PXP

April 4, 2008 8:19 AM ET


All Briefing.com newsPlains Exploration says it produced net sales volumes of approximately 95,000 barrels of oil equivalent per day during 1Q08 Co announces it produced net sales volumes of approximately 95,000 barrels of oil equivalent per day during the first quarter of 2008. PXP reaffirms the 2008 full-year production guidance range of 92,000 - 96,000 BOEPD which reflects all of the co's announced transactions. In the first quarter, PXP repurchased approximately 5.77 mln common shares for about $304 mln. Approximately $696 mln is remaining under the current $1 bln stock buyback authorization granted December 2007.


Briefing.com is the leading Internet provider of live market analysis for U.S. Stock, U.S. Bond, and world FX market participants.