<ARTICLE> 5 <LEGEND> THIS AMENDED SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF OAKRIDGE ENERGY, INC. AS OF AND FOR THE PERIOD ENDED MAY 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> FEB-28-1999 <PERIOD-END> MAY-31-1998 <CASH> 155,936 <SECURITIES> 1,358,009 <RECEIVABLES> 3,300,958 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 5,008,629 <PP&E> 18,537,581 <DEPRECIATION> 12,458,179 <TOTAL-ASSETS> 12,529,710 <CURRENT-LIABILITIES> 840,775 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 406,312 <OTHER-SE> 10,733,089 <TOTAL-LIABILITY-AND-EQUITY> 12,529,710 <SALES> 433,836 <TOTAL-REVENUES> 433,836 <CGS> 431,161 <TOTAL-COSTS> 573,181 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,308,332 <INCOME-TAX> 437,885 <INCOME-CONTINUING> 870,447 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 870,447 <EPS-PRIMARY> 0.18 <EPS-DILUTED> 0.18