U.S. Securities and Exchange Commission
                             Washington, D.C. 20549

                                   Form 10-QSB
(Mark One)

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

                  For the quarterly period ended June 30, 2004

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


                         Commission file number: 0-27321

                          Vista Exploration Corporation
                  --------------------------------------------
                 (Name of small business issuer in its charter)

            Colorado                                             84-1493152
 ------------------------------                               -----------------
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                              Identification No.)

              11011 King Street, Suite 260, Overland Park, KS 66210
           ----------------------------------------------------------
          (Address of principal executive offices, including ZIP Code)

                    Issuer's telephone number: (913) 393-2700

                                      N.A.
       ------------------------------------------------------------------
      (Former name, address and fiscal year, if changed since last report)

     Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 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 [ ]

     Transitional Small Business Disclosure Format Yes [ ] No [X]

     The issuer had 16,042,000 shares of its common stock issued and outstanding
as of July 31, 2004, the latest practicable date before the filing of this
report.




                          VISTA EXPLORATION CORPORATION

                    INDEX TO QUARTERLY REPORT ON FORM 10-QSB

                                                                            Page

PART I--FINANCIAL INFORMATION

Item 1.  Financial Statements

         Balance Sheet - June 30, 2004 (Unaudited)...........................4

         Statements of Operations (Unaudited) - three months ended
         June 30, 2004 and 2003..............................................5

         Statements of Operations (Unaudited) - six months ended
         June 30, 2004 and 2003..............................................6

         Statement of Changes in Shareholders' Deficit (Unaudited)...........7

         Statements of Cash Flows (Unaudited) - six months ended
         June 30, 2004 and 2003..............................................9

         Notes to Financial Statements (Unaudited)...........................10

Item 2.  Plan of Operation...................................................13

Item 3.  Controls and Procedures.............................................14

PART II--OTHER INFORMATION...................................................15

Item 6.  Exhibits and Reports on Form 8-K....................................15

         Signature...........................................................15

         Certifications

                                        2





                         PART I - FINANCIAL INFORMATION

Forward-Looking Statements

     This report on Form 10-QSB contains forward-looking statements that concern
our business. Such statements are not guarantees of future performance and
actual results or developments could differ materially from those expressed or
implied in such statements as a result of certain factors, including those
factors set forth in Item 2 - Plan of Operation and elsewhere in this report.
All statements, other than statements of historical facts, included in this
report that address activities, events or developments that we expect, believe,
intend or anticipate will or may occur in the future, including the Company's
ability to successfully maintain its existence while it identifies potential
business opportunities, are forward looking statements.

     These statements are based on certain assumptions and analyses made by us
in light of our experience and our product research. Such statements are subject
to a number of assumptions including the following:

     o    business risks and uncertainties;
     o    general economic and business conditions;
     o    acceptance of our new product offerings;
     o    our ability to fulfill orders in a timely manner;
     o    changes in laws or regulations and other factors, many of which are
          beyond our control; and
     o    ability to obtain financing on favorable conditions.

     The cautionary statements contained or referred to in this report should be
considered in connection with any subsequent written or oral forward-looking
statements that may be issued by us or persons acting on our behalf. We
undertake no obligation to release publicly any revisions to any forward-looking
statements to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.

                                        3






Item 1. Financial Statements

                            VISTA EXPLORATION CORPORATION
                            (Formerly ICOP DIGITAL, INC.)
                            (A development stage company)
                             Balance Sheet (Unaudited)
                                    June 30, 2004



                                       Assets

                                                                     
Cash ................................................................   $     6,186
Property and equipment, at cost, net of
    accumulated depreciation ........................................       110,115
Other assets:
    Deferred patent application cost ................................        47,865
                                                                        -----------

                                                                        $   164,166
                                                                        ===========

                        Liabilities and Shareholders' Deficit
Liabilities:
    Accounts payable and accrued liabilities ........................   $ 1,955,342
    Notes payable, related parties ..................................       190,066
    Note payable ....................................................        21,696
                                                                        -----------
                  Total liabilities .................................     2,167,104
                                                                        -----------

Commitment ..........................................................          --

Shareholders' deficit (Note 4):
    Preferred stock, no par value; 5,000,000 shares authorized,
       183,333 shares issued and outstanding ........................     1,099,998
    Common stock, no par value; 50,000,000 shares authorized,
       15,942,000 shares issued and outstanding .....................     2,706,268
    Stock options outstanding - 500,000 .............................        90,000
    Accumulated other comprehensive loss-foreign currency translation       (37,878)
    Accumulated deficit .............................................    (5,861,326)
                                                                        -----------
                  Total Shareholders' deficit .......................    (2,002,938)
                                                                        -----------

                                                                        $   164,166
                                                                        ===========


                See accompanying notes to financial statements.

                                        4





                          VISTA EXPLORATION CORPORATION
                          (Formerly ICOP DIGITAL, INC.)
                          (A development stage company)
                      Statements of Operations (Unaudited)



                                                          Three Months
                                                             Ended
                                                            June 30,
                                                   -----------------------------
                                                       2004             2003*
                                                   ------------    ------------
Operating expenses:
    Stock-based compensation ...................   $       --      $     50,000
    Selling, general and administrative ........        409,357         204,210
    Research and development ...................        112,816         146,668
    Equity in losses of equity-method
       investee, net (Note 3) ..................           --            45,725
                                                   ------------    ------------
                    Total operating expenses ...        522,173         446,603
                                                   ------------    ------------

                    Loss from operations .......       (522,173)       (446,603)

Other (expenses):
    Gain on restructure of trade debt ..........        485,482            --
    Interest expense ...........................           (361)         (2,271)
                                                   ------------    ------------

                    Loss before income taxes ...        (37,052)       (448,874)

Income tax provision ...........................           --              --
                                                   ------------    ------------

                    Net loss ...................   $    (37,052)   $   (448,874)
                                                   ============    ============

Basic and diluted loss per share ...............   $      (0.00)   $      (0.03)
                                                   ------------    ------------

Basic and diluted weighted average
    common shares outstanding ..................     15,843,111      13,188,444
                                                   ============    ============

     * Restated, as explained in Note 1


                 See accompanying notes to financial statements.

                                        5






                                 VISTA EXPLORATION CORPORATION
                                 (Formerly ICOP DIGITAL, INC.)
                                 (A development stage company)
                             Statements of Operations (Unaudited)



                                                        Six Months               May 24, 2002
                                                          Ended                   Inception
                                                         June 30,                  through
                                               -----------------------------       June 30,
                                                   2004             2003*            2004*
                                               ------------     ------------     ------------
                                                                        
Operating expenses:
    Stock-based compensation................   $       --       $     50,000     $    150,000
    Selling, general and administrative ....        859,512          397,468        2,123,205
    Research and development ...............        605,620          262,765        3,611,737
    Equity in losses of equity-method
       investee, net (Note 3) ..............           --             96,455          450,000
                                               ------------     ------------     ------------
                    Total operating expenses      1,465,132          806,688        6,334,942
                                               ------------     ------------     ------------

                    Loss from operations ...     (1,465,132)        (806,688)      (6,334,942)

Other (expenses):
    Foreign currency translation ...........           --               --             (4,221)
    Gain on restructure of trade debt.......        485,482             --            485,482
    Interest expense .......................         (1,019)          (2,556)          (7,645)
                                               ------------     ------------     ------------

                    Loss before income taxes       (980,669)        (809,244)      (5,861,326)

Income tax provision .......................           --               --               --
                                               ------------     ------------     ------------

                    Net loss ...............   $   (980,669)    $   (809,244)    $ (5,861,326)
                                               ============     ============     ============

Basic and diluted loss per share ...........   $      (0.06)    $      (0.06)
                                               ------------     ------------

Basic and diluted weighted average
    common shares outstanding ..............     16,095,177       12,799,048
                                               ============     ============

     * Restated, as explained in Note 1


                        See accompanying notes to financial statements.

                                               6







                                          VISTA EXPLORATION CORPORATION
                                          (Formerly ICOP DIGITAL, INC.)
                                          (A development stage company)
                            Statement of Changes in Shareholders' Deficit (Unaudited)


                                                            Preferred Stock               Common Stock
                                                       -------------------------   ---------------------------
                                                         Shares       Par Value      Shares          Amount
                                                       -----------   -----------   -----------     -----------

                                                                                       
Balance at May 24, 2002 (inception) ................          --     $      --            --       $      --

June to August 2002, shares sold in private
   placement offering ($.01/share) .................          --            --      10,620,000*        106,200
September 2002, shares sold in private
   placement offering ($.10/share) .................          --            --       1,000,000*        100,000
October to November 2002, shares sold in private
   placement offering ($1.00/share) ................          --            --         150,000*        150,000
December 2002, shares issued in exchange for
   public relations services ($1.00/share) .........          --            --         100,000*        100,000
Net loss for the period ended December 31, 2002 ....          --            --            --              --
                                                       -----------   -----------   -----------     -----------

Balance at December 31, 2002 .......................          --            --      11,870,000         456,200

January to December 2003, shares sold in private
   placement offering ($1.00/share), net of
   offering costs of $22,500 .......................          --            --       1,946,000*      1,923,500
February 2003, shares issued in exchange for
   equipment installation services ($1.00/share) ...          --            --          11,000*         11,000
February 2003, shares issued in exchange for
   design services ($1.00/share) ...................          --            --          50,000*         50,000
February 2003, shares issued to acquire McCoy's
   Law Line, Inc. ($1.00/share) (Note 1) ...........          --            --         700,000*        700,000
Stock options issued in exchange for
   services provided ...............................          --            --            --              --
                                                       -----------   -----------   -----------     -----------

Balance at December 30, 2003, prior to merger ......          --            --      14,577,000       3,140,700

December 31, 2003, shares issued in conjunction
   with merger with ICOP Digital, Inc. (Note 1) ....          --            --       1,790,000          (9,432)
Unrealized effect of the change in foreign
   currency exchange rates .........................          --            --            --              --
Net loss for the year ended December 31, 2003 ......          --            --            --              --
                                                       -----------   -----------   -----------     -----------

Balance at December 31, 2003 .......................          --            --      16,367,000       3,131,268

January to June, 2004, shares sold in private
   placement offering ($1.00/share) (Note 4) .......          --            --         225,000         225,000
January 2004, shares issued in exercise of
   options ($1.00/share) (Note 4) ..................          --            --          50,000          50,000
January to March 2004, preferred shares sold in
   private placement offering ($6.00/share) (Note 4)       183,333     1,099,998          --              --
March 2004, shares received to divest McCoy's
   Law Line, Inc. ($1.00/share) (Note 1) ...........          --            --        (700,000)       (700,000)
Unrealized effect of the change in foreign
   currency exchange rates .........................          --            --            --              --
Net loss for the six months ended June 30, 2004 .             --            --            --              --
                                                       -----------   -----------   -----------     -----------

Balance at June 30, 2004 ..........................        183,333   $ 1,099,998    15,942,000     $ 2,706,268
                                                       ===========   ===========   ===========     ===========

     * Restated, as explained in Note 1


Table continues on following page.

                                                        7







                                          VISTA EXPLORATION CORPORATION
                                          (Formerly ICOP DIGITAL, INC.)
                                          (A development stage company)
                       Statement of Changes in Shareholders' Deficit (Unaudited) (Continued)

                                                                     Accumulated
                                                                           Other
                                                          Stock     Comprehensive   Accumulated
                                                         Options        Loss          Deficit*        Total
                                                       -----------   -----------    -----------    -----------

                                                                                       
Balance at May 24, 2002 (inception) ................   $      --     $      --      $      --      $      --

June to August 2002, shares sold in private
   placement offering ($.01/share) .................          --            --             --          106,200
September 2002, shares sold in private
   placement offering ($.10/share) .................          --            --             --          100,000
October to November 2002, shares sold in private
   placement offering ($1.00/share) ................          --            --             --          150,000
December 2002, shares issued in exchange for
   public relations services ($1.00/share) .........          --            --             --          100,000
Net loss for the period ended December 31, 2002 ....          --            --         (537,615)      (537,615)
                                                       -----------   -----------    -----------    -----------

Balance at December 31, 2002 .......................          --            --         (537,615)       (81,415)

January to December 2003, shares sold in private
   placement offering ($1.00/share), net of
   offering costs of $22,500 .......................          --            --             --        1,923,500
February 2003, shares issued in exchange for
   equipment installation services ($1.00/share) ...          --            --             --           11,000
February 2003, shares issued in exchange for
   design services ($1.00/share) ...................          --            --             --           50,000
February 2003, shares issued to acquire McCoy's
   Law Line, Inc. ($1.00/share) (Note 1) ...........          --            --             --          700,000
Stock options issued in exchange for
   services provided ...............................        90,000          --             --           90,000
                                                       -----------   -----------    -----------    -----------

Balance at December 30, 2003, prior to merger ......        90,000          --         (537,615)     2,693,085

December 31, 2003, shares issued in conjunction
   with merger with ICOP Digital, Inc. (Note 1) ....          --            --             --           (9,432)
Unrealized effect of the change in foreign
   currency exchange rates .........................          --         (75,581)          --          (75,581)
Net loss for the year ended December 31, 2003 ......          --            --       (4,343,042)    (4,343,042)
                                                       -----------   -----------    -----------    -----------

Balance at December 31, 2003 .......................        90,000       (75,581)    (4,880,657)    (1,734,970)

January to June, 2004, shares sold in private
   placement offering ($1.00/share) (Note 4) .......          --            --             --          225,000
January 2004, shares issued in exercise of
   options ($1.00/share) (Note 4) ..................          --            --             --           50,000
January to March 2004, preferred shares sold in
   private placement offering ($6.00/share) (Note 4)          --            --             --        1,099,998
March 2004, shares received to divest McCoy's
   Law Line, Inc. ($1.00/share) (Note 1) ...........          --            --             --         (700,000)
Unrealized effect of the change in foreign
   currency exchange rates .........................          --          37,703           --           37,703
Net loss for the six months ended June 30, 2004 .             --            --         (980,669)      (980,669)
                                                       -----------   -----------    -----------    -----------

Balance at June 30, 2004 ..........................    $    90,000   $   (37,878)   $(5,861,326)   $(2,002,938)
                                                       ===========   ===========    ===========    ===========

     * Restated, as explained in Note 1


                                 See accompanying notes to financial statements.

                                                        8







                                 VISTA EXPLORATION CORPORATION
                                 (Formerly ICOP DIGITAL, INC.)
                                 (A development stage company)
                             Statements of Cash Flows (Unaudited)


                                                            Six Months            May 24, 2002
                                                               Ended               Inception
                                                              June 30,              through
                                                     --------------------------     June 30,
                                                         2004           2003*          2004*
                                                     -----------    -----------    -----------
                                                                          
Cash flows from operating activities:
    Net loss .....................................   $  (980,669)   $  (809,244)   $ (5,861326)
    Adjustments to reconcile net loss to net cash
      used by operating activities:
        Depreciation .............................        13,197          8,442         36,105
        Book value of equipment retired ..........         1,734           --           28,837
        Stock-based compensation .................          --           50,000        150,000
        Stock options issued .....................          --             --           90,000
        Loss on unconsolidated subsidiary ........          --           96,455        450,000
        Gain on restructured trade debt ..........      (485,482)          --         (485,482)
        Changes in operating liabilities:
          Increase in accounts receivable
             and prepaid expenses ................         5,400        (27,884)          --
          Increase in accounts payable and
             accrued liabilities .................       574,295        (55,330)     2,402,946
                                                     -----------    -----------    -----------
                 Net cash used in
                    operating activities .........      (871,525)      (737,561)    (3,188,920)
                                                     -----------    -----------    -----------
Cash flows from investing activities:
    Purchases of property and equipment ..........       (26,678)        (4,560)       (91,648)
    Payment of patent costs ......................       (47,866)          --          (47,866)
    Liabilities assumed in recapitalization (Note 1)        --             --            9,432
    Investment in subsidiary .....................      (450,000)          --         (450,000)
    Deposits .....................................         3,000           --             --
                                                     -----------    -----------    -----------
                 Net cash used in
                    investing activities .........      (521,544)        (4,560)      (580,082)
                                                     -----------    -----------    -----------
Cash flows from financing activities:
    Proceeds from issuance of notes payable ......       225,000           --          677,231
    Principal payments on notes payable ..........      (319,523)        (2,813)      (534,241)
    Proceeds from the sale of preferred stock ....     1,099,998           --        1,099,998
    Proceeds from the sale of common stock .......       275,000        813,500      2,554,700
    Payment of offering costs ....................          --          (22,500)       (22,500)
                                                     -----------    -----------    -----------
                 Net cash provided by
                    financing activities .........     1,280,475        788,187      3,775,188
                                                     -----------    -----------    -----------
                    Net change in cash ...........      (112,594)        46,066          6,186

Cash, beginning of period ........................       118,780         20,782           --
                                                     -----------    -----------    -----------

Cash, end of period ..............................   $     6,186    $    66,848    $     6,186
                                                     ===========    ===========    ===========

Supplemental disclosure of cash flow information:
    Income taxes .................................   $      --      $      --      $      --
                                                     ===========    ===========    ===========
    Interest .....................................   $     3,568    $     2,558    $     7,645
                                                     ===========    ===========    ===========

    Non-cash investing and financing transactions:
      Subsidiary acquired with stock .............   $      --      $   700,000    $   700,000
      Subsidiary divested for stock ..............   $  (700,000)   $      --      $  (700,000)
      Foreign currency translation ...............   $   (37,703)   $      --      $    37,878
      Equipment acquired with stock ..............   $      --      $      --      $    11,000
      Equipment acquired with notes payable ......   $    72,408    $      --      $    72,408
                                                     ===========    ===========    ===========
          * Restated, as explained in Note 1


                        See accompanying notes to financial statements.

                                             9





                          VISTA EXPLORATION CORPORATION
                          (Formerly ICOP DIGITAL, INC.)
                          (A development stage company)
                          Notes to Financial Statements


Note A: Basis of Presentation
-----------------------------

The financial statements presented herein have been prepared by the Company in
accordance with the accounting policies in its audited financial statements for
the period ended December 31, 2003, as filed in its annual report on Form 10K-SB
filed April 16, 2004, and should be read in conjunction with the notes thereto.
The Company entered the development stage in accordance with Statement of
Financial Accounting Standard ("SFAS") No. 7 on May 24, 2002. It is a
development stage enterprise engaged in the design, development and marketing of
an in-car video recorder system for use in the law enforcement industry. No
in-car video units have been sold.

In the opinion of management, all adjustments (consisting only of normal
recurring adjustments) which are necessary to provide a fair presentation of
operating results for the interim period presented have been made. The results
of operations for the periods presented are not necessarily indicative of the
results to be expected for the year.

Interim financial data presented herein are unaudited. The unaudited interim
financial information presented herein has been prepared by the Company in
accordance with the policies in its audited financial statements for the period
ended December 31, 2003 and should be read in conjunction with the notes
thereto.

The accompanying statements of operations and cash flows reflect the six-month
period ended June 30, 2004. The comparative figures for the six-month period
ended June 30, 2003 have been included in the accompanying statements of
operations and cash flows for comparison on an unaudited basis.


Note 1: Nature of Operations, Merger, and Summary of Significant Accounting
Policies

Operations and Merger
Vista Exploration Corporation (formerly ICOP Digital, Inc.) (the "Company"), was
incorporated in May 2002 in Nevada. It is a development stage enterprise engaged
in the design, development and marketing of an in-car video recorder system for
use in the law enforcement industry. No in-car video units have been sold. The
Company's offices are located in Overland Park, Kansas.

Certain changes have been made to the prior year's financial statements in order
to conform to the current year's presentation.

In February 2003, the Company purchased all of the issued and outstanding common
stock of McCoy's Law Line, Inc. ("McCoy's"). The primary reason for the purchase
was to permit ICOP to sell and distribute law enforcement-related products in
addition to its in-car digital video record system. The purchase price consisted

                                        10




                          VISTA EXPLORATION CORPORATION
                          (Formerly ICOP DIGITAL, INC.)
                          (A development stage company)
                          Notes to Financial Statements


of 700,000 shares of ICOP common stock valued at $1.00 per share by the
Company's Board of Directors based on contemporaneous stock sales to unrelated
third parties. In March 2004, the Company sold its investment in McCoy's to
develop a different system to market its products. The sale price consisted of
the 700,000 shares of ICOP common stock valued at $1.00 per share that had been
paid for the purchase.

On December 31, 2003, ICOP Digital, Inc. (ICOP) exchanged 100 percent of its
outstanding shares of common stock for 14,577,000 shares of the common stock of
Vista Exploration Corporation ("Vista".) In January 2004, the two companies
merged. The acquisition has been treated as a recapitalization of ICOP, with
Vista the legal surviving entity. Since Vista had, prior to the recapitalization
of ICOP, no assets and net liabilities (consisting principally of accounts
payable) and no operations, the recapitalization has been accounted for as the
sale of 1,790,000 shares of ICOP common stock for the net liabilities of Vista.
The historical financial statements presented herein have been restated and are
those of ICOP. Costs of the transaction have been charged to the period.

Basis of Presentation
The accompanying financial statements have been prepared on a going concern
basis, which contemplates the realization of assets and the satisfaction of
liabilities in the normal course of business. As shown in the accompanying
financial statements, the Company has suffered significant losses since
inception. This factor, among others, may indicate that the Company will be
unable to continue as a going concern.

Management plans to continue to sell common stock to raise capital for research
and development and operations. In addition, the Company plans to seek debt
financing to support the manufacture and import of its new products as they come
to market. In the longer term, the Company plans to expand its acquired
operations, commence sale of its new products and become profitable. There is no
assurance that the Company's new products will gain market acceptance or that
the Company will attain profitability.

The financial statements do not include any adjustments relating to the
recoverability and classification of assets and/or liabilities that might be
necessary should the Company be unable to continue as a going concern. The
Company's continuation as a going concern is dependent upon its ability to meet
its obligations on a timely basis, and, ultimately to attain profitability.


Note 2: Related Party Transactions

Notes payable to related parties consisted of unsecured advances made to the
Company under promissory note agreements for working capital purposes and pay no
interest. The notes payable are due on demand. During the six months ended June
30, 2004 shareholders and affiliates advanced $250,066 to the Company and during
that period the Company repaid $260,000.

                                       11




                          VISTA EXPLORATION CORPORATION
                          (Formerly ICOP DIGITAL, INC.)
                          (A development stage company)
                          Notes to Financial Statements


The Company purchased furnishings and equipment from a company owned by a
shareholder for a total price of $50,066. The price paid was the predecessor's
depreciated cost, which the board of directors determined to represent the fair
value of the property.

The Company pays an automobile lease payment of $720 per month on behalf of the
Chairman of the Board. Total payments related to the lease were $4,320 in 2004.

During 2003, certain shareholders advanced to the Company $70,418 for working
capital. The Company repaid $36,541 to those shareholders during the same
period. The advances are interest free and are due as cash becomes available.
The Company repaid the shareholders the remaining $33,877 during the six months
ending June 30, 2004.

Note 3: Investment in Unconsolidated Subsidiary

In March, 2004, the Company transferred $450,000 to its unconsolidated
subsidiary, McCoy's Law Line, Inc. This payment was the amount of the Company's
share of the net loss for 2003 of the subsidiary. The Company also sold its
investment in McCoy's to McCoy's original owners in exchange for the 700,000
shares of ICOP common stock that the Company had paid for the original purchase.
No gain or loss was recorded from this investment in 2004.

Note 4: Shareholders' Equity

Preferred Stock issued for Cash
From January through March, 2004, the Company sold 183,333 shares of convertible
preferred stock for total proceeds of $1,099,998. These shares can each be
converted into eight shares of common stock and carry a warrant that allows the
purchase of an additional eight common shares at a price of $1.80 per share.

Common Stock Issued for Cash
In 2004, the Company sold 225,000 shares of its common stock for a total of
$225,000, or $1.00 per share. The shares of common stock were sold under a
private offering memorandum relating to the private offering of up to 2 million
shares of its common stock at $1.00 per share.

In January 2004, the Company sold 50,000 shares of its common stock for a total
of $50,000, or $1.00 per share in exercise of stock options issued in 2002.

The securities sold have not been registered pursuant to the Securities Act of
1933, as amended (the "ACT"), nor have they been registered under the securities
act of any state. These securities were offered pursuant to an exemption from
registration requirements of the Act and exemptions from registration provided
by applicable state securities laws. Management of the Company, who were not
paid any commission or compensation for offering or selling the securities, sold
the securities.

                                       12




                          VISTA EXPLORATION CORPORATION
                          (Formerly ICOP DIGITAL, INC.)
                          (A development stage company)
                          Notes to Financial Statements


Note 5: Income Taxes

The Company records its income taxes in accordance with Statement of Financial
Accounting Standard No. 109, "Accounting for Income Taxes". The Company incurred
net operating losses during the periods shown on the condensed financial
statements resulting in a deferred tax asset, which was fully allowed for,
therefore the net benefit and expense result in $0 income taxes.



Item 2. Plan of Operation.

     During the three months ended June 30, 2004, the Company incurred $112,816
in research and development expenses and $409,357 in general and administrative
expense, resulting in an operating loss of $522,173. During the three months
ended June 30, 2003, the Company incurred $196,668 in research and development
expenses, $204,210 in general and administrative expense and $45,725 in losses
from its marketing subsidiary, resulting in an operating loss of $446,603. The
increased level of expense is the result of increased personnel and activity as
the Company executes its marketing plan. In addition, the company negotiated a
reduction of $485,482 in the amount it had been billed by a contractor in 2003
for research and development costs.

     During the six months ended June 30, 2004, the Company incurred $605,620 in
research and development expenses and $859,512 in general and administrative
expense, resulting in an operating loss of $1,465,132. During the six months
ended June 30, 2003, the Company incurred $312,765 in research and development
expenses, $397,468 in general and administrative expense and $96,455 in losses
from its marketing subsidiary, resulting in an operating loss of $806,688. The
increased level of expense is the result of increased personnel and activity as
the Company executes its business plan.

Liquidity and Capital Resources

     On June 30, 2004, the Company had $6,186 in cash and a total of $2,167,104
in current liabilities, primarily related to the research and development costs.
Net cash used in operating activities for the six months ended June 30, 2004 was
$871,525 compared to cash used in operating activities of $737,561 for the six
months ended June 30, 2003. Net cash used in investing activities for the six
months ended June 30, 2004 was $521,544, including $450,000 paid to the
marketing subsidiary that was divested in March 2004 and $47,866 paid for patent
applications. Net cash provided by financing activities was $1,280,475 for the
six months ended June 30, 2004, compared to $788,187 for the six months ended
June 30, 2003, primarily from the sale of preferred and common stock.

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financial statements for the year ended December 31, 2003, to state that our
losses since inception and our net capital deficit at December 31, 2003 raise
substantial doubt about our ability to continue as a going concern. Our ability
to continue as a going concern is dependent upon raising additional capital and
achieving profitable operations. We cannot assure you that our plan of operation
will be successful in addressing this issue.

     Our Capital Requirements

     We will need to raise additional funds to finance our planned operations
during the next 12 months.

     We currently do not have any binding commitments for, or readily available
sources of, additional financing. There is no guarantee that additional
financing will be available to us when needed or, if available, that it can be
obtained on commercially reasonable terms. If we do not obtain additional
financing we will not be able to implement our plan. Furthermore, we could be
forced to cease operations and liquidate our assets.


     Employees

     We currently have eight full time employees.


Item 3. Controls and Procedures.

     Currently we have one employee who pays all Company bills and keeps all
files and records for all Company business activities, which are limited. On a
quarterly basis, all records are turned over to the Company's accountant who
prepares financial statements based on those records. The Company's accountant
has consistent and cooperative access to management and the Company's files and
records. After the financial statements are prepared by the Company's
accountant, they are approved by management.

     Given the current level of very limited business activity of the Company
and the financial and accounting procedures described above, it is the
conclusion of our Chief Financial Officer and Chief Accounting Officer that the
Company's disclosure controls and procedures are effective to ensure that the
information required to be disclosed by the Company in the reports that it files
or submits under the Securities and Exchange Act of 1934, as amended, is
recorded, processed, summarized and reported, within the time periods specified
in the applicable rules and forms of the Securities and Exchange Commission.

     There were no significant changes in the Company's internal controls or in
other factors that could significantly affect the Company's disclosure controls
and procedures during the period covered by this report, nor any significant
deficiencies or material weaknesses in such disclosure controls and procedures
requiring corrective actions. As a result, no corrective actions were taken.

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                           PART II - OTHER INFORMATION

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

(a) The following exhibits are furnished as part of this report:

     1. Exhibit 31.1       Certification required by Section 302 of
                           the Sarbanes-Oxley Act of 2002.

     2. Exhibit 31.2       Certification required by Section 302 of
                           the Sarbanes-Oxley Act of 2002.

     3. Exhibit 32.1       Certification required by Section 906 of
                           the Sarbanes-Oxley Act of 2002.

     3. Exhibit 32.2       Certification required by Section 906 of
                           the Sarbanes-Oxley Act of 2002.

(b) Reports on Form 8-K.

     No reports on Form 8-K were filed during the quarter for which this report
is filed.




                                   SIGNATURES

     In accordance with the requirements of the Securities and Exchange Act of
1934, as amended, the registrant caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.

                                          VISTA EXPLORATION CORPORATION


Date: August 25, 2004                     By: /s/ David C. Owen
                                          ----------------------------
                                          David C. Owen,
                                          Chief Executive Officer

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