<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 1,541 <SECURITIES> 0 <RECEIVABLES> 5,602 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,776 <PP&E> 143,034 <DEPRECIATION> 28,847 <TOTAL-ASSETS> 128,290 <CURRENT-LIABILITIES> 23,424 <BONDS> 41,400 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 128 <OTHER-SE> 14,599 <TOTAL-LIABILITY-AND-EQUITY> 128,290 <SALES> 21,722 <TOTAL-REVENUES> 21,472 <CGS> 0 <TOTAL-COSTS> 8,518 <OTHER-EXPENSES> 27,106 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,362 <INCOME-PRETAX> (19,184) <INCOME-TAX> (2,775) <INCOME-CONTINUING> (16,409) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (16,409) <EPS-PRIMARY> (1.32) <EPS-DILUTED> (1.32)