<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM OIL CITY PETROLEUM, INC.'S SECOND QUARTER 10-Q DATED FEBRUARY 28, 1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENT. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> AUG-31-1997 <PERIOD-END> FEB-28-1997 <CASH> 34261 <SECURITIES> 0 <RECEIVABLES> 13971 <ALLOWANCES> 0 <INVENTORY> 4992 <CURRENT-ASSETS> 737 <PP&E> 1363064 <DEPRECIATION> 722664 <TOTAL-ASSETS> 694361 <CURRENT-LIABILITIES> 1605806 <BONDS> 0 <COMMON> 5692571 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1567243 <TOTAL-LIABILITY-AND-EQUITY> 694361 <SALES> 50553 <TOTAL-REVENUES> 51300 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 103204 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 53563 <INCOME-PRETAX> (105467) <INCOME-TAX> 0 <INCOME-CONTINUING> (105467) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (105467) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)