Plains Exploration & Production

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Latest Plains Exploration & Production News

PXP provides preliminary 2011 full-year operational results
  • PXP's 2011 fourth-quarter daily sales volumes averaged 105,396 BOE per day, a 13% increase over 92,994 BOE per day in the fourth-quarter of 2010.
  • PXP's 2011 full-year daily sales volumes averaged approximately 98,950 BOE per day, a 12% increase over full-year 2010 volumes of 88,451 BOE per day.
Tuesday, February 07, 2012

Technip is awarded lump sum contract for the Lucius development project in the Gulf of Mexico
  • Technip was awarded a lump sum contract for their Lucius project with first oil being scheduled in 2014.
  • Lucius will be the seventh Spar Technip has delivered to Anadarko.
Monday, December 19, 2011

Fitch Solutions Seasonality Evident in 48% Wider U.S. Oil & Gas CDS
  • Seasonal pressures for U.S. oil and gas companies are becoming more evident in widening credit default swap spreads
  • CDS for the oil and gas sector have widened 48% over the past quarter.
Tuesday, November 01, 2011

PXP Provides an Update on Deepwater Asset Separation Process
  • PXP continues to evaluate alternatives to separate its deepwater and onshore businesses, which include separately capitalizing its deepwater business through a joint venture or outside capital and then either spinning-off or divesting these assets.
Thursday, March 24, 2011

PXP Announces 2010 Fourth-Quarter & Full-Year Results
Plains Exploration & Production Company ("PXP") announces 2010 fourth-quarter and full-year financial and operating results. Fourth-Quarter Statistical Highlights • Revenues of $408.1 million an
Thursday, February 24, 2011

McMoRan Completes Acquisition of Gulf of Mexico Shallow Water Shelf Properties
McMoRan Exploration Co. has announced the completion of its previously announced acquisition of Plains Exploration & Production Company's shallow water Gulf of Mexico (GOM) shelf assets and re
Saturday, January 01, 2011

PXP Completes Divestment of Its Gulf of Mexico Shallow Water Shelf Properties
Plains Exploration & Production Company has completed the divestment of its Gulf of Mexico shallow water shelf properties to McMoRan Exploration Co. The transaction was approved by McMoRan sha
Thursday, December 30, 2010

PXP Completes Eagle Ford Oil Acquisitions
Plains Exploration & Production Company has closed the previously announced acquisitions of oil and gas properties in the Eagle Ford oil and gas condensate windows in South Texas, subject to c
Tuesday, November 16, 2010

Houston American Energy to Sell South Texas Assets to Plains E&P
Houston American Energy Corp has entered into an agreement with Plains Exploration and Production Company pursuant to which Houston American will sell to Plains its holdings in Karnes County, Texa
Wednesday, October 06, 2010

PXP Provides Operational Update and Announces Eagle Ford Oil Acquisition
Plains Exploration & Production Company provides an operational update and announces a significant acquisition in the Eagle Ford oil shale trend. Operational Update • PXP's average daily sales v
Tuesday, October 05, 2010

Plains Exploration & Production Who's Who

James C. Flores
Chairman, President & Chief Executive Officer
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Doss R. Bourgeois
Executive Vice President - Exploration & Production
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Winston M. Talbert
Executive Vice President & Chief Financial Officer
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John F. Wombwell
Executive Vice President, General Counsel and Corporate Secretary
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Isaac Arnold, Jr.
Director
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Alan R. Buckwalter, III
Director
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Jerry L. Dees
Director
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Tom H. Delimitros
Director
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Robert L. Gerry, III
Director
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John H. Lollar
Director
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Plains Exploration & Production Offices

United States
Head Office

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