<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 453,569 <SECURITIES> 0 <RECEIVABLES> 786,083 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,542,123 <PP&E> 4,791,240 <DEPRECIATION> 3,462,823 <TOTAL-ASSETS> 4,812,618 <CURRENT-LIABILITIES> 2,495,791 <BONDS> 0 <COMMON> 241,945 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,518,694 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 4,812,618 <SALES> 6,122,249 <TOTAL-REVENUES> 6,122,249 <CGS> 0 <TOTAL-COSTS> 2,711,860 <OTHER-EXPENSES> 2,112,850 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 507,116 <INCOME-PRETAX> 781,158 <INCOME-TAX> 308,385 <INCOME-CONTINUING> 472,773 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 472,773 <EPS-PRIMARY> 0 <EPS-DILUTED> .01