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Pioneer Natural Resources

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Pioneer Natural Resources Company operates as an oil and gas exploration, and production company. The company produces oil, natural gas liquids, and gas. Its properties primarily include Hugoton field located in southwest Kansas; West Panhandle field in the panhandle region of Texas; and Spraberry field located in west Texas. The company has operations principally in the United States, Argentina, Canada, Gabon, South Africa, and Tunisia. As of December 31, 2004, the company’s proved reserves totaled 1.0 billion barrel of oil equivalent. Pioneer Natural Resources was formed through the merger of Parker & Parsley Petroleum Company and MESA, Inc. in 1997. The company is headquartered in Dallas, Texas.

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