<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