<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)