Pioneer Natural Resources Company (NYSE:PXD) today
announced the final tender results for its previously announced offer
to purchase its 6.50% Senior Notes due 2008 (CUSIP No. 723787 AA 5)
(the "Notes").
As of 12:00 midnight, New York City time, on Wednesday, May 24, 2006 (the "Expiration Date"), Pioneer had received tenders for $296.2 million in principal amount of the Notes (the "Tendered Notes") representing 84.6% of the outstanding principal amount of the Notes. Pioneer has accepted tenders of all of the Tendered Notes.
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, with operations in the United States, Canada and Africa. For more information, visit Pioneer's website at www.pxd.com.
As of 12:00 midnight, New York City time, on Wednesday, May 24, 2006 (the "Expiration Date"), Pioneer had received tenders for $296.2 million in principal amount of the Notes (the "Tendered Notes") representing 84.6% of the outstanding principal amount of the Notes. Pioneer has accepted tenders of all of the Tendered Notes.
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, with operations in the United States, Canada and Africa. For more information, visit Pioneer's website at www.pxd.com.
© 2006 Business Wire
