<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 692,687 <SECURITIES> 0 <RECEIVABLES> 959,136 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,672,132 <PP&E> 4,356,549 <DEPRECIATION> 2,275,620 <TOTAL-ASSETS> 5,582,361 <CURRENT-LIABILITIES> 1,633,756 <BONDS> 0 <COMMON> 237,945 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,985,636 <OTHER-SE> 1,515,535 <TOTAL-LIABILITY-AND-EQUITY> 5,582,361 <SALES> 3,159,385 <TOTAL-REVENUES> 3,159,385 <CGS> 0 <TOTAL-COSTS> 1,613,889 <OTHER-EXPENSES> 1,014,419 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 249,844 <INCOME-PRETAX> 302,372 <INCOME-TAX> (1,820,000) <INCOME-CONTINUING> 2,122,372 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,122,372 <EPS-PRIMARY> .08 <EPS-DILUTED> .03