<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the Financial Statements - Balance Sheets at June 30, 1996 (unaudited) and the Statements of Operations at June 30, 1996 (unaudited) and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS 6-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1995 DEC-31-1995 <PERIOD-END> MAR-31-1996 JUN-30-1996 SEP-30-1996 <CASH> 60,828 493,222 327,007 <SECURITIES> 0 0 0 <RECEIVABLES> 714,314 783,258 829,723 <ALLOWANCES> 0 0 0 <INVENTORY> 0 0 0 <CURRENT-ASSETS> 783,871 1,282,932 1,164,830 <PP&E> 11,907,545 12,329,198 12,760,800 <DEPRECIATION> 4,240,380 4,412,648 4,773,665 <TOTAL-ASSETS> 8,590,891 9,339,647 9,292,438 <CURRENT-LIABILITIES> 1,159,387 520,459 714,152 <BONDS> 3,992,578 5,064,226 4,848,310 <PREFERRED-MANDATORY> 852,642 677,965 528,183 <PREFERRED> 0 0 0 <COMMON> 26,378 26,378 26,378 <OTHER-SE> 3,241,040 3,415,717 3,565,499 <TOTAL-LIABILITY-AND-EQUITY> 8,590,891 9,339,647 9,292,438 <SALES> 1,019,307 1,101,645 1,103,117 <TOTAL-REVENUES> 1,049,629 1,409,629 1,126,878 <CGS> 673,613 637,587 694,861 <TOTAL-COSTS> 965,058 1,025,554 1,151,864 <OTHER-EXPENSES> 171,271 169,616 170,161 <LOSS-PROVISION> 0 0 0 <INTEREST-EXPENSE> 120,174 126,816 128,809 <INCOME-PRETAX> 84,572 384,075 (24,986) <INCOME-TAX> 0 0 0 <INCOME-CONTINUING> 84,572 384,075 (24,986) <DISCONTINUED> 0 0 158,033 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 84,572 384,075 (24,986) <EPS-PRIMARY> .06 .29 (.02) <EPS-DILUTED> .06 .29 (.02)