<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONDENSED BALANCE SHEETS AND SUMMARY OF OPERATION OF AER ENERGY RESOURCES, INC.
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FOR 10-Q FOR THE SIX
MONTHS PERIOD ENDED JUNE 30, 1998.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                       6,749,818
<SECURITIES>                                         0
<RECEIVABLES>                                      788
<ALLOWANCES>                                         0
<INVENTORY>                                    245,510
<CURRENT-ASSETS>                             7,081,713
<PP&E>                                       3,955,595
<DEPRECIATION>                               2,774,813
<TOTAL-ASSETS>                               8,279,336
<CURRENT-LIABILITIES>                          318,484
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    66,593,140
<OTHER-SE>                                 (58,634,730)
<TOTAL-LIABILITY-AND-EQUITY>                 8,279,336
<SALES>                                          1,636
<TOTAL-REVENUES>                                 1,636
<CGS>                                            1,405
<TOTAL-COSTS>                                    1,405
<OTHER-EXPENSES>                             3,908,719
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                             (3,670,432)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                         (3,670,432)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                (3,670,432)
<EPS-PRIMARY>                                     (.15)
<EPS-DILUTED>                                        0