<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from March 31, 1997, unaudited financial statements and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 548,627 <SECURITIES> 0 <RECEIVABLES> 58,625 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 646,226 <PP&E> 2,690,651 <DEPRECIATION> 648,260 <TOTAL-ASSETS> 3,197,941 <CURRENT-LIABILITIES> 105,808 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,256 <OTHER-SE> 3,019,877 <TOTAL-LIABILITY-AND-EQUITY> 3,197,941 <SALES> 0 <TOTAL-REVENUES> 137,148 <CGS> 0 <TOTAL-COSTS> 81,338 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 72,661 <INCOME-TAX> 19,597 <INCOME-CONTINUING> 53,064 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 53,064 <EPS-PRIMARY> .03 <EPS-DILUTED> .03