pioneer

Pioneer Natural Resources Company Announces Sale of Selected Eagle Ford Shale Acreage for $102 Million

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that it has signed a purchase and sale agreement with Sundance Energy, Inc. to sell approximately 10,200 net acres in the western portion of Pioneer’s Eagle Ford Shale acreage position for $102 million, subject to normal closing adjustments. The acreage is located in Atascosa, LaSalle, Live Oak and McMullen Counties, Texas. Current net production is approximately 1,100 barrels of oil equivalent per day. After the sale closes, which is expected during the

RELIANCE ANNOUNCES SALE OF SELECT ASSETS IN THE EAGLE FORD SHALE PLAY IN THE USA

MUMBAI, March 27, 2018: Reliance Eagleford Upstream Holding LP (“Reliance”), a subsidiary of both Reliance Holding USA, Inc., and Reliance Industries Limited, announced the signing of a purchase and sale agreement with Sundance Energy Inc. to divest its interest in certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position (hereinafter called as ‘Assets’) for approximate consideration of USD100 Million, subject to certain

Pioneer Natural Resources Company Announces Plans to Divest South Texas, Raton and West Panhandle Assets

Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today announced that it plans to divest its properties in South Texas, Raton and the West Panhandle field. Pioneer’s predominant asset in South Texas is its Eagle Ford Shale acreage where the Company holds approximately 70,000 net acres. All of this acreage is held by production. The Eagle Ford assets being sold represent all of Pioneer’s 46% working interest in the play, including its producing wells and associated