<ARTICLE>                                      5
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. DOLLARS
       
                                            
<PERIOD-TYPE>                                  6-MOS
<FISCAL-YEAR-END>                              DEC-31-1998
<PERIOD-START>                                 JAN-01-1998
<PERIOD-END>                                   JUN-30-1998
<EXCHANGE-RATE>                                1
<CASH>                                         528,431
<SECURITIES>                                   2,446,786
<RECEIVABLES>                                  90,214
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               3,304,538
<PP&E>                                         4,614,194
<DEPRECIATION>                                 0
<TOTAL-ASSETS>                                 7,946,738
<CURRENT-LIABILITIES>                          153,765
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       4,806,763
<OTHER-SE>                                     2,986,210
<TOTAL-LIABILITY-AND-EQUITY>                   7,946,738
<SALES>                                        0
<TOTAL-REVENUES>                               98,781
<CGS>                                          0
<TOTAL-COSTS>                                  704,240
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                (605,459)
<INCOME-TAX>                                   0
<INCOME-CONTINUING>                            (605,459)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   (605,459)
<EPS-PRIMARY>                                  (0.02)
<EPS-DILUTED>                                  (0.02)