<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1996 <PERIOD-END> MAR-31-1997 <CASH> 774,647 <SECURITIES> 0 <RECEIVABLES> 978,119 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,312,009 <PP&E> 12,508,364 <DEPRECIATION> 2,411,154 <TOTAL-ASSETS> 14,744,861 <CURRENT-LIABILITIES> 1,865,226 <BONDS> 12,845,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 17,764 <OTHER-SE> (268,470) <TOTAL-LIABILITY-AND-EQUITY> 14,744,861 <SALES> 0 <TOTAL-REVENUES> 5,225,637 <CGS> 0 <TOTAL-COSTS> 4,302,284 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 676,978 <INCOME-PRETAX> 114,272 <INCOME-TAX> 45,709 <INCOME-CONTINUING> 68,563 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 68,563 <EPS-PRIMARY> 0 <EPS-DILUTED> 0