Pioneer Drilling Announces Fourth Quarter 2010 Earnings Release and Conference Call Schedule

SAN ANTONIO, Jan. 24, 2011 /PRNewswire/ -- Pioneer Drilling Company (NYSE Amex: PDC) announced today that it intends to release financial and operational results for the three and twelve months ended December 31, 2010, on Thursday, February 17, before the market opens. In conjunction with the upcoming release, Pioneer has scheduled a conference call for February 17 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time).

  What:  Pioneer Drilling's Fourth Quarter 2010 Earnings Conference Call

  When:  Thursday, February 17, at 11:00 a.m. Eastern Time

          Live via phone by dialing 480-629-9773 and asking for the
          Pioneer Drilling call 10 minutes prior to the start time.  Or
  How:    live over the Internet by logging on to the web address below.

  Where: http://www.pioneerdrlg.com/

For those who cannot listen to the live call, a telephone replay will be available through Thursday, February 24, by calling (303) 590-3030 and using the pass code 4405009#. A webcast replay will also be archived in the investor relations section of the Company's web site at http://www.pioneerdrlg.com/. For more information, please contact Donna Washburn at DRG&L at (713) 529-6600 or email dmw@drg-l.com.

About Pioneer Drilling Company

Pioneer Drilling Company provides contract land drilling services to independent and major oil and gas operators in Texas, Louisiana, Oklahoma, Kansas, the Rocky Mountain and Appalachian regions and internationally in Colombia through its Pioneer Drilling Services Division. The Company also provides workover rig, wireline and fishing and rental services to producers in the U.S. Gulf Coast, Mid-Continent, Rocky Mountain and Appalachian regions through its Pioneer Production Services Division. Its fleet consists of 71 land drilling rigs that drill at depths ranging from 6,000 to 25,000 feet, 74 workover rigs (69 550-horsepower rigs, four 600-horsepower rigs and one 400-horsepower rig), 84 wireline units, and fishing and rental tools.

  Contacts:  Lorne E. Phillips, CFO
             Pioneer Drilling Company
             (210) 828-7689

             Lisa Elliott / lelliott@drg-l.com
             Anne Pearson / apearson@drg-l.com
             DRG&L  / (713) 529-6600

Pioneer Drilling Company, Inc.

CONTACT: Lorne E. Phillips, CFO of Pioneer Drilling Company,

+1-210-828-7689; or Lisa Elliott, lelliott@drg-l.com, or Anne Pearson,

apearson@drg-l.com, both of DRG&L, +1-713-529-6600, for Pioneer Drilling

Company

Web Site: http://www.pioneerdrlg.com/

http://www.pioneerdrlg.com/