<ARTICLE>  5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM REGISTRANT'S
FINANCIAL STATEMENTS FOR THE QUARTER ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>  1,000
       
                                         
<PERIOD-TYPE>                               9-MOS
<FISCAL-YEAR-END>                           DEC-31-1998
<PERIOD-END>                                SEP-30-1998
<CASH>                                          2,893
<SECURITIES>                                      412
<RECEIVABLES>                                   3,294
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                                6,599
<PP&E>                                        150,755
<DEPRECIATION>                                 23,477
<TOTAL-ASSETS>                                134,877
<CURRENT-LIABILITIES>                          31,339
<BONDS>                                             0
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                      109,455
<OTHER-SE>                                   (15,117)
<TOTAL-LIABILITY-AND-EQUITY>                  134,877
<SALES>                                             0
<TOTAL-REVENUES>                               13,764
<CGS>                                               0
<TOTAL-COSTS>                                   8,059
<OTHER-EXPENSES>                                    0
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                              2,308
<INCOME-PRETAX>                                 3,434
<INCOME-TAX>                                        0
<INCOME-CONTINUING>                                 0
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                    3,434
<EPS-PRIMARY>                                    0.28
<EPS-DILUTED>                                    0.28