<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 2,174,000 <SECURITIES> 0 <RECEIVABLES> 695,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,894,000 <PP&E> 23,454,000 <DEPRECIATION> 12,545,000 <TOTAL-ASSETS> 16,335,000 <CURRENT-LIABILITIES> 2,618,000 <BONDS> 680,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 119,000 <OTHER-SE> 12,918,000 <TOTAL-LIABILITY-AND-EQUITY> 16,335,000 <SALES> 3,825,000 <TOTAL-REVENUES> 4,040,000 <CGS> 0 <TOTAL-COSTS> 1,172,000 <OTHER-EXPENSES> 1,623,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 435,000 <INCOME-PRETAX> (1,330,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,330,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,330,000) <EPS-PRIMARY> (0.12) <EPS-DILUTED> (0.12)