Pioneer Drilling investor sells 419,900 shares, keeps 12.92% interest

By Lisa Kerner

Charlotte, N.C., Nov. 18 - Pebbleton Corp. NV sold 419,900 shares of Pioneer Drilling Co. between Oct. 7 and Oct. 21 priced from $7.50 to $8.18 each, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.

Pebbleton beneficially owns 6,990,608 shares, or 12.92%, of the company's outstanding stock.

Pioneer Drilling is a San Antonio-based provider of contract land drilling services to oil and gas exploration and production companies.

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