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PLAINS RESOURCES ANNOUNCES MIAMI FEE SIDETRACK RESULTS

 PLAINS RESOURCES ANNOUNCES MIAMI FEE SIDETRACK RESULTS
 HOUSTON, Aug. 14 /PRNewswire/ -- Plains Resources (AMEX: PLX)


said today that it had logged the sidetrack to its Miami Fee No. 1 well in
Cameron Parish, La., and was preparing to run production casing. The company said the total Vicksburg interval encountered in the sidetrack hole was substantially expanded from that seen in the Miami Fee No. 1. However, pay sands in the sidetrack do not appear to be as well developed as those found in the discovery well.
 Plains said it had encountered about 1,000 feet of Vicksburg section in the sidetrack, compared to the approximately 450 feet of Vicksburg section present in the initial Miami Fee No. 1 wellbore. However, the Vicksburg interval in the sidetrack appears to contain substantially less net pay sands than were present in the Miami Fee No. 1. The company said a production test would be required to evaluate the full extent and productive capacity of these sands.
 Plains also said that the Miami Fee No. 2 well, an 18,000 foot Eocene test located approximately 4,000 feet to the east of the Miami Fee No. 1 well, is currently drilling at about 16,000 feet. Based upon the thinning seen in the pay sands in the Miami Fee No. 1 sidetrack and current paleontologic data, the company said it was extremely doubtful at this point that Vicksburg age pay would be encountered in the Miami Fee No. 2. Plains said that this well had not yet reached its deeper Eocene target.
 Plains said it expected to begin an additional Vicksburg test well about 2-1/2 miles to the southwest of the Miami Fee No. 1 in the fourth quarter of this year.
 Plains Resources is an independent oil and gas exploration and production company headquartered in Houston. During 1991, it was ranked by The Oil and Gas Journal as 113th among the largest publicly traded oil and gas companies in the United States.
 -0- 8/14/92
 /CONTACT: Nancy J. Kerby, director-investor relations of Plains Resources, 713-654-1414/
 (PLX) CO: Plains Resources ST: Texas IN: OIL SU:


TS -- NY021 -- 9913 08/14/92 09:46 EDT
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Publication:PR Newswire
Date:Aug 14, 1992
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