<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM QUARTERLY REPORT ON FORM 10QSB FOR THE QUARTERLY PERIOD 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> 725 <SECURITIES> 0 <RECEIVABLES> 7,309 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,034 <PP&E> 145,430 <DEPRECIATION> (18,208) <TOTAL-ASSETS> 142,196 <CURRENT-LIABILITIES> 7,595 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 128 <OTHER-SE> 26,056 <TOTAL-LIABILITY-AND-EQUITY> 142,196 <SALES> 15,520 <TOTAL-REVENUES> 15,514 <CGS> 0 <TOTAL-COSTS> 5,960 <OTHER-EXPENSES> 11,291 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,554 <INCOME-PRETAX> (5,071) <INCOME-TAX> (247) <INCOME-CONTINUING> (4,824) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,824) <EPS-PRIMARY> (.39) <EPS-DILUTED> (.39)