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NEWS RELEASES

October 6, 2008

Pioneer Drilling Appoints Two New Directors

August 28, 2008

Pioneer Drilling Receives Compliance Notice From AMEX

August 26, 2008

Pioneer Drilling To Present At The Lehman Brothers CEO Energy/Power Conference

August 22, 2008

Pioneer Drilling CFO Schuldt Resigns

August 7, 2008

Pioneer Drilling Reports Second Quarter 2008 Financial Results

August 5, 2008

Pioneer Drilling Announces Second Quarter 2008 Earnings Release and Conference Call Schedule

August 5, 2008

Pioneer Drilling Discloses Findings of Internal Investigation and Reports First Quarter 2008 Financial Results

May 21, 2008

Pioneer Drilling Receives Compliance Letter From AMEX

May 12, 2008

Pioneer Drilling Files Form 12b-25 With the SEC and Postpones Related Earnings Release Conference Call

May 8, 2008

Pioneer Drilling Reschedules Its First Quarter 2008 Earnings Release and Conferce Call For Tuesday, May 13.

April 16, 2008

Pioneer Drilling Company (AMEX: PDC) announced today that it intends to release financial results for the three months ended March 31, 2008, on Thursday, May 8, before the market opens.

March 3, 2008

Pioneer Completes Acquisition of the WEDGE Companies & Separately Acquires Competition Wireline

February 27, 2008

Pioneer Reports for Its Third Quarter and Nine Month Reporting Year Ended December 31, 2007

February 12, 2008

Pioneer Drilling Announces Earnings Release and Conference Call Schedule for Quarter Ended December 31, 2007

February 1, 2008

Pioneer to Acquire WEDGE Well Services, WEDBE Wireline, & WEDGE Fishing & Rental Services

December 12, 2007

Pioneer Drilling Company Changes Fiscal Year-End to December 31

November 13, 2007

Pioneer Drilling To Present At The Bank Of America 2006 Energy Conference

November 2, 2007

Pioneer Drilling Reports Second Quarter 2008 Results

October 9, 2007

Pioneer Drilling Announces Fiscal Second Quarter 2008 Earnings Releae and Conference Call Schedule

September 28, 2007

Pioneer Drilling Announces Director Resignation

August 28, 2007

Pioneer Drilling to Present at the Lehman Brothers CEO Energy/Power Conference

August 2, 2007

Pioneer Drilling Reports Fiscal First Quarter 2008 Results

July 17, 2007

Pioneer Drilling Appoints New Chief Financial Officer

August 2, 2007

Pioneer Drilling Announces Fiscal First Quarter 2008 Earnings Release and Conference Call Schedule

May 23, 2007

Pioneer Drilling to Present at the Deutsche Bank Securities 2007 Energy and Utilities Conference

May 17, 2007

Pioneer Drilling Announces Fiscal 2007 Results

April 31, 2007

Pioneer Drilling Announces Fiscal Fourth Quarter 2007 Earnings Release and Conference Call Schedule.

March 5, 2007

Pioneer Drilling to Present at the Raymond james 28th Annual Institutional Investor Conference

February 1, 2007

Pioneer Drilling Reports Record Fiscal Third Quarter 2007 Results

January 18, 2007

Pioneer Drilling Announces Fiscal Third Quarter 2007 Earnings Relase and Conference Call Schedule

January 16, 2007

Pioneer Drilling Mourns the Death of Michael E. Little, Chairman of the Board

November 14, 2006

Pioneer Drilling To Present At The Bank Of America 2006 Energy Conference

November 2, 2006

Pioneer Drilling Reports Record Fiscal Second Quarter 2007 Results

October 6, 2006

Pioneer Drilling Announces Fiscal Second Quarter 2007 Earnings Release and Conference Call Schedule

September 11, 2006

Webcast Update: Pioneer Drilling's Presentation at the Raymond James Investor Conference Has Changed to 10:40 UK Time on September 14, 2006.

September 5, 2006

Pioneer Drilling Delivers Its 60th Rig;Pioneer Orders 70 Iron Roughnecks & Two Topdrivers

August 22, 2006

Pioneer Drilling to Present at Lehman Brothers and Raymond James Investor Conferences

August 3, 2006

Pioneer Drilling Reschedules Q&A Portion of Fiscal First Quarter 2007 Earnings Conference Call

August 3, 2006

Pioneer Drilling Reports Record Fiscal First Quarter 2007 Results

July 13, 2006

Pioneer Drilling Announces Fiscal First Quarter 2007 Earnings Release and Conference Call Schedule

May 25, 2006

Pioneer Drilling Announces Reports Record Fiscal Fourth Quarter 2006 Results

May 4, 2006

Pioneer Drilling Announces Fiscal Fourth Quarter Earnings Release and Conference Call Schedule

March 6, 2006

Pioneer Drilling To Present at the Raymond James 27th Annual Institutional Investor Conference

February 7, 2006

Pioneer Drilling Reports Public Offering of Common Stock

February 2, 2006

Pioneer Drilling Reports Record Fiscal Third Quarter 2006 Results

January 25, 2006

Pioneer Drilling Announces Fiscal Third Quarter Earnings Release and Conference Call Schedule

January 9, 2006

Pioneer Drilling To Present At The Pritchard Capital And SIDOTI Conference in January 2006

November 15, 2005

Pioneer Drilling To Present At The Bank Of America Energy Conference

November 3, 2005

Pioneer Drilling Reports Record Fiscal Second Quarter 2006 Results

October 20, 2005

Pioneer Drilling Announces Fiscal Second Quarter Earnings Release and Conference Call Schedule

August 31, 2005

Pioneer Drilling To Present at the Lehman Brothers CEO Energy/Power Conference

August 4, 2005

Pioneer Drilling Reports Record Fiscal First Quarter 2006 Results

July 15, 2005

Pioneer Drilling Announces Fiscal First Quarter 2006 Earnings Release and Conference Call Schedule

May 26, 2005

Pioneer Drilling Reports Fiscal Fourth Quarter and Year-End 2005 Results

May 17, 2005

Pioneer Drilling Announces Fiscal Fourth Quarter and Year End Earnings Release and Conference Call Schedule

March 30, 2005

Pioneer Drilling Announces Closing of Public Offering of Common Stock and Exercise of Underwriters' Over Allotment Option

March 23, 2005

Pioneer Drilling Announces Pricing of Offering of 12,600,000 Shares of Common Stock

February 7, 2005

Pioneer Drilling Reports Fiscal Third Quarter Results

February 3, 2005

Pioneer Drilling Announces Fiscal Third Quarter 2005 Earnings Release and Conference Call Schedule

December 16, 2004

Pioneer Drilling completes acquisition of rigs and equipment from Allen Drilling

December 1, 2004

Pioneer Drilling to acquire Oklahoma Drilling Business

November 11, 2004

Pioneer Drilling to acquire Rocky Mountain Drilling Business

November 10, 2004

Pioneer Drilling to present at the Banc of America Securities Energy & Power Conference

November 4, 2004

Pioneer Drilling Company (AMEX: PDC) today reported results for the quarter and six months ended September 30, 2004.

November 2, 2004

Pioneer Drilling Company (AMEX: PDC) today announced that it has completed a new senior bank credit facility.

October 15, 2004

Pioneer Drilling Announces Fiscal Second Quarter 2005 Earnings Release and Conference Call Schedule

August 31, 2004

Pioneer Drilling Announces Underwriters' Exercise of Over-Allotment Option For Shares of Common Stock

August 31, 2004

Pioneer Drilling To Present At Lehman Brothers CEO Energy / Power Conference September 7

August 9, 2004

Pioneer Drilling Announces Pricing of Offering of 9,582,018 Shares of Common Stock

August 4, 2004

Pioneer Drilling Reports Fiscal First Quarter Results

July 30, 2004

Pioneer Drilling Announces Fiscal First Quarter 2005 Earnings Release and Conference Call Schedule

July 28, 2004

Pioneer Drilling Provides Outlook For Fiscal 2005 First Quarter

June 23, 2004

Pioneer Drilling Reports Fiscal Fourth Quarter And Year End 2004 Results

June 21, 2004

Pioneer Drilling Reschedules Announcement Of Fourth Quarter And Year End 2004 Results

May 26, 2004

Pioneer Drilling Announces Fiscal Fourth Quarter 2004 Earnings Release And Conference Call Schedule

May 17, 2004

Pioneer Drilling Elects Two New Independent Directors

March 5, 2004

Pioneer Drilling Completes Acquisition Of Seven Rigs

February 23, 2004

Pioneer Drilling Completes $23.8 Million Common Stock Private Placement

February 5, 2004

Pioneer Drilling Reports Fiscal 2004 Third Quarter Results

January 26, 2004

Pioneer Drilling Announces Fiscal Third Quarter 2004 Earnings Release And Conference Call Schedule

January 15, 2004

Pioneer Drilling Agrees To Buy Seven Rigs

December 8, 2003

Pioneer Drilling Officer Changes

November 6, 2003, 2003

Pioneer Drilling Reports Fiscal 2004 Second Quarter Results

August 7, 2003

Pioneer Drilling Reports Fiscal First Quarter Results

July 30, 2003

Pioneer Drilling Acquires Two Land Rigs

Increasing It's Fleet To a Total of 28 Rigs

July 30, 2003

Pioneer Drilling Announces Fiscal First Quarter 2004 Earnings Release And Conference Schedule

June 3, 2003
Pioneer Drilling Reports Fiscal Fourth Quarter And Year End 2003 Results
May 28, 2003
Pioneer Drilling Announces Fiscal Fourth Quarter 2003 Earnings Release
April 1, 2003
Pioneer Drilling Announces $20 Million Equity Investment By Chesapeake Energy Corporation
February 6, 2003
Pioneer Drilling Reports Fiscal Third Quarter 2003 Results
November 7, 2002
Pioneer Drilling Reports Fiscal Second Quarter 2003 Results
August 8, 2002
Pioneer Drilling Reports Fiscal First Quarter 2003 Results
July 15, 2002
Pioneer Drilling Adds Its Tenth SCR Land Rig And Completes Financing
June 11, 2002
Pioneer Drilling Reports Fiscal Fourth Quarter And Year End 2002 Results
June 3, 2002
Pioneer Drilling Announces Fiscal Fourth Quarter 2002 Earnings Release And Conference Call Schedule
June 3, 2002
Pioneer Drilling Adding Four Land Rigs
February 7, 2002
Pioneer Drilling Reports Third Quarter Results
November 1, 2001
Pioneer Drilling Reports Record Second Quarter Results
October 19, 2001
Pioneer Drilling Announces Fiscal Second Quarter 2002 Earnings Release And Conference Call Schedule
October 11, 2001
Pioneer Drilling Completes Private Placement Of $18 Million Convertible Subordinated Deventure
September 7, 2001
Pioneer Drilling Company To Present At Morgan Keegan Energy Conference
August 21, 2001
South Texas Drilling Changes Name To Pioneer Drilling Company
August 8, 2001
South Texas Drilling Reports Record Fiscal 2002 First Quarter Results
July 27, 2001
South Texas Drilling Announces Fiscal Quarter 2001 Earnings Release And Conference Call Schedule
June 21, 2001
South Texas Drilling Reports Record Fiscal Fourth Quarter And Year End Results
May 1, 2001
South Texas Drilling & Exploration, Inc. Purchase of 18,000 Foot Land Rig
April 2, 2001
South Texas Drilling & Exploration, Inc. Acquisition Of Mustang Drilling, Inc.



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