<ARTICLE> 5 <MULTIPLIER> 1,000 <CURRENCY> US $ <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-START> JAN-01-1996 <PERIOD-END> SEP-30-1996 <EXCHANGE-RATE> 1 <CASH> 4,880 <SECURITIES> 13,176 <RECEIVABLES> 14,861 <ALLOWANCES> 0 <INVENTORY> 1,696 <CURRENT-ASSETS> 34,613 <PP&E> 302,686 <DEPRECIATION> (53,147) <TOTAL-ASSETS> 284,152 <CURRENT-LIABILITIES> 25,569 <BONDS> 0 <COMMON> 147 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,150 <OTHER-SE> 111,569 <TOTAL-LIABILITY-AND-EQUITY> 284,152 <SALES> 49,878 <TOTAL-REVENUES> 65,600 <CGS> 18,268 <TOTAL-COSTS> 28,123 <OTHER-EXPENSES> 25,014 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 5,563 <INCOME-PRETAX> 12,463 <INCOME-TAX> 4,360 <INCOME-CONTINUING> 8,103 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,103 <EPS-PRIMARY> 0.43 <EPS-DILUTED> 0.43