Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the
Company”) today announced that the Company is pursuing the divestment of
its 50.1% share of the Eagle Ford Shale Midstream business (“EFS
Midstream”). Reliance Holding USA, Inc. (“Reliance”) owns the remaining
49.9% of the EFS Midstream business and also plans to pursue the
divestment of its share in a joint process with Pioneer.
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