<ARTICLE> 5 <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <EXCHANGE-RATE> 1 <CASH> 12,570,034 <SECURITIES> 2,141,204 <RECEIVABLES> 2,392,020 <ALLOWANCES> 0 <INVENTORY> 254,374 <CURRENT-ASSETS> 17,357,632 <PP&E> 49,159,487 <DEPRECIATION> 20,433,529 <TOTAL-ASSETS> 46,647,716 <CURRENT-LIABILITIES> 4,550,593 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 249,450 <OTHER-SE> 18,553,982 <TOTAL-LIABILITY-AND-EQUITY> 46,647,716 <SALES> 4,026,673 <TOTAL-REVENUES> 4,551,812 <CGS> 0 <TOTAL-COSTS> 3,942,991 <OTHER-EXPENSES> 287,669 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,491 <INCOME-PRETAX> 321,152 <INCOME-TAX> 251,289 <INCOME-CONTINUING> 69,863 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 69,863 <EPS-PRIMARY> 0.00 <EPS-DILUTED> 0.00