SAN ANTONIO, TEXAS – November 14, 2006 – Pioneer Drilling Company (AMEX:PDC) announced today that the Company will be presenting at the Bank of America 2006 Energy Conference to be held at the The Ritz-Carlton Key Biscayne, Florida from Wednesday, November 15 through Friday, November 17, 2006.

Wm. Stacy Locke, Pioneer Drilling’s President and Chief Executive Officer, is scheduled to present on Friday, November 17, 2006, at 2:10 p.m. eastern time. The audio presentation with accompanying slides will be broadcast live over the Internet and available for replay until December 1, 2006. To access the presentation, visit the Company’s website at www.pioneerdrlg.com.

Pioneer Drilling provides land contract drilling services to independent and major oil and gas operators drilling wells in Texas, Louisiana, Oklahoma and in the Rocky Mountain region. Its fleet consists of 62 land drilling rigs that drill in depth ranges between 6,000 and 18,000 feet.