ORCUTT - Plains Exploration and Production Company, or PXP, operates Platform Irene off the coast of Vandenberg Air Force Base as well as other onshore and offshore oil and natural gas facilities in Santa Barbara County.
PXP is also active in finding new oil and gas deposits along the Central Coast.
PXP has a large operation on the Central Coast based at the historic Orcutt Union Plaza.
A Freeport-McMoran spokesperson says the sale of PXP to the global mining giant will not have any immediate impact on the hundreds of people who work for PXP on the Central Coast.
Employees at the Orcutt office did not comment on the sale of the company.
PXP continues to pursue drilling into the Tranquillon Ridge off of Vandenberg Air Force Base believing there's a massive supply of natural gas beneath its shelf.
Freeport-McMoran is one of the largest mining companies in the world and will now be one of the largest oil and gas companies on the Central Coast.
Thursday, May 23 2013 1:29 AM EDT2013-05-23 05:29:02 GMT
ATASCADERO, Calif. - Atascadero Police found a body on the 4300 block of Tranquilla Avenue on Wednesday night, and they say it might have been a suspicious death. Atascadero Police responded to a reportMore >>
ATASCADERO, Calif. - Atascadero Police found a body on the 4300 block of Tranquilla Avenue on Wednesday night, and they say it might have been a suspicious death.More >>
Wednesday, May 22 2013 7:40 PM EDT2013-05-22 23:40:52 GMT
SANTA MARIA, Calif. -- The Santa Maria Ford Dealership is under fire after customers say they lure in with flyers promising they had won a prize but when they got to the dealership, they never got it.More >>
Customer after customer said they were told they were winners for successfully matching three symbols on this flyer but the dealership says those prizes never came.
Wednesday, May 22 2013 7:25 PM EDT2013-05-22 23:25:16 GMT
SANTA MARIA - When Santa Barbara Police released dash cam video to the local media of a traffic stop back in October 2011, it was from a pilot device installed in the patrol car of Officer Aaron Tudor. TheMore >>
Nearly 30 patrol cars expected to be equipped with video-audio recording devices by end of the week.More >>
Wednesday, May 22 2013 7:24 PM EDT2013-05-22 23:24:25 GMT
SAN LUIS OBISPO COUNTY, Calif- Arroyo Grande and Atascadero will join four other cities in San Luis Obispo County in establishing a Tourism and Business Improvement District, now all but one city in theMore >>
SAN LUIS OBISPO COUNTY, Calif- Arroyo Grande and Atascadero will join four other cities in San Luis Obispo County in establishing a Tourism and Business Improvement District, now all but one city in the county has one.More >>