<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                       2,195,651
<SECURITIES>                                         0
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<ALLOWANCES>                                         0
<INVENTORY>                                          0
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<PP&E>                                      90,484,608
<DEPRECIATION>                            (15,465,962)
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<BONDS>                                     52,696,966<F1>
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<TOTAL-LIABILITY-AND-EQUITY>                83,334,261
<SALES>                                      3,193,333
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<CGS>                                          904,095<F2>
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<LOSS-PROVISION>                                     0
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<FN>
<F1>14 7/8% Senior Secured Notes Due 2002
<F2>Oil and Gas Production Costs and Gas Plant Costs
<F3>Exploration, DD&A, G&A and other
</FN>