<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S FINANCIAL STATEMENTS FOR ITS FIRST QUARTER OF FISCAL YEAR 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> MAR-31-1998 <CASH> 13,613 <SECURITIES> 0 <RECEIVABLES> 11,401 <ALLOWANCES> 0 <INVENTORY> 2,131 <CURRENT-ASSETS> 27,907 <PP&E> 125,908 <DEPRECIATION> 0 <TOTAL-ASSETS> 253,683 <CURRENT-LIABILITIES> 39,738 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68 <OTHER-SE> (1,562) <TOTAL-LIABILITY-AND-EQUITY> 253,683 <SALES> 17,629 <TOTAL-REVENUES> 17,629 <CGS> 8,902 <TOTAL-COSTS> 8,902 <OTHER-EXPENSES> 882 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,553 <INCOME-PRETAX> 4,292 <INCOME-TAX> 1,619 <INCOME-CONTINUING> 2,673 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,673 <EPS-PRIMARY> 0.39 <EPS-DILUTED> 0.38