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)

Jan 7, 2019

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 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

n/a

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	1,960,000,000
Debt	2,125,944,767

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
Receipt of 1% Downpayment from Dennison Holdings Corp.
Background/Description of the Disclosure
PXP Energy Corporation (“the Company” or “PXP”) wishes to inform the Exchange that Dennison Holdings Corp. (“Dennison”) has paid its 1% downpayment equivalent to P40,290,000 (the “Downpayment”) pursuant to the amended Subscription Agreement between PXP and Dennison (“the parties”) dated 26 December 2018, wherein the parties agreed to reschedule and accelerate the full payment of Dennison’s subscription in 340,000,000 common shares of PXP, at an aggregate subscription price of P4.03 billion, to not later than March 31, 2019; and for Dennison to pay the Downpayment on or before January 7, 2019.
Other Relevant Information
About PXP Energy Corporation PXP is an upstream oil and gas company incorporated in the Philippines whose shares are listed on the Philippine Stock Exchange. The Company directly and indirectly owns oil and gas exploration and production assets located in the Philippines, and indirectly owns an exploration asset located in offshore Peru. For further information, please contact: Mark H. Rilles Finance Controller PXP Energy Corporation Telephone: (632) 631 1381 Email: [email protected]