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)

May 28, 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 corner Sheridan Streets, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

(63-2) 6311381

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	1,960,000,000
Debt	1,583,000

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 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification and/or confirmation of news report.

Source	Business World (Online Edition)
Subject of News Report	Dennis Uy still open to PXP Energy tie-up
Date of Publication	May 26, 2019

Clarification of News Report
May 28, 2019 PHILIPPINE STOCK EXCHANGE, INC. 6/F, PSE Tower 5th Avenue corner 28th Street Bonifacio Global City, Taguig City Attention: MS. JANET A. ENCARNACION Head, Disclosure Department Gentlemen: We write with respect to your letter dated May 27, 2019, seeking comments on the news article entitled “Dennis Uy still open to PXP Energy tie-up” posted in BusinessWorld (Online Edition) on May 26, 2019. The article reported in part that: “BUSINESSMAN Dennis A. Uy is open to revisiting plans with PXP Energy Corp. for a potential oil exploration venture once government relations with China improve. “We both agreed to not pursue it because of the uncertainty of the government to government. But we agreed to revisit it once there’s an opportunity, “Mr. Uy told reporters last week after the stockholders’ meeting of another company he leads. . . . . Mr. Uy noted that PXP Energy Chairman Manuel V. Pangilinan has committed to invite the company once government relations progress. . . . .” We wish to inform the Exchange that PXP Energy Corporation (“PXP” or the “Company”) welcomes the statements made by Mr. Dennis A. Uy for a potential oil exploration venture with the Company in the future. At the moment, the Company remains focused on the lifting of the force majeure imposed on Service Contracts 72 and 75 by the Department of Energy to allow exploration activities to resume. PXP has a direct interest of 50% in SC 75 and a total economic interest of 53.1% in SC 72 through its 79% direct and indirectly owned subsidiary, Forum Energy Limited (“Forum”). Forum has a participating interest of 70% in SC 72. Very truly yours, (Signed) DANIEL STEPHEN P. CARLOS President
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. Please see attached.