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): February 8, 2006
Pioneer Natural Resources Company
(Exact name of Registrant as specified in its charter)
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| Delaware
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1-13245
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75-2702753 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.) |
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| 5205 N. O’Connor Blvd., Suite 900, Irving, Texas
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75039 |
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| (Address of principal executive offices)
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(Zip Code) |
(972) 444-9001
(Registrant’s telephone number, including area code)
Not applicable
(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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
PIONEER NATURAL RESOURCES COMPANY
Item 2.02. Results of Operations and Financial Condition
The information in this document includes forward-looking statements that are made pursuant to
the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements and the business prospects of Pioneer Natural Resources Company (the
“Company”) are subject to a number of risks and uncertainties that may cause the Company’s actual
results in future periods to differ materially from the forward-looking statements. These risks
and uncertainties include, among other things, volatility of oil and gas prices, product supply and
demand, competition, the ability to obtain environmental and other permits and the timing thereof,
other government regulation or action, international operations and associated international
political and economic instability, litigation, the costs and results of drilling and operations,
availability of drilling equipment, Pioneer’s ability to replace reserves, implement its business
plans (including its plans to complete certain asset divestments and to repurchase stock at
favorable prices), or complete its development projects as scheduled, access to and cost of
capital, uncertainties about estimates of reserves, quality of technical data, environmental and
weather risks, acts of war or terrorism. These and other risks are described in the Company’s
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q that are available from the Company
or the United States Securities and Exchange Commission.
On February 8, 2006, the Company issued a news release with financial statements and schedules
that are attached hereto as exhibit 99.1. In the news release, the Company announced financial
and operating results for the quarter and year ended December 31, 2005 and provided an operations
update.
On February 8, 2006, the Company issued another news release with a supplemental schedule that
is attached hereto as exhibit 99.2. In the news release, the Company announced its proved reserves
as of December 31, 2005, and related costs incurred for oil and gas producing activities (“Costs
Incurred”), reserve additions, reserve replacement percentages and finding and development costs
(“F&D Costs”) for the one
-, three- and five-year periods then ended. The supplemental schedule
attached to the news release provides unaudited supplemental information regarding the Company’s
proved reserves as of and for the year ended December 31, 2005, and the Company’s Costs Incurred,
reserve replacement percentage and F&D Costs for the year ended December 31, 2005. It also
provides explanations of the terms “reserve replacement percentage” and “F&D Costs” as used by the
Company in the supplemental schedule.
Item 9.01. Financial Statements and Exhibits
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(d)
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Exhibits |
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99.1
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News Release and Schedules Attached to News Release dated February 8, 2006. |
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99.2
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News Release and Supplemental Schedule Attached to News Release dated
February 8, 2006. |
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