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Pioneer Drilling Completes Senior Notes Exchange Offer

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July 18, 2012

Pioneer Drilling Company, Inc. (PDC) announced that it has completed the offer to exchange up to $175 million of its 9.875% Senior Notes due 2018, which have not been registered under the Securities Act of 1933 for a like principal amount of its 9.875% Senior Notes due 2018, which have been registered under the Securities Act of 1933.

The Company received tenders for all $175 million in aggregate principal amount of the 9.875% Senior Notes due 2018, which were exchanged for $175 million of 9.875% Senior Notes due 2018, which ...


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