<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) THE
EXPLORATION COMPANY AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31,
1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) THE EXPLORATION
COMPANY FORM 10-K FOR THE YEAR ENDED AUGUST 31, 1995
</LEGEND>
<CIK> 0000313395
<NAME> THE EXPLORATION COMPANY
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> AUG-31-1995
<CASH> 85,918
<SECURITIES> 0
<RECEIVABLES> 355,947
<ALLOWANCES> 9,973
<INVENTORY> 103,956
<CURRENT-ASSETS> 1,199,090
<PP&E> 3,321,841
<DEPRECIATION> 413,152
<TOTAL-ASSETS> 4,592,892
<CURRENT-LIABILITIES> 865,296
<BONDS> 2,349,849
<COMMON> 55,280
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<OTHER-SE> 1,322,437
<TOTAL-LIABILITY-AND-EQUITY> 4,592,892
<SALES> 1,104,604
<TOTAL-REVENUES> 1,104,604
<CGS> 1,454,203
<TOTAL-COSTS> 3,047,835
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 223,232
<INCOME-PRETAX> (2,153,365)
<INCOME-TAX> 0
<INCOME-CONTINUING> (2,153,365)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,153,365)
<EPS-PRIMARY> (0.44)
<EPS-DILUTED> 0