<ARTICLE> 5 <PERIOD-TYPE> 3-MOS YEAR <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1996 <PERIOD-START> JAN-01-1997 JAN-01-1996 <PERIOD-END> MAR-31-1997 DEC-31-1996 <CASH> 693,135 130,551 <SECURITIES> 0 0 <RECEIVABLES> 559,165 500,602 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 2,831,068 3,207,276 <PP&E> 53,148,624 49,785,341 <DEPRECIATION> 13,745,887 12,433,801 <TOTAL-ASSETS> 43,992,502 42,376,665 <CURRENT-LIABILITIES> 8,537,024 8,387,746 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1,000 1,000 <OTHER-SE> (5,097,047) (5,033,558) <TOTAL-LIABILITY-AND-EQUITY> 43,992,502 42,376,665 <SALES> 3,736,526 10,891,640 <TOTAL-REVENUES> 3,777,824 11,118,103 <CGS> 685,861 3,111,198 <TOTAL-COSTS> 3,841,313 12,892,652 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 1,184,243 3,982,797 <INCOME-PRETAX> (63,489) (1,774,549) <INCOME-TAX> 0 0 <INCOME-CONTINUING> (63,489) (1,774,549) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (63,489) (1,774,549) <EPS-PRIMARY> (.44) (12.42) <EPS-DILUTED> (.44) (12.42)