UPDATE 1-Plains CEO stands to earn as much as Freeport top brass

Posted on December 06, 2012 at 19:22 PM EST

Dec 6 (Reuters) - James Flores, chief executive of Plains Exploration & Production Co, could earn as much in his new role as head of the oil and gas business at Freeport-McMoRan Copper & Gold Co as his bosses there.

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