<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM JUNE 30, 1999 FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BE REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 213,013 <SECURITIES> 0 <RECEIVABLES> 17,663 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 255,268 <PP&E> 1,049,952 <DEPRECIATION> 478,950 <TOTAL-ASSETS> 937,678 <CURRENT-LIABILITIES> 73,165 <BONDS> 408,962 <PREFERRED-MANDATORY> 0 <PREFERRED> 370,967 <COMMON> 359 <OTHER-SE> 73,286 <TOTAL-LIABILITY-AND-EQUITY> 937,678 <SALES> 108,792 <TOTAL-REVENUES> 108,792 <CGS> 38,162 <TOTAL-COSTS> 38,162 <OTHER-EXPENSES> 30,656 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 11,937 <INCOME-PRETAX> 22,484 <INCOME-TAX> 9,714 <INCOME-CONTINUING> 12,770 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 12,770 <EPS-BASIC> (0.03) <EPS-DILUTED> (0.03)