<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 <PERIOD-START> JUL-01-1997 JAN-01-1997 <PERIOD-END> SEP-30-1997 SEP-30-1997 <CASH> 5,437 5,437 <SECURITIES> 1,840 1,840 <RECEIVABLES> 2,082 2,082 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 11,591 11,591 <PP&E> 158,766 158,766 <DEPRECIATION> 1,840 1,840 <TOTAL-ASSETS> 175,551 175,551 <CURRENT-LIABILITIES> 73,652 73,652 <BONDS> 39,945 39,945 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 111 111 <OTHER-SE> 61,843 61,843 <TOTAL-LIABILITY-AND-EQUITY> 175,551 175,551 <SALES> 12,505 32,597 <TOTAL-REVENUES> 12,505 32,597 <CGS> 7,897 20,146 <TOTAL-COSTS> 7,897 20,146 <OTHER-EXPENSES> 4,187 10,281 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 245 653 <INCOME-PRETAX> 1,607 3,706 <INCOME-TAX> 611 1,079 <INCOME-CONTINUING> 996 2,627 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 996 2,627 <EPS-PRIMARY> .09 .23 <EPS-DILUTED> .09 .23