BNET Industries

Market Cap:$324.7M
Last Fiscal Year Sales:$313.8M
  • Public
  • US
Dow Jones Description

Drilling Oil & Gas Wells

President, CEO
Stacy Locke
Number of Employees 1,700
Contact Information

Ste 1000 1250 Ne Loop 410

San Antonio, Texas 78209-1560

pioneerdrlg.com

(210) 828-7689

NAICS Code Drilling Oil and Gas Wells: 213111

Recent Events

  • BMO Capital & Raymond James Upgrade Pioneer Drilling PDC

    11/06/09 - Bond / Stock Rating - View Story

  • Pioneer Drilling PDC Posts Q3 Loss of $0.18, Beats by 4c

    11/05/09 - Financial Announcement - View Story

  • BRIEF-RESEARCH ALERT-UBS raises Basic Energy, Bronco Drilling to neutral

    10/01/09 - Bond / Stock Rating - View Story

  • Pioneer Drilling Reports Second Quarter 2009 Results

    8/06/09 - Financial Announcement - View Story

  • New bar presidents named

    7/18/09 - Legal Settlement - View Story

News & Analysis

pioneer drilling co. and seeking alpha - All News and Analysis

Decision Makers

Name (plus bio) Position
Stacy Locke President, CEO
Brooks Eustace Joseph President Pps Division of Pdc
Franklin West Executive Vice President and Chief Operating Officer
Joyce Schuldt Executive Vice President and Chief Financial Officer
Kurt M. Forkheim Vice President & Chief Accounting Officers
Lorne Phillips Executive Vice President and Chief Financial Officer
William D. Hibbetts CFO
Joseph B. Eustace Executive Vice President and President of Production Services Division
Donald G. Lacombe Senior Vice President Marketing
Billy King Vice President, Division Manager
Blaine David Vice President, Operations
Buddy Shamblin Vice President, Division Manager
Carlos R Pena Vice President, General Counsel, Corporate Secretary and Compliance Officer
J Blaine David Vice President Operations
Willie Walker Vice President of Operations
James M. Tidwell Class I Director
Bob Orr Division Manager
George Fuentes Division Manager
Robin Graybill Division Manager
Troy Harris Division Manager
Carl Russell Superintendent
Cecil Farmer Drilling Superintendent
Charlie Millhouse Drilling Superintendent
Charlie Walsh Drilling Superintendent
Chuck Cline Marketing Representative
Dakota Del Norte
Danny Bates Toolpusher
David Roberts Drilling Superintendent
Dennis G Teel Marketing Representative
Don White
Greg Doramus Marketing Representative
Jimmy Kremling Drilling Superintendent
Mark Drozd Drilling Superintendent
Michael Hunt Superintendent
Mike Langley Superintendent
Paul Snelling
Ronnie Mayfield Drilling Superintendent
Roy Darden Drilling Superintendent
Shannon Holter Drilling Superintendent
Ted Snelling
Wyatt Halliday Marketing Representative

Board of Directors

Name (plus bio) Position
C. Robert Bunch Chairman of the Board
Dean A. Burkhardt Chairman of the Board
C. John Thompson Board of Directors
John M. Rauh Board of Directors
Michael F. Harness Board of Directors
Scott D. Urban Board of Directors
Wm Stacy Locke Board of Directors

Organization Position Status
Pioneer Drilling Company President, CEO Current
Pioneer Drilling Company Board of Directors Current

Organization Position Status
Pioneer Drilling Company President Pps Division of Pdc Current

Organization Position Status
Pioneer Drilling Company Executive Vice President and Chief Operating Officer Current

Organization Position Status
Pioneer Drilling Company Executive Vice President and Chief Financial Officer Current
Precision Tube Technology Inc. Vice President Current
Maverick Tube Corporation Chief Financial Officer Former
Maverick Tube Corporation Senior Vice President Former
Maverick Tube Corporation Secretary Former

Organization Position Status
Pioneer Drilling Company Vice President & Chief Accounting Officers Current

Mr. Phillips was appointed Executive Vice President and Chief Financial Officer in February 2009. Prior to joining Pioneer Drilling Company, Mr. Phillips worked the last 10 years at Cameron International Corporation, serving most recently as Vice President and Treasurer. Prior to that, he was General Manager of Cameron's Canadian valves operations, Vice President of Marketing and M&A for the valves division, and Business Development Manager for Cameron. Before joining Cameron, he was a Financial Analyst for SCF Partners, a provider of equity capital to energy service and equipment companies, and for Simmons & Company International, an investment bank focused on the energy industry.

Organization Position Status
Pioneer Drilling Company Executive Vice President and Chief Financial Officer Current
Cameron International Corporation Treasurer & Vice President Former

Organization Position Status
Pioneer Drilling Company CFO Current
Pioneer Drilling Company Officer Former

Organization Position Status
Pioneer Drilling Company Executive Vice President and President of Production Services Division Current

Organization Position Status
Pioneer Drilling Company Senior Vice President Marketing Current
Pioneer Drilling Company Manager Wolf Drilling's South Texas Division Former
Pioneer Drilling Company Officer Former

Mr. King has served as Division Manager since April 2002. Prior to becoming Division Manager, Mr. King served as Drilling Superintendent from March 2001 when Pioneer acquired Mustang Drilling. While Mr. King was with Mustang Drilling, he served as Drilling Superintendent from August 1995 to March 2001.

Organization Position Status
Pioneer Drilling Company Vice President, Division Manager Current

Mr. David has served Pioneer Drilling since May 2004. Mr. David recently acquired the position of Vice President of Operations for Pioneer Drilling. Mr. David has over 24 years experience in the drilling industry, including 19 years for Grey Wolf, 4 years as an Operations Manager overseas and as a drilling consultant.

Organization Position Status
Pioneer Drilling Company Vice President, Operations Current

Mr. Shamblin has served as VP/Division Manager since April 2004. Mr. Shamblin has over 40 years experience in the drilling industry having spent most of his career at Flournoy Drilling and Grey Wolf.

Organization Position Status
Pioneer Drilling Company Vice President, Division Manager Current

Organization Position Status
Pioneer Drilling Company Vice President, General Counsel, Corporate Secretary and Compliance Officer Current
Fulbright & Jaworski Former

El Sr. David ha trabajado en Pioneer Drilling desde el mes de mayo de 2004. El Sr. David Asumio la posicion de vice presidente de poeraciones luego de ser gerente de division en pioneer drilling durante 2 anos.El Sr. David recientemente fue nombrado al puesto de Vicepresidente de Operaciones de Pioneer Drilling. El Sr. David tiene mas de 24 anos de experiencia en la industria de perforacion, incluyendo 19 anos con Grey Wolf, 4 anos como Gerente de Operaciones en el extranjero y como consultor de perforacion.

Organization Position Status
Pioneer Drilling Company Vice President Operations Current
Pioneer Drilling Company Division Manager Former

Organization Position Status
Pioneer Drilling Company Vice President of Operations Current
Pioneer Drilling Company Division Manager Former
Grey Wolf, Inc. Drilling Superintendent Former

Organization Position Status
Wedge Group Inc. Chief Executive Officer Current
Wedge Group Inc. President Current
Pioneer Drilling Company Class I Director Current
Pioneer Drilling Company Board of Directors Current
T-3 Energy Services, Inc. Board of Directors Current
National MS Society Board of Directors Current
Chart Industries, Inc. Board of Directors Current
Control, Inc President Former
Daniel Measurement and Control, Inc. President Former
Wedge Group Inc. Chief Operating Officer Former
Wedge and Company Chief Operating Officer Former
Hydril Company Chief Financial Officer Former
Daniel Measurement and Control, Inc. Executive Vice President Former
Wedge and Company Executive Vice President Former
Wedge Group Inc. Executive Vice President Former
Hydril Company Vice President Former
Stewart & Stevenson Services, Inc. member Former

Organization Position Status
Pioneer Drilling Company Division Manager Current

Mr. Fuentes has served as Division Manager for Pioneer Drilling since March 2005. He began his career in 1976 with Flournoy Drilling Company in various capacities, which was acquired by Grey Wolf. In 2002 Mr. Fuentes served Pioneer as a toolpusher and in 2003 served as Drilling Superintendent in the South Texas Division.

Organization Position Status
Pioneer Drilling Company Division Manager Current

Mr. Graybill has served as Division Manager for Pioneer Drilling Company since January 2006. Mr. Graybill has 23 years experience in the drilling industry, including drilling experience in various states in the U.S. as well as several South American countries.

Organization Position Status
Pioneer Drilling Company Division Manager Current

Mr. Harris served as superintendent since August 2004 when Pioneer Drilling started the Utah Division. Throughout his oilfield career, he has held various positions to get to where he is today. He has extensive drilling experience in Utah, Colorado, Wyoming & California. He has been in the drilling industry for over 30 years.

Organization Position Status
Pioneer Drilling Company Division Manager Current

Mr. Russell has been a Superintendent for Pioneer Drilling since 2002. He has over 20 years experience in the drilling industry most of which was with Mustang Drilling.

Organization Position Status
Pioneer Drilling Company Superintendent Current

Mr. Farmer has served as Superintendent since December 2004 when Pioneer acquired Allen Drilling Company. After joining Allen Drilling on 1982 he has held various positions and has extensive drilling experience in Oklahoma, Kansas, Colorado, and Texas. He has been in the drilling industry for over 32 years.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Mr. Millhouse has served as Drilling Superintendent for Pioneer Drilling Company since April of 2005. Mr. Millhouse has over 40 years experience in the drilling industry serving as toolpusher for Flournoy Drilling, Grey Wolf and Pioneer Drilling.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Mr. Walsh has served as Superintendent for Pioneer Drilling Company since August 2002 when Pioneer acquired Texas Interstate Drilling Company. He has been in the drilling industry for over 31 years.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Organization Position Status
Pioneer Drilling Company Marketing Representative Current

Organization Position Status
Pioneer Drilling Company Current

Organization Position Status
Pioneer Drilling Company Toolpusher Current

Mr. Roberts came to Pioneer Drilling Company as a Toolpusher on Rig 50. He broke out in the oilfield in 1976 just after graduating and continued to work his way up to Toolpusher in the Kansas and Northwestern Oklahoma area. He had been pushing tools for 2 other companies since 1981 before coming on board with Pioneer last year.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Organization Position Status
Pioneer Drilling Company Marketing Representative Current

Organization Position Status
Pioneer Drilling Company Current

Mr. Doramus has served in the Sales and Marketing position for the South Texas Division since April 2003. He has 22 years experience in the oil and gas industry with Smith International, including Drilco and Smith Bits.

Organization Position Status
Pioneer Drilling Company Marketing Representative Current
Smith International, Inc. Former

Mr. Kremling has served as Superintendent for Pioneer Drilling since March 2002. He was a rig manager for Grey Wolf from 1996 to 2002 then migrated to Pioneer Drilling. Throughout his oilfield career he has held various positions on an oil rig. He has extensive drilling experience in South Texas, North Dakota, and Utah. Overall he has been in the drilling industry for 29 years.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current
Grey Wolf, Inc. Rig Manager Former

Mark Drozd, Drilling SuperintendentMr. Drozd has served as Drilling Superintendent for Pioneer Drilling since December of 2005. Mr. Drozd has over 30 years experience in the drilling industry serving as toolpusher for Richards Drilling, Grey Wolf and Pioneer Drilling.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Mr. Hunt has been a Superintendent for Pioneer Drilling since 2003. He has over 25 years experience in the drilling industry. He has spent most of this career working at Southwest Drilling and Mustang Drilling

Organization Position Status
Pioneer Drilling Company Superintendent Current

Mr. Langley has been a Superintendent for Pioneer Drilling since 2004. He has over 35 years experience in the drilling industry most of which was with Sawyer Drilling.

Organization Position Status
Pioneer Drilling Company Superintendent Current

Organization Position Status
Pioneer Drilling Company Current
Bass Enterprises, Inc. Drilling Consultant Former

Mr. Mayfield has served as Drilling Superintendent for Pioneer Drilling Company since April of 2005. Mr. Mayfield has over 30 years experience in the drilling industry serving as toolpusher for Patterson Drilling, Grey Wolf and Pioneer Drilling.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Mr. Darden originally came to Pioneer Drilling Company with the acquisition of Texas Interstate Drilling in 2002. He served Pioneer as a toolpusher until late 2004, when he left to pursue a consulting career with Chief Oil and Gas and later with Devon Energy. Mr. Darden returned to work with Pioneer Drilling Company as a drilling superintendent in March 2007. Mr. Darden has 21 years of oilfield experience.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Mr. Holter as served as Drilling Superintendent since May of 2006. He has been in the oil industry since 1988. He worked for Eagle Operating for 14 years in North Dakota, Montana and Colorado prior to coming to Pioneer Drilling.

Organization Position Status
Pioneer Drilling Company Drilling Superintendent Current

Organization Position Status
Pioneer Drilling Company Current

Organization Position Status
Pioneer Drilling Company Marketing Representative Current

El Sr. Bunch ha sido parte del grupo de directores desde mayo de 2004. Es miembro del Comite de Auditoria de Pioneer, del Comite de Gestion Nominadora y Corporativa, y Presidente del Comite de Compensacion de Pioneer. Anteriormente, el Sr. Bunch fue Director y Director Ejecutivo General de Maverick Tube Corporation y fue Presidente y Director Ejecutivo de Operaciones de Input/Output Inc. El Sr. Bunch tambien fue socio en los bufetes de abogados de, King & Pennington, LLP y Scout, Douglass & McConnico, LLP. El Sr. Bunch ha sido participante activo en la industria de servicio petrolifero desde 1981.

Organization Position Status
Pioneer Drilling Company Chairman of the Board Current
Sub-One Technology Inc Director Current
Z-Seis Corporation Director Current
Olin Corporation Director Current
Pioneer Corporation Member Current
Maverick Tube Corporation Chief Executive Officer Former
Maverick Tube Corporation President Former
OYO Geospace Corp. Former
Tescorp Former
Maverick Tube Corporation Chairman Former
The University of Houston Juris Doctorate Degree Former
Rice University Master of Administration Degree in Accounting Former
The University of Houston Bachelor's Degree In Economics Former
Rice University Bachelor's Degree In Economics Former
Maverick Tube Corporation member Former

Organization Position Status
Pioneer Drilling Company Chairman of the Board Current
Tescorp President Former
Tescorp Coo Former
Cheyenne Services, Inc Executive Vice President of Sales Former
Cheyenne Services, Inc Co-Founder Former
Tescorp Co-Founder Former
Pioneer Drilling Company Board of Directors Former
Cheyenne Services, Inc Director Former

Mr. Thompson has served as a director since May 2001. Mr. Thompson serves as a member of the Audit Committee and Compensation Committee. Mr. Thompson currently serves as a Principal of Vector Energy Capital, L.L.C., a company he co-founded in 2005 to provide capital advisory services to upstream oil and gas producers. Mr. Thompson also serves as Chairman and Chief Executive Officer of Ventana Capital Advisors, Inc., a capital advisory company he founded in June 2004. Mr. Thompson was a Vice President of Constellation Energy and a consultant to the oil and gas industry. Mr. Thompson was Vice President and Co-Manager of Enron Energy Capital Resources from February 2000 to December 2001.

Organization Position Status
Pioneer Drilling Company Board of Directors Current

Organization Position Status
Pioneer Drilling Company Board of Directors Current
Kerr-McGee Corporation Chief Accounting Officer, Vice President & Controller Former
Arthur Young, Inc. Auditor Former
Oklahoma State University Masters Degree In Accounting Former

Organization Position Status
Osyka Corporation Chief Executive Officer Current
Osyka Corporation President Current
Osyka Corporation Owner Current
Osyka Corporation Chairman Current
Ipaa Board of Directors Current
Pioneer Drilling Company Board of Directors Current
National Petroleum Council Board of Directors Former
Tulane University MS In Petroleum Engineering Former

Organization Position Status
Pioneer Drilling Company Board of Directors Current
Noble Energy, Inc. Board of Directors Current

Organization Position Status
Pioneer Drilling Company Board of Directors Current
Pioneer Drilling Company President & CEO Former

Executive News

  • Pioneer Drilling to Present at the UBS Global Oil & Gas Conference and Deutsche Bank Energy, Utilities & Power Conference

    PR Newswire - 5/21/09 - View Story

advertisement
     PDC $6.00 -0.31 (-4.91% )
Average Volume 466,555
Shares Outstanding 50.31M
Market Cap 301.8M
Year High 8.37
Year Low 3.13
Earnings Per Share -2.65
P/E Ratio -2.26
Dividend N/A
Yield N/A
advertisement