<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-1-1995 <PERIOD-END> JUN-30-1995 <CASH> 487,624 <SECURITIES> 928,400 <RECEIVABLES> 816,284 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,168,755 <PP&E> 39,850,101 <DEPRECIATION> 19,928,381 <TOTAL-ASSETS> 27,697,197 <CURRENT-LIABILITIES> 3,958,273 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 1,175,000 <PREFERRED> 3,996,215 <OTHER-SE> 10,393,848 <TOTAL-LIABILITY-AND-EQUITY> 27,697,197 <SALES> 1,949,199 <TOTAL-REVENUES> 4,872,401 <CGS> 1,998,484 <TOTAL-COSTS> 3,576,302 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 503,419 <INCOME-PRETAX> 629,135 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 629,135 <EPS-PRIMARY> 0 <EPS-DILUTED> 0