<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the balance sheet as of December 31, 1999, and statements of operations for the year ended December 31, 1999, and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 1,047,141 <SECURITIES> 317,084 <RECEIVABLES> 3,256,742 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,857,011 <PP&E> 50,223,280 <DEPRECIATION> 2,060,386 <TOTAL-ASSETS> 53,968,578 <CURRENT-LIABILITIES> 26,360,456 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,001,949 <COMMON> 86,836 <OTHER-SE> 21,694,434 <TOTAL-LIABILITY-AND-EQUITY> 53,968,578 <SALES> 4,973,508 <TOTAL-REVENUES> 4,973,508 <CGS> 1,330,526 <TOTAL-COSTS> 1,330,526 <OTHER-EXPENSES> 7,217,426 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 567,195 <INCOME-PRETAX> (28,946,667) <INCOME-TAX> 0 <INCOME-CONTINUING> (28,946,667) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (28,946,667) <EPS-BASIC> (0.36) <EPS-DILUTED> (0.36)