<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JUL-01-1997 <PERIOD-END> SEP-30-1997 <CASH> 20,823,448 <SECURITIES> 0 <RECEIVABLES> 14,572,582 <ALLOWANCES> 0 <INVENTORY> 9,569,416 <CURRENT-ASSETS> 0 <PP&E> 126,432,420 <DEPRECIATION> 17,328,284 <TOTAL-ASSETS> 173,018,456 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 16,276,933 <OTHER-SE> 12,886,567 <TOTAL-LIABILITY-AND-EQUITY> 173,018,456 <SALES> 8,181,648 <TOTAL-REVENUES> 14,368,507 <CGS> 6,077,883 <TOTAL-COSTS> 9,514,231 <OTHER-EXPENSES> 2,434,013 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 2,420,263 <INCOME-TAX> 969,327 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,450,936 <EPS-PRIMARY> 0.25 <EPS-DILUTED> 0.25