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)

Dec 21, 2018

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 (formerly Philex Petroleum 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 cor. Sheridan St., Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

026311381

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

9

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 Shares	1,700,000,000
Debt	2,896,194,767

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
Letter of request sent by Forum (GSEC 101) Limited to the Department of Energy to lift the Force Majeure imposed in Service Contract 72 (“SC72”) Recto Bank
Background/Description of the Disclosure
PXP Energy Corporation (“the Company” or “PXP”) wishes to inform the Exchange that Forum (GSEC 101) Limited (“Forum GSEC”), has sent a letter of request today to the Department of Energy to lift the Force Majeure imposed on Service Contract 72 (“SC72”) Recto Bank.
Other Relevant Information
A copy of the letter is enclosed. Forum Energy Limited (“Forum”), in which PXP holds a direct and indirect interest of 78.98%, has a 70% participating interest in SC 72 located in Northwest Palawan, through its wholly-owned subsidiary Forum GSEC. PXP has a total economic interest of 53.1% in SC 72.