<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 583,947 <SECURITIES> 0 <RECEIVABLES> 3,587,229 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,986,338 <PP&E> 95,555,065 <DEPRECIATION> 55,386,588 <TOTAL-ASSETS> 51,745,411 <CURRENT-LIABILITIES> 1,567,210 <BONDS> 0 <COMMON> 12,593,631 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 51,745,411 <SALES> 3,022,602 <TOTAL-REVENUES> 3,336,414 <CGS> 0 <TOTAL-COSTS> 3,263,086 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,006 <INCOME-PRETAX> 59,322 <INCOME-TAX> (50,783) <INCOME-CONTINUING> 110,105 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 110,105 <EPS-PRIMARY> .01 <EPS-DILUTED> .01