<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> MAR-01-1996 <PERIOD-END> JUN-30-1996 <CASH> 2,180 <SECURITIES> 13,053 <RECEIVABLES> 10,012 <ALLOWANCES> 0 <INVENTORY> 1,426 <CURRENT-ASSETS> 14,371 <PP&E> 287,513 <DEPRECIATION> 122,356 <TOTAL-ASSETS> 193,102 <CURRENT-LIABILITIES> 13,312 <BONDS> 75,625 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 27,347 <OTHER-SE> 65,740 <TOTAL-LIABILITY-AND-EQUITY> 193,102 <SALES> 39,532 <TOTAL-REVENUES> 39,930 <CGS> 12,133 <TOTAL-COSTS> 29,098 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,728 <INCOME-PRETAX> (4,029) <INCOME-TAX> (173) <INCOME-CONTINUING> (3,856) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,856) <EPS-PRIMARY> (.43) <EPS-DILUTED> (.43)