<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-START> JAN-01-2000 <PERIOD-END> MAR-31-2000 <CASH> 626,707 <SECURITIES> 0 <RECEIVABLES> 1,491,252 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,429,512 <PP&E> 31,673,664 <DEPRECIATION> 0 <TOTAL-ASSETS> 35,963,348 <CURRENT-LIABILITIES> 6,513,032 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 128,126 <OTHER-SE> 29,322,190 <TOTAL-LIABILITY-AND-EQUITY> 35,963,348 <SALES> 0 <TOTAL-REVENUES> 1,403,605 <CGS> 0 <TOTAL-COSTS> 1,007,682 <OTHER-EXPENSES> 707,009 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (302,377) <INCOME-TAX> 0 <INCOME-CONTINUING> (302,377) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (302,377) <EPS-BASIC> (0.01) <EPS-DILUTED> (0.01)