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Bracewell Represents Pioneer Natural Resources Company with the $340 Million Sale of Hugoton Field Assets

Bracewell LLP is representing Pioneer Natural Resources Company (NYSE: PXD) with the purchase and sale agreements to sell all of its assets in the Hugoton field for cash proceeds of $340 million.

Pioneer will sell all of its assets in the Hugoton Field in Kansas to Linn Energy, LLC (NASDAQ: LINE) in a transaction that is expected to close by the end of the third quarter of 2014.

Bracewell attorneys working on this transaction include:

Partners: G. Alan Rafte, Amy Karff HalevyDaniel E. Hemli and Elizabeth  L. McGinley