<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> DEC-31-1996 <CASH> 11,100 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 30,700 <CURRENT-ASSETS> 62,900 <PP&E> 985,600 <DEPRECIATION> (317,600) <TOTAL-ASSETS> 765,300 <CURRENT-LIABILITIES> 212,300 <BONDS> 272,600 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,800 <COMMON> 1,000 <OTHER-SE> 259,700 <TOTAL-LIABILITY-AND-EQUITY> 765,300 <SALES> 108,200 <TOTAL-REVENUES> 108,200 <CGS> 69,000 <TOTAL-COSTS> 146,100 <OTHER-EXPENSES> 1,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,300<F1> <INCOME-PRETAX> (44,200) <INCOME-TAX> 10,000 <INCOME-CONTINUING> (34,200) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (34,200) <EPS-PRIMARY> (.42) <EPS-DILUTED> (.42) <FN> <F1>Net of interest income of $1.6 million and capitalized interest of $22.8 million. </FN>