<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 454,890 <SECURITIES> 0 <RECEIVABLES> 3,214,526 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,984,559 <PP&E> 95,561,997 <DEPRECIATION> 35,618,237 <TOTAL-ASSETS> 64,757,534 <CURRENT-LIABILITIES> 5,171,061 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 163,736 <OTHER-SE> 5,214,621 <TOTAL-LIABILITY-AND-EQUITY> 64,757,534 <SALES> 18,754,647 <TOTAL-REVENUES> 18,754,647 <CGS> 0 <TOTAL-COSTS> 11,506,345 <OTHER-EXPENSES> 2,764,596 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,144,392 <INCOME-PRETAX> 559,552 <INCOME-TAX> 653,000 <INCOME-CONTINUING> (93,448) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (93,448) <EPS-BASIC> (0.04) <EPS-DILUTED> (0.04)