Overview

PXP Energy Corporation is an upstream oil and gas company incorporated in the Philippines on December 27, 2007 and listed on the second board of the Philippine Stock Exchange on September 12, 2011.

The Company has interests in various petroleum service contracts in the Philippines held directly and through its major subsidiary, Forum Energy Limited (“Forum”).

Prior to the distribution of the Company’s shares as property dividend in 2011, the Company had ten stockholders, nine of whom were individuals with one share each. Subsequently, the number of shareholders totaled to 35,350. The Company's two largest shareholders, Philex Mining and First Pacific, are leaders in business and industry in the Philippines and Asia. Philex Mining is a leader in mining and a pioneer in oil exploration in the Philippines. First Pacific is a Hong Kong-based investment holding company with investments located in Asia-Pacific. Its principal investments are in consumer food products, telecommunications, infrastructure, and natural resources.