<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1998 <CASH> 239,066 <SECURITIES> 0 <RECEIVABLES> 120,847 <ALLOWANCES> 0 <INVENTORY> 15,236 <CURRENT-ASSETS> 406,279 <PP&E> 14,557,859 <DEPRECIATION> 3,750,351 <TOTAL-ASSETS> 11,389,948 <CURRENT-LIABILITIES> 2,027,944 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 791,782 <OTHER-SE> 1,032,290 <TOTAL-LIABILITY-AND-EQUITY> 11,389,948 <SALES> 75,370 <TOTAL-REVENUES> 561,485 <CGS> 37,749 <TOTAL-COSTS> 625,720 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 113,922 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> (64,235) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 111,473 <EPS-PRIMARY> .07 <EPS-DILUTED> .07