<ARTICLE> 5 <RESTATED> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 296,775 <SECURITIES> 0 <RECEIVABLES> 594,798 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 891,573 <PP&E> 17,107,551 <DEPRECIATION> 0 <TOTAL-ASSETS> 17,999,124 <CURRENT-LIABILITIES> 3,234,338 <BONDS> 1,773,121 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 21,319,145 <OTHER-SE> (8,327,480) <TOTAL-LIABILITY-AND-EQUITY> 17,999,124 <SALES> 539,611 <TOTAL-REVENUES> 539,611 <CGS> 403,406 <TOTAL-COSTS> 403,406 <OTHER-EXPENSES> 620,674 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 86,944 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 694,368 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 177,509 <EPS-BASIC> 0.08 <EPS-DILUTED> 0.05