<ARTICLE> 5 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> dec-31-1997 <PERIOD-END> jun-30-1997 <CASH> 549,722 <SECURITIES> 131,314 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 922,556 <PP&E> 10,603,814 <DEPRECIATION> 4,381,345 <TOTAL-ASSETS> 7,444,105 <CURRENT-LIABILITIES> 425,799 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,223,932 <TOTAL-LIABILITY-AND-EQUITY> 7,444,105 <SALES> 508,477 <TOTAL-REVENUES> 508,477 <CGS> 171,987 <TOTAL-COSTS> 234,479 <OTHER-EXPENSES> (5,558) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 116,469 <INCOME-PRETAX> (8,900) <INCOME-TAX> 0 <INCOME-CONTINUING> (8,900) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,900) <EPS-PRIMARY> (.52) <EPS-DILUTED> (.52)