Pioneer Natural Resources
Visible organic growth through “Big 4” development projects
- 20% production growth forecast over next month
- ~ 60% production growth forecast over next 12 months
Excellent exploration track record with high-impact projects
Large, stable base of quality long-lived reserves
- Provides cash flow to fund exploration program and development of discoveries
- Extensive development opportunities
Well-balanced asset base (statistics pro forma for acquisitions)
- 4.2 Tcfe or 694 Mmboe
- 83% North America
- 60% gas (2003 production)
Focused on the drill bit for growth
Leading the peer group with a 3-year finding cost of $4.74 / BOE