October 9, 2007 – SAN ANTONIO, TEXAS – Pioneer Drilling Company (AMEX: PDC) announced today that it intends to release the financial results for its fiscal second quarter of 2008 on Friday, November 2, 2007 at 6:00 a.m. eastern time. In conjunction with the upcoming release, Pioneer Drilling has scheduled a conference call, which will be broadcast live over the Internet, on Friday, November 2, 2007 at 10:00 a.m. eastern time (9:00 a.m. central).

What: Pioneer Drilling’s Fiscal Second Quarter 2008 Conference Call

When: Friday, November 2, 2007 – 10:00 a.m. eastern time

How: Live via phone - By dialing (303) 262-2125 and asking for the Pioneer Drilling call 10 minutes prior to the start time. Or 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 replay will be available through November 9, 2007, and may be accessed by calling (303) 590-3000 and using the pass code 11099358#. A replay can also be found in the investor relations section of the Company’s web site at www.pioneerdrlg.com, where it will be archived for one year. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.

Pioneer Drilling provides land contract drilling services to independent and major oil and gas operators drilling wells in Texas, Louisiana, Oklahoma, Kansas, the Rocky Mountain region, and internationally in Colombia. Its fleet consists of 69 land drilling rigs that drill in depth ranges between 6,000 and 18,000 feet.