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|Pioneer Natural Resources Company and Pioneer Southwest Energy Partners L.P. Announce Pricing of Public Offering of Common Units|
DALLAS--(BUSINESS WIRE)--Dec. 13, 2011--
In addition to the shares sold by the Partnership, Pioneer, through a wholly-owned subsidiary, sold 1,800,000 common units in the offering, for gross proceeds to Pioneer of
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This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended. The offering will be made pursuant to two effective shelf registration statements and prospectuses filed by Pioneer Southwest with the
Pioneer is a large independent oil and gas exploration and production company, headquartered in
Statements about the offering and the anticipated closing date may be forward-looking statements as defined under federal law. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of Pioneer and Pioneer Southwest, and a variety of risks that could cause results to differ materially from those expected by management of Pioneer and Pioneer Southwest. These and other risks are described in Pioneer’s and Pioneer Southwest's respective 10-K and 10-Q Reports and other filings with the
Pioneer Natural Resources Company and Pioneer Southwest Energy Partners L.P.
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