ITEM 2. MANAGEMENT'S PLAN OF OPERATION

GENERAL OVERVIEW

Minhas Energy Consultants, Inc. (referred to as "Minhas", "us", "we" and "our") was incorporated on May 11, 2006, in the State of Nevada. Minhas's principal executive offices are located at Suite 110, 1915 - 27 Avenue NE Calgary Alberta T2E 7E4. Our telephone number is (403) 735-5009. We are a development stage company with no revenue and limited operations to date. There can be no assurance that we will generate revenues in the future, or that we will be able to operate profitably in the future, if at all. We have incurred net losses in each fiscal year since inception of our operations. Since becoming incorporated, we have not made any significant purchase or sale of assets, nor have we been involved in any mergers, acquisitions or consolidations. Our company has never declared bankruptcy, it has never been in receivership, and it has never been involved in any legal action or proceedings.

Subsequent to our incorporation, we have been in the process of establishing ourselves as a company that will focus its operations on providing professional engineering consulting services to the oil and gas industry. Our typical clients may include petroleum and natural gas companies, oil service companies, utilities and manufacturing companies with petroleum and/or natural gas interests and government agencies.

We are providing our services within Western Canada, which includes the provinces of Saskatchewan, Alberta, and British Columbia. We are focusing on this area because it provides approximately 93% of Canada's total conventional oil and gas production and is expected to remain the dominant area in to the foreseeable future. Western Canada is also well regarded globally as a major producer and recently has been recognized as a key to secure and stable future oil and gas supplies for North America. It has been an active area for exploration and production for over 60 years and is represented by many participants in all segments of the industry.

We are focusing our consulting services on reservoir and petroleum engineering and engineering services related to the procurement and construction of infrastructure for the production and distribution of oil and gas from the wellhead to the major transport systems for refining. These are two fast growing engineering segments in the industry, and are presently experiencing significant demand due to an acceleration of exploration activities and a shortage of related manpower.

We plan on earning our revenues by charging consulting fees for services rendered. These fees, which will represent our primary source of revenues to our company, may be billed on an hourly basis or fixed price contracts. Our long term objective is to become a well recognized consulting engineering company, and to develop a well rounded contact and client base as we become profitable and generate revenues.

We have not yet entered into any engagements or consulting contracts.

PLAN OF OPERATION

The following discussion of the plan of operation, financial condition, results of operations, cash flows and changes in financial position of our Company should be read in conjunction with our most recent financial statements and notes appearing elsewhere in this Form 10-QSB; and our 10KSB for December 31, 2007.

Minhas Energy is a development stage consulting engineering company with very limited operations to date, no revenue, very limited financial backing and few assets. Our plan of operations is to establish Minhas Energy as a company that will seek out oil and gas consulting engineering opportunities in Alberta, British Columbia and Saskatchewan. We will initially concentrate on providing consulting engineering services in the reservoir and petroleum engineering and production facilities engineering segments of the oil and gas industry. We chose this segment because there is currently high demand for consultants, and we believe demand will continue to increase in the foreseeable future. These are also segments that small business such as ours that lack financial and manpower resources, can enter into far more easily than other integrated engineering services or general contracting businesses.

Our business objectives are:

* To become a well recognized and respected consulting engineering company oil and gas companies in Alberta, British Columbia and Saskatchewan, with a focus on reservoir/petroleum engineering and facilities engineering and project management.
* To develop a well rounded client base and contacts from which we can generate revenues and become profitable.
* To build long term relationships with many of the oil and gas companies to expand our business and service offerings

Our goals over the next 12 months are:

* Build awareness of our company in our target market through a program of direct contact and advertising through selected media that is focused on our prospective clients
* Achieve revenue by December 31, 2008.
* Achieve break even operations over the next 18 months

During the first stages of Minhas's growth, our officers and directors will provide all the labor required to execute our business plan at no charge. Since we intend to operate with very limited administrative support, our officers and directors will continue to be responsible for all labor required to market our services to prospective clients and perform any professional engineering services for at least the first year of operations. If we manage to obtain engagements or contracts that necessitates the need for additional professional personnel, we plan on obtaining these services on an hourly contract basis only. We presently have no intention to hire additional employees during our first year of operations. Due to our limited financial resources, each of the management team will dedicate approximately 10 - 20 hours a week in order to carry out our operations.

RESULTS OF OPERATIONS

Our company posted losses of $22,922 for the three months ended March 31, 2008 compared to $6,602 for the three months ended March 31, 2007. From inception to March 31, 2008 we have incurred losses of $92,055. The principal components of our losses for the three months ended March 31, 2008 included general and administrative costs of $5,219, marketing costs of $17,500 and amortization of our website of $203. This compares to general and administrative costs of $6,395 and amortization of $207 in 2007.

LIQUIDITY AND CASH RESOURCES

At March 31, 2008, we had working capital of $9,831, compared to $32,550 at December 31, 2007. At March 31, 2008, our total assets consisted of cash of $10,831 and property and equipment of $1,364, compared to cash of $35,550 and property and equipment of $1,567 at December 31, 2007.

How long we will be able to satisfy our cash requirements depends on how quickly our company can generate revenue and how much revenue can be generated. Although there can be no assurance at present, we plan to be in a position to generate revenues within our current fiscal. Net consulting fee revenue is defined as gross revenue net of any direct costs that were necessary to produce the revenue, such as subcontractors, travel and other direct costs attributable to the project that we have to pay for. Because we only have $9,831 in working capital remaining, we are suspending further marketing expenditures and will operate in a corporate maintenance mode until we either generate revenue or obtain additional financing.

Our future operations are also dependent upon the identification and successful completion of additional long-term or permanent equity financing, the support of creditors and shareholders, and, ultimately, the achievement of profitable operations. There can be no assurances that we will be successful, which would in turn significantly affect our ability to roll out our business plan. If not, we will likely be required to reduce operations or liquidate assets. We will

continue to evaluate our projected expenditures relative to our available cash and to seek additional means of financing in order to satisfy our working capital and other cash requirements.

If we fail to generate sufficient net revenues, we will need to raise additional capital to continue our operations thereafter. We cannot guarantee that additional funding will be available on favorable terms, if at all. Any further shortfall will affect our ability to expand or even continue our operations. We cannot guarantee that additional funding will be available on favorable terms, if at all.