<ARTICLE>                    5
<LEGEND>                     This schedule contains summary financial
                             information extracted from Hondo Oil & Gas
                             Company's Form 10-Q for the period identified
                             below.  This information is qualified in its
                             entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                 1,000
       
                          
<PERIOD-TYPE>                         3-MOS
<FISCAL-YEAR-END>               SEP-30-1995
<PERIOD-END>                    JUN-30-1995
<CASH>                                  155
<SECURITIES>                              0
<RECEIVABLES>                           439
<ALLOWANCES>                              0
<INVENTORY>                               0
<CURRENT-ASSETS>                        666
<PP&E>                               11,385
<DEPRECIATION>                            0
<TOTAL-ASSETS>                       19,588
<CURRENT-LIABILITIES>                 2,899
<BONDS>                              82,205
<COMMON>                             13,229
<PREFERRED-MANDATORY>                     0
<PREFERRED>                               0
<OTHER-SE>                          (82,618)
<TOTAL-LIABILITY-AND-EQUITY>         19,588
<SALES>                                   6
<TOTAL-REVENUES>                         14
<CGS>                                     0
<TOTAL-COSTS>                             2
<OTHER-EXPENSES>                          0
<LOSS-PROVISION>                          0
<INTEREST-EXPENSE>                    3,471
<INCOME-PRETAX>                      (4,760)
<INCOME-TAX>                              0
<INCOME-CONTINUING>                  (4,760)
<DISCONTINUED>                         (300)
<EXTRAORDINARY>                           0
<CHANGES>                                 0
<NET-INCOME>                         (5,060)
<EPS-PRIMARY>                         (0.39)
<EPS-DILUTED>                         (0.39)