2013 CREDIT SUISSE ENERGY SUMMIT – Plains Exploration & Production Company

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Slides

2013 Credit Suisse Energy Summit February 2013 PXP Plains Exploration & Production Company
PXP Asset Overview Plains Exploration & Production Company Core Asset Areas California Madden 482 MMBOE total resource potential 200 BCFE total resource potential 2,300+ future locations 30+ future locations Brent based pricing…
PXP Asset Intensity Plains Exploration & Production Company Substantial Oil Exposure High Margins Durability 2P Reserves R/P 15 years Total Resource R/P 48 years 12/31/2011 Resource Gross Total Resource Onshore Oil Margin 2P R/P…
PXP Plains Exploration & Production Company Production Target Profile 400 400 GOM Risked Exploration 350 62% Increase in 2013 Production; Success 350 87% of the Increase is Oil 300 300 Net MBOEPD Net MBOEPD 250 250 200…
PXP Plains Exploration & Production Company Deepwater Gulf of Mexico Louisiana Texas Ram Powell Marlin Viosca Knoll Horn Mountain Mississippi Canyon Holstein Garden Banks Green Canyon Atwater Valley Diana East…
PXP Plains Exploration & Production Company Transaction Highlights Each PXP Share Receives .6531 Shares of FCX Common Stock and 25 in Cash Creates a Premier U.S. Based Natural Resource Company Adds High Quality U.S. Oil & Gas Assets…