Pioneer picks up Evergreen in $2.1 billion transactionDeal was the third time in the past month a Denver-based firm has been snapped up Petroleum News
In a bid to boost its reserves and output of natural gas, Pioneer Natural Resources Co. announced a deal May 4 to buy Evergreen Resources for about $2.1 billion in cash, stock and assumed debt — the third buyout of a Denver-based petroleum producer in the past 30 days.
The deal would give Dallas-bas....
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More aggressive development
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