<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the third quarter 10-Q and is qualified in its entirety by reference to such 10-Q. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Jul-31-1995 <PERIOD-START> Feb-01-1995 <PERIOD-END> Apr-30-1995 <CASH> 527,722 <SECURITIES> 3,067,125 <RECEIVABLES> 181,284 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,597,467 <PP&E> 43,896,322 <DEPRECIATION> 18,632,058 <TOTAL-ASSETS> 35,756,222 <CURRENT-LIABILITIES> 2,418,458 <BONDS> 0 <COMMON> 2,178,297 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 25,242,705 <TOTAL-LIABILITY-AND-EQUITY> 35,756,222 <SALES> 0 <TOTAL-REVENUES> 2,096,545 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,171,884 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 148,378 <INCOME-PRETAX> (150,756) <INCOME-TAX> (40,000) <INCOME-CONTINUING> (110,756) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (110,756) <EPS-PRIMARY> (0.05) <EPS-DILUTED> .00