<ARTICLE> 5 <CIK> 0000943548 <NAME> QUEEN SANDS RESOURCES, INC. <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-START> JUL-01-1998 <PERIOD-END> DEC-31-1998 <CASH> 3,039,000 <SECURITIES> 0 <RECEIVABLES> 5,436,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,475,000 <PP&E> 107,966,000 <DEPRECIATION> 0 <TOTAL-ASSETS> 128,501,000 <CURRENT-LIABILITIES> 10,203,000 <BONDS> 136,294,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 96,000 <COMMON> 62,000 <OTHER-SE> (18,154,000) <TOTAL-LIABILITY-AND-EQUITY> 128,501,000 <SALES> 2,748,000 <TOTAL-REVENUES> 14,329,000 <CGS> 1,853,000 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9,088,000 <INCOME-PRETAX> (39,952,000) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (39,952,000) <EPS-PRIMARY> (1.32) <EPS-DILUTED> 0