MSR EXPLORATION LTD <MSR> YEAR LOSS Shr loss five cts vs profit 10 cts Net loss 381,391 vs profit 736,974 Revs 6,161,391 vs 9,241,882 NOTE: Canadian dollars. Proved oil reserves at year-end 3.3 mln barrels, up 39 pct from a year earlier, and natural gas reserves 4.7 billion cubic feet, off nine pct.