<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED STATEMENT OF INCOME FOR THE QUARTER ENDED MARCH 31, 1996 AND THE CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> (106,433) <SECURITIES> 0 <RECEIVABLES> 805,906 <ALLOWANCES> 0 <INVENTORY> 157,746 <CURRENT-ASSETS> 1,016,430 <PP&E> 15,577,650 <DEPRECIATION> (11,553,323) <TOTAL-ASSETS> 5,914,779 <CURRENT-LIABILITIES> 1,570,647 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 942,300 <COMMON> 259,080 <OTHER-SE> 3,142,752 <TOTAL-LIABILITY-AND-EQUITY> 5,914,779 <SALES> 0 <TOTAL-REVENUES> 2,466,591 <CGS> 0 <TOTAL-COSTS> 2,300,655 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 169,937 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 0 <EPS-PRIMARY> 0 <EPS-DILUTED> 15.23