Pioneer Drilling investor Pebbleton reports 14.52% ownership

By Lisa Kerner

Charlotte, N.C., March 6 - Pebbleton Corp. NV bought 1,391,735 shares of Pioneer Drilling Co. on March 2 through March 5.

The shares were priced from $3.89 to $3.99 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

Between Feb. 17 and Feb. 24, Pebbleton bought 700,000 shares, a prior SEC filing said.

Pebbleton beneficially owns 7,258,735 shares, or 14.52%, 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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.