WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


<ARTICLE>                     5
<LEGEND>
     (Replace this text with the legend)
</LEGEND>
       
                                        
<PERIOD-TYPE>                                    3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                         324,981
<SECURITIES>                                         0
<RECEIVABLES>                                3,461,648
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,455,816
<PP&E>                                     114,331,942
<DEPRECIATION>                              66,031,078
<TOTAL-ASSETS>                              53,076,104
<CURRENT-LIABILITIES>                        1,724,640
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    12,780,040
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                53,076,104
<SALES>                                      3,500,460
<TOTAL-REVENUES>                             3,577,445
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             4,220,877
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             279,534
<INCOME-PRETAX>                               (922,966)
<INCOME-TAX>                                  (280,960)
<INCOME-CONTINUING>                           (642,006)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (642,006)
<EPS-PRIMARY>                                    $(.05)
<EPS-DILUTED>                                    $(.05)>