<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 21,800 <SECURITIES> 0 <RECEIVABLES> 8,200 <ALLOWANCES> 0 <INVENTORY> 33,300 <CURRENT-ASSETS> 79,600 <PP&E> 993,700 <DEPRECIATION> 332,700 <TOTAL-ASSETS> 772,100 <CURRENT-LIABILITIES> 239,400 <BONDS> 258,000 <PREFERRED-MANDATORY> 1,800 <PREFERRED> 0 <COMMON> 1,000 <OTHER-SE> 254,000 <TOTAL-LIABILITY-AND-EQUITY> 772,100 <SALES> 38,400 <TOTAL-REVENUES> 38,400 <CGS> 25,200 <TOTAL-COSTS> 39,300 <OTHER-EXPENSES> 3,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,900<F1> <INCOME-PRETAX> (6,100) <INCOME-TAX> 0 <INCOME-CONTINUING> (6,100) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 4,500 <NET-INCOME> (1,600) <EPS-PRIMARY> (.03) <EPS-DILUTED> (.03) <FN> <F1>Net of interest income of $0.3 million and capitalized interest of $4.2 million </FN>