<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,029,039 <SECURITIES> 0 <RECEIVABLES> 8,674,508 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,957,312 <PP&E> 53,317,721 <DEPRECIATION> 7,481,889 <TOTAL-ASSETS> 66,901,156 <CURRENT-LIABILITIES> 11,004,320 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 30,185 <OTHER-SE> 20,881,144 <TOTAL-LIABILITY-AND-EQUITY> 66,901,156 <SALES> 68,342,348 <TOTAL-REVENUES> 68,342,348 <CGS> 54,359,996 <TOTAL-COSTS> 54,359,996 <OTHER-EXPENSES> 7,528,888 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,767,828 <INCOME-PRETAX> 5,752,654 <INCOME-TAX> 2,358,000 <INCOME-CONTINUING> 3,394,654 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,394,654 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50