<ARTICLE>  5
<LEGEND>
THE  SCHEDULE   CONTAINS   SUMMARY   FINANCIAL   INFORMATION   EXTRACTED   FROM
REGISTRANT'S  FINANCIAL  STATEMENTS  FOR THE QUARTER ENDED JUNE 30, 1999 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>  1,000

                                         
<PERIOD-TYPE>                             6-MOS
<FISCAL-YEAR-END>                   DEC-31-1999
<PERIOD-END>                        JUN-30-1999
<CASH>                                    3,607
<SECURITIES>                             12,938
<RECEIVABLES>                             4,117
<ALLOWANCES>                                  0
<INVENTORY>                                   0
<CURRENT-ASSETS>                         20,662
<PP&E>                                  134,638
<DEPRECIATION>                           23,016
<TOTAL-ASSETS>                          132,284
<CURRENT-LIABILITIES>                    30,285
<BONDS>                                       0
<PREFERRED-MANDATORY>                         0
<PREFERRED>                                   0
<COMMON>                                109,455
<OTHER-SE>                             (16,595)
<TOTAL-LIABILITY-AND-EQUITY>            132,284
<SALES>                                       0
<TOTAL-REVENUES>                          7,981
<CGS>                                         0
<TOTAL-COSTS>                             5,114
<OTHER-EXPENSES>                              0
<LOSS-PROVISION>                              0
<INTEREST-EXPENSE>                        1,184
<INCOME-PRETAX>                           1,311
<INCOME-TAX>                                  0
<INCOME-CONTINUING>                           0
<DISCONTINUED>                                0
<EXTRAORDINARY>                               0
<CHANGES>                                     0
<NET-INCOME>                              1,311
<EPS-BASIC>                              0.11
<EPS-DILUTED>                              0.11