<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAY-31-1995 <PERIOD-END> FEB-28-1995 <CASH> 2,438,068 <SECURITIES> 0 <RECEIVABLES> 166,155 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,258,553 <PP&E> 46,512,317 <DEPRECIATION> 25,362,846 <TOTAL-ASSETS> 24,410,088 <CURRENT-LIABILITIES> 2,201,427 <BONDS> 0 <COMMON> 2,121,192 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 24,410,088 <SALES> 10,114,859 <TOTAL-REVENUES> 10,114,859 <CGS> 0 <TOTAL-COSTS> 9,765,999 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 665,444 <INCOME-PRETAX> (258,832) <INCOME-TAX> (95,800) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (163,032) <EPS-PRIMARY> (.08) <EPS-DILUTED> 0