<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 648,440 <SECURITIES> 0 <RECEIVABLES> 401,225 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,167,198 <PP&E> 22,438,833 <DEPRECIATION> 11,344,523 <TOTAL-ASSETS> 28,031,666 <CURRENT-LIABILITIES> 1,809,681 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (4,978,015) <TOTAL-LIABILITY-AND-EQUITY> 28,031,666 <SALES> 0 <TOTAL-REVENUES> 11,310,000 <CGS> 0 <TOTAL-COSTS> 1,068,153 <OTHER-EXPENSES> 10,329,760 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,137,386 <INCOME-PRETAX> (2,215,885) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,215,885) <EPS-PRIMARY> 0 <EPS-DILUTED> 0