<ARTICLE>                     5
<LEGEND>
     This schedule  contains summary  financial  information  extracted from the
audited financial  statements of Environmental  Remediation  Holding Corporation
for  September  30, 1998 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>                   YEAR
<FISCAL-YEAR-END>                              SEP-30-1998
<PERIOD-START>                                 OCT-01-1997
<PERIOD-END>                                   SEP-30-1998
<EXCHANGE-RATE>                                1
<CASH>                                         55,185
<SECURITIES>                                   0
<RECEIVABLES>                                  193,736
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               504,980
<PP&E>                                         7,675,288
<DEPRECIATION>                                 1,020,626
<TOTAL-ASSETS>                                 11,691,218
<CURRENT-LIABILITIES>                          5,337,318
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       2,600
<OTHER-SE>                                     (2,733,509)
<TOTAL-LIABILITY-AND-EQUITY>                   11,691,218
<SALES>                                        99,278
<TOTAL-REVENUES>                               99,278
<CGS>                                          0
<TOTAL-COSTS>                                  11,681,706
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             2,480,191
<INCOME-PRETAX>                                (11,582,428)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (11,582,428)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (11,582,428)
<EPS-PRIMARY>                                  (0.46)
<EPS-DILUTED>                                  (0.46)