<ARTICLE> 5
<MULTIPLIER> 1
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                       1,086,468
<SECURITIES>                                 1,097,200
<RECEIVABLES>                                1,075,861
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             4,154,363
<PP&E>                                      38,864,998
<DEPRECIATION>                              19,360,919
<TOTAL-ASSETS>                              29,184,098
<CURRENT-LIABILITIES>                        6,043,788
<BONDS>                                              0
<COMMON>                                     3,996,215
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                  1,175,000
<OTHER-SE>                                   9,969,095
<TOTAL-LIABILITY-AND-EQUITY>                29,184,098
<SALES>                                        918,549
<TOTAL-REVENUES>                             1,554,665
<CGS>                                          885,932
<TOTAL-COSTS>                                1,489,034
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             265,049
<INCOME-PRETAX>                              (199,418)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (199,418)
<EPS-PRIMARY>                                    (.02)
<EPS-DILUTED>                                    (.02)