UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549

                             Form 10-QSB

QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF1934

For the quarterly period ended           SEPTEMBER 30, 1999

Commission file number         0-20193

                    AMERICOMM RESOURCES CORPORATION
   (Exact name of small business issuer as specified in its charter)

            DELAWARE                             73-1238709
(State or other jurisdiction of               (I.R.S. Employer
incorporation or organization                Identification No.)

15 E. 5TH STREET, SUITE 4000, TULSA, OK          74103-4346
(Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code:  (918) 587-8093

Indicate by check mark whether the issuer (1) filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act 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.
                    		[X] Yes	[  ] No

Indicate the number of shares outstanding of each of the issuer's classes
of common stock, as of the latest practicable date:

Common Stock, $.001 Par Value - 14,212,923 shares as of September 30, 1999.
<PAGE>

                    AMERICOMM RESOURCES CORPORATION

                        INDEX TO FORM 10-QSB


                     PART 1 - FINANCIAL INFORMATION

     Balance Sheet at September 30, 1999  (Unaudited)

     Statement of Income for the three months and nine months ended
        September 30, 1999 and September 30, 1998 (Unaudited)

     Statement of Cash Flows for the three months and nine months
        ended September 30, 1999 and September 30, 1998 (Unaudited)

     Notes to Financial Statements

     Plan of Operation

                    PART II - OTHER INFORMATION

     Changes in Securities

     Other Information

     Exhibits and Reports on Form 8-K

     Signatures
<TABLE>
                    PART I  - FINANCIAL INFORMATION

                    AMERICOMM RESOURCES CORPORATION

                              BALANCE SHEET

(Amounts in thousands, except per share data)
<CAPTION>
                                                 SEPTEMBER 30, 1999
                                                 __________________
<S>                                              <C>
ASSETS
Current assets
     Cash and cash equivalents                   $           94,164
     Prepaid expenses                                         3,244
                                                 __________________

Total Current Assets                                         97,408
                                                 __________________

Investments in prospects                                    689,383
Property & equip. net of accum. Dep. Of $2,614               11,942
Deposits                                                      3,244
                                                 __________________

Total property & equipment                                  704,569

TOTAL ASSETS                                     $          801,977
                                                 __________________
</TABLE>
<TABLE>
<CAPTION>
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)
<S>                                              <C>
Current liabilities
     Notes payable - Related party                          171,831
     Accrued Payroll & Payroll Tax                           37,902
     Payroll taxes payable                                        1
                                                 __________________

Total current liabilities                                   209,734

Stockholder's equity (deficiency)
     Common stock, $.001 par value;
       Authorized 50,000,000 shares
       14,212,923 shares issued, of which
       132 shares are held in Treasury                     14,205
     Capital in excess of par value                      2,166,203
     Retained earnings                                    (663,318)
     Net income (loss)                                    (924,847)
                                                 _________________

Total Stockholhers' Equity                                 592,243

TOTAL LIABILITIES & EQUITY                       $         801,977
                                                 _________________
<FN>
See accountants' report and accompanying notes to financial statements.
</TABLE>
<PAGE>
<TABLE>
                    AMERICOMM RESOURCES CORPORATION

                         STATEMENT OF INCOME

                         FOR THE NINE MONTHS

                   ENDED SEPTEMBER 30, 1999 AND 1998

(Amounts in thousands, except per share data)
<CAPTION>
                             Nine Months           Nine Months
                                   Ended                 Ended
                           September 30,         September 30,
                                    1999                  1998
                           _____________         _____________
<S>                        <C>                   <C>
Revenues
     Income                $           0         $           0
                           _____________         _____________

Total Income                           0                     0
                           _____________         _____________

Costs and expenses
     General & administrative
       Expenses                  131,834               102,384
                           _____________         _____________

Total costs and expenses         131,834               102,384
                           _____________         _____________

Other (income) & expenses
     Interest income                 (98)               (5,483)
     Interest expense                  0                   985
     Disposal of assets          793,266                     0
                           _____________         _____________

Total other (income) &
     expenses                    793,013                (4,498)
                           _____________         _____________

Net Income (Loss)          $    (924,847)        $     (97,886)

Net Income (Loss)
  per common share         $           0         $           0

Weighted average number
  Of common shares
  Outstanding                 14,212,923             13,879,589
<FN>
See accountants' report and accompanying notes to financial statements.
</TABLE>
<PAGE>
<TABLE>
                    AMERICOMM RESOURCES CORPORATION

                       STATEMENT OF CASH FLOWS

                         FOR THE NINE MONTHS

                   ENDED SEPTEMBER 30, 1999 AND 1998

(Amounts in thousands)
<CAPTION>
                               Nine Months         Nine Months
                                     Ended               Ended
                             September 30,       September 30,
1999 1998
                             _____________       _____________
<S>                          <C>                 <C>
Cash Flow From Operating Activities
  Operations
  Net income (loss)          $    (924,847)      $     (97,886)
    Adjustments to reconcile
    Net loss to net cash
    provided by operating
    activities
    Depreciation expense             1,575               2,183
    Disposal of assets             793,266                   0
Changes in operating assets
  and liabilities
  Accounts payable                       0             (11,492)
  Prepaid expenses                       0                (350)
  Deposits                               0              (3,244)
  Accrued Payroll & Payroll Tax     37,902                   0
  Accruals                          (2,683)                556
                             _____________       _____________
Net cash provided (used)
  by operating activities          (94,787)           (110,233)
                             _____________       _____________

Cash Flows From Investing
  Activities
  Cash payments for investments
    In prospects                  (157,105)           (451,188)
  Cash payments for furniture
    & fixtures                           0             (14,555)
                             _____________       _____________

Net cash provided (used)
  By investing activities         (157,105)           (465,743)
                             _____________       _____________

Cash Flows From Financing Activities
  Proceeds from issuance of
    common stock                   100,000             680,999
  Proceeds from note payable
    related party                  171,831                   0
                             _____________       _____________

Net cash provided (used)
  by financing activities          271,831             680,999
                             _____________       _____________

Net Increase (Decrease) In
  Cash & Cash Equivalents           19,939             105,023

Cash and Cash Equivalents
  beginning of quarter               74,225            103,168
                             ______________      _____________

Cash and Cash Equivalents
  end of quarter             $       94,164      $     208,191
<FN>
See accountants' report and accompanying notes to financial statements.
</TABLE>
<PAGE>
                  AMERICOMM RESOURCES CORPORATION

                   NOTES TO FINANCIAL STATEMENTS

1.	BASIS OF PRESENTATION:

In the opinion of management the accompanying unaudited financial statements
contain all adjustments, all of which were of a normal recurring nature,
necessary to summarize fairly the Registrant's financial position and
results of operations.  The results of operations for the nine months
ended September 30, 1999 may not be indicative of the results that may be
expected for the year ending December 31, 1999.  These statements should be
read in conjunction with the financial statements and notes thereto included
in the Registrant's Form 10-KSB for its fiscal year ended December 31, 1998.

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Mining and oil and gas properties - The Company uses the successful efforts
method of accounting for its mining and oil and gas activities.  Costs
incurred are deferred until exploration and completion results are evaluated.
At such time, costs of activities with economically recoverable reserves are
capitalized as proven properties, and costs of unsuccessful or uneconomical
development work are expensed.

Cash and cash equivalents - The Company defines cash and cash equivalents to
be cash on hand, cash in checking accounts, certificates of deposit, cash in
money market accounts and certain investments with maturities of three months
or less from the date of purchase.

3.	INCOME TAXES:

As of December 31, 1998, the Company has tax net operating loss carryforwards
totaling approximately $603,000.  If not used, these carryforwards will
expire in the years 2000 to 2013.

                       AMERICOMM RESOURCES CORPORATION
                             PLAN OF OPERATION

All statements other than statements of historical fact contained herein are
forward-looking statements.  The forward-looking statements were prepared on
the basis of certain assumptions which relate, among other things, to costs
expected to be incurred in the acquisition, exploration and development of
the Company's properties.  Even if the assumptions on which the projections
are based prove accurate and appropriate, the actual results of the Company's
operations in the future may vary widely from the financial projections due
to unforeseen engineering, mechanical or technological difficulties in
drilling wells, general economic conditions, increased competition, changes
in government regulation or intervention in the oil and gas or mining
industries, and other risks described in the Company's filings with the
Securities and Exchange Commission.  Accordingly, the actual results of
the Company's operations in the future may vary widely from the forward-
looking statements included herein.

As of December 31, 1998, the Registrant had approximately $74,000 in cash.
In March 1999, the Registrant borrowed $105,000 from Albert E. Whitehead
Living Trust pursuant to a promissory note due March 15, 2000 which bears
interest at the rate of 10% per annum (the "AEW Note").  The proceeds of
this loan were used to pay lease rentals on the Cheyenne River Prospect.
Mr. Whitehead also paid the Registrant's day-to-day operating expenses
from April through September 1999 including, without limitation, the monthly
office lease payments and the salary of the Registrant's secretary.  Amounts
paid by Mr. Whitehead were added to the principal of the AEW Note which was
$171,831.00 as of September 30, 1999.  In September 1999 the Registrant
received $100,000 in new working capital through a private placement, under
Section 4(2) of the Securities Act of 1933, of 333,333 shares of its Common
Stock to one accredited investor.

As of September 30, 1999, the Registrant had approximately $94,166 cash on
hand, which amount is expected to be sufficient to fund the Registrant's
operating expenses for six months.  In addition to the salaries of Mr.
Bradley and his secretary, the Registrant's'material commitments consist
of office lease payments of $3,244 per month, which payments have been
guaranteed by Mr. Whitehead, and lease rental payments on the Cheyenne
River Prospect of approximately $138,000 per year which are do in March
2000.  Pending receipt of additional capital by the Registrant,
Mr. Bradley has agreed to suspend payment of his salary. The Company has
recorded an accrued liability of $37,902.00 as of September 30, 1999
which reflects the amount of such suspended payments as of such date.

If the Registrant is not successful raising additional capital by March 15,
2000 the  Registrant's continued operation would depend on its ability  to
sublet its office space, the continued cooperation and support of Messrs.
Whitehead  and  Bradley and its ability to raise additional capital or
locate an industry partner to pay the annual lease rentals on, and the
costs of exploring its Cheyenne River Prospect.  Under  the  terms  of  the
agreement governing the Cheyenne River Prospect, as amended, if the
Registrant is unable to finance the cost of the first well on the Cheyenne
River Prospect by May 15, 2000, the Registrant will be required to seek a
buyer for the prospect.  In such event, assuming the parties are successful
in locating a buyer for the prospect, the Registrant would recover its costs
in acquiring the prospect and would receive 50% of any profits from the sale
of the prospect in excess of such costs.  Given the present environment for
selling oil and gas prospects, there can be no assurance that a sale could
be effected on advantageous terms.

The Registrant has been actively engaged in discussions with numerous
sources of additional financing for the Registrant and parties which may
be interested in acquiring an interest in the Registrant's properties.
In March 1999, the Registrant engaged Oak Creek Capital, Inc., on a non-
exclusive basis, to assist the Registrant in locating an industry partner
to participate in the Cheyenne River Prospect.  This engagement has since
expired.  There can be no assurance that the Registrant will be successful
in locating industry partners to pay the costs of exploring its properties
or in raising the additional capital required to continue its operations.

In July the Registrant notified the lessors of 94 of the claims in its
Jessup gold exploration property in Nevada that it was canceling its
Lease Agreement with them.  In August 1999, the Registrant transferred
its interest in the Verlee and Pancake Summit properties in Nevada to
third parties by quitclaim deed in exchange for a 1% net smelter
interest in those properties.  In August the Registrant dropped the
remainder of its gold exploration properties and will concentrate its
activities on its Cheyenne River Prospect which consists of 102,000
acres of oil and gas exploration leases in the Powder River Basin in
Wyoming.  As a result of the cancellation of the leases on the Jessup
Property and the transfer of its interests in the Verlee and Pancake
Summit Prospects and dropping its other gold exploration properties,
the Registrant wrote off $793,266.37 of its assets as of September 30,
1999.

The Registrant funded its operations during 1998 through amounts received
from Echo Bay Exploration Inc. ("Echo Bay") a subsidiary of Echo Bay Mines
LTD., Denver, Colorado pursuant to a Heads of Agreement covering exploration
of its Churchill County, Nevada property (the "Jessup Property") and by
borrowing from, and stock issuances to, directors of the Registrant.  In
September 1997, the Registrant borrowed $20,000 from the Albert E. Whitehead
Living Trust pursuant to the terms of a 6% Convertible Note due September 23,
1998.  In November 1997, Echo Bay elected to continue its work program
during 1998 and paid an additional $100,000 to the Registrant.  In March
1998, the Registrant raised an additional $275,000 through the issuance of
1,375,000 shares of Common Stock to Mr. Whitehead and agreed to use
substantially all of the proceeds of this issuance to fund its acquisition
of oil and gas leases on the Cheyenne River Prospect.  On April 1, 1998, the
Albert E. Whitehead Living Trust converted its note into shares of Common
Stock of the Registrant at a purchase price of  $0.15 per share.  In June
1998, Messrs. Whitehead and Plewes, directors of the Registrant purchased
an aggregate of 533,332 shares of Common Stock upon exercise of previously
issued stock options at an exercise price of $0.68 per share, which provided
$362,499 in additional working capital to the Registrant.  The shares
of Common Stock and the 6% Convertible Note described above were issued in
reliance on the exemption from registration set forth in Section 4(2) of
the Securities Act of 1933.  The shares of Common Stock issued upon
conversion of the 6% Convertible Note were issued in reliance upon Section
3(a)(9) of the Securities Act of 1933.

Exploration for oil and gas, is highly speculative and involves greater
risks than many other businesses.  Oil  and  gas  drilling  and  development
is frequently marked by unprofitable efforts, not only from unproductive
prospects, but also from producing prospects  which  do not produce
sufficient amounts to return a profit on the amount expended.  Accordingly,
there can be no assurance that the Registrant will be able to discover,
develop or produce sufficient reserves to recover the expenses incurred in
connection with the exploration of its properties, to fund additional
exploration or to achieve profitability.

The Registrant does not expect any significant change in the number of its
employees during 1999.  If the Registrant is successful in raising additional
capital, it will employ part-time or temporary persons and consultants in
situations where special expertise is required.

Year 2000 Issues

The Registrant relies on standard office computer hardware and software
equipment to run its operations.  The Registrant has contacted the suppliers
of the hardware and software utilized by the Registrant and has been
verbally assured that the hardware and software is Year 2000 compliant.
As the Registrant is not actively engaged in drilling or mining operations,
the Registrant is not currently dependent on any additional computer hardware
or software at this time.  If the Registrant is successful in raising the
additional capital necessary to explore its properties, the Registrant will
seek to retain consultants to perform such exploration and intends to
inquire, prior to retaining such consultants, as to the consultant's Year
2000 readiness.  Although the Registrant does not rely on computer hardware
or software for its limited operations at this time, given the pervasive
nature of the Year 2000 issues, there can be no assurance that the
Registrant will not be adversely affected by the failure of third parties
to be Year 2000 compliant.

                      PART II.		OTHER INFORMATION

Item #2   Changes in Securities

          Information relating to recent sales of securities that were
          not registered under the Securities Act of 1933 is set forth
          in Part I, Item 2. Plan of Operation and is incorporated
          herein by reference.

Item #5   Other Information -	NONE

Item #6   Exhibits and Reports on Form 8-K

         (a)	Exhibits

             (1) Promissory note dated March 15, 1999 issued to Albert E.
                 Whitehead Living Trust.   Filed herewith

             (2) Subscription Agreement dated June 20, 1999 between
                 Americomm Resources Corporation and Louis Marx, Jr.
                                           Filed herewith

        (b)  Reports on Form 8-K.  The Registrant has not filed, during
             the quarter for	which this report is filed, a Form 8-K.

        (c)  27-Financial Data Schedule

                     AMERICOMM RESOURCES CORPORATION

                               SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

                                         AMERICOMM RESOURCES CORPORATION
                                         Registrant

November 15, 1999                        Thomas R. Bradley
                                         Thomas R. Bradley, President/CEO

November 15, 1999                        Thomas R. Bradley
                                         Thomas R. Bradley
                                         Principal Financial and Accounting
                                           Officer