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Plains Exploration & Production Company (PXP)

8:01AM AEST: 31.82 USD  Up 0.58 (1.86%)  
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Plains Exploration & Production Company
700 Milam Street
Suite 3100
Houston, TX 77002
Phone: 713-579-6000
Fax: 713-579-6611
Web Site: http://www.pxp.com

 DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Independent Oil & Gas
Employees (last reported count):806

 REUTERS ABRIDGED BUSINESS SUMMARY 
Plains Exploration & Production Company engages in the acquisition, development, exploration, and production of oil and gas properties primarily in the United States. The company owns interests in various oil and gas properties located in the Onshore and Offshore California; the Gulf of Mexico; the Gulf Coast Region, including the Haynesville Shale and South and East Texas; the Mid-Continent Region; and the Rocky Mountains, as well as an interest in an exploration prospect offshore Vietnam. As of December 31, 2008, it had proved reserves of approximately 292.1 million barrels of oil equivalent. The company was founded in 2002 and is based in Houston, Texas.
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     OFFICERS 
     PayExercised
    Mr. James C. Flores , 50
    Chairman, Chief Exec. Officer and Pres
    $ 2.37M $ 54.86M
    Mr. Winston M. Talbert , 47
    Chief Financial Officer and Exec. VP
    $ 1.27M $ 0
    Mr. John F. Wombwell , 48
    Exec. VP, Sec. and Gen. Counsel
    $ 1.27M $ 0
    Mr. Doss R. Bourgeois , 52
    Exec. VP of Exploration & Production
    $ 1.27M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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