<ARTICLE> 5 <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 3,593,206 <SECURITIES> 100,000 <RECEIVABLES> 5,541,471 <ALLOWANCES> 0 <INVENTORY> 230,920 <CURRENT-ASSETS> 12,323,201 <PP&E> 64,354,260 <DEPRECIATION> 19,671,532 <TOTAL-ASSETS> 57,261,979 <CURRENT-LIABILITIES> 9,828,635 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,701 <OTHER-SE> 23,884,046 <TOTAL-LIABILITY-AND-EQUITY> 57,261,979 <SALES> 0 <TOTAL-REVENUES> 65,523,412 <CGS> 0 <TOTAL-COSTS> 62,872,927 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,244,126 <INCOME-PRETAX> 1,406,359 <INCOME-TAX> 578,742 <INCOME-CONTINUING> 827,617 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 827,617 <EPS-PRIMARY> .22 <EPS-DILUTED> .22