<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> Jun-30-1996 <PERIOD-START> Jul-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 14,119,248 <SECURITIES> 946,946 <RECEIVABLES> 1,928,688 <ALLOWANCES> 0 <INVENTORY> 328,528 <CURRENT-ASSETS> 17,323,410 <PP&E> 70,462,566 <DEPRECIATION> 26,840,375 <TOTAL-ASSETS> 61,467,935 <CURRENT-LIABILITIES> 5,142,647 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 246,912 <OTHER-SE> 22,426,061 <TOTAL-LIABILITY-AND-EQUITY> 61,467,935 <SALES> 4,529,271 <TOTAL-REVENUES> 5,109,926 <CGS> 0 <TOTAL-COSTS> 3,018,962 <OTHER-EXPENSES> 762,167 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,882 <INCOME-PRETAX> 1,328,797 <INCOME-TAX> 768,459 <INCOME-CONTINUING> 560,338 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 560,338 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0.02