<ARTICLE> 5
<MULTIPLIER> 1,000
       
                                                  
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1998
<PERIOD-START>                             APR-01-1998             JAN-01-1998
<PERIOD-END>                               JUN-30-1998             JUN-30-1998
<CASH>                                          76,468                       0
<SECURITIES>                                     1,149                       0
<RECEIVABLES>                                    3,056                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                                85,189                  85,189 
<PP&E>                                         264,581                 264,581 
<DEPRECIATION>                                   4,352                   4,352 
<TOTAL-ASSETS>                                 374,512                 374,512 
<CURRENT-LIABILITIES>                           26,243                  26,243 
<BONDS>                                        175,165                 175,165 
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                           158                     158 
<OTHER-SE>                                     133,873                 133,873 
<TOTAL-LIABILITY-AND-EQUITY>                   374,512                 374,512 
<SALES>                                         21,353                  40,296
<TOTAL-REVENUES>                                21,353                  40,296
<CGS>                                           28,184<F1>              45,596<F1>
<TOTAL-COSTS>                                   28,184<F1>              45,596<F1>
<OTHER-EXPENSES>                                     0                       0    
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                 380                     653
<INCOME-PRETAX>                                (4,836)                 (1,504)
<INCOME-TAX>                                     (458)                     809
<INCOME-CONTINUING>                            (4,378)                 (5,083)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                   2,770<F2>
<NET-INCOME>                                         0                       0
<EPS-PRIMARY>                                    (.28)                   (.32)
<EPS-DILUTED>                                    (.28)                   (.32)
<FN>
<F1>INCLUDES NON-RECURRING CHARGE OF $8,495.
<F2>ADOPTION OF AICPA SOP 98-5.
</FN>