<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> JUN-30-1999 <CASH> 2,752 <SECURITIES> 0 <RECEIVABLES> 3,059 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 6,191 <PP&E> 107,212 <DEPRECIATION> 0 <TOTAL-ASSETS> 117,174 <CURRENT-LIABILITIES> 17,034 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 143 <OTHER-SE> 11,060 <TOTAL-LIABILITY-AND-EQUITY> 117,174 <SALES> 6,746 <TOTAL-REVENUES> 6,907 <CGS> 0 <TOTAL-COSTS> 1,539 <OTHER-EXPENSES> 17,194 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,877 <INCOME-PRETAX> (17,703) <INCOME-TAX> 0 <INCOME-CONTINUING> (17,703) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (17,703) <EPS-BASIC> (1.28) <EPS-DILUTED> (1.28)