0001193125-04-044900 Sample Contracts

PLAINS EXPLORATION & PRODUCTION COMPANY and JPMORGAN CHASE BANK Trustee FORM OF SUBORDINATED INDENTURE Dated as of , Providing for Issuance of Securities in Series
Plains E&p Co • March 18th, 2004 • Wholesale-petroleum & petroleum products (no bulk stations) • New York

THIS SUBORDINATED INDENTURE (the “Indenture”) between PLAINS EXPLORATION & PRODUCTION COMPANY, a Delaware corporation (hereinafter called the “Company”) having its principal office at 700 Milam, Suite 3100, Houston, Texas 77002, and JPMorgan Chase Bank, a New York banking corporation, trustee (hereinafter called the “Trustee”), is made and entered into as of this day of , .

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