Caelus Energy LLC agreed to buy the Alaska subsidiary of Pioneer Natural Resources Co. (NYSE: PXD) for $550 million in cash.
The sale of Pioneer Natural Resources Alaska Inc. is expected to close by the end of 2013.
Complete access to real-time information and analysis of news and trends in the industry.
14-Day Free Trial
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In