<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS FOR THE PERIOD ENDING SEPTEMBER 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> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<EXCHANGE-RATE> 1
<CASH> 183,585
<SECURITIES> 0
<RECEIVABLES> 13,487
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 200,166
<PP&E> 642,712
<DEPRECIATION> 156,672
<TOTAL-ASSETS> 4,216,997
<CURRENT-LIABILITIES> 530,382
<BONDS> 932,424
0
0
<COMMON> 17,980
<OTHER-SE> 2,736,211
<TOTAL-LIABILITY-AND-EQUITY> 4,216,997
<SALES> 99,588
<TOTAL-REVENUES> 99,588
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 819,413
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 9,561
<INCOME-PRETAX> (719,825)
<INCOME-TAX> 0
<INCOME-CONTINUING> (719,825)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (719,825)
<EPS-BASIC> (0.041)
<EPS-DILUTED> (0.037)
</TABLE>