PXP: Income Statement for PLAINS EXPL&PROD

PERIOD ENDING		30-Sep-09	30-Jun-09	31-Mar-09	31-Dec-08
Total Revenue		312,188	278,681	228,512	328,154
Cost of Revenue		70,088	105,812	115,651	149,776

Gross Profit		242,100	172,869	112,861	178,378

	Operating Expenses
	Research Development	-	-	-	-
	Selling General and Administrative	62,011	39,053	41,550	38,801
	Non Recurring	87,272	(87,272)	-	3,629,666
	Others	105,296	94,378	91,645	200,058

	Total Operating Expenses	-	-	-	-


Operating Income or Loss		74,793	126,710	(20,334)	(3,690,147)

	Income from Continuing Operations
	Total Other Income/Expenses Net	101,453	(89,485)	77,189	1,191,524
	Earnings Before Interest And Taxes	88,974	37,225	56,855	(2,498,623)
	Interest Expense	16,355	15,935	21,997	29,877
	Income Before Tax	72,619	21,290	34,858	(2,528,500)
	Income Tax Expense	33,293	(22,359)	29,660	(959,842)
	Minority Interest	-	-	-	-

	Net Income From Continuing Ops	27,233	43,649	5,198	(1,568,658)

	Non-recurring Events
	Discontinued Operations	-	-	-	-
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-


Net Income		39,326	43,649	5,198	(1,568,658)
Preferred Stock And Other Adjustments		-	-	-	-

Net Income Applicable To Common Shares		$39,326	$43,649	$5,198	($1,568,658)

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