<ARTICLE> 5 <PERIOD-TYPE> 12-MOS 12-MOS <FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995 <PERIOD-END> DEC-31-1996 DEC-31-1995 <CASH> 184565 37933 <SECURITIES> 10500 15550 <RECEIVABLES> 36126 32715 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 231191 90948 <PP&E> 431601 567925 <DEPRECIATION> (229621) (249154) <TOTAL-ASSETS> 515704 505018 <CURRENT-LIABILITIES> 4824 64491 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 233744 0 <COMMON> 57914 57914 <OTHER-SE> 219222 382613 <TOTAL-LIABILITY-AND-EQUITY> 515704 505018 <SALES> 216870 195834 <TOTAL-REVENUES> 244051 205430 <CGS> 0 0 <TOTAL-COSTS> 170258 173919 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 670 4592 <INCOME-PRETAX> 73793 31511 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 73793 31511 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 73793 31511 <EPS-PRIMARY> .14 .06 <EPS-DILUTED> .14 .06