<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 1,290,815 <SECURITIES> 0 <RECEIVABLES> 1,166,110 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,456,925 <PP&E> 4,785,769 <DEPRECIATION> 1,123,029 <TOTAL-ASSETS> 6,119,665 <CURRENT-LIABILITIES> 16,942 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,102,723 <TOTAL-LIABILITY-AND-EQUITY> 6,119,665 <SALES> 0 <TOTAL-REVENUES> 195,573 <CGS> 0 <TOTAL-COSTS> 20,435 <OTHER-EXPENSES> 26,570 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 254,415 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 254,415 <EPS-PRIMARY> 0 <EPS-DILUTED> 1.86