<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PINNACLE OIL
INTERNATIONAL INC.'S CONSOLIDATED BALANCE SHEET AT MARCH 31, 1999, AND PINNACLE
OIL INTERNATIONAL INC.'S CONSOLIDATED STATEMENT OF LOSS FOR THE THREE-MONTH
PERIOD ENDED MARCH 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<CASH>                                       4,410,835
<SECURITIES>                                         0
<RECEIVABLES>                                  126,577
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,653,453
<PP&E>                                         733,637
<DEPRECIATION>                                 133,357
<TOTAL-ASSETS>                               5,288,240
<CURRENT-LIABILITIES>                          139,822
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        800
<COMMON>                                        12,432
<OTHER-SE>                                   5,148,149
<TOTAL-LIABILITY-AND-EQUITY>                 5,288,240
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                (355,864)
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              (355,864)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (355,864)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (287,288)
<EPS-PRIMARY>                                   (0.02)
<EPS-DILUTED>                                   (0.02)