<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 61,231 <SECURITIES> 0 <RECEIVABLES> 384,654 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 748,904 <PP&E> 5,455,520 <DEPRECIATION> 0 <TOTAL-ASSETS> 6,379,424 <CURRENT-LIABILITIES> 936,153 <BONDS> 0 <COMMON> 2,497 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 2,678,214 <TOTAL-LIABILITY-AND-EQUITY> 6,379,424 <SALES> 817,374 <TOTAL-REVENUES> 817,374 <CGS> 0 <TOTAL-COSTS> 787,339 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 82,190 <INCOME-PRETAX> (52,155) <INCOME-TAX> (19,800) <INCOME-CONTINUING> (32,355) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (32,355) <EPS-PRIMARY> (.01) <EPS-DILUTED> (.01)