Pioneer Natural Resources (PXD) says it added proved reserves totaling 161M boe during 2012 from...

|About: Pioneer Natural Resources C... (PXD)|By:, SA News Editor

Pioneer Natural Resources (PXD) says it added proved reserves totaling 161M boe during 2012 from discoveries, extensions, improved recovery and technical revisions of previous reserve estimates. The additions equate to replacing 264% of PXD's full-year 2012 production of 61M boe; related finding and development cost was $17.72/boe.