<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <CASH> 4,756 <SECURITIES> 6,584 <RECEIVABLES> 7,410 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 19,015 <PP&E> 120,935 <DEPRECIATION> 24,791 <TOTAL-ASSETS> 115,203 <CURRENT-LIABILITIES> 7,087 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 61,749 <TOTAL-LIABILITY-AND-EQUITY> 115,203 <SALES> 17,730 <TOTAL-REVENUES> 18,667 <CGS> 5,333 <TOTAL-COSTS> 5,333 <OTHER-EXPENSES> 6,695 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 801 <INCOME-PRETAX> 3,853 <INCOME-TAX> 1,454 <INCOME-CONTINUING> 2,399 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,399 <EPS-PRIMARY> .18 <EPS-DILUTED> .18