<ARTICLE>     5                                                   
<LEGEND>      THIS SCHEDULE CONTAINS SUMMARY FINANCIAL
              INFORMATION EXTRACTED FROM THE REGISTRANT'S
              FINANCIAL STATEMENTS FOR ITS FIRST QUARTER OF
              FISCAL YEAR 1997 AND IS QUALIFIED IN ITS
              ENTIRETY BY REFERENCE TO SUCH FINANCIAL
              STATEMENTS                                          
                           
<PERIOD-TYPE>                 3-MOS
<FISCAL-YEAR-END>                                      Dec-31-1997
<PERIOD-END>                                           Mar-31-1997
<CASH>                                                       4,861
<SECURITIES>                                                     0
<RECEIVABLES>                                               10,239
<ALLOWANCES>                                                     0
<INVENTORY>                                                  2,674
<CURRENT-ASSETS>                                            31,528
<PP&E>                                                     132,488
<DEPRECIATION>                                                   0
<TOTAL-ASSETS>                                             174,163
<CURRENT-LIABILITIES>                                       25,511
<BONDS>                                                          0
<COMMON>                                                        64
<PREFERRED-MANDATORY>                                            0
<PREFERRED>                                                      0
<OTHER-SE>                                                 (26,561)
<TOTAL-LIABILITY-AND-EQUITY>                               174,163
<SALES>                                                     17,457
<TOTAL-REVENUES>                                            17,457
<CGS>                                                        7,442
<TOTAL-COSTS>                                                7,442
<OTHER-EXPENSES>                                             2,052
<LOSS-PROVISION>                                                 0
<INTEREST-EXPENSE>                                           3,537
<INCOME-PRETAX>                                              4,426
<INCOME-TAX>                                                   339
<INCOME-CONTINUING>                                          4,087
<DISCONTINUED>                                                   0
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                                 4,087
<EPS-PRIMARY>                                                 0.62
<EPS-DILUTED>                                                 0.62