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Pioneer Natural Resources Co Announces Sale Of Alaska Subsidiary To Caelus Energy Alaska


Friday, 25 Oct 2013 08:40am EDT 

Pioneer Natural Resources Co announced that the Company has entered into a purchase and sale agreement with Caelus Energy Alaska LLC to sell 100% of the equity in Pioneer's subsidiary, Pioneer Natural Resources Alaska, Inc., for cash proceeds of $550 million, subject to normal closing adjustments. The transaction has an effective date of October 1, 2013 and is expected to close by the end of the year. 

Company Quote

176.19
3.65 +2.12%
21 Nov 2014