<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