BELDEN AND BLAKE ENERGY CO <BBE> 4TH QTR Shr loss 1.92 dlrs vs profit five cts Net loss 5.6 mln vs profit 136,598 Revs 1.4 mln vs. 2.5 mln Year Shr loss 3.81 dlrs vs profit 21 cts Net loss 10.8 mln vs profit 435,176 Revs 7.6 mln vs 9.4 mln NOTE:1986 4th qtr includes write-off of about 373,000 dlrs or 13 cts and writdown of assets of 4.0 mln dlrs. 1986 year includes 4.1 mln dlrs 1st qtr writedown.