<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JUL-01-1995 <PERIOD-END> SEP-30-1995 <CASH> 286,970 <SECURITIES> 0 <RECEIVABLES> 1,152,363 <ALLOWANCES> 0 <INVENTORY> 629,402 <CURRENT-ASSETS> 2,674,736 <PP&E> 51,415,323 <DEPRECIATION> 22,050,918 <TOTAL-ASSETS> 32,332,170 <CURRENT-LIABILITIES> 4,014,632 <BONDS> 6,601,421 <COMMON> 1,812,518 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 19,903,599 <TOTAL-LIABILITY-AND-EQUITY> 32,332,170 <SALES> 704,803 <TOTAL-REVENUES> 770,641 <CGS> 70,068 <TOTAL-COSTS> 373,500 <OTHER-EXPENSES> 1,072,093 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 237,005 <INCOME-PRETAX> (674,952) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (674,952) <EPS-PRIMARY> (.04) <EPS-DILUTED> 0