Pioneer Natural Resources Company announced the early results of Pioneer’s previously announced cash tender offers to purchase any and all of the outstanding 5.625% Senior Notes due 2027 (the “2027 Notes”) and 4.125% Senior Notes due 2028 (the “2028 Notes” and, together with the 2027 Notes, the “Tender Offer Notes”) of Parsley Energy, LLC, a Delaware limited liability company (“Parsley LLC”), and Parsley Finance Corp., a Delaware corporation (“Parsley Finance” and, together with Parsley LLC, the “Issuers”) from holders of each series of the Tender Offer Notes (the “Tender Offers”) and solicitations of consents from holders of each series of the Tender Offer Notes (the “Consent Solicitations”) to effect certain amendments to the indentures governing each series of the Tender Offer Notes (the “Indentures”). The Tender Offers and the Consent Solicitations were conditioned on the closing of the acquisition of the Issuers by Pioneer pursuant to an Agreement and Plan of Merger (the “Merger Agreement”), by and among Pioneer and certain of its subsidiaries, Parsley Energy Inc., a Delaware corporation (“Parsley”), and Parsley LLC, dated as of October 20, 2020. The transactions contemplated by the Merger Agreement closed on January 12, 2021, as a result of which the Issuers are now wholly owned subsidiaries of Pioneer. Consummation of the Tender Offers and payment for Tender Offer Notes validly tendered pursuant to the Tender Offers remain subject to the satisfaction or waiver of certain conditions as set forth in the Offer to Purchase dated December 30, 2020 (the “Offer to Purchase”), including, but not limited to, the satisfaction or waiver of the financing condition described therein. The Tender Offers will expire at 11:59 p.m.New York City time on January 28, 2021 (the “Expiration Date”). Subject to satisfaction of the conditions to the Tender Offers set forth in the Offer to Purchase, the Company expects to accept and pay for all Tender Offer Notes tendered at or prior to the Expiration Date on or about January 29, 2021 (the “Settlement Date”). The deadline for holders to validly withdraw tenders of Tender Offer Notes has passed. Accordingly, tendered Tender Offer Notes may no longer be withdrawn or revoked, except in certain limited circumstances where additional withdrawal or revocation rights are required by law.