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Pioneer Drilling Reports Third Quarter 2009 Results

SAN ANTONIO, Texas, Nov 05, 2009 /PRNewswire-FirstCall via COMTEX/ --

Pioneer Drilling Company, Inc. (NYSE Amex : PDC) today reported financial and operating results for the three months ended September 30, 2009.

Third Quarter 2009 Results

Net loss for the third quarter was $9.2 million, or $0.18 per share, compared with a net loss for the second quarter of 2009 ("the prior quarter") of $6.3 million, or $0.13 per share. Net income for the third quarter of 2008 ("the year-earlier quarter") was $24.2 million, or $0.48 per diluted share.

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