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Pioneer Natural Resources (PXD) +2.7% premarket after announcing a $1.7B deal to sell its 40%...

Pioneer Natural Resources (PXD) +2.7% premarket after announcing a $1.7B deal to sell its 40% interest in 207K net acres in the horizontal Wolfcamp Shale play to China's Sinochem. PXD also says it is discontinuing efforts to divest its properties in the Barnett Shale after receiving several disappointing bids.
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