<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 50,982 <SECURITIES> 0 <RECEIVABLES> 38,911 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 89,893 <PP&E> 5,853,096 <DEPRECIATION> 1,872,109 <TOTAL-ASSETS> 3,970,619 <CURRENT-LIABILITIES> 70,687 <BONDS> 855,273 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 100,755 <OTHER-SE> 2,943,940 <TOTAL-LIABILITY-AND-EQUITY> 3,970,619 <SALES> 438,637 <TOTAL-REVENUES> 438,638 <CGS> 0 <TOTAL-COSTS> 228,730 <OTHER-EXPENSES> 366,777 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 50,664 <INCOME-PRETAX> (414,282) <INCOME-TAX> 0 <INCOME-CONTINUING> (414,282) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (414,282) <EPS-PRIMARY> (.04) <EPS-DILUTED> (.04)