<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AER ENERGY
RESOURCES, INC.'S FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31,
1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               DEC-31-1999
<CASH>                                       1,761,268
<SECURITIES>                                         0
<RECEIVABLES>                                   31,070
<ALLOWANCES>                                         0
<INVENTORY>                                     82,198
<CURRENT-ASSETS>                             1,957,891
<PP&E>                                       3,624,558
<DEPRECIATION>                               3,012,647
<TOTAL-ASSETS>                               2,580,993
<CURRENT-LIABILITIES>                          693,706
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    66,580,384
<OTHER-SE>                                 (64,980,597)
<TOTAL-LIABILITY-AND-EQUITY>                 2,580,993
<SALES>                                              0
<TOTAL-REVENUES>                             1,946,970
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             5,592,355
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                             (3,486,829)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         (3,486,829)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (3,486,829)
<EPS-BASIC>                                      (0.14)
<EPS-DILUTED>                                    (0.14)