<ARTICLE> 5
<LEGEND>
The Schedule contains summary financial information extracted from the Company's
consolidated financial statements for the 12 months ended December 31, 1994 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                         1,000
<PERIOD-TYPE>                        12-MOS
<FISCAL-YEAR-END>                    DEC-31-1994
<PERIOD-END>                         DEC-31-1994
<CASH>                               9,973
<SECURITIES>                         0
<RECEIVABLES>                        15,140
<ALLOWANCES>                         0
<INVENTORY>                          293
<CURRENT-ASSETS>                     26,127
<PP&E>                               330,983
<DEPRECIATION>                       135,578
<TOTAL-ASSETS>                       223,894
<CURRENT-LIABILITIES>                30,229
<BONDS>                              100,840
<COMMON>                             5,739
<PREFERRED-MANDATORY>                0
<PREFERRED>                          4
<OTHER-SE>                           81,967
<TOTAL-LIABILITY-AND-EQUITY>         223,894
<SALES>                              50,033
<TOTAL-REVENUES>                     51,359
<CGS>                                0
<TOTAL-COSTS>                        102,792
<OTHER-EXPENSES>                     2,619
<LOSS-PROVISION>                     0
<INTEREST-EXPENSE>                   6,638
<INCOME-PRETAX>                      (60,690)
<INCOME-TAX>                         455
<INCOME-CONTINUING>                  (60,235)
<DISCONTINUED>                       0
<EXTRAORDINARY>                      5,419
<CHANGES>                            0
<NET-INCOME>                         (54,816)
<EPS-PRIMARY>                        (.70)
<EPS-DILUTED>                        (.70)