<ARTICLE>                     5
<LEGEND>
This  schedule  contains  summary  financial   information  extracted  from  the
financial  statements  of  Environmental  Remediation  Holding  Corporation  for
December  31,  1997  and is  qualified  in its  entirety  by  reference  to such
financial statements.
</LEGEND>
<CIK>                         0000799235
<NAME>                        Environmental Remediation Holding Corporation
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. Dollars
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                              SEP-30-1998
<PERIOD-START>                                 OCT-01-1997
<PERIOD-END>                                   DEC-31-1997
<EXCHANGE-RATE>                                1
<CASH>                                         797,102
<SECURITIES>                                   0
<RECEIVABLES>                                  447,231
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               1,244,333
<PP&E>                                         7,709,617
<DEPRECIATION>                                 625,221
<TOTAL-ASSETS>                                 10,337,329
<CURRENT-LIABILITIES>                          2,360,727
<BONDS>                                        3,410,342
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       2,322
<OTHER-SE>                                     3,061,938
<TOTAL-LIABILITY-AND-EQUITY>                   10,337,329
<SALES>                                        242,997
<TOTAL-REVENUES>                               242,997
<CGS>                                          0
<TOTAL-COSTS>                                  1,714,287
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             702,004
<INCOME-PRETAX>                                (2,416,294)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (2,416,294)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (2,416,294)
<EPS-PRIMARY>                                  (0.10)
<EPS-DILUTED>                                  (0.10)