PLAINS EXPLORATION & PRODUCTION COMPANY 10% Senior Notes due 2016 UNDERWRITING AGREEMENTUnderwriting Agreement • April 6th, 2009 • Plains Exploration & Production Co • Crude petroleum & natural gas • New York
Plains Exploration & Production Company, a Delaware corporation (the “Company”), proposes, upon the terms and considerations set forth herein, to issue and sell to you, as the underwriter (the “Underwriter”), $200,000,000 in aggregate principal amount of its 10% Senior Notes due 2016 (the “Notes”). The Company’s obligations under the Notes, including the payment of principal, premium, if any, and interest with respect to the Notes, will be unconditionally guaranteed (the “Guarantees”) by Arguello Inc., a Delaware corporation, Latigo Petroleum, Inc., a Delaware corporation, Plains Acquisition Corporation, a Delaware corporation, Plains Resources Inc., a Delaware corporation, Pogo Partners, Inc., a Texas corporation, Pogo Producing Company LLC, a Delaware limited liability company, PXP Aircraft LLC, a Delaware limited liability company, PXP Gulf Coast LLC, a Delaware limited liability company, PXP Louisiana L.L.C., a Delaware limited liability company, and PXP Louisiana Operations LLC, a
