Pioneer Bolsters Reserves

摘要

Pioneer Natural Resources said on Wednesday it added 110 million barrels of oil equivalent of proved reserves in 2008, equivalent to 246% of full-year production. Pioneer said 87% of the additions, 96 MMboe, resulted from drilling success and performance improvements in core US areas such as Spraberry, Raton, Edwards Trend, Midcontinent, Barnett Shale and Alaska. The remaining 13%, 14 MMboe, was attributed to bolt-on acquisitions in the Spraberry, Edwards Trend and Barnett Shale areas.