PXP Announces Upcoming Investor Event and First Quarter 2011 Earnings Date

HOUSTON, March 22, 2011 /PRNewswire/ -- Plains Exploration & Production Company (NYSE: PXP) ("PXP") announces the date and time of an upcoming investor event at which members of management will address the investment community and the date of first quarter 2011 results and conference call:

• PXP is scheduled to present at the Howard Weil 39th Annual Energy Conference on Tuesday, March 29, 2011 at 8:25 a.m. Central time. A copy of the presentation will be available in the Investor Information section of PXP's website at www.pxp.com.
• PXP is scheduled to release 2011 first quarter results on Thursday, May 5, 2011 before the market opens and will host its quarterly conference call that same day, Thursday, May 5, 2011, at 8:00 a.m. Central time.  Investors wishing to participate in the conference call may dial 1-800-567-9836 or 1-973-935-8460. The conference call and replay ID is: 51938874. The replay can be accessed by dialing 1-800-642-1687 or 1-706-645-9291. A live webcast of the conference call will be available in the Investor Information section of PXP's website at www.pxp.com.

PXP is an independent oil and gas company primarily engaged in the activities of acquiring, developing, exploring and producing oil and gas in California, Texas, and Louisiana. PXP is headquartered in Houston, Texas.

SOURCE Plains Exploration & Production Company

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