<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM MARCH 31,
1996 10Q AMENDMENT NO.1 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED> 
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                       3,133,207
<SECURITIES>                                         0
<RECEIVABLES>                                1,401,026
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             5,155,471
<PP&E>                                      25,304,139
<DEPRECIATION>                               6,474,301
<TOTAL-ASSETS>                              25,956,873
<CURRENT-LIABILITIES>                        5,764,127
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        26,544
<OTHER-SE>                                   5,832,590
<TOTAL-LIABILITY-AND-EQUITY>                25,956,873
<SALES>                                      4,128,035
<TOTAL-REVENUES>                             4,181,201
<CGS>                                                0
<TOTAL-COSTS>                                3,037,413
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             457,307
<INCOME-PRETAX>                                686,481
<INCOME-TAX>                                   229,000
<INCOME-CONTINUING>                            457,481
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   457,481
<EPS-PRIMARY>                                      .14
<EPS-DILUTED>                                        0