Pioneer Natural Resources Co. says it wants to sell 640,000 acres of mineral rights it holds in eastern Colorado.
That word comes a month after Irving, Texas-based Pioneer (NYSE: PXD) announced plans to shut its Denver office and halve its workforce in Trinidad in southern Colorado.
Pioneer, like many oil and natural gas companies, has been cutting staff, closing offices, and selling “non-core” assets in order to focus on what executives consider to be their best operations as crude oil and…
Pioneer Natural Resources Co. says it wants to sell 640,000 acres of mineral rights it holds in eastern Colorado.
That word comes a month after Irving, Texas-based Pioneer (NYSE: PXD) announced plans to shut its Denver office and halve its workforce in Trinidad in southern Colorado.
Pioneer, like many oil and natural gas companies, has been cutting staff, closing offices, and selling “non-core” assets in order to focus on what executives consider to be their best operations as crude oil and…