E&P | NGI All News Access | Permian Basin
Brief — Pioneer Natural
Pioneer Natural Resources Co. has agreed to sell an acreage package in the Permian Basin of West Texas to an undisclosed buyer for $266 million. The sale in northeastern Martin County includes current production of 1,500 boe/d net. The Dallas independent said in February it wasevaluating offers to sell about 20,500 acres in Martin County. The transaction is expected to be completed by the end of April.
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