<ARTICLE> 5 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-1-2000 <PERIOD-END> MAR-31-2000 <CASH> 1,677,000 <SECURITIES> 5,048,000 <RECEIVABLES> 1,889,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 9,550,000 <PP&E> 197,028,000 <DEPRECIATION> 117,238,000 <TOTAL-ASSETS> 89,320,000 <CURRENT-LIABILITIES> 6,806,000 <BONDS> 0 <COMMON> 10,014,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 13,176,000 <TOTAL-LIABILITY-AND-EQUITY> 89,320,000 <SALES> 1,345,000 <TOTAL-REVENUES> 4,570,000 <CGS> 536,000 <TOTAL-COSTS> 3,547,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,024,000 <INCOME-PRETAX> 145,000 <INCOME-TAX> 13,000 <INCOME-CONTINUING> 132,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 132,000 <EPS-BASIC> (.02) <EPS-DILUTED> (.02)