PXP Shuts-In Louisiana Production Due to Hurricane Ivan

Plains Exploration & Production has shut-in approximately 6,400 net barrels of oil equivalent per day (BOEPD) in response to Hurricane Ivan. PXP has an additional 850 net BOEPD that may also be shut-in depending on storm conditions. PXP has also suspended drilling operations on the "Sonoma" prospect in Breton Sound.
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Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
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