<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 564,922 <SECURITIES> 0 <RECEIVABLES> 12,188,673 <ALLOWANCES> 0 <INVENTORY> 1,880,225 <CURRENT-ASSETS> 14,984,873 <PP&E> 129,152,536 <DEPRECIATION> 41,124,846 <TOTAL-ASSETS> 140,915,945 <CURRENT-LIABILITIES> 13,172,345 <BONDS> 21,700,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 43,378,440 <OTHER-SE> 43,912,779 <TOTAL-LIABILITY-AND-EQUITY> 140,915,945 <SALES> 0 <TOTAL-REVENUES> 27,968,966 <CGS> 0 <TOTAL-COSTS> 18,875,412 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 553,701 <INCOME-PRETAX> 13,587,683 <INCOME-TAX> 5,202,359 <INCOME-CONTINUING> 8,385,324 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,385,324 <EPS-PRIMARY> 0.644 <EPS-DILUTED> 0.642