<ARTICLE> 5 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 978,515 <SECURITIES> 3,561,963 <RECEIVABLES> 3,293,569 <ALLOWANCES> 0 <INVENTORY> 2,431,414 <CURRENT-ASSETS> 10,538,323 <PP&E> 103,072,136 <DEPRECIATION> (58,513,873) <TOTAL-ASSETS> 55,658,288 <CURRENT-LIABILITIES> 6,488,896 <BONDS> 6,144,227 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 12,205 <OTHER-SE> 36,529,581 <TOTAL-LIABILITY-AND-EQUITY> 55,658,288 <SALES> 13,011,283 <TOTAL-REVENUES> 13,011,283 <CGS> 30,932,738 <TOTAL-COSTS> 32,753,897 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 114,270 <INCOME-PRETAX> (19,712,567) <INCOME-TAX> (3,942,000) <INCOME-CONTINUING> (15,770,567) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (15,770,567) <EPS-PRIMARY> (1.31) <EPS-DILUTED> (1.31)