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                                                                    EXHIBIT 99.2

                    CONSENT OF ROBERT A. STANGER & CO., INC.


         We hereby consent to the use of our opinion letter dated August 20,
2001, to the board of directors of Pioneer Natural Resources USA, Inc., which is
included as Appendix D to the proxy statement/prospectus forming a part of this
Registration Statement, and to references to our firm and such opinion letter in
such proxy statement/prospectus. In giving such consent, we do not admit that we
come within the category of persons whose consent is required under Section 7 of
the Securities Act of 1933 and the rules and regulations of the Securities and
Exchange Commission promulgated thereunder (the "Securities Act"), and we do not
thereby admit that we are experts with respect to any part of this Registration
Statement under the meaning of the term "expert" as used in the Securities Act.


                                             ROBERT A. STANGER & CO., INC.



                                             By: /s/ Kevin T. Gannon
                                                -----------------------------
                                             Name: Kevin T. Gannon
                                                  ---------------------------
                                             Title: Managing Director
                                                   --------------------------


Shrewsbury, New Jersey

September 20, 2001