<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> Jan-31-2001 <CASH> 1,097,186 <SECURITIES> 42,764 <RECEIVABLES> 345,795 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,542,088 <PP&E> 54,372,560 <DEPRECIATION> 24,067,349 <TOTAL-ASSETS> 43,095,328 <CURRENT-LIABILITIES> 1,736,723 <BONDS> 0 <COMMON> 2,178,297 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 30,067,865 <TOTAL-LIABILITY-AND-EQUITY> 43,095,328 <SALES> 0 <TOTAL-REVENUES> 5,548,457 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,653,911 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 286,034 <INCOME-PRETAX> 730,302 <INCOME-TAX> 283,000 <INCOME-CONTINUING> 447,302 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 447,302 <EPS-BASIC> 0.22 <EPS-DILUTED> 0.00