<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM CONSOLIDATED UNAUDITED CONDENSED FINANCIAL STATEMENTS FILED WITH THE COMPANY'S MARCH 31, 1997, QUARTERLY REPORT ON FORM 10-QSB AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <CURRENCY> U. S. DOLLARS <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 1 <CASH> 27,212 <SECURITIES> 591,322 <RECEIVABLES> 1,165,472 <ALLOWANCES> 189,097 <INVENTORY> 0 <CURRENT-ASSETS> 1,645,974 <PP&E> 8,465,827 <DEPRECIATION> 1,013,462 <TOTAL-ASSETS> 10,063,463 <CURRENT-LIABILITIES> 3,426,313 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 9,781 <OTHER-SE> 2,809,752 <TOTAL-LIABILITY-AND-EQUITY> 10,063,487 <SALES> 0 <TOTAL-REVENUES> 228,612 <CGS> 0 <TOTAL-COSTS> 182,617 <OTHER-EXPENSES> 567,087 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 78,004 <INCOME-PRETAX> (650,983) <INCOME-TAX> 0 <INCOME-CONTINUING> (650,983) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (650,983) <EPS-PRIMARY> (0.07) <EPS-DILUTED> (0.07)