Exhibit 23.2










INDEPENDENT AUDITORS' CONSENT



We consent to the  incorporation  by Reference  in  Registration  Statement  No.
333-34105  of Hallwood  Consolidated  Resources  Corporation  on Form S-8 of our
report dated February 27, 1998,  appearing in this Annual Report on Form 10-K of
Hallwood  Consolidated  Resources  Corporation  for the year ended  December 31,
1997.



DELOITTE & TOUCHE LLP

Denver, Colorado
February 27, 1998