PXP Energy Corporation (PXP)

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1. Company Information
Company Name	PXP Energy Corporation (PXP)
Sector	Mining and Oil		Incorporation Date		Jul 19, 1995
Subsector	Oil		Number of employees		(Group Total)
Board of Directors	Chairman: Manuel V. Pangilinan
Website / E-mail	http://pxpenergy.com.ph/
2. Stock Information
Total Assets	7,310,389,000	Market Capitalization		14,620,000,000.00
Total Liabilities	4,233,445,000	Outstanding Shares		1,700,000,000
Retained Earnings	-1,278,580,000	Listed Shares		1,700,000,000
Listing Date	Sep 12, 2011	Issued Shares		1,700,000,000
Board Lot	100	Free Float Level (%)		33.70%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
Philex Mining Corporation Asia Link, B.V. First Pacific Company Limited Group Thru PCD Nominee, Kirtman Limited and Maxella Limited Two Rivers Pacific Holding Corporation				19.75% 16.73% 08.23% 07.71%
4. Company Descriptions and Business Development
Notes 1. Related companies: MPI, TEL, MER, PX, PXP
Overview The Company has interests in various petroleum service contracts in the Philippines and Peru held directly and through its major subsidiaries, Pitkin Petroleum Limited (“Pitkin”) and Forum Energy Limited (“Forum”).  The Company’s direct interest in Philippine petroleum service contracts includes (1) a 50% operating interest in SC 75; (2) a 70% operating interest in SC 74; (3) a 1.65% overriding royalty interest in SC 6 Cadlao and, (4) a 5.56% interest SC 6A Octon; all located in the Northwest Palawan. The Company holds a 53.43% controlling interest in Pitkin. Business Revenue contribution in 2016 SC 14 Block C (Galoc) SC 14 Block A (Nido) SC 14 Block B-1(North Matinloc) SC 14 Block B (Matinloc) 85,379,000 9,566,000 4,760,000 1,874,000 84% 9% 5% 2% Subsidiaries / Associates / Affiliates / Joint Ventures Forum Energy Limited (“Forum”, 67.19%)is incorporated in UK but mainly operates in the Philippines. Pitkin Petroleum Limited (“Pitkin”, 53.43%) has 25% participating interest in Peru Block Z-38 located in offshore Tumbes Basin. FEC Resources, Inc.(54.99) ,incorporated in Canada, holds 18.43% of Forum.