<ARTICLE> 5 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 16,934,276 <SECURITIES> 2,779,840 <RECEIVABLES> 1,829,539 <ALLOWANCES> 0 <INVENTORY> 3,575,285 <CURRENT-ASSETS> 25,446,858 <PP&E> 71,911,546 <DEPRECIATION> (29,335,818) <TOTAL-ASSETS> 68,793,670 <CURRENT-LIABILITIES> 10,177,635 <BONDS> 6,407,054 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10,966 <OTHER-SE> 45,285,726 <TOTAL-LIABILITY-AND-EQUITY> 68,793,670 <SALES> 24,264,309 <TOTAL-REVENUES> 24,264,309 <CGS> 20,122,719 <TOTAL-COSTS> 23,177,413 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 610,403 <INCOME-PRETAX> 758,863 <INCOME-TAX> 0 <INCOME-CONTINUING> 758,863 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 758,863 <EPS-PRIMARY> .08 <EPS-DILUTED> .08