<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements contained in the registrant's quarterly report on Form 10-Q for the period ended March 31, 1997. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 953,056 <SECURITIES> 0 <RECEIVABLES> 7,713,425 <ALLOWANCES> 0 <INVENTORY> 294,871 <CURRENT-ASSETS> 9,965,610 <PP&E> 24,079,246 <DEPRECIATION> 0 <TOTAL-ASSETS> 42,336,875 <CURRENT-LIABILITIES> 16,531,258 <BONDS> 5,984,199 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 15,114 <OTHER-SE> 19,806,304 <TOTAL-LIABILITY-AND-EQUITY> 42,336,875 <SALES> 9,719,418 <TOTAL-REVENUES> 9,719,418 <CGS> 7,182,987 <TOTAL-COSTS> 7,182,987 <OTHER-EXPENSES> 2,295,578 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 241,643 <INCOME-TAX> 65,244 <INCOME-CONTINUING> 176,399 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 176,399 <EPS-PRIMARY> .01 <EPS-DILUTED> 0