<ARTICLE> 5 <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1998 DEC-31-1997 <PERIOD-END> MAR-31-1998 MAR-31-1997<F1> <CASH> 2,924,579 3,049,475 <SECURITIES> 0 0 <RECEIVABLES> 6,301,598 8,793,047 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 12,744,501 13,106,859 <PP&E> 86,966,665 55,584,103 <DEPRECIATION> 10,732,697 7,000,865 <TOTAL-ASSETS> 100,304,176 72,190,598 <CURRENT-LIABILITIES> 17,336,091 13,326,233 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 31,061 31,461 <OTHER-SE> 20,428,928 21,749,798 <TOTAL-LIABILITY-AND-EQUITY> 100,304,176 72,190,598 <SALES> 14,037,709 16,069,290 <TOTAL-REVENUES> 14,037,709 16,069,290 <CGS> 12,801,115 13,964,882 <TOTAL-COSTS> 12,801,115 13,964,882 <OTHER-EXPENSES> 1,989,361 2,273,075 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 1,471,089 810,007 <INCOME-PRETAX> (1,913,091) (874,652) <INCOME-TAX> (784,000) (409,000) <INCOME-CONTINUING> (1,129,091) (465,652) <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> (1,129,091) (465,652) <EPS-PRIMARY> (0.18) (0.08) <EPS-DILUTED> (0.19) (0.09) <FN> <F1>Restated. </FN>