<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS FOR THE PERIOD ENDING JUNE 30, 2000 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<CIK> 0001107104
<NAME> Tidelands Oil & Gas Corporation
<MULTIPLIER> 1
<CURRENCY> US Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<CASH> 42,256
<SECURITIES> 0
<RECEIVABLES> 15,319
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 63,674
<PP&E> 648,884
<DEPRECIATION> 149,849
<TOTAL-ASSETS> 4,124,094
<CURRENT-LIABILITIES> 335,848
<BONDS> 822,095
0
0
<COMMON> 17,880
<OTHER-SE> 2,948,271
<TOTAL-LIABILITY-AND-EQUITY> 4,124,094
<SALES> 37,101
<TOTAL-REVENUES> 37,101
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 7,501
<INCOME-PRETAX> (480,268)
<INCOME-TAX> 0
<INCOME-CONTINUING> (480,268)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (480,268)
<EPS-BASIC> (0.027)
<EPS-DILUTED> (0.025)
</TABLE>