Item 7.01 Regulation FD Disclosure

On May 21, 2009, a representative of Plains Exploration & Production Company ("PXP") is scheduled to present at the UBS Global Oil and Gas Conference at 8:40
a.m. Central time. The presentation materials for the conference are filed herewith as Exhibit 99.1 and are incorporated herein by reference. The presentation materials will also be posted in the Investor Information section of PXP's website, www.pxp.com for 60 days after the event.

The information presented under this Item 7.01 shall not be deemed "filed" under the Securities Exchange Act 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as may be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibit

99.1 Presentation dated May 2009.

---