<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 432,255 <SECURITIES> 0 <RECEIVABLES> 162,239 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 594,494 <PP&E> 14,291,294 <DEPRECIATION> 2,056,188 <TOTAL-ASSETS> 13,044,874 <CURRENT-LIABILITIES> 27,842 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 13,044,874 <SALES> 0 <TOTAL-REVENUES> 980,691 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 739,753 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 382,452 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (141,514) <EPS-PRIMARY> 0 <EPS-DILUTED> 0