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Pioneer Natural Resources Company to Sell South Texas Sinor Nest Oil Assets for $132M

Published: 10-31-2018

Vinson & Elkins advised Pioneer Natural Resources Company in a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in the Sinor Nest (Lower Wilcox) field for net proceeds of $132 million, subject to normal closing adjustments.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States.

The V&E corporate team was led by partner John Grand with senior associate Elena Sauber and associate Danny Nappier.


Lawyer Contact

+1.214.220.7866
jgrand@velaw.com

Media Contact

Melissa Anderson Senior Communications Manager

T +1.713.758.2030
manderson@velaw.com

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