Jun 19, 2019 / 12:35PM GMT
Arun Jayaram - JP Morgan Chase & Co, Research Division - Senior Equity Research Analyst
Delighted to have Pioneer to present this morning. Obviously, Pioneer is one of the largest Permian Basin operators in the industry. It's been a time of significant change for the company. Over the last 12 months or so, they've achieved to where they're a pure play Permian operator and have a series of initiatives underway focused on reducing their breakeven costs and getting to a free cash flow inflection point.
With that, delighted to have Rich Dealy to present today. He's the CFO of the company. Rich?
Richard P. Dealy - Pioneer Natural Resources Company - Executive VP & CFO
Thanks, Arun, and good morning. Appreciate everybody being here. I'll start with -- get through this.
Pioneer, as Arun mentioned, we have -- with our sale of our Eagle Ford assets that we announced back in early May, we are now 100% Permian pure play, where we have 680,000 acres net in the Permian Basin, 1,400 horizontal wells that we have producing today and a significant
Pioneer Natural Resources Co at JPMorgan Energy Conference Transcript
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