<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 171,928 <SECURITIES> 0 <RECEIVABLES> 13,900,893 <ALLOWANCES> 0 <INVENTORY> 910,334 <CURRENT-ASSETS> 22,451,926 <PP&E> 99,075,325 <DEPRECIATION> 22,665,280 <TOTAL-ASSETS> 102,100,079 <CURRENT-LIABILITIES> 28,666,724 <BONDS> 25,476,647 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 64,218 <OTHER-SE> 36,899,490 <TOTAL-LIABILITY-AND-EQUITY> 102,100,079 <SALES> 0 <TOTAL-REVENUES> 38,794,178 <CGS> 0 <TOTAL-COSTS> 36,997,546 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 687,111 <INCOME-PRETAX> 1,112,179 <INCOME-TAX> 467,000 <INCOME-CONTINUING> 645,179 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 645,179 <EPS-PRIMARY> 0.10 <EPS-DILUTED> 0.10