<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND> The following schedule contains summary financial information which
has been extracted from the financial statements of Australian-Canadian Oil
Royalties LTD.s for the quarterly financial statements filed on Form 10QSB for
the period presented.  These summary schedules are qualified in their entirety
by reference to such financial statements and the notes thereto.
</LEGEND>

<CIK> 0001061288
<NAME> AUSTRALIAN-CANADIAN OIL ROYALTIES


<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999             DEC-31-1998
<PERIOD-END>                               MAR-31-1999             MAR-31-1998
<CASH>                                         258,892                       0
<SECURITIES>                                         0                       0
<RECEIVABLES>                                    1,624                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                               262,481                       0
<PP&E>                                         307,976                       0
<DEPRECIATION>                                 (2,300)                       0
<TOTAL-ASSETS>                                 571,856                       0
<CURRENT-LIABILITIES>                            1,835                       0
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                       602,448                       0
<OTHER-SE>                                    (32,427)                       0
<TOTAL-LIABILITY-AND-EQUITY>                   571,856                       0
<SALES>                                          1,194                   1,553
<TOTAL-REVENUES>                                 1,194                   1,553
<CGS>                                              239                     233
<TOTAL-COSTS>                                      239                     233
<OTHER-EXPENSES>                                 2,558                   9,490
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                                  (726)                 (8,170)
<INCOME-TAX>                                     (358)                   (468)
<INCOME-CONTINUING>                            (1,084)                 (8,638)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   (1,084)                 (8,638)
<EPS-BASIC>                                        0                       0
<EPS-DILUTED>                                        0                       0


</TABLE>