<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements of Part I. Item 1. of the June 30, 1996 Form 10-Q and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 13739 <SECURITIES> 0 <RECEIVABLES> 692 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 14468 <PP&E> 242218 <DEPRECIATION> 110388 <TOTAL-ASSETS> 156024 <CURRENT-LIABILITIES> 6974 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 10 <OTHER-SE> ( 53551) <TOTAL-LIABILITY-AND-EQUITY> 156024 <SALES> 0 <TOTAL-REVENUES> 14079 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5067 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 9541 <INCOME-PRETAX> ( 529) <INCOME-TAX> ( 1329) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 800 <EPS-PRIMARY> .81 <EPS-DILUTED> .75