Pioneer Natural Resources calls 5 7/8% senior notes due 2012 at par

By Marisa Wong

Milwaukee, Jan. 21 - Pioneer Natural Resources Co. announced that it will redeem all $6.1 million of its outstanding 5 7/8% senior notes due 2012, originally issued as 5 7/8% senior subordinated notes due 2012 by Evergreen Resources, Inc.

The notes will be redeemed on March 15 at par plus accrued interest up to the redemption date.

Pioneer is an independent oil and gas exploration and production company with headquarters in Dallas.

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