<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONDENSED FINANCIAL STATEMENTS CONTAINED ON FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 416 <SECURITIES> 0 <RECEIVABLES> 2,869 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,507 <PP&E> 40,734 <DEPRECIATION> 11,456 <TOTAL-ASSETS> 32,874 <CURRENT-LIABILITIES> 1,268 <BONDS> 16,213 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13,438 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 32,874 <SALES> 9,693 <TOTAL-REVENUES> 9,693 <CGS> 1,902 <TOTAL-COSTS> 4,907 <OTHER-EXPENSES> (57) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 932 <INCOME-PRETAX> 3,912 <INCOME-TAX> 1,330 <INCOME-CONTINUING> 2,582 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,582 <EPS-PRIMARY> .17 <EPS-DILUTED> .17