Pioneer Natural Resources

9/4/2002


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Table of Contents

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Pioneer Natural Resources

Well-Balanced Global Operations

Big 4 Development Projects

What’s Next?

Production Growth

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Devils Tower - Deepwater GOM

Falcon - Deepwater GOM

Sable Field - Offshore South Africa

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Ozona Deep Discovery

Falcon Area

Devils Tower / Triton

Devils Tower/Triton Area

GOM Shelf Inventory

Offshore Gabon Pre-Salt Play

Gabon

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Emerging Silurian Play

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South Africa Exploration

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U.S. Core Assets

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Argentina

Intrinsic Value of Hedges 07/23/02

2003E EBITDAX Matrix ($ in millions)

3 Year Average Finding Cost

Pioneer Natural Resources

2002-2004 Corporate Goals

Forward-Looking Statements

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Author: Pioneer Natural Resources