an excerpt from their report:

-- Realized cash sales prices, including derivative settlements, were
$81.14 per barrel of oil and $7.98 per Mcf of natural gas (a non-GAAP
measure).


-- The Haynesville Shale continues to deliver outstanding drilling
results with 49 horizontal wells drilled and completed. Production
is currently 21 million cubic feet equivalent (MMCFE) per day net to
PXP (160 MMCFE per day gross) with approximately 9 MMCFE per day net
to PXP (70 MMCFE per day gross) currently curtailed from the play.

PXP anticipates reaching a production level of approximately 70
MMCFE per day net to PXP (600 MMCFE per day gross) by year-end 2009.
There are 24 rigs currently drilling with an average of
approximately 28 rigs expected in 2009 and 36 rigs in 2010.
Their full report is available at http://sev.prnewswire.com/oil-energy/20090507/DA1228107052009-1.html