<ARTICLE> 5
<LEGEND>
THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM AMERICAN ENERGY GROUP AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                         454,390
<SECURITIES>                                       180
<RECEIVABLES>                                  186,570
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               651,603
<PP&E>                                      24,415,996
<DEPRECIATION>                                 343,569
<TOTAL-ASSETS>                              24,729,130
<CURRENT-LIABILITIES>                        1,756,352
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                         42
<COMMON>                                        34,929
<OTHER-SE>                                  21,832,819
<TOTAL-LIABILITY-AND-EQUITY>                24,729,130
<SALES>                                        507,965
<TOTAL-REVENUES>                               508,190
<CGS>                                          163,085
<TOTAL-COSTS>                                  289,910
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               1,962
<INCOME-PRETAX>                                216,318
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            216,318
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   216,318
<EPS-BASIC>                                       .006
<EPS-DILUTED>                                     .006