<ARTICLE>                     5
<LEGEND>
     THIS SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION  EXTRACTED FROM THE
     BALANCE SHEET AT SEPTEMBER 30, 1998 AND THE STATEMENT OF OPERATIONS FOR THE
     NINE MONTHS  ENDED  SEPTMEBER  30,1998 AND IS  QUALIFIED IN ITS ENTIRETY BY
     REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                     1,000
<CURRENCY>                                U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<EXCHANGE-RATE>                                      1
<CASH>                                           8,117
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 8,117
<PP&E>                                       9,115,396
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               9,115,396
<CURRENT-LIABILITIES>                          434,236
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     8,720,693
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 9,154,928
<SALES>                                              0
<TOTAL-REVENUES>                                 2,156
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               102,848
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              22,529
<INCOME-PRETAX>                              (123,221)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (123,221)
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0