<ARTICLE>                    5
<LEGEND>                     This schedule contains summary financial
                             information extracted from Hondo Oil & Gas
                             Company's Form 10-K for the period identified
                             below.  This information is qualified in its
                             entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                          1,000
       
                          
<FISCAL-YEAR-END>               SEP-30-1995
<PERIOD-END>                    SEP-30-1995
<PERIOD-TYPE>                          YEAR
<CASH>                                1,771
<SECURITIES>                              0
<RECEIVABLES>                           839
<ALLOWANCES>                            399
<INVENTORY>                               0
<CURRENT-ASSETS>                      2,218
<PP&E>                               12,777
<DEPRECIATION>                            0
<TOTAL-ASSETS>                       18,398
<CURRENT-LIABILITIES>                 3,295
<BONDS>                              82,213
<PREFERRED-MANDATORY>                     0
<PREFERRED>                               0
<COMMON>                             13,423
<OTHER-SE>                          (86,787)
<TOTAL-LIABILITY-AND-EQUITY>         18,398
<SALES>                                  23
<TOTAL-REVENUES>                         44
<CGS>                                     0
<TOTAL-COSTS>                            45
<OTHER-EXPENSES>                          0
<LOSS-PROVISION>                          0
<INTEREST-EXPENSE>                    4,680
<INCOME-PRETAX>                      (6,843)
<INCOME-TAX>                            113
<INCOME-CONTINUING>                  (6,956)
<DISCONTINUED>                       (4,950)
<EXTRAORDINARY>                           0
<CHANGES>                                 0
<NET-INCOME>                        (11,906)
<EPS-PRIMARY>                         (0.90)
<EPS-DILUTED>                         (0.90)