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

                                  Form 10-QSB/A

                                 Amendment No. 1
(Mark One)

[X]  Quarterly Report Pursuant to Section 13 OR 15(d) of the Securities
     Exchange Act of 1934

For the quarterly period ended             JUNE 30, 2000

[]   Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from __________________to__________________

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)

(Issuer's telephone number)                        (918) 587-8093

                         NOT APPLICABLE
      (Former name, former address and former fiscal year,
               if changed since last report)

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

     Common Stock, $.001 Par Value - 14,879,589 shares outstanding as of
June 30, 2000.

Transitional Small Business Disclosure Format:  [] Yes   [X] No

<TABLE>
                       AMERICOMM RESOURCES CORPORATION

                          INDEX TO FORM 10-QSB/A

                             AMENDMENT NO. 1
<CAPTION>
<S>              <C>                                 <C>
Part I           FINANCIAL INFORMATION               Page

Item 1.          Financial Statements

                 Balance Sheet at June 30, 2000
                 (Unaudited)                           3

                 Statement of Income for the three
                 months and six months ended
                 June 30, 2000 and June 30, 1999
                 (Unaudited)                           4

                 Statement of Cash Flows for the
                 six months ended June 30, 2000
                 and June 30, 1999
                 (Unaudited)                           5

                 Notes to Financial Statements         6

Item 2.          Plan of Operation                    7-9

Part II.         OTHER INFORMATION

Item 6.          Exhibits and Reports on Form 8-K      10

Signatures                                             11
</TABLE>
<TABLE>

Item 1.  FINANCIAL STATEMENTS

                       AMERICOMM RESOURCES CORPORATION

                              BALANCE SHEET

                              (UNAUDITED)

                              JUNE 30, 2000

                                 ASSETS
<CAPTION>
<S>                                              <C>
Current assets:
  Cash and cash equivalents                      $     131,598
                                                 _____________

     Total current assets                              131,598
                                                 _____________

Investments in prospects                               854,609
Property & equipment net of accumulated
  depreciation of $4,480                                10,075
                                                 _____________

     Total property & equipment                        864,684
                                                 _____________

TOTAL ASSETS                                     $     996,282
                                                 _____________
</TABLE>
<TABLE>
<CAPTION>
                LIABILITIES AND STOCKHOLDERS' EQUITY
<S>                                              <C>
Current liabilities:
  Notes payable - related party                       282,754
  Accrued payroll                                      55,395
  Payroll taxes payable                                   576
  Other accrued expenses                               13,676
                                                 ____________

     Total current liabilities                        352,401
                                                 ____________

Stockholders' equity:
  Common stock, $.001 par value;
    authorized 50,000,000 shares
    14,879,589 shares issued, of which
    132 shares are held in Treasury                   14,880
  Capital in excess of par value                   2,365,528
  Retained earnings                               (1,654,222)
  Net income (loss)                               (   82,305)
                                                 ___________

     Total stockholders' equity                      643,881
                                                 ___________

TOTAL LIABILITIES AND EQUITY                     $   996,282
                                                 ___________

<FN>
See accompanying notes to financial statements.
</TABLE>
<TABLE>
                        AMERICOMM RESOURCES CORPORATION

                             STATEMENT OF INCOME

                                (UNAUDITED)

                        FOR THE THREE AND SIX MONTHS

                   ENDED JUNE 30, 2000 AND JUNE 30, 1999

<CAPTION>

                          Three Months   Three Months   Six Months  Six Months
                                 Ended          Ended        Ended       Ended
                              June 30,       June 30,     June 30,    June 30,
                                  2000           1999         2000        1999
                          ____________   ____________   __________   _________
<S>                       <C>            <C>            <C>          <C>
Revenues:
  Income                  $         91   $          0   $       91   $       0
  Interest income                1,721              0        1,721         155
  Disposal of assets                 0       (498,647)           0    (498,647)
                          ____________   ____________   __________   _________

     Total income                1,812       (498,647)       1,812    (498,492)
                          ____________   ____________   __________   _________

Costs and expenses:
  General and administrative
    Expenses                   56,813          27,237       84,117      69,075
  Interest expense                  0               0            0           0
                          ___________    ____________   __________   _________

     Total costs and
       expenses                56,813         27,237        84,117      69,075
                          ___________    ____________   __________   _________

  Net income (loss)       $   (55,001)   $  (525,884)   $  (82,305)  $(567,567)
                          ___________    ____________   __________   _________
  Net income (loss)
    per common share      $         0    $          0
                          ___________    ____________

Weighted average number of
  common shares
  outstanding              14,879,589      13,879,589
                          ___________    ____________
<FN>
See accompanying notes to financial statements.
</TABLE>
<TABLE>
                        AMERICOMM RESOURCES CORPORATION

                           STATEMENT OF CASH FLOWS

                               (UNAUDITED)

                             FOR THE SIX MONTHS

                     ENDED JUNE 30, 2000 AND JUNE 30, 1999

<CAPTION>
                                         Six Months     Six Months
                                              Ended          Ended
                                           June 30,       June 30,
                                               2000           1999
                                       ____________   ____________
<S>                                    <C>            <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
  Operations:
  Net income (loss)                    $    (82,305)  $  (567,567)
    Adjustments to reconcile net
    loss to net cash provided
    by operating activities:
    Depreciation expense                      1,363         1,050
    Disposal of assets                            0       498,647
  Changes in operating assets
    and liabilities:
    Accounts payable                          3,244             0
    Prepaid expenses                          3,244             0
    Deposits                                      0             0
    Accruals                                    (56)       (3,000)
                                        ___________   ___________
  Net cash provided (used)
    by operating activities                (74,510)       (70,870)
                                        ___________   ___________

CASH FLOWS FROM INVESTING ACTIVITIES:
  Cash payments for investments
    in prospects                          (127,045)      (148,406)
                                       ___________    ___________
  Net cash provided (used)
    by investing activities               (127,045)      (148,406)
                                       ___________    ___________

CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from issuance of
    common stock                           200,000              0
  Proceeds from note payable -
    related party                          110,000        146,058
  Repayment of note payable -
    related party                                0              0
                                       ___________    ___________

  Net cash provided (used) by
    financing activities                   310,000        146,058
                                       ___________    ___________

NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS                           108,445        (73,218)

CASH AND CASH EQUIVALENTS,
  beginning of quarter                      23,153         74,225
                                       ___________    ___________

CASH AND CASH EQUIVALENTS,
  end of quarter                       $   131,598    $     1,007
                                       ___________    ___________
<FN>
See accompanying notes to financial statements.
</TABLE>
                        AMERICOMM RESOURCES CORPORATION

                         NOTES TO FINANCIAL STATEMENTS

                                (UNAUDITED)


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 six months ended June
30, 2000 may not be indicative of the results that may be expected for the
year ending December 31, 2000.  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, 1999.

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, 1999, the Company has tax net operating loss carryforwards
totaling approximately $694,000.  If not used, these carryforwards will
expire in the years 2000 to 2018.

Item 2.  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
industry, 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 July 28, 2000, the Registrant had approximately $122,150 cash
on hand, which amount includes the proceeds of a $200,000 private placement
of its common stock which was effected on April 4, 2000.  The Registrant
expects that its cash on hand will be sufficient to fund its operations
for 12 months.  The Registrant's material commitments consist of annual
lease payments on the Cheyenne River Prospect of approximately $144,000,
of which $132,000 were paid through July 2000 with the proceeds of a loan
described below.  Additional commitments consist of office lease payments
of $3,400 per month.  In January 2000 the Registrant sublet a portion of
its office space at $1,000.00 per month. Mr. Whitehead serves as an
executive officer of the Registrant without compensation.  Pending receipt
of additional capital by the Registrant, Mr. Bradley suspended his salary
during 1999 and, effective January 1, 2000, agreed to serve as an executive
officer without compensation.  The Registrant has a recorded an accrued
liability of $55,395.00 as of December 31, 1999 which represents the amount
of Mr. Bradley's suspended salary payments during 1999.

     The Registrant funded its operations in 1999 from the proceeds of a
$100,000 private placement of shares of its common stock to one accredited
investor and by borrowing from the Albert E. Whitehead Living Trust (the
"AEW Trust").  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.  The AEW Trust 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 $172,754.00 as of December 31, 1999 and
$185,508 as of March 15, 2000.  On March 15, 2000, the Registrant issued a
convertible promissory note due March 15, 2001 in the principal amount of
$295,508 to the AEW Trust, which note bears interest at the rate of 10% per
annum and is convertible into shares of the Registrant's common stock at the
price of $0.4370 per share, which represented the market price of the
Registrant's common stock on such date.  The convertible note was issued
to the AEW Trust in consideration of the surrender of the original AEW Note
and the advancement of an additional $110,000 to the Registrant by the AEW
Trust.  The proceeds of this additional loan were used to pay lease rentals
on the Cheyenne River Prospect.

     On April 4, 2000, the Registrant sold 666,666 shares of its Common
Stock at a purchase price of $200,000 to one accredited investor in a
private placement under Section 4(2) of the Securities Act.  The Registrant
intends to use the proceeds of this offering for working capital purposes.
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, for 120 days, to assist the Registrant in locating an industry partner
to participate in the Cheyenne River Prospect.  This engagement expired and
was renewed for an additional 120 day period in January 2000.  This
renewed engagement expired on May 10, 2000.  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.

     If the Registrant is not successful in raising additional capital, the
Registrant's continued  operations  would  depend  on  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 November 15, 2000, the
Registrant will be required to obtain an additional extension of this date
or 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.

     In July 1999 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 relinquished the remainder of its gold
exploration properties to concentrate its activities on its Cheyenne River
Prospect.  As a result of the cancellation of the leases on the Registrant's
gold exploration property located in Churchill County, Nevada (the "Jessup
Property"), the transfer of its interests in the Verlee and Pancake Summit
Prospects and the decision to relinquish its other gold exploration
properties, the Registrant wrote off $793,266.37 of its assets as of
September 30, 1999.

     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 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 2000.  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.

PART II - OTHER INFORMATION

Item 6.	Exhibits and Reports on Form 8-K

           (a) Exhibits

               27.1  Financial Data Schedule

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

                        AMERICOMM RESOURCES CORPORATION

                                SIGNATURES

     In accordance with 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


Date:  November 14, 2000               By:/s/Thomas R. Bradley
                                       Thomas R. Bradley
                                       President & Chief Financial Officer
                                       (Principal Financial and Accounting
                                       Officer)