<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> APR-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,674 <SECURITIES> 0 <RECEIVABLES> 5,787 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,544 <PP&E> 100,771 <DEPRECIATION> 22,297 <TOTAL-ASSETS> 87,699 <CURRENT-LIABILITIES> 5,609 <BONDS> 21,154 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,916 <OTHER-SE> 49,513 <TOTAL-LIABILITY-AND-EQUITY> 87,699 <SALES> 10,127 <TOTAL-REVENUES> 10,209 <CGS> 6,226 <TOTAL-COSTS> 6,226 <OTHER-EXPENSES> 713 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 378 <INCOME-PRETAX> 3,074 <INCOME-TAX> 1,168 <INCOME-CONTINUING> 1,906 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,906 <EPS-PRIMARY> .16 <EPS-DILUTED> .16