<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information  extracted from Oil City
Petroleum, Inc.'s first quarter 10-Q dated November 30, 1996, and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          AUG-31-1997
<PERIOD-END>                               NOV-30-1996
<CASH>                                           30442
<SECURITIES>                                         0
<RECEIVABLES>                                    14665
<ALLOWANCES>                                         0
<INVENTORY>                                       4992
<CURRENT-ASSETS>                                 55073
<PP&E>                                         1363064
<DEPRECIATION>                                  717690
<TOTAL-ASSETS>                                  700447
<CURRENT-LIABILITIES>                          1557952
<BONDS>                                              0
<COMMON>                                       5692571
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     1567243
<TOTAL-LIABILITY-AND-EQUITY>                    700447
<SALES>                                          26146
<TOTAL-REVENUES>                                 26470
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 54496
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               26503
<INCOME-PRETAX>                                (54529)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (54529)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (54529)
<EPS-PRIMARY>                                    (.01)
<EPS-DILUTED>                                    (.01)