<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FIRST QUARTER 10Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1 <CURRENCY> CANADIAN DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <EXCHANGE-RATE> 0.7361 <CASH> 1,190,365 <SECURITIES> 0 <RECEIVABLES> 3,194,462 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,510,502 <PP&E> 52,000,745 <DEPRECIATION> 17,104,931 <TOTAL-ASSETS> 41,383,801 <CURRENT-LIABILITIES> 2,684,900 <BONDS> 6,884,887 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 31,709,515 <OTHER-SE> (110,519) <TOTAL-LIABILITY-AND-EQUITY> 41,383,801 <SALES> 3,380,171 <TOTAL-REVENUES> 3,393,515 <CGS> 1,353,988 <TOTAL-COSTS> 3,026,978 <OTHER-EXPENSES> 158,789 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 134,456 <INCOME-PRETAX> 207,748 <INCOME-TAX> 0 <INCOME-CONTINUING> 207,748 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 207,748 <EPS-PRIMARY> 0.02 <EPS-DILUTED> 0.02