PLAINS PETROLEUM CO
15-12G, 1995-07-24
CRUDE PETROLEUM & NATURAL GAS
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                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549
                                    FORM 15


Certification and Notice of Termination of Registration under Section 12(g) of
the Securities Exchange Act of 1934 or Suspension of Duty to File Reports Under
Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                                                   Commission File Number 1-8975
                                                                          ------

                           Plains Petroleum Company
- --------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)

    12596 West Bayaud, Suite 400, Lakewood, Colorado  80228 (303) 969-9325
 -------------------------------------------------------------------------------
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)

                          $.01 Par Value Common Stock
         Rights pursuant to preferred stock rights purchase agreement
 -------------------------------------------------------------------------------
           (Title of each class of securities covered by this Form)

                                Not Applicable
 -------------------------------------------------------------------------------
          (Titles of all other classes of securities for which a duty
             to file reports under Section 13(a) or 15(d) remains)

     Please place an X in the box(es) to designate the appropriate rule
provisions(s) relied upon to terminate or suspend the duty to file reports:


          Rule 12g-4(a)(1)(i)     [X]  Rule 12h-3(b)(1)(ii)  [ ]
          Rule 12g-4(a)(1)(ii)    [ ]  Rule 12h-3(b)(2)(i)   [ ]
          Rule 12g-4(a)(2)(i)     [ ]  Rule 12h-3(b)(2)(ii)  [ ]
          Rule 12g-4(a)(2)(ii)    [ ]  Rule 15d-6            [ ]
          Rule 12h-3(b)(1)(i)     [ ]

Approximate number of holders of record as of the certification or notice date:
- --------------------------------------------------------------------------------
                             one at July 18, 1995
                             --------------------

     Pursuant to the requirements of the Securities Exchange Act of 1934, Plains
                                                                          ------
Petroleum Company (Name of registrant as specified in charter) has caused this
- -----------------                                                             
certification/notice to be signed on its behalf by the undersigned duly
authorized person.

                                             PLAINS PETROLEUM COMPANY


Date:  July 21, 1995                         By: /s/ PAUL M. RADY
                                                 ----------------
                                                 Paul M. Rady, President

This Form 15 is being filed to provide notice to the Commission and the public
of the automatic suspension, pursuant to Section 12(d) of the Securities
Exchange Act of 1934, of the registrant's duties under Sections 12 and 13 and
any rules or regulations thereunder applicable to the securities described as a
result of the withdrawal of those securities from listing on the New York Stock
Exchange and the existence of no other requirement for registration under
Section 12.


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