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

SAN ANTONIO, March 5 /PRNewswire-FirstCall/ — Pioneer Drilling Company today announced that William D. Hibbetts, Senior Vice President and Chief Financial Officer, will be participating in the Raymond James 28th Annual Institutional Investors Conference to be held in Florida on March 4-7, 2007.

The Company’s presentation at the conference will be webcast live with an accompanying slideshow on Tuesday, March 6 from approximately 3:25 p.m. to 3:55 p.m. Eastern Time. To listen to the live audio webcast and view Pioneer Drilling’s slideshow, visit the Company’s website at http://www.pioneerdrlg.com/ . The presentation will also be available for replay from the Company’s website for a period of 30 days.

Pioneer Drilling provides land contract drilling services to independent and major oil and gas operators drilling wells in Texas, Louisiana, Oklahoma, Kansas and in the Rocky Mountain region. Its fleet consists of 64 land drilling rigs that drill in depth ranges between 6,000 and 18,000 feet.

    Contacts:  Bill Hibbetts, Senior VP & CFO               Pioneer Drilling Company               210-828-7689                Ken Dennard / ksdennard@drg-e.com               Lisa Elliott / lelliott@drg-e.com               DRG&E / 713-529-6600  

Pioneer Drilling Company

CONTACT: Bill Hibbetts, Senior VP & CFO of Pioneer Drilling Company,+1-210-828-7689; or Ken Dennard, ksdennard@drg-e.com , or Lisa Elliott,lelliott@drg-e.com , both of DRG&E, +1-713-529-6600, for Pioneer DrillingCompany

Web site: http://www.pioneerdrlg.com/http://www.raymondjamesecm.com/conference_detail_main.asp?content_id=100