Pioneer Takes Aim At High-Grading Prized Permian Basin Position

Transaction Type
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$38.0MM
Description

Acquired certain vertical wells and roughly 1,900 undeveloped net acres in Martin County, TX, within the Permian's Midland Basin.

Editor's note: Closed June 2019; announced in Pioneer's 2Q 2019 earnings results.