<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE CRESTED CORP.
FORM 10-K FOR THE YEAR ENDED MAY 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000025657
<NAME> CRESTED CORP.

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1999
<PERIOD-START>                             JUN-01-1998
<PERIOD-END>                               MAY-31-1999
<CASH>                                       3,509,000
<SECURITIES>                                         0
<RECEIVABLES>                                1,949,100
<ALLOWANCES>                                   (1,600)
<INVENTORY>                                     34,200
<CURRENT-ASSETS>                             5,605,700
<PP&E>                                       5,951,800
<DEPRECIATION>                               3,437,400
<TOTAL-ASSETS>                               8,415,000
<CURRENT-LIABILITIES>                        9,451,000
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        10,300
<OTHER-SE>                                 (1,832,800)
<TOTAL-LIABILITY-AND-EQUITY>                 8,415,000
<SALES>                                        768,200
<TOTAL-REVENUES>                             4,416,600
<CGS>                                                0
<TOTAL-COSTS>                                2,083,000
<OTHER-EXPENSES>                             4,267,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              18,300
<INCOME-PRETAX>                            (1,951,700)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                        (1,951,700)
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<EPS-BASIC>                                     (0.19)
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