<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> SEP-30-1997 <CASH> 6,050,036 <SECURITIES> 759,583 <RECEIVABLES> 10,371,529 <ALLOWANCES> 190,911 <INVENTORY> 0 <CURRENT-ASSETS> 19,762,149 <PP&E> 86,419,677 <DEPRECIATION> 29,203,936 <TOTAL-ASSETS> 80,648,384 <CURRENT-LIABILITIES> 26,434,722 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 32,058 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 80,648,384 <SALES> 28,057,837 <TOTAL-REVENUES> 28,057,837 <CGS> 0 <TOTAL-COSTS> 26,590,610 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 901,770 <INCOME-PRETAX> 664,265 <INCOME-TAX> 43,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 621,265 <EPS-PRIMARY> 0 <EPS-DILUTED> .19