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Pioneer Natural Resources sells interest in Wolfcamp Shale assets

2013-06-03 10:00:00| Hydrocarbons Technology

US-based Pioneer Natural Resources has completed the divestment of its 40% interest in the horizontal Wolfcamp Shale play in the southern portion of the Spraberry Trend Area Field for about $1.7bn, to Sinochem Petroleum USA, a subsidiary of Sinochem

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