<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS--BALANCE SHEETS AT SEPTEMBER 30, 1998 (UNAUDITED) AND THE STATEMENTS OF OPERATIONS AT SEPTEMBER 30, 1998 (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> SEP-30-1998 <PERIOD-END> SEP-30-1998 <CASH> 2,288,537 <SECURITIES> 0 <RECEIVABLES> 4,135,655 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,796,987 <PP&E> 91,020,255 <DEPRECIATION> (32,863,730) <TOTAL-ASSETS> 65,653,579 <CURRENT-LIABILITIES> 6,915,051 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 3,627,000 <COMMON> 171,047 <OTHER-SE> 38,272,127 <TOTAL-LIABILITY-AND-EQUITY> 65,653,579 <SALES> 11,078,360 <TOTAL-REVENUES> 13,259,754 <CGS> 5,539,218 <TOTAL-COSTS> 5,539,218 <OTHER-EXPENSES> 11,452,996 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,428,633 <INCOME-PRETAX> (3,737,983) <INCOME-TAX> (1,270,914) <INCOME-CONTINUING> (2,467,069) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,535,014) <EPS-PRIMARY> (0.32) <EPS-DILUTED> (0.32)