<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE REGISTRANT'S FIRST
AMENDED QUARTERLY FINANCIAL STATEMENTS FOR THE QUARTERS ENDED DECEMBER 31, 1999
AND 1998 AND IS QUALIFIED IN ITS ENTIRETY BY ITS REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000746967
<NAME> DALECO RESOURCES CORPORATION
<CURRENCY> US DOLLARS

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             OCT-01-1999
<PERIOD-END>                               DEC-31-1999
<EXCHANGE-RATE>                                      1
<CASH>                                           1,536
<SECURITIES>                                         0
<RECEIVABLES>                                  490,468
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               503,478
<PP&E>                                      11,971,410
<DEPRECIATION>                               4,635,772
<TOTAL-ASSETS>                               8,739,564
<CURRENT-LIABILITIES>                       10,713,499
<BONDS>                                              0
                              160
                                          0
<COMMON>                                        31,027
<OTHER-SE>                                  14,369,458
<TOTAL-LIABILITY-AND-EQUITY>                 9,002,796
<SALES>                                      1,039,849
<TOTAL-REVENUES>                             1,172,765
<CGS>                                          589,423
<TOTAL-COSTS>                                  589,423
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             901,361
<INCOME-PRETAX>                              (683,704)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (683,704)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (683,704)
<EPS-BASIC>                                     (0.22)
<EPS-DILUTED>                                   (0.22)


</TABLE>



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