<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated balance sheets and consolidated statement of operations found
on
pages 2 and 4 of the Company's Form 10-QSB for the year-to-date, and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000788965
<NAME> HALLADOR PETROLEUM COMPANY
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1996
<CASH>                                           3,742
<SECURITIES>                                         0
<RECEIVABLES>                                      711
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 4,453
<PP&E>                                          39,645
<DEPRECIATION>                                  32,259
<TOTAL-ASSETS>                                  11,999
<CURRENT-LIABILITIES>                              925
<BONDS>                                          6,084
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           710
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                    11,999
<SALES>                                              0
<TOTAL-REVENUES>                                 1,266
<CGS>                                                0
<TOTAL-COSTS>                                    1,114
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 157
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       152
<EPS-PRIMARY>                                        0<F1>
<EPS-DILUTED>                                        0<F1>
<FN>
<F1>Per share amounts are not meaningful.
</FN>