<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 588,253 <SECURITIES> 3,386,821 <RECEIVABLES> 4,519,536 <ALLOWANCES> 0 <INVENTORY> 96,450 <CURRENT-ASSETS> 10,663,548 <PP&E> 99,415,460 <DEPRECIATION> (38,074,879) <TOTAL-ASSETS> 73,278,344 <CURRENT-LIABILITIES> 4,756,296 <BONDS> 6,462,438 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,205 <OTHER-SE> 52,003,683 <TOTAL-LIABILITY-AND-EQUITY> 73,278,344 <SALES> 6,061,966 <TOTAL-REVENUES> 6,061,966 <CGS> 5,333,489 <TOTAL-COSTS> 5,932,940 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 36,820 <INCOME-PRETAX> 139,099 <INCOME-TAX> 28,000 <INCOME-CONTINUING> 111,099 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 111,099 <EPS-PRIMARY> .01 <EPS-DILUTED> .01