<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Oil City Petroleum, Inc.'s third quarter 10-Q dated May 31, 1996, and is qualified in its entirety by reference to such financial statement. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> AUG-31-1996 <PERIOD-END> MAY-31-1996 <CASH> 27264 <SECURITIES> 0 <RECEIVABLES> 11714 <ALLOWANCES> 0 <INVENTORY> 3315 <CURRENT-ASSETS> 44514 <PP&E> 1355818 <DEPRECIATION> 708245 <TOTAL-ASSETS> 692087 <CURRENT-LIABILITIES> 1437536 <BONDS> 0 <COMMON> 5692571 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1567243 <TOTAL-LIABILITY-AND-EQUITY> 692087 <SALES> 60198 <TOTAL-REVENUES> 61084 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 156854 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 75780 <INCOME-PRETAX> (171550) <INCOME-TAX> 0 <INCOME-CONTINUING> (171550) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (171550) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)