Pioneer Natural Resources Co
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Pioneer Natural Resources surged after Bank of America Merrill Lynch added the oil and gas exploration company to its "best ideas" list.
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Feb 25- Chesapeake Energy Corp will sell a 50 percent interest in some of its oil and gas properties in the Mississippi Lime shale formation to China Petroleum& Chemical Corp for $1.02 billion cash, a valuation that fell short of some expectations.
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*To sell 40 percent of interest in Texas field. Jan 30- Oil and gas producer Pioneer Natural Resources Co said it would sell a 40 percent interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion.
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Jan 30- Oil and gas producer Pioneer Natural Resources Co said it will sell 40 percent of its interest in the Wolfcamp shale field in Texas to China's state-run Sinochem Group Co Ltd for $1.7 billion. Sinochem will pay $500 million in cash and will fund a portion of Pioneer's share of drilling and facilities costs.
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