Pioneer Southwest Energy Partners L.P. Announces Quarterly Distribution on Common Units
October 23 2008 - 4:30PM
Business Wire
Pioneer Southwest Energy Partners L.P. (�Pioneer Southwest�)
(NYSE:PSE) today announced a cash distribution of $0.50 per unit on
Pioneer Southwest's outstanding common units for the quarter ended
September 30, 2008. The distribution is payable November 12, 2008
to unitholders of record at the close of business on November 3,
2008. This distribution reflects an annual distribution rate of
$2.00 per common unit. Pioneer Southwest is a Delaware limited
partnership formed by Pioneer Natural Resources Company to own and
acquire oil and gas assets in its area of operations. This area
includes onshore Texas and eight counties in the southeast region
of New Mexico.
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