<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-START> JUL-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 11,785 <SECURITIES> 0 <RECEIVABLES> 20,806 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 35,519 <PP&E> 67,870 <DEPRECIATION> 20,010 <TOTAL-ASSETS> 130,620 <CURRENT-LIABILITIES> 22,413 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 37,096 <COMMON> 3 <OTHER-SE> (3,401) <TOTAL-LIABILITY-AND-EQUITY> 130,620 <SALES> 55,140 <TOTAL-REVENUES> 57,115 <CGS> 0 <TOTAL-COSTS> 45,535 <OTHER-EXPENSES> 10,565 <LOSS-PROVISION> 1,046 <INTEREST-EXPENSE> 3,245 <INCOME-PRETAX> (2,952) <INCOME-TAX> 431 <INCOME-CONTINUING> (3,383) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,383) <EPS-PRIMARY> (0.49) <EPS-DILUTED> 0