<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