EX-99 3 mar8_8kx992.txt PIONEER 3/8/06 FORM 8-K EXH. 99.2 EXHIBIT 99.2 PIONEER NATURAL RESOURCES COMPANY SUPPLEMENTAL HEDGE INFORMATION As of March 7, 2006 Open Commodity Hedge Positions
2006 ----------------------------- Second Third Fourth Quarter Quarter Quarter 2007 2008 -------- ------- ------- --------- --------- Average Daily Oil Production Hedged: Swap Contracts: Volume (Bbl) 5,000 5,000 5,000 10,000 10,000 NYMEX price (per Bbl) $ 37.20 $ 37.20 $ 37.20 $ 30.96 $ 30.62 Collar Contracts: Volume (Bbl) 7,000 7,500 7,500 2,000 - NYMEX price (per Bbl): Ceiling $ 68.45 $ 70.22 $ 70.22 $ 89.50 $ - Floor $ 42.50 $ 43.00 $ 43.00 $ 50.00 $ - Average Daily Gas Production Hedged: Swap Contracts: Volume (MMBtu) 73,790 73,880 73,984 24,195 - NYMEX price (per MMBtu) (a) $ 4.30 $ 4.30 $ 4.30 $ 4.30$ - Collar Contracts: Volume (MMBtu) 105,000 105,000 115,000 215,000 - NYMEX price (per MMBtu) (a): Ceiling $ 14.95 $ 14.95 $ 15.15 $ 11.95 $ - Floor $ 6.95 $ 6.95 $ 6.95 $ 6.70 $ - -------------- (a)Approximate, based on historical differentials to index prices.