WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                          5
<CIK>                                              0001023947
<NAME>                                             Cotton Valley Resources Corp.
       
<S>                                                <C>                <C>
<PERIOD-TYPE>                                      6-MOS              6-MOS
<FISCAL-YEAR-END>                                  JUN-30-1996        JUN-30-1995
<PERIOD-START>                                     JUL-01-1996        JUL-01-1995
<PERIOD-END>                                       DEC-31-1996        DEC-31-1995
<EXCHANGE-RATE>                                                     1                1
<CASH>                                                        239,905                0
<SECURITIES>                                                        0                0
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<INVENTORY>                                                         0                0
<CURRENT-ASSETS>                                              239,905                0
<PP&E>                                                     11,883,441                0
<DEPRECIATION>                                                  7,256                0
<TOTAL-ASSETS>                                             12,115,820                0
<CURRENT-LIABILITIES>                                       1,318,226                0
<BONDS>                                                             0                0
<PREFERRED-MANDATORY>                                               0                0
<PREFERRED>                                                         0                0
<COMMON>                                                   10,697,279                0
<OTHER-SE>                                                          0                0
<TOTAL-LIABILITY-AND-EQUITY>                               12,115,820                0
<SALES>                                                        41,365                0
<TOTAL-REVENUES>                                               41,365                0
<CGS>                                                               0                0
<TOTAL-COSTS>                                                       0                0
<OTHER-EXPENSES>                                              903,319          634,572
<LOSS-PROVISION>                                                    0                0
<INTEREST-EXPENSE>                                             35,162           21,631
<INCOME-PRETAX>                                              (897,116)        (656,203)
<INCOME-TAX>                                                  295,000          230,000
<INCOME-CONTINUING>                                          (602,116)        (426,203)
<DISCONTINUED>                                                      0                0
<EXTRAORDINARY>                                                     0                0
<CHANGES>                                                           0                0
<NET-INCOME>                                                 (602,116)        (426,203)
<EPS-PRIMARY>                                                   (0.05)           (0.04)
<EPS-DILUTED>                                                   (0.05)           (0.04)
        




</TABLE>