UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 11, 2005
Pioneer Natural Resources Company
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(Exact name of Registrant as specified in its charter)
Delaware 1-13245 75-2702753
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
5205 N. O'Connor Blvd., Suite 900, Irving, Texas 75039
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(Address of principal executive offices) (Zip Code)
(972) 444-9001
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
| | Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
| | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
| | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
| | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
PIONEER NATURAL RESOURCES COMPANY
TABLE OF CONTENTS
Page
Item 7.01. Regulation FD Disclosure............................. 3
Item 9.01. Financial Statements and Exhibits
(c) Exhibits....................................... 3
Signature........................................................ 4
Exhibit Index.................................................... 5
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PIONEER NATURAL RESOURCES COMPANY
Item 7.01. Regulation FD Disclosure
On January 11, 2005, Pioneer Natural Resources Company (the "Company")
issued a news release that is attached hereto as exhibit 99.1. In the news
release, the Company announced that its Board of Directors has approved its 2005
capital program. The program is expected to include: (i) total capital
expenditures of $900 million to $950 million, a 12% increase over 2004 levels,
proforma for the recent Rockies merger; (ii) plans to drill approximately 800
development wells; (iii) a $200 million to $250 million exploration program,
which represents approximately 25% of total capital; (iv) plans to drill
approximately 20 higher-impact exploration wells and (v) significant cash flow
in excess of base capital expenditures.
Item 9.01. Financial Statements and Exhibits
(c) Exhibits
99.1 News Release dated January 11, 2005.
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PIONEER NATURAL RESOURCES COMPANY
S I G N A T U R E
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PIONEER NATURAL RESOURCES COMPANY
Date: January 11, 2005 By: /s/ Darin G. Holderness
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Darin G. Holderness
Vice President and Chief Accounting Officer
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PIONEER NATURAL RESOURCES COMPANY
EXHIBIT INDEX
Exhibit No. Description
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99.1(a) News Release dated January 11, 2005.
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(a) filed herewith
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