PLAINS RESOURCES INC &lt;PLNS> YEAR LOSS

  Oper shr loss 31 cts vs profit three cts
      Oper net loss 887,886 vs profit 646,250
      Revs 9,724,418 vs 10.8 mln
      Note: Year-ago oper net excludes tax credit of 230,000
  dlrs.
  

