'S EQUITY                 $5,146,940     $5,094,480
                                          ==========     ==========

The accompanying notes are an integral part of these consolidated financial
statements.



                          MILLER PETROLEUM, INC.
                   Consolidated Statements of Operations
                                (UNAUDITED)

                                           For the Three Months Ended
                                                   July 31,
                                               2003            2002
                                                     
REVENUES

 Oil and gas revenue                       $  205,976           $    184,631

 Service and drilling revenue                 308,103                238,049
 Retail sales                                   2,960                      0
 Other revenue                                  1,500                  4,781
                                           ----------            -----------
    Total Revenue                             518,539                427,461
                                           ----------            -----------

COSTS AND EXPENSES

Cost of oil and gas sales                     171,659                 58,729
Selling, general and
administrative                                103,625                155,328
Salaries and wages                            193,520                216,333
Depreciation, depletion and
amortization                                   90,727                 80,030
                                           ----------            -----------
    Total Costs and Expenses               $  559,531            $   510,420
                                           ----------            -----------
INCOME (LOSS) FROM OPERATIONS                 (40,992)               (82,959)
                                           ----------            -----------
OTHER INCOME (EXPENSE)

 Interest income                                4,465                    645
 Interest expense                             (56,302)               (55,193)
                                           ----------            -----------
    Total Other Income (Expense)              (51,837)               (54,548)
                                           ----------            -----------
NET INCOME (LOSS)                             (92,829)              (137,507)
                                           ==========            ===========
NET EARNING (LOSS) PER SHARE                    (0.01)                 (0.02)
                                           ==========            ===========

WEIGHTED AVERAGE NUMBER OF
SHARES OUTSTANDING                          8,578,856              8,578,856
                                           ==========            ===========


The accompanying notes are an integral part of these consolidated financial
statements.




                          MILLER PETROLEUM, INC.
              Consolidated Statement of Stockholders' Equity
                                (UNAUDITED)


                                      Additional
                       Common Shares    Paid-in     Retained
                       Shares  Amount   Capital     Earnings     Total
                                                   
Balance
April 30, 2002        8,578,856  $858  $3,884,144 ($1,188,418) $2,696,584

Net loss for the
twelve months ended
April 30, 2003                                        ($424,429)($424,429)

Balance
April 30, 2003        8,578,856  $858  $3,884,144 ($1,612,847) $2,272,155

Net loss for the
three months ended
July 31, 2003                                        ($92,829)   ($92,829)

Balance
July 31, 2003         8,578,856  $858  $3,884,144 ($1,705,676) $2,179,326

 The accompanying notes are an integral part of these consolidated financial
 statements


                          MILLER PETROLEUM, INC.
                   Consolidated Statement of Cash Flows
                                (UNAUDITED)

                                              Three Months    Three Months
                                                    Ended July 31,
                                                   2003            2002
                                                    
CASH FLOWS FROM OPERATING ACTIVITIES:

Net income (loss)                              $  (92,829)     $ (137,507)
Adjustments to Reconcile Net Income to
Net Cash Provided (Used) by Operating
Activities:
   Depreciation, depletion and amortization        90,727          80,030
   Gain on sale of equipment                      (22,564)
Changes in Operating Assets and Liabilities:
  Decrease (increase) in accounts receivable      (79,207)         53,497
  Decrease (increase) in investments               12,812               0
  Decrease (increase) in prepaid expenses             474           5,761
  Increase (decrease) in accounts payable         107,334        (112,218)
  Increase (decrease) in accrued expenses           7,187          (5,451)
                                                ---------       ---------
   Net Cash Provided (Used) by Operating
   Activities                                      23,934        (115,888)
                                                ---------       ---------
CASH FLOWS FROM INVESTING ACTIVITIES:

Purchase of oil and gas properties                (44,601)         (4,356)
                                                ---------       ---------
   Net Cash Provided (Used) by Investing
   Activities                                     (44,601)         (4,356)
                                                ---------       ---------
CASH FLOWS FROM FINANCING ACTIVITIES:

Payments on notes payable                         (19,232)         28,574
Proceeds from borrowing                            50,000         113,040

                                                ---------       ---------
    Net Cash Provided (Used) by Financing
    Activities                                  $  30,768       $ 141,614
                                                ---------       ---------
NET INCREASE (DECREASE)IN CASH                  $  10,101       $  21,370
                                                ---------       ---------
CASH AND CASH EQUIVALENTS,
BEGINNING OF PERIOD                                77,364          76,394
                                                ---------       ---------
CASH AND CASH EQUIVALENTS,
END OF PERIOD                                   $  87,465       $  97,764
                                                ---------       ---------
CASH PAID FOR

Interest                                        $ (56,302)      $ (55,193)
Income taxes                                            0               0

NON-CASH FINANCING ACTIVITIES:

Common stock issued for services                                        0
Common stock issued for inventory                                       0


The accompanying notes are an integral part of these consolidated financial
statements.


                          MILLER PETROLEUM, INC.
              Notes to the Consolidated Financial Statements

(1)   Certain information and footnote disclosures normally included in the
      financial statements prepared in accordance with generally accepted
      accounting principles have been condensed or omitted. It is suggested
      that these financial statements be read in conjunction with the
      Registrant's April 30, 2003 Annual Report on Form 1OKSB. The results of
      operations for the period ended July 31, 2003 are not necessarily
      indicative of operating results for the full year.

      The consolidated financial statements and other information furnished
      herein reflect all adjustment which are, in the opinion of management of
      the Registrant, necessary for a fair presentation of the results of the
      interim periods covered by this report.

(2)   RELATED PARTY TRANSACTIONS

      On May 1, 2002, the Company executed a promissory note for $50,000 in
      favor of Herman Gettelfinger, a director. The note was for a period of
      one month with an interest rate of eight percent and may be renewed on
      the same terms at the option of the holder.


(3)   New Accounting Pronouncements


     In 2001, the Financial Accounting Standards Board ("FASB") issued
     Statement of Financial Accounting Standards ("SFAS") No. 143,
     "Accounting for Asset Retirement Obligations" SFAS No. 143 addresses
     financial accounting and reporting for obligations associated with the
     retirement of tangible long-lived assets and the associated asset
     retirement cost.  This statement requires companies to record the
     present value of obligations associated with the retirement of tangible
     long-lived assets in the period in which it is incurred.  The liability
     is capitalized as part of the related long-lived assets carrying amount.
     Over time, accretion of the liability is recognized as an operating
     expense and the capitalization cost is depreciated over the expected
     useful life of the related asset.  The Company's asset retirement
     obligations relate primarily to the plugging, dismantlement, removal
     site reclamation and similar activities of its oil and gas properties.
     Prior to adoption of this statement, such obligations were accrued
     ratably over the productive lives of the assets through its
     depreciation, depletion and amortization for oil and gas properties
     without recording a separate liability for such amounts.  Management
     does not believe that adoption of this standard has a material impact in
     financial positions of results of operation.

     In July 2002, FASB issued SFAS No. 146, Accounting for Costs Associated
     with Exit or Disposal Activities.  The standard requires companies to
     recognize costs associated with exit or disposal activities when they
     are incurred rather than at the date of commitment to an exit or
     disposal plan.  Examples of costs covered by the standard include lease
     termination costs and certain employee severance costs that are
     associated with restructuring, discontinued operation, plant closing, or
     other exit or disposal activity.  Previous accounting guidance was
     provided by EITF Issue No. 94-3, "Liability Recognition for Certain
     Employee Termination Benefits and Other Costs to Exit an Activity
     (including Certain Costs Incurred in a Restructuring)."  Statement 146
     replaces Issue 94-3.  Statement 146 is to be applied prospectively to
     exit or disposal activities initiated after December 31, 2002.  The
     Company does not currently have any plans for exit or disposal
     activities, and therefore does not expect this standard to have a
     material effect on the Company's consolidated financial statements upon
     adoption.

     In November 2002, the FASB issued FASB Interpretation ("FIN") No. 45,
     "Guarantor's Accounting and Disclosure Requirements for Guarantees,
     Including Indirect Guarantees of Indebtedness of Others", which
     clarifies disclosure and recognition/measurement requirements related to
     certain guarantees.  The disclosure requirements are effective for
     financial statements issued after December 15, 2002 and the
     recognition/measurement requirements are effective on a prospective
     basis for guarantees issued or modified after December 31, 2002.  The
     application of the requirements of FIN 45 did not have a impact on our
     financial position or results of operations.

     In December 2002, the FASB issued SFAS No. 148, Accounting of Stock-
     Based Compensation Transition and Disclosure an amendment of FASB
     Statement No. 123 ("Statement 148").  This amendment provides two
     additional methods of transition for a voluntary change to the fair
     value based method of accounting for stock-based employee compensation.
     Additionally, more prominent disclosures in both annual and interim
     financial statements are required for stock-based employee compensation.
     The transition guidance and annual disclosure provisions of Statement
     148 are effective for fiscal years ending after December 15, 2002.  The
     interim disclosure provisions are effective for financial reports
     containing financial statements for interim periods beginning after
     December 15, 2002.  The adoption of Statement 148 did not have a impact
     on the Company's consolidated financial statements.

     In January 2003, the FASB issued FASB Interpretation No. (FIN) 46,
     "Consolidation of Variable Interest Entities."  This interpretation of
     Accounting Research Bulletin No. 51 "Consolidated Financial Statements"
     consolidation by business enterprises of variable interest entities
     which possess certain characteristics.  The Interpretation requires that
     if a business enterprise has a controlling financial interest in a
     variable interest entity, the assets, liabilities, and results of the
     activities of the variable interest entity must be included in the
     consolidated financial statements with those of the business enterprise.
     This Interpretation applies immediately to variable interest entities
     created after January 31, 2003 and to variable interest entities in
     which an enterprise obtains an interest after that date.  We do not have
     any ownership in any variable interest entities as of March 31, 2003.
     We will apply the consolidation requirement of FIN 46 in future periods
     if we should own any interest in any variable interest entity.


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

     Miller Petroleum has more than 50,000 acres under lease in Tennessee.
About 95% of these leases are held by production. Most of its current oil and
gas production is from the Big Lime Formation. However, there are more than
100 development drilling locations that target the Chattanooga Shale as well
as the Big Lime Formation.

     Currently, Miller is offering ten well drilling programs to "accredited
investors' or "sophisticated investors" to spread the risk and facilitate
investor returns.  The Company will sell up to a 75% working interest to
investors while retaining a 25% working interest.  Each program will be made
up of four Chattanooga Shale wells on its Koppers North acreage, five wells on
its Koppers South gas cap and one exploratory well on certain structures in
the Eastern Overthrust belt.

     In June of 2001, the Company made a conventional Big Lime gas discovery,
on the Lindsay Land Company lease jointly owned by Delta Producers, Inc. and
Miller. Currently there are three producing wells on the property with two
additional wells that will begin selling gas September 1, 2003. There are at a
minimum ten additional drill sites on this 4,000 acres lease which is situated
near Caryville, Tennessee.

     Miller is continuing its leasing efforts in the East Tennessee portion
of the Eastern Overthrust Belt. Acreage is being leased on selected large
structures. Two test wells are being planned on one of these large structures
to test the Trenton, Stones River, and upper Knox formations.  Knox wells in
the Overthrust have reserves in excess of two Bcf gas per well.

Liquidity and Capital Resources
-------------------------------

     We estimate that we will be able to adequately fund our development and
production plans, with the exception of the acquisition of additional
properties, for the next 12 months. Sources of funds for us will be revenue
from operations, in particular sales of working interests in wells that we
drill; receipts from the private placement of our securities; and loans.

     We believe that our current cash flow will be sufficient to support our
cash requirements for development and production over the next 12 months.

Results of Operations
---------------------

     The Company had revenues of $518,539 for the first quarter of  fiscal
2004, up from the $427,461 in revenues recognized during the first quarter of
fiscal 2003.

     Oil and gas revenue for the current quarter was $205,976 up from $184,631
in the first quarter of fiscal 2003. This increase was due primarily to
natural gas sales from the Lindsay Land Company lease and higher oil and
natural gas prices.

     Service and drilling revenue for the first quarter was $308,103 up
from $238,049 for the same quarter last year.  This increase was due to the
increased drilling activity.

     During the current quarter, retail sales were $2,960 compared to 0 during
the first quarter of fiscal 2003.  This increase was due to increased
activities.

     The Company's net loss for the current quarter was $92,829, down from net
loss of $137,507 for the same quarter of fiscal 2003. This decrease was due to
a dramatic increase in drilling activity and retail sales.

     Cost of oil and gas sales for the first quarter of fiscal 2004 was
$171,659, up from $58,729 in the same quarter of fiscal 2003, due primarily
to the increase in drilling activity.

     Selling, general and administrative expenses were $103,625, down from
$155,328 in the first quarter of fiscal 2003.  This decrease was primarily due
to decreases in insurance, legal and professional expenses.

     Salaries and wages for the current quarter were $193,520, down from
$216,333 in the first quarter of fiscal 2003.

     Depreciation, depletion and amortization for the first quarter of
fiscal 2004 was $90,727 up from $80,030 in the first quarter of 2003. This
increase was due to a increase in drilling activities.



Item 3.   Controls and Procedures
          -----------------------

     Within the 90-day period prior to the filing of this report, we carried
out an evaluation, under the supervision and with the participation of our
principal executive officer and principal financial officer, of the
effectiveness of the design and operation of our disclosure controls and
procedures. Based on this evaluation, our principal executive officer and
principal financial officer concluded that our disclosure controls and
procedures are effective in timely alerting them to material information
required to be included in our periodic SEC reports. It should be noted that
the design of any system of controls is based on in part upon certain
assumptions about the likelihood of future events, and there can be no
assurance that any design will succeed in achieving its stated goals under all
potential future conditions, regardless of how remote. In addition, we
reviewed our internal controls, and there have been no significant changes in
our internal controls or in other factors that could significantly affect
those controls subsequent to the date of their last evaluation.

PART II  -  OTHER INFORMATION

Item 1.   Legal Proceedings.
          ------------------

     On or about January 13, 2003, Bob A. Pelc and Bernard J. Pelc filed a
"Verified Complaint To Quiet Title And To Enforce Claim Of Abandoned Mineral
Interest" against Donald R. Bardill and Miller Petroleum, Inc., in the
Chancery Court of Morgan County, Tennessee, asserting  that the mineral
interest in certain property in Morgan County, Tennessee, owned by Donald R.
Bardill and leased to Miller Petroleum, Inc., had been extinguished and that
said mineral interest had reverted to the owner of the surface. The complaint
asked the Court that it be adjudged and finally determined that the Plaintiffs
are the lawful owners and are vested with absolute and unencumbered title in
not only fee simple to the Subject Property but also any previous mineral
rights or other encumbrances, such as those held by Bardill.

     Donald R. Bardill is defending the above action against his title in his
mineral interest. The lease to Miller has been extended to six months past the
end of the civil action.  It appears likely that Bardill will prevail in the
courts and Miller will drill for oil on its lease from Bardill. In any event,
this case will not have a material effect on Miller.

Item 2.   Changes in Securities.
          ----------------------

          None.

Item 3.   Defaults Upon Senior Securities.
          --------------------------------

          None; not applicable.

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

          None.

Item 5.   Other Information.

          None.

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

          (a)   Exhibits.

          31.1  302 Certification of Deloy Miller

          31.2  302 Certification of Lawrence LaRue

          32    906 Certification

          (b)   Reports on Form 8-K.

                None.

*     A summary of any Exhibit is modified in its entirety by reference to the
actual Exhibit.


                               SIGNATURES

  In accordance with the requirements of the Exchange Act, the registrant
duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.





                                    MILLER PETROLEUM, INC.


Date: September 15, 2003         By:/s/Deloy Miller
                                    ------------------------
                                    Deloy Miller
                                    Chief Executive Officer

Date: September 15, 2003        By:/s/Lawrence L. LaRue
                                    ------------------------
                                    Lawrence L. LaRue,
                                    Chief Financial Officer