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PLAINS RESOURCES ANNOUNCES PROMOTIONS

 PLAINS RESOURCES ANNOUNCES PROMOTIONS
 HOUSTON, Oct. 16 /PRNewswire/ -- Plains Resources (AMEX: PLX) today


announced that effective Nov. 1, 1992, Patrick Collins, president and chief executive officer of the company, will become chairman of the company's board of directors. Collins will continue as the company's chief executive officer.
 The company also said that Greg L. Armstrong, Plains' executive vice president and chief financial officer, would assume the newly created position of president and chief operating officer. Armstrong has been with the company in various capacities for 11 years.
 Armstrong's post as chief financial officer will be filled by Phillip D. Kramer, vice president and treasurer of the company. Kramer has been with Plains in various capacities for nine years.
 William M. Hitchcock, who has served in a non-executive capacity as chairman of the board of the company since 1981, will relinquish his post to become president of Plains Resources International, a wholly- owned subsidiary of Plains. Hitchcock will continue as chairman of the executive committee of the company's board of directors.
 Plains Resources is an independent oil and gas exploration and production company headquartered in Houston, Texas. During 1992, it was ranked by The Oil and Gas Journal as 106th among the largest publicly traded oil and gas companies in the United States.
 -0- 10/16/92
 /CONTACT: Nancy J. Kerby, director, investor relations, Plains Resources, 713-654-1414/
 (PLX) CO: Plains Resources ST: Texas IN: OIL SU: PER


LD -- NY084 -- 1198 10/16/92 18:26 EDT
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Publication:PR Newswire
Date:Oct 16, 1992
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