-  15  -

                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549
                                    FORM 10-Q


[X]  QUARTERLY  REPORT  PURSUANT  TO  SECTION  13  OR  15(D)  OF  THE SECURITIES
     EXCHANGE  ACT  OF  1934  FOR  THE QUARTERLY PERIOD ENDED MARCH 31, 1999.
                                       or
[ ]  TRANSITION  REPORT  PURSUANT  TO  SECTION  13  OR  15(D) OF THE SECURITIES
     EXCHANGE  ACT OF 1934 FOR THE TRANSITION PERIOD FROM ___-____ TO __-_____.

                      Commission file number: 333-29001-01


                          ENERGY CORPORATION OF AMERICA
             (Exact name of registrant as specified in its charter)



                            WEST VIRGINIA  84-1235822
         (State or other jurisdiction of incorporation or organization)
                        (IRS Employer Identification No.)
                      4643 SOUTH ULSTER STREET, SUITE 1100
                             DENVER, COLORADO 80237
              (Address of principal executive offices and zip code)
                                 (303) 694-2667
              (Registrant's telephone number, including area code)



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
    the preceding 12 months (or for such shorter period that the registrant was
      required to file such reports) and (2) has been subject to such filing
                       requirements for the past 90 days.
                                   Yes  No ___

    The number of shares of the Registrant's common stock, par value $1.00 per
            share, outstanding at March 31, 1999 was 659,528 shares.

                                      - 1 -
<PAGE>

<TABLE>
<CAPTION>
                          ENERGY CORPORATION OF AMERICA
                                TABLE OF CONTENTS

<S>                                                                      <C>
                                                                        PAGES
PART I  FINANCIAL INFORMATION
Item 1. Financial Statements
Condensed Consolidated Balance Sheets
   March 31, 1999 (unaudited) and June 30, 1998 . . . . . . . . . . . .   3
Unaudited Condensed Consolidated Statements of Operations
   For the three and nine months ended March 31, 1999 and 1998. . . . .   5
Unaudited Condensed Consolidated Statements of Cash Flows
   For the nine months ended March 31, 1999 and 1998. . . . . . . . . .   6

Notes to Unaudited Condensed Consolidated Financial Statements. . . . .   7

Item 2. Management's Discussion and Analysis of Financial Condition and
Results of Operation. . . . . . . . . . . . . . . . . . . . . . . . . .   9

PART II  OTHER INFORMATION
Item 1. Legal Proceedings . . . . . . . . . . . . . . . . . . . . . . .  14

Item 2. Changes in Securities . . . . . . . . . . . . . . . . . . . . .  14

Item 3. Defaults Upon Senior Securities . . . . . . . . . . . . . . . .  14

Item 4. Submission of Matters to a Vote of Security Holders . . . . . .  14

Item 5. Other Information . . . . . . . . . . . . . . . . . . . . . . .  14

Item 6. Exhibits and Reports on Form 8-K. . . . . . . . . . . . . . . .  14

Signatures. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  15

Exhibit Index . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  16
</TABLE>

                                      - 2 -
<PAGE>
PART  I  FINANCIAL  INFORMATION
ITEM  1.  FINANCIAL  STATEMENTS

<TABLE>
<CAPTION>

ENERGY  CORPORATION  OF  AMERICA
CONDENSED  CONSOLIDATED  BALANCE  SHEETS
(AMOUNTS  IN  THOUSANDS)
----------------------------------------
<S>                                                         <C>           <C>
                                                              MARCH 31      JUNE 30
                                                                1999         1998
                                                             (UNAUDITED)       *
 ASSETS

 CURRENT ASSETS
    Cash and cash equivalents. . . . . . . . . . . . . . .  $      3,316  $ 21,547
    Accounts receivable, net of allowance for doubtful
       accounts of $1,253 and $1,281 . . . . . . . . . . .        55,261    32,827
    Gas in storage, at average cost. . . . . . . . . . . .           164    13,249
    Income tax receivable                                                    4,310
    Prepaid and other current assets . . . . . . . . . . .         8,455     5,840
                                                            ------------  --------
       Total current assets. . . . . . . . . . . . . . . .        67,196    77,773
                                                            ------------  --------

 Property, plant and equipment, net of accumulated
    depreciation and depletion of $121,218 and $105,350. .       324,115   318,547
                                                            ------------  --------

 OTHER ASSETS
    Deferred financing costs, net of accumulated
       amortization of $1,813 and $1,046 . . . . . . . . .         8,778     9,545
    Notes receivable, less allowance for doubtful accounts
       of $400 . . . . . . . . . . . . . . . . . . . . . .         3,884     5,618
    Deferred utility charges . . . . . . . . . . . . . . .        17,964    18,233
    Other. . . . . . . . . . . . . . . . . . . . . . . . .        11,006    10,229
                                                            ------------  --------
       Total other assets. . . . . . . . . . . . . . . . .        41,632    43,625
                                                            ------------  --------

 TOTAL . . . . . . . . . . . . . . . . . . . . . . . . . .  $    432,943  $439,945
                                                            ============  ========
<FN>
*   Condensed  from  audited  financial  statements.
</TABLE>

The  accompanying  notes  are  an integral part of these condensed consolidated
financial  statements.

                                      - 3 -
<PAGE>

<TABLE>
<CAPTION>

ENERGY  CORPORATION  OF  AMERICA
CONDENSED  CONSOLIDATED  BALANCE  SHEETS
(AMOUNTS  IN  THOUSANDS)
----------------------------------------
<S>                                                          <C>           <C>
                                                               MARCH 31      JUNE 30
                                                                 1999         1998 
                                                              (UNAUDITED)       * 
 LIABILITIES AND STOCKHOLDERS' EQUITY

 CURRENT LIABILITIES
    Accounts payable. . . . . . . . . . . . . . . . . . . .  $    29,084   $ 38,883 
    Current portion of long-term debt . . . . . . . . . . .          622        581 
    Short-term debt . . . . . . . . . . . . . . . . . . . .       30,958     19,174 
    Funds held for future distribution. . . . . . . . . . .        4,846      5,716 
    Accrued taxes, other than income. . . . . . . . . . . .       10,089      8,472 
    Overrecovered gas costs . . . . . . . . . . . . . . . .        4,463      6,485 
    Other current liabilities . . . . . . . . . . . . . . .        9,643     13,758 
                                                             ------------  ---------
       Total current liabilities. . . . . . . . . . . . . .       89,705     93,069 
 LONG-TERM OBLIGATIONS
    Long-term debt. . . . . . . . . . . . . . . . . . . . .      261,028    261,507 
    Gas delivery obligation and deferred trust revenue. . .       14,397     16,127 
    Deferred income tax liability . . . . . . . . . . . . .       27,082     24,551 
    Other long-term obligation. . . . . . . . . . . . . . .       10,033     12,838 
                                                             ------------  ---------
       Total liabilities. . . . . . . . . . . . . . . . . .      402,245    408,092 
                                                             ------------  ---------

 COMMITMENTS AND CONTINGENCIES
 MINORITY INTEREST. . . . . . . . . . . . . . . . . . . . .            -      1,883 

 STOCKHOLDERS' EQUITY
    Common stock, par value $1.00; 2,000,000 shares
       authorized; 721,000 and 720,000 shares issued. . . .          721        720 
    Class A stock, no par value; 100,000 shares authorized;
       26,000 and 0 shares issued . . . . . . . . . . . . .        2,941          - 
    Additional paid in capital. . . . . . . . . . . . . . .        4,641      4,510 
    Retained earnings . . . . . . . . . . . . . . . . . . .       28,290     29,132 
    Treasury stock and notes receivable arising from the
       issuance of common stock . . . . . . . . . . . . . .       (5,861)    (4,082)
    Other . . . . . . . . . . . . . . . . . . . . . . . . .          (34)      (310)
                                                             ------------  ---------
       Total Stockholders' equity . . . . . . . . . . . . .       30,698     29,970 
                                                             ------------  ---------

 TOTAL. . . . . . . . . . . . . . . . . . . . . . . . . . .  $   432,943   $439,945 
                                                             ============  =========
<FN>

*   Condensed  from  audited  financial  statements.
</TABLE>

The  accompanying  notes  are  an integral part of these condensed consolidated
financial  statements.

                                      - 4 -
<PAGE>

<TABLE>
<CAPTION>

 ENERGY  CORPORATION  OF  AMERICA
 CONDENSED  CONSOLIDATED  STATEMENTS  OF  OPERATIONS
 (UNAUDITED  -  AMOUNTS  IN  THOUSANDS,  EXCEPT  PER  SHARE  DATA)
------------------------------------------------------------------

                                                         FOR THE THREE        FOR THE NINE
                                                         MONTHS ENDED         MONTHS ENDED
                                                          MARCH 31,             MARCH 31,
<S>                                                   <C>       <C>       <C>        <C>
                                                        1999       1998      1999       1998 
 REVENUES:
    Utility gas sales and transportation . . . . . .  $70,640   $ 64,642  $137,674   $136,510 
    Gas marketing and pipeline sales . . . . . . . .   21,235     30,685    77,679    112,470 
    Oil and gas sales. . . . . . . . . . . . . . . .    4,594      5,870    16,250     18,732 
    Well operations and service revenues . . . . . .    1,636      1,501     5,226      5,087 
    Other revenue. . . . . . . . . . . . . . . . . .      201     11,652     1,021     13,081 
                                                      --------  --------  ---------  ---------
                                                       98,306    114,350   237,850    285,880 
                                                      --------  --------  ---------  ---------
 COST AND EXPENSES:
    Utility gas purchased. . . . . . . . . . . . . .   33,421     33,432    66,162     73,918 
    Gas marketing and pipeline cost. . . . . . . . .   20,029     29,897    74,458    113,128 
    Field operating expenses . . . . . . . . . . . .    2,318      2,298     7,103      7,243 
    Utility operations and maintenance . . . . . . .    5,853      5,530    16,431     15,717 
    General and administrative . . . . . . . . . . .    7,209      6,840    18,652     17,563 
    Taxes, other than income . . . . . . . . . . . .    5,723      5,637    12,421     13,008 
    Depletion and depreciation, oil and gas related.    2,079      2,000     6,399      6,123 
    Depreciation of pipelines and equipment. . . . .    5,024      4,564    11,012      9,434 
    Exploration and impairment . . . . . . . . . . .    2,326        629     5,221      2,142 
                                                      --------  --------  ---------  ---------
                                                       83,982     90,827   217,859    258,276 
                                                      --------  --------  ---------  ---------
    Income from operations . . . . . . . . . . . . .   14,324     23,523    19,991     27,604 
                                                      --------  --------  ---------  ---------
 OTHER (INCOME) EXPENSE
    Interest . . . . . . . . . . . . . . . . . . . .    6,668      6,545    20,078     19,880 
    Gain on sale of assets . . . . . . . . . . . . .       17      1,164    (1,080)     1,144 
    Other. . . . . . . . . . . . . . . . . . . . . .      (42)        77      (888)      (841)
                                                      --------  --------  ---------  ---------
 Income before income taxes and
    minority interest. . . . . . . . . . . . . . . .    7,681     15,737     1,881      7,421 
 Provision for income taxes. . . . . . . . . . . . .    3,394      5,919     2,069      2,774 
                                                      --------  --------  ---------  ---------
 Income (loss) before minority interest. . . . . . .    4,287      9,818      (188)     4,647 
 Minority interest . . . . . . . . . . . . . . . . .        -        366         7        398 
                                                      --------  --------  ---------  ---------
 NET INCOME (LOSS) . . . . . . . . . . . . . . . . .  $ 4,287   $  9,452  $   (195)  $  4,249 
                                                      ========  ========  =========  =========

 Net income (loss) per common share,
    Basic. . . . . . . . . . . . . . . . . . . . . .  $  6.50   $  14.19  $  (0.30)  $   6.39 
    Assuming dilution. . . . . . . . . . . . . . . .  $  6.44   $  14.19  $  (0.30)  $   6.39 
</TABLE>

The  accompanying  notes  are  an integral part of these condensed consolidated
financial  statements.

                                      - 5 -
<PAGE>

<TABLE>
<CAPTION>

ENERGY  CORPORATION  OF  AMERICA
CONDENSED  CONSOLIDATED  STATEMENTS  OF  CASH  FLOWS
(UNAUDITED  -  AMOUNTS  IN  THOUSANDS)
----------------------------------------------------

                                                            FOR THE NINE MONTHS ENDED
                                                                    MARCH 31,
<S>                                                          <C>        <C>
                                                                 1999       1998 
 CASH FLOWS FROM OPERATING ACTIVITIES
    Net income (loss) . . . . . . . . . . . . . . . . . . .  $   (195)  $  4,249 
    Adjustment to reconcile net loss to net cash provided
    by operating activities:
       Minority interest. . . . . . . . . . . . . . . . . .         7        398 
       Depletion, depreciation and amortization . . . . . .    18,010     16,144 
       Gain on sale of assets . . . . . . . . . . . . . . .    (1,081)     1,144 
       Exploration and impairment . . . . . . . . . . . . .     4,811      1,999 
       Other, net . . . . . . . . . . . . . . . . . . . . .    (3,895)    (7,290)
                                                             ---------  ---------
                                                               17,657     16,644 
    Changes in assets and liabilities
       Accounts receivable. . . . . . . . . . . . . . . . .   (19,401)   (12,259)
       Gas in storage . . . . . . . . . . . . . . . . . . .    13,085      7,642 
       Prepaid and other assets . . . . . . . . . . . . . .     3,283     11,647 
       Accounts payable . . . . . . . . . . . . . . . . . .   (10,117)     3,335 
       Funds held for future distributions. . . . . . . . .      (870)       286 
       Overrecovered gas costs. . . . . . . . . . . . . . .    (2,022)    (2,189)
       Other. . . . . . . . . . . . . . . . . . . . . . . .    (5,992)   (14,139)
                                                             ---------  ---------
          Net cash (used) provided by operating activities.    (4,377)    10,967 
                                                             ---------  ---------
 CASH FLOWS FROM INVESTING ACTIVITIES
    Expenditures for property, plant and equipment. . . . .   (28,712)   (24,989)
    Proceeds from sale of assets. . . . . . . . . . . . . .     4,101        513 
    Notes receivable and other. . . . . . . . . . . . . . .       976        189 
                                                             ---------  ---------
          Net cash used by investing activities . . . . . .   (23,635)   (24,287)
                                                             ---------  ---------
 CASH FLOWS FROM FINANCING ACTIVITIES
    Proceeds from long-term debt. . . . . . . . . . . . . .     2,500          - 
    Principal payment on long-term debt . . . . . . . . . .    (2,939)       (37)
    Short-term borrowings, net. . . . . . . . . . . . . . .    11,784      6,754 
    Purchase of treasury stock. . . . . . . . . . . . . . .      (773)      (523)
    Dividends . . . . . . . . . . . . . . . . . . . . . . .      (960)      (512)
    Other financing and equity transactions . . . . . . . .       169       (723)
                                                             ---------  ---------
          Net cash provided by financing activities . . . .     9,781      4,959 
                                                             ---------  ---------
          Net decrease in cash and cash equivalents . . . .   (18,231)    (8,361)
          Cash and cash equivalents, beginning of period. .    21,547     20,816 
                                                             ---------  ---------
 Cash and cash equivalents, end of period . . . . . . . . .  $  3,316   $ 12,455 
                                                             =========  =========
</TABLE>

The  accompanying  notes  are  an integral part of these condensed consolidated
financial  statements.

                                      - 6 -
<PAGE>

                         ENERGY CORPORATION OF AMERICA
         NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                 MARCH 31, 1999


1.     Nature  of  Organization

Energy  Corporation of America (the "Company) was formed in June 1993 through an
exchange  of  shares  with  the  common  stockholders of Eastern American Energy
Corporation.  The  Company  is  an  independent  integrated energy company that,
through  its  subsidiaries,  is  primarily  engaged  in  operating a natural gas
distribution  system  in the Mid-Atlantic area and oil and gas operations in the
Rocky  Mountain  and  Appalachian  Basins.  The  Company  also is engaged in the
exploration  and  production of oil and natural gas in other parts of the United
States  and  New  Zealand.  All  references  to  the  "Company"  include  Energy
Corporation  of  America  and  its  consolidated  subsidiaries.

2.     Accounting  Policies

Reference  is  hereby made to the Company's Annual Report on Form 10-K for 1998,
which contains a summary of major accounting policies followed in preparation of
its  consolidated  financial  statements.  These  policies were also followed in
preparing  the  quarterly  report  included  herein.

Management  of  the  Company  believes  that all adjustments (consisting of only
normal  recurring  accruals) necessary for a fair presentation of the results of
such  interim  periods,  included  herein,  have  been  made.  The  results  of
operations  for  the  nine  months  ended  March  31,  l999  are not necessarily
indicative  of  the  results  to  be  expected  for  the  full  year.

3.     Issuance  of  Class  A  Stock

In  August  1998,  the Company amended its articles of incorporation authorizing
the  issuance  of  up to 100,000 shares of Class A non-voting common stock.  The
Company  then offered to exchange its new Class A common stock for the remaining
outstanding  Class  A  stock  of  its  subsidiaries, owned by certain employees,
officers  and directors.  The minority interest carrying value prior to exchange
(reflecting the subsidiaries Class A shares) was utilized to record the issuance
of  the  Company's  new  Class  A  common  shares.

4.     Recently  Issued  Accounting  Pronouncements

In  June  1997,  the  Financial  Accounting  Standards Board issued Statement of
Financial  Accounting  Standards No. 130 "Reporting Comprehensive Income" ("SFAS
130").  SFAS  130  established  standards  for  reporting  and  display  of
comprehensive  income and its components (revenues, expenses, gains, and losses)
in  a  full set of general-purpose financial statements.  SFAS 130 requires that
all  items  that  are  required  to  be recognized under accounting standards as
components  of comprehensive income be reported in a financial statement that is
displayed  with  the same prominence as other financial statements.  The Company
adopted  SFAS  130  on  July  1,  1998.  The  Company's  components  of  other
comprehensive  income  for  the  nine  months ended March 31, 1999 and 1998 were
nominal.

                                      - 7 -
<PAGE>

5.     Earnings  per  Share

Basic  earnings  per  share  is  computed by dividing net earnings available for
common  stockholders by the weighted average number of common shares outstanding
for  the  year.  Diluted  earnings per share reflect the potential dilution that
could  occur if options to issue common stock were exercised.  Dilutive earnings
per  share  are computed based upon the weighted average number of common shares
and  dilutive  common  equivalent  shares  outstanding.

A reconciliation of the numerators and denominators of the basic and diluted per
share  computations  for  income  from  continuing  operations  is  as  follows:

<TABLE>
<CAPTION>

<S>                             <C>           <C>            <C>         <C>           <C>            <C>
                                   Income        Shares      Per Share       Income        Shares     Per Share
                                 (Numerator)  (Denominator)    Amount     (Numerator)  (Denominator)    Amount
                                ------------  -------------  ----------  ------------  -------------  -----------
                                       For the Three Month Ended                  For the Nine Months Ended
 March 31, 1999:
 Income (loss) available to
    common shareholders. . . .  $  4,287,000        683,350  $     6.27  $  (195,000)       672,121   $    (0.29)
                                                             ==========                               ===========
 Effect of dilutive options                           6,792                                   6,792 
 Eliminate antidilutive effect             -              -                        -         (6,792)
                                ------------  -------------              ------------  -------------             
 Income (loss) available to
    common shareholders
    plus assumed conversion. .  $  4,287,000        690,142  $     6.21  $  (195,000)       672,121   $    (0.29)
                                ============  =============  ==========  ============  =============  ===========

 March 31, 1998:
 Income available to
    common shareholders. . . .  $  9,452,000        665,897  $    14.19  $ 4,249,000        665,064   $     6.39 
                                ============  =============  ==========  ============  =============  ===========
</TABLE>

6.     Contingencies

The  Company  is  involved  in  various  legal actions and claims arising in the
ordinary course of business.  Management does not expect these matters to have a
material  adverse  effect  on  the  Company's  financial  position.

                                      - 8 -
<PAGE>

ITEM  2.     MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OF FINANCIAL CONDITION AND
RESULTS  OF  OPERATIONS

     Management's  discussion and analysis of changes in the Company's financial
condition,  including  results of operations and liquidity and capital resources
during  the  three  and  nine  month  periods ended March 31, 1999 and 1998, are
presented  below.

COMPARISON  OF  RESULTS  OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 1999
AND  1998

     The  Company's  operating  income decreased from a gain of $23.5 million at
March  31,  1998  to  $14.3  million  at  March 31, 1999.  The Company's utility
operating  income increased $4.9 million from $12.5 million to $17.4 million for
the  quarters  ended  March  31, 1998 and 1999, respectively.  The Company's gas
marketing  and pipeline operating income improved from $0.8 million at March 31,
1998  to  $1.2  million  at March 31, 1999.  The Company's loss from oil and gas
operations,  net of the Contract Settlement discussed below, increased from $1.1
million  at  March  31,  1998  to $3.1 million at March 31, 1999, primarily as a
result  of  exploratory  expenditures.

     NET  INCOME.  The Company recorded net income of $4.3 million for the three
months ended March 31, 1999, compared to net income of $9.5 million for the same
period  in  1998.  The  decrease  in net income between the periods is primarily
attributable  to  a $16.0 million decrease in revenue partially offset by a $6.8
million  decrease  in  operating  costs  and  expenses.

     REVENUES.  Total  revenues  decreased  $16.0  million  or  14.0% during the
periods.  The decrease was due to a 30.8% decrease in gas marketing and pipeline
sales,  a  21.7%  decrease  in  oil  and gas sales and a 98.3% decrease in other
revenue,  partially  offset  by  a  9.3%  increase  in  utility  gas  sales  and
transportation.

     Revenues  from  gas marketing and pipeline sales decreased 30.8% from $30.7
million  during the quarter ended March 31, 1998 to $21.2 million in the quarter
ended March 31, 1999.  The decrease in marketing and pipeline sales was a result
of  a 23.8% decline in marketed gas volumes from 10.4 Bcfe for the quarter ended
March  31,  1998  to  7.9  Bcfe for the quarter ended March 31, 1999 and a 13.2%
decline  in  the  average sales price per mmbtu from $2.66 for the quarter ended
March  31,  1998  to $2.31 for the quarter ended March 31, 1999.  The decline in
volumes and average sales price was partially attributable to the termination of
a long-term supply contract effective June 30, 1998 as a result of the "Contract
Settlement",  as  discussed  in  Note  17  to the Company's audited Consolidated
Financial  Statements for the year ended June 30, 1998 filed with the Securities
and  Exchange  Commission  on September 28, 1998 as a part of the Company's Form
10-K.  For  the  quarter  ended  March 31, 1998, this contract accounted for 0.9
Bcfe  of  marketed  volumes  and $2.8 million of marketing sales.  There were no
sales  related  to  this  contract  for  the  quarter  ended  March  31,  1999.
Additionally, a marketing contract with the Company's utility expired on October
31,  1998  and  was  not  renewed.  For  the  quarter  ended March 31, 1998 this
contract  accounted  for  0.7  Bcfe  of  marketed  volumes  and  $1.6 million of
marketing  sales.  There  were no sales related to this contract for the quarter
ended  March  31,  1999.

     Revenues  from oil and gas sales decreased 21.7% from $5.9 million at March
31,  1998  to $4.6 million at March 31, 1999.  The decrease in oil and gas sales
was  primarily  attributable  to a 14.7% decrease in the average sales price per
barrel of oil from $13.26 for the quarter ended March 31, 1998 to $11.31 for the
quarter  ended  March  31,  1999, and an 18.0% decrease in the average gas sales
price  from $2.52 per mcf for the three months ended March 31, 1998 to $2.07 per
mcf  for the three months ended March 31, 1999.  Gas volumes increased 3.4% from
2.0  million mcf to 2.1 million mcf for the three months ended March 31, 1998 to
March  31,  1999.  For the same period, oil volumes decreased 31.5%, from 41,000
bbl  to  28,000  bbl primarily due to a steeper decline curve on certain fields.

                                      - 9 -
<PAGE>

     Revenues  from  utility  gas  sales  and transportation increased 9.3% from
$64.6  million  during  the quarter ended March 31, 1998 to $70.6 million in the
quarter  ended  March  31,  1999.  This  increase was caused primarily by colder
weather  conditions  in  the  service  areas  during the period and an increase,
effective  November  1,  1998, in the tariff sales rates.  For the quarter ended
March  31,  1999,  heating degree days were 2,557 compared to 2,221 the previous
year,  an increase of approximately 15%.  Total system throughput did not change
significantly  between  periods.  Sales  volumes  increased  0.6  Bcf,  while
transportation  volumes  decreased  0.8  Bcf.

     Other  revenue  decreased  98.3% from $11.7 million to $0.2 million for the
quarters  ended March 31, 1998 and 1999, respectively.  This decrease relates to
the  nonrecurring  Contract  Settlement,  discussed  above.

     COSTS  AND  EXPENSES.  The  Company's  costs  and  expenses  decreased $6.8
million  or  7.5%  during  this period primarily as the result of a $9.9 million
decline  in  gas  marketing purchased gas costs, which was partially offset by a
$0.4  million  increase  in  general and administrative expenses, a $0.5 million
increase in depreciation, depletion and amortization and a $1.7 million increase
in  impairment  and  exploratory  charges.

     The  33.0%  decline  in  gas  marketing  and  pipeline  costs was primarily
attributable  to a 23.8% decline in purchased gas volumes from 10.5 Bcfe for the
quarter ended March 31, 1998 to 8.0 Bcfe for the quarter ended March 31, 1999, a
13.2%  decrease in the average price paid for gas purchased from $2.60 per mmbtu
for  the  quarter  ended March 31, 1998 to $2.26 per mmbtu for the quarter ended
March  31,  1999,  and approximately $0.7 million of purchased gas costs charged
against  a  reserve  for  loss on future gas purchases primarily relating to the
Contract  Settlement,  discussed  above.

     The  5.4%  increase in general and administrative expenses is primarily due
to  increased  activities  at  the  corporate  level  during the current period.

     The  8.2% increase in depreciation, depletion and amortization is primarily
attributable  to  additions  in  utility  gas  plant  in  service.

     The 270.0% increase in impairment and exploratory costs is due to expensing
two  domestic  exploratory  dry holes and increased lease expirations during the
current  period.

     INTEREST  EXPENSE.  Interest  expense remained relatively unchanged between
the  three  months  ended  March  31,  1999  and  1998.

     OTHER  (INCOME)  EXPENSE.  Other nonoperating income increased $1.3 million
primarily  due to the recognition of losses related to the sale of several wells
for  contractual  purposes  during  the  prior  period.

     INCOME  TAX.  The  provision  for  income  taxes  decreased  $2.5  million
primarily  as  a  result  of decreased pretax income and a revised effective tax
rate.

COMPARISON OF RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED MARCH 31, 1999 AND
1998

     The  Company's  operating  income decreased from a gain of $27.6 million at
March  31,  1998  to  $20.0  million  at  March 31, 1999.  The Company's utility
operating income increased $10.9 million from $17.9 million to $28.8 million for
the  nine months ended March 31, 1998 and 1999, respectively.  The Company's gas
marketing  and pipeline operations improved from a loss of $0.7 million at March
31, 1998 to a gain of $3.2 million at March 31, 1999.  The Company's oil and gas
operating  income, net of the Contract Settlement, decreased from a gain of $2.9
million at March 31, 1998 to a loss of $4.7 million at March 31, 1999, primarily
as  a  result  of  exploratory  expenditures.

                                     - 10 -
<PAGE>

     NET  INCOME.  The  Company recorded a net loss of $0.2 million for the nine
months ended March 31, 1999, compared to net income of $4.2 million for the same
period  in  1998.  The change between the periods is primarily attributable to a
$48.0  million decrease in revenue, which is partially offset by a $40.4 million
decrease  in  operating  costs  and  expenses.

     REVENUES.  Total  revenues  decreased  $48.0  million  or  16.8% during the
periods.  The decrease was due to a 30.9% decrease in gas marketing and pipeline
sales,  a  13.3%  decrease  in  oil  and gas sales and a 92.2% decrease in other
revenue.

     Revenues  from gas marketing and pipeline sales decreased 30.9% from $112.5
million  during  the  nine  months ended March 31, 1998 to $77.7 million for the
nine  months ended March 31, 1999.  The decrease in marketing and pipeline sales
was  a  result of a 22.6% decline in marketed gas volumes from 38.8 Bcfe for the
nine  months  ended  March 31, 1998 to 29.9 Bcfe for the nine months ended March
31, 1999 and a 14.6% decline in the average sales price per mmbtu from $2.70 for
the  nine  months  ended March 31, 1998 to $2.31 for the nine months ended March
31,  1999.  The  decline  in  volumes  and  average  sales  price  was partially
attributable  to  the  termination of a long-term supply contract effective June
30,  1998  as a result of the Contract Settlement, as discussed previously.  For
the  nine  months  ended March 31, 1998, this contract accounted for 2.9 Bcfe of
marketed  volumes  and  $8.6  million  of  marketing sales.  There were no sales
related  to  this  contract  for  the  nine  months  ended  March  31,  1999.
Additionally, a marketing contract with the Company's utility expired on October
31,  1998  and  was  not renewed.  For the nine months ended March 31, 1998 this
contract  accounted  for  4.9  Bcfe  of  marketed  volumes  and $11.0 million of
marketing  sales.  For the nine months ended March 31, 1999, which included four
months  of  sales  under  this  contract,  it accounted for 3.4 Bcfe of marketed
volumes  and  $7.1  million  of  marketing  sales.

     Revenues from oil and gas sales decreased 13.3% from $18.7 million at March
31,  1998 to $16.3 million at March 31, 1999.  The decrease in oil and gas sales
was  primarily  attributable  to a 34.5% decrease in the average sales price per
barrel  of oil from $15.71 for the nine months ended March 31,1998 to $10.29 for
the  nine months ended March 31, 1999, and an 11.3% decline in the average sales
price  per  mcf  of  gas  from $2.55 for the nine months ended March 31, 1998 to
$2.26  for  the  nine  months  ended  March 31, 1999.  These price declines were
partially  offset  by an increase in oil and gas production over the nine months
ended  March  31, 1998 and 1999.  Oil volumes increased 4.2% from 101,000 bbl to
106,000  bbl  and gas volumes increased 3.2% from 6.5 million mcf to 6.7 million
mcf.

     Other  revenue  decreased  92.2% from $13.1 million to $1.0 million for the
nine  months ended March 31, 1998 and 1999, respectively.  This decrease relates
to  the  nonrecurring  Contract  Settlement,  discussed  above.

     COSTS  AND  EXPENSES.  The  Company's  costs  and  expenses decreased $40.4
million  or  15.7%  during this period primarily as the result of a $7.8 million
decline  in the cost of utility gas purchased and a $38.7 million decline in gas
marketing  purchased  gas  costs,  which  was partially offset by a $1.1 million
increase  in  general  and  administrative  expenses, a $1.9 million increase in
depreciation,  depletion  and amortization expenses, and a $3.1 million increase
in  impairment  and  exploratory  charges  in  the  current  period.

     The  10.5%  decline in the cost of utility gas purchased was due to reduced
pipeline  supplier  demand  charges  as  a  result  of  a  gas supply management
agreement  with  a  third  party  that  went  into  effect  on November 1, 1998.

                                     - 11 -
<PAGE>

     The  34.2%  decline  in  gas  marketing  and  pipeline  costs  is primarily
attributable  to a 22.7% decline in purchased gas volumes from 39.1 Bcfe for the
nine  months  ended  March 31, 1998 to 30.2 Bcfe for the nine months ended March
31,  1999,  a  16.0%  decrease  in the average price paid for gas purchased from
$2.72  per mmbtu for the nine months ended March 31, 1998 to $2.28 per mmbtu for
the  nine  months  ended  March  31,  1999,  and  approximately  $2.2 million of
purchased  gas  costs charged against a reserve for loss on future gas purchases
primarily  relating  to  the  Contract  Settlement  discussed previously.  These
decreases  were partially offset by an increase of $0.4 million of purchased gas
costs  for the nine months ended March 31, 1999 related to the operations of the
intrastate  pipeline  gathering  system  that  was  purchased  in  March  1998.

     General  and  administrative  expenses  increased  6.2% for the nine months
ended  March  31,  1998  to  1999  primarily  due to increased activities at the
corporate  level,  recognition  of  credits  which reduced expenses in the prior
period, and the inclusion of MAPCOM Systems, Inc. which was acquired in November
1997.

     Depreciation,  depletion  and  amortization costs increased 11.9% primarily
due to additions to the utility gas plant in service and corporate fixed assets.

     Impairment and exploratory costs increased 143.8% for the current period as
a  result of two exploratory dry holes in New Zealand, four domestic exploratory
dry  holes  and  increased  lease  expirations  during  the  current  period.

     INTEREST  EXPENSE.  Interest  expense remained relatively unchanged between
the  nine  months  ended  March  31,  1999  and  1998.

     OTHER  (INCOME)  EXPENSE.  Other nonoperating income increased $2.3 million
primarily  due to the recognition of losses related to the sale of several wells
for contractual purposes during the prior period combined with gains on the sale
of  properties  during  the  current  period.

     INCOME  TAX.  The  provision  for  income taxes decreased $0.7 million as a
result  of  decreased  pretax  income and a revised effective tax rate.  The tax
provision  is  greater  than  pretax  because  of non-deductible foreign losses.

     MINORITY  INTEREST.  Minority  interest  expense  decreased  $0.4  million
between  the  periods  ended  March 31, 1999 and 1998 due to the exchange of the
Company's  Class  A  stock  for  the  remaining outstanding Class A stock of its
subsidiaries  thereby  eliminating  minority  interest  shareholders.

LIQUIDITY  AND  CAPITAL  RESOURCES

     CASH  FLOWS.  Net  cash  provided  by  operating  activities  is  primarily
affected  by  oil and gas prices, seasonality, heating degree-days, utility rate
regulation,  marketing margins and the Company's success in drilling activities.
The Company's net decrease in cash flow from operations was $4.4 million for the
nine month period ended March 31, 1999.  The major cause of the decrease in cash
flow  from  operations  was  due to (i) the seasonality and warmer than expected
weather  related  to  the  Company's utility operations and (ii) low oil and gas
prices  and  lower  than  expected  marketing  margins.  The  Company  invested
approximately  $18.2  million  in  oil  and  gas  exploration  and  development
activities and $7.9 million in utility plant improvements.  The net cash used in
operations  and  capital  projects was funded primarily through cash on hand and
short-term  borrowings.  Although  no  dividends  were  declared  for  the third
quarter,  approximately $1 million was paid during the nine months on previously
declared  dividends.

                                     - 12 -
<PAGE>

     During the nine months ended March 31, 1999, the Company had a net decrease
in cash of $18.2 million.  Although the Company believes that the fourth quarter
cash flow from operations will be positive, the Company anticipates that overall
the  Company  will  experience  a  net cash decrease for fiscal 1999.  Moreover,
should  lower  oil  and  gas  prices,  marketing  margins and warmer than normal
weather  patterns  persist,  the  Company  believes  that operations and capital
commitments  may  continue to generate a net cash decrease, prior to borrowings,
into  the  next fiscal year.  Such conditions may, in future periods, negatively
impact  the Company's ability to satisfy certain debt covenants of the Company's
revolving  credit facility.  Although the Company expects oil and gas prices and
marketing  margins  to  improve  and  normal weather patterns to reoccur, in the
event  of  a  continuance  of  lower  than  expected  operating  results and the
potential  net  cash  decreases  resulting  therefrom,  the Company may elect to
increase  debt  levels, sell certain assets, defer certain discretionary capital
spending  and  exploration projects, consolidate certain operations, restructure
revolving  debt  agreements,  omit  dividends, or take other actions in order to
mitigate  any future net cash shortfalls and remedy any foreseeable or potential
debt  covenant  issues.  Although  there  can  be no assurance that the net cash
shortfall  will not continue, or that operating results will improve or that the
Company's  mitigating  efforts will be sufficient, the Company believes that its
existing credit facilities and the above mitigating factors should result in the
ability  of  the  Company  to  continue to fund operations and non-discretionary
capital  commitments.

     CREDIT  FACILITIES.  The  Company and its operating subsidiaries have (i) a
$50  million  secured,  revolving  credit  facility  under which no amounts were
outstanding  at  March  31, 1999 and $25 million was outstanding at May 17, 1999
and (ii) $68.0 million in unsecured, revolving bank lines of credit, under which
$30.9  million  was  outstanding  at  March  31,  1999.

     The  Company  has no scheduled significant long-term debt repayments within
the  next  twelve  months.

     OTHER  MATTERS.  The  Company  continues  to assess its computer systems to
identify issues it may have regarding the year 2000.  The Company has determined
that  the  majority  of the existing systems will be replaced, through a capital
project,  with  new technology.  This project, with a budget of approximately $5
million,  is  nearly complete.  The remaining legacy systems are projected to be
in  compliance  with Year 2000 issues prior to the end of this fiscal year.  The
Company does not expect there to be a material impact on the Company's business,
operations,  cash  flows or financial condition as a result of Year 2000 issues.

                                     - 13 -
<PAGE>

PART  II.  OTHER  INFORMATION

ITEM  1.  LEGAL  PROCEEDINGS

The Company is not a party to any legal actions that would materially affect the
Company's  operations  or  financial  statements.

ITEM  2.  CHANGES  IN  SECURITIES

None

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES

None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  A  VOTE  OF  SECURITY  HOLDERS

None

ITEM  5.  OTHER  INFORMATION

None

ITEM  6.  EXHIBITS  AND  REPORTS  ON  FORM  8-K
(a)     10     Incentive  Stock  Purchase  Agreement  -  Michael  S.  Fletcher
        27     Financial  Data  Schedule

(b)     No  reports  on  Form 8-K have been filed during the quarter ended March
31,  1999

                                     - 14 -
<PAGE>

                                   SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant  has  duly caused this report to be signed on its behalf by the under
signed  thereunto, duly authorized, in the City of Denver, State of Colorado, on
the  17th  day  of  May,  1999.


                                             ENERGY  CORPORATION  OF  AMERICA


                                             By:  /s/John  Mork
                                                  -------------
                                                  John  Mork
                                                  Chief  Executive  
                                                  Officer  and  Director



                                             By:  /s/Isobel  Allan
                                                  ----------------
                                                  Isobel  Allan
                                                  Vice  President  of  Finance


                                     - 15 -
<PAGE>

                                  EXHIBIT INDEX
Exhibit
Number          Description
------          -----------

10     Incentive  Stock  Purchase  Agreement  -  Michael  S.  Fletcher

27     Financial  Data  Schedule