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Pioneer Natural Resources Board of Directors Appoints New Board Member

31.08.2011  |  Business Wire

Pioneer Natural Resources Company (NYSE:PXD) today announced that
James Kenneth (Ken) Thompson has been appointed to its Board of
Directors, effective immediately. Mr. Thompson will serve as an
independent director under the board′s appointment for a term that
expires at Pioneer′s 2014 annual shareholder meeting.


From 1974 to 2000, Mr. Thompson worked for ARCO in various technical and
management roles with responsibilities in many of the regions in which
Pioneer currently operates. During his years at ARCO, Mr. Thompson was
ARCO′s Executive Vice President of Asia-Pacific operations, Chairman,
President and CEO of ARCO Alaska and the head of ARCO's oil and gas
research and technology center. Mr. Thompson is currently the President
and Chief Executive Officer of Pacific Star Energy, a private energy
investment firm, and serves as Managing Director for the Alaska Venture
Capital Group, a private oil and gas exploration firm. Mr. Thompson
holds Bachelor of Science and honorary professional degrees in Petroleum
Engineering from Missouri University of Science & Technology.


'We are honored that Ken has agreed to join our Board of Directors,?
stated Scott D. Sheffield, Pioneer′s Chairman and CEO. 'Ken brings
substantial knowledge of our industry with his extensive oil and gas
experience leading operations in many of our core areas and managing
many related disciplines including strategic planning, engineering,
environmental, risk management, safety and regulatory compliance. These
strengths complement the expertise currently represented on the board.?


Mr. Thompson also serves as a director of Alaska Air Group, Inc., Coeur
d′Alene Mines Corporation and Tetra Tech, Inc.


Pioneer is a large independent oil and gas exploration and production
company, headquartered in Dallas, Texas, with operations primarily in
the United States. For more information, visit Pioneer′s website at www.pxd.com.

Pioneer Natural Resources

Investors

Frank
Hopkins, 972-969-4065

or

Brian Hansen, 972-969-4017

or

Eric
Pregler, 972-969-5756

or

Media and Public Affairs

Susan
Spratlen, 972-969-4018

or

Suzanne Hicks, 972-969-4020



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