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Pioneer Natural Resources Company

Company Description

Pioneer Natural Resources Company is a petroleum, natural gas, and natural gas liquids exploration and production company based in Irving, Texas.

On May 11, 2016, at the Citi Global Energy & Utilities Conference in Hong Kong’s Mandarin Oriental, Scott Sheffield, CEO of Pioneer, along with support from Tom Spalding, a geologist and Pioneer’s vice president for geoscience, announced that more than 10 billion and possibly as much as 75 billion barrels of oil equivalent had been discovered in Permian shales.

Website: http://www.pxd.com