<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <CASH> 8,543 <SECURITIES> 0 <RECEIVABLES> 6,524 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 16,153 <PP&E> 515,317 <DEPRECIATION> 298,949 <TOTAL-ASSETS> 242,160 <CURRENT-LIABILITIES> 275,764 <BONDS> 0 <COMMON> 2,854 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (47,435) <TOTAL-LIABILITY-AND-EQUITY> 242,160 <SALES> 23,708 <TOTAL-REVENUES> 23,708 <CGS> 0 <TOTAL-COSTS> 21,259 <OTHER-EXPENSES> 4,779 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 21,839 <INCOME-PRETAX> (24,169) <INCOME-TAX> 0 <INCOME-CONTINUING> (24,169) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (24,169) <EPS-PRIMARY> (.89) <EPS-DILUTED> (.89)