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Plains Exploration & Production Company in Pact with Trust for 58k Acres in Wyoming

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The Trust for Public Land announced today that it has entered into an agreement with Plains Exploration & Production Company (NYSE: PXP) to purchase oil and gas leases on 58,000 acres of environmentally sensitive land located in the Hoback Basin of the Wyoming Range. Once the transaction is completed, the leases will be retired, protecting the land from oil and natural gas drilling.

A video and photo accompanying this release are available at http://www.globenewswire.com/newsroom/news.html?d=10007571

The video is available for download at http://media.globenewswire.com/cache/22949/file/16016.mp4

The Trust for Public Land announced the agreement at a media event in Jackson, Wyoming, with Governor Matt Mead and approximately 100 local residents, including hunters, anglers,

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