<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM APPLICABLE FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> DEC-31-1998 <CASH> 15,588 <SECURITIES> 0 <RECEIVABLES> 42,530 <ALLOWANCES> 2,504 <INVENTORY> 0 <CURRENT-ASSETS> 72,358 <PP&E> 1,126,272 <DEPRECIATION> (674,887) <TOTAL-ASSETS> 565,070 <CURRENT-LIABILITIES> 61,592 <BONDS> 222,444 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 424 <OTHER-SE> 233,876 <TOTAL-LIABILITY-AND-EQUITY> 565,070 <SALES> 0 <TOTAL-REVENUES> 219,052 <CGS> 0 <TOTAL-COSTS> 240,049 <OTHER-EXPENSES> (81) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 18,987 <INCOME-PRETAX> (39,391) <INCOME-TAX> (4,997) <INCOME-CONTINUING> (40,926) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (40,926) <EPS-PRIMARY> (.97)<F1> <EPS-DILUTED> (.97)<F1> <FN> <F1>A ONE-FOR-THREE REVERSE STOCK SPLIT WAS EFFECTIVE DECEMBER 8, 1998. PRIOR FINANCIAL DATA SCHEDULES HAVE NOT BEEN RESTATED FOR THIS RECAPITALIZATION. </FN>