<ARTICLE> 5
<MULTIPLIER> 1

                                     
<PERIOD-TYPE>                           3-MOS
<FISCAL-YEAR-END>                       JUN-30-2000
<PERIOD-START>                          OCT-01-1999
<PERIOD-END>                            DEC-31-1999
<CASH>                                         625
<SECURITIES>                                     0
<RECEIVABLES>                                20298
<ALLOWANCES>                                     0
<INVENTORY>                                      0
<CURRENT-ASSETS>                             40363
<PP&E>                                   194466149
<DEPRECIATION>                              (26437)
<TOTAL-ASSETS>                            19500075
<CURRENT-LIABILITIES>                      4674696
<BONDS>                                          0
<PREFERRED-MANDATORY>                            0
<PREFERRED>                                      0
<COMMON>                                     88481
<OTHER-SE>                                14736898
<TOTAL-LIABILITY-AND-EQUITY>              19500075
<SALES>                                          0
<TOTAL-REVENUES>                                25
<CGS>                                            0
<TOTAL-COSTS>                                    0
<OTHER-EXPENSES>                            441749
<LOSS-PROVISION>                                 0
<INTEREST-EXPENSE>                          296358
<INCOME-PRETAX>                            (738082)
<INCOME-TAX>                                     0
<INCOME-CONTINUING>                        (738082)
<DISCONTINUED>                                   0
<EXTRAORDINARY>                                  0
<CHANGES>                                        0
<NET-INCOME>                               (738082)
<EPS-BASIC>                                    0
<EPS-DILUTED>                                    0