<ARTICLE> 5 <LEGEND> THE FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 8,358 <SECURITIES> 0 <RECEIVABLES> 18,449 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 28,142 <PP&E> 370,046 <DEPRECIATION> 159,507 <TOTAL-ASSETS> 240,628 <CURRENT-LIABILITIES> 47,304 <BONDS> 60,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 4 <COMMON> 785 <OTHER-SE> 129,590 <TOTAL-LIABILITY-AND-EQUITY> 240,628 <SALES> 76,228 <TOTAL-REVENUES> 77,487 <CGS> 0 <TOTAL-COSTS> 81,283 <OTHER-EXPENSES> 289 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,239 <INCOME-PRETAX> (8,324) <INCOME-TAX> 281 <INCOME-CONTINUING> (8,605) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (8,605) <EPS-PRIMARY> (0.84) <EPS-DILUTED> (0.84)