<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the contained quarterly 10-Q and is qualified in its entirety by reference to such Form 10-Q. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Jul-31-2001 <PERIOD-START> Aug-01-2000 <PERIOD-END> Oct-31-2000 <CASH> 1,630,689 <SECURITIES> 42,224 <RECEIVABLES> 433,944 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,735,575 <PP&E> 53,579,959 <DEPRECIATION> 23,818,742 <TOTAL-ASSETS> 42,481,618 <CURRENT-LIABILITIES> 2,019,966 <BONDS> 0 <COMMON> 2,178,297 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 42,481,618 <SALES> 0 <TOTAL-REVENUES> 2,736,892 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,165,550 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 144,155 <INCOME-PRETAX> 487,475 <INCOME-TAX> 174,000 <INCOME-CONTINUING> 313,475 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 313,475 <EPS-BASIC> 0.15 <EPS-DILUTED> 0.00