EXHIBIT 99.1



                                  NEWS RELEASE

                                                    Investor Relations Contacts:
                                Susan Spratlen or Chris Paulsen   (972) 444-9001


            Pioneer Announces Results of Change of Control Offer for
                          5.875% Senior Notes due 2012


Dallas,   Texas,   November  11,  2004  --  Pioneer  Natural  Resources  Company
("Pioneer")  (NYSE:PXD)  today  announced  results for its previously  announced
change of control  offer (the "Change of Control  Offer") to purchase any or all
of the  5.875%  Senior  Notes  due 2012  (the  "Notes"),  originally  issued  by
Evergreen Resources, Inc., ("Evergreen"),  pursuant to the Indenture dated March
10, 2004,  as amended and  supplemented,  by and among  Pioneer (as successor to
Evergreen),  Pioneer  Natural  Resources USA, Inc., (for purposes of agreeing to
make certain guarantees thereunder), and Wachovia Bank, National Association, as
trustee, in connection with the change of control of Evergreen.

Upon the  expiration of the Change of Control  Offer,  as of 5:00 p.m., New York
City time, on Wednesday, November 10, 2004, Pioneer had received tenders of $5.5
million in the principal  amount of the Notes, all of which will be accepted for
purchase by Pioneer. Payments for the tendered Notes will be transmitted through
the facilities of The Depository Trust Company.

Pioneer is a large  independent oil and gas  exploration and production  company
with  operations in the United States,  Argentina,  Canada,  Equatorial  Guinea,
South  Africa  and  Tunisia.  Pioneer's  headquarters  are in  Dallas.  For more
information, visit Pioneer's website at www.pioneernrc.com.

Except for historical  information contained herein, the statements in this News
Release are forward-looking statements that are made pursuant to the Safe Harbor
Provisions of the Private  Securities  Litigation  Reform Act of 1995.  Forward-
looking statements and the business prospects of Pioneer are subject to a number
of risks and  uncertainties  that may cause  Pioneer's  actual results in future
periods to differ materially from the  forward-looking  statements.  These risks
and uncertainties include, among other things, volatility of oil and gas prices,
product  supply  and  demand,  competition,  government  regulation  or  action,
international  operations  and associated  international  political and economic
instability,  litigation,  the costs and  results of  drilling  and  operations,
Pioneer's ability to replace reserves, implement its business plans, or complete
its  development  projects  as  scheduled,   access  to  and  cost  of  capital,
uncertainties   about   estimates  of  reserves,   quality  of  technical  data,
environmental and weather risks, acts of war or terrorism. These and other risks
are  described  in Pioneer's  10-K and 10-Q  Reports and other  filings with the
Securities and Exchange Commission.