JFIF H H Exif MM * r b j( i n H H Natural gas is flared at the Handy Gas Unit #1, a Pioneer Natural Resources well, in Karnes County, Texas, U.S., on Tuesday, June 22, 2010. Reliance Industries Ltd. agreed to pay $1.3 billion to Pioneer Natural Resources Co. and its partner for its se 0210 0100 Photoshop 3.0 8BIM EAGLE FORD SHALE A FIN FIN COMMODITIES COMMODITY SHALE DRILL RIG AMERICA NATURAL GAS
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Eddie Seal Z Kennedy \
Karnes County _ TX g 102065829 i 2Reliance Pays $1.3 Billion for Pioneer Shale Asset n Bloomberg t 2010 Bloomberg Finance LP x%Natural gas is flared at the Handy Gas Unit #1, a Pioneer Natural Resources well, in Karnes County, Texas, U.S., on Tuesday, June 22, 2010. Reliance Industries Ltd. agreed to pay $1.3 billion to Pioneer Natural Resources Co. and its partner for its second purchase of shale gas assets in the U.S. in three months. The company will pay $263 million up front and fund $1.1 billion of Pioneer and Newpek LLC's drilling costs in a joint venture in the Eagle Ford formation in south Texas, Reliance said in a statement. Photographer: Eddie Seal/Bloomberg z DA/AE
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Karnes County
Eddie Seal
Natural gas is flared at the Handy Gas Unit #1, a Pioneer Natural Resources well, in Karnes County, Texas, U.S., on Tuesday, June 22, 2010. Reliance Industries Ltd. agreed to pay $1.3 billion to Pioneer Natural Resources Co. and its partner for its second purchase of shale gas assets in the U.S. in three months. The company will pay $263 million up front and fund $1.1 billion of Pioneer and Newpek LLC's drilling costs in a joint venture in the Eagle Ford formation in south Texas, Reliance said in a statement. Photographer: Eddie Seal/Bloomberg
© 2010 Bloomberg Finance LP
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