DALLAS--(BUSINESS WIRE)-- Pioneer Southwest Energy Partners L.P. (PSE) (Pioneer Southwest) today announced a cash distribution of $0.52 per unit for the quarter ended June 30, 2012, on Pioneer Southwest's outstanding common units. This quarterly distribution equates to $2.08 per common unit on an annual basis.
The distribution is payable August 9, 2012, to unitholders of record at the close of business on August 2, 2012.
Pioneer Southwest is a Delaware limited partnership, headquartered in Dallas, Texas, with current production and drilling operations in the Spraberry field in West Texas. For more information, visit www.pioneersouthwest.com.
Pioneer Southwest Energy Partners L.P.
Frank Hopkins, 972-969-4065
Eric Pregler, 972-969-5756
Casey Edwards, 972-969-5759
Media and Public Affairs
Susan Spratlen, 972-969-4018
Suzanne Hicks, 972-969-4020
Source: Pioneer Southwest Energy Partners L.P.Copyright Business Wire 2012