<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the consolidated balance sheets and consolidated statements of operation found on pages 3 and 4 of the Company's Form 10-Q for the year-to-date, and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> MAR-31-1996 <CASH> 22,626 <SECURITIES> 0 <RECEIVABLES> 17,981 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 42,505 <PP&E> 316,174 <DEPRECIATION> 128,390 <TOTAL-ASSETS> 246,167 <CURRENT-LIABILITIES> 35,600 <BONDS> 125,176 <COMMON> 196 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 83,804 <TOTAL-LIABILITY-AND-EQUITY> 246,167 <SALES> 36,829 <TOTAL-REVENUES> 36,829 <CGS> 11,331 <TOTAL-COSTS> 28,939 <OTHER-EXPENSES> 258 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,512 <INCOME-PRETAX> 3,120 <INCOME-TAX> 1,219 <INCOME-CONTINUING> 1,901 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,901 <EPS-PRIMARY> .12 <EPS-DILUTED> 0