<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 83,732 <SECURITIES> 0 <RECEIVABLES> 288,012 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 523,414 <PP&E> 20,737,609 <DEPRECIATION> 0 <TOTAL-ASSETS> 21,340,190 <CURRENT-LIABILITIES> 2,891,243 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 65,359 <OTHER-SE> 17,983,587 <TOTAL-LIABILITY-AND-EQUITY> 21,340,190 <SALES> 0 <TOTAL-REVENUES> 0 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 334,043 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (329,105) <INCOME-TAX> 0 <INCOME-CONTINUING> (329,105) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (329,105) <EPS-PRIMARY> (0.02) <EPS-DILUTED> (0.02)