SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Apr 18, 2017

2. SEC Identification Number

CS200719819

3. BIR Tax Identification No.

006-940-588-000

4. Exact name of issuer as specified in its charter

PXP ENERGY CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2/F, LaunchPad, Reliance corner Sheridan Streets, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

(63-2) 631-1381

9. Former name or former address, if changed since last report

Philex Petroleum Corporation, 27 Brixton Street, Pasig City

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	1,700,000,000
Debt	2,931,700,743

11. Indicate the item numbers reported herein

9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

PXP Energy CorporationPXP

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Drilling Update and Results - Galoc-7
Background/Description of the Disclosure
Nido Petroleum Limited, on behalf of the Galoc Joint Venture partners, has advised the Australian Stock Exchange of the update and results of the Deepsea Metro I drilling. PXP Energy Corporation is still awaiting for the DOE clearance prior to its disclosure. Please see attached announcement.
Other Relevant Information
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