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Pioneer to sell 40% interest in Wolfcamp Shale assets in the US for $1.7bn

2013-02-04 01:00:00| Hydrocarbons Technology

US-based Pioneer Natural Resources has signed an agreement with Sinochem Petroleum, a subsidiary of Sinochem Group, to sell its 40% interest in about 207,000 net acres in the horizontal Wolfcamp Shale play of Spraberry trend area field in the US, for

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