<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATON EXTRACTED FROM JUNE 30, 1997, UNAUDITED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 276,502 <SECURITIES> 726,027 <RECEIVABLES> 176,158 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 486,598 <PP&E> 2,701,470 <DEPRECIATION> 649,251 <TOTAL-ASSETS> 3,264,844 <CURRENT-LIABILITIES> 77,765 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 72,256 <OTHER-SE> 3,114,823 <TOTAL-LIABILITY-AND-EQUITY> 3,264,844 <SALES> 0 <TOTAL-REVENUES> 382,129 <CGS> 0 <TOTAL-COSTS> 137,996 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 277,188 <INCOME-TAX> 88,062 <INCOME-CONTINUING> 189,126 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 189,126 <EPS-PRIMARY> .09 <EPS-DILUTED> .09