<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,540,940 <SECURITIES> 2,322,437 <RECEIVABLES> 3,125,864 <ALLOWANCES> 0 <INVENTORY> 2,842,731 <CURRENT-ASSETS> 10,131,443 <PP&E> 66,312,297 <DEPRECIATION> (23,803,445) <TOTAL-ASSETS> 53,089,182 <CURRENT-LIABILITIES> 9,343,910 <BONDS> 6,957,185 <COMMON> 8,918 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 30,602,024 <TOTAL-LIABILITY-AND-EQUITY> 53,089,182 <SALES> 7,770,697 <TOTAL-REVENUES> 7,770,697 <CGS> 5,747,305 <TOTAL-COSTS> 7,284,939 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 236,814 <INCOME-PRETAX> 372,063 <INCOME-TAX> 74,000 <INCOME-CONTINUING> 298,063 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 298,063 <EPS-PRIMARY> .03 <EPS-DILUTED> .03