<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Operations and is qualified in its entirety by reference to such on Form 10-QSB for the nine months period ended September 30, 1997. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> SEP-30-1997 <CASH> 7,000 <SECURITIES> 0 <RECEIVABLES> 551,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 558,000 <PP&E> 58,173,000 <DEPRECIATION> 39,983,000 <TOTAL-ASSETS> 18,748,000 <CURRENT-LIABILITIES> 32,291,000 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (13,543,000) <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 18,748,000 <SALES> 0 <TOTAL-REVENUES> 3,436,000 <CGS> 1,373,000 <TOTAL-COSTS> 4,890,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,926,000 <INCOME-PRETAX> (1,454,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,454,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,454,000) <EPS-PRIMARY> (0.18) <EPS-DILUTED> 0