UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) July 30, 2003

 

PIONEER DRILLING COMPANY

(Exact name of registrant as specified in its charter)

 

State of Texas

 

2-70145

 

74-2088619

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

 

 

 

 

9310 Broadway, Building 1
San Antonio, Texas

 

 

 

78217 

(Address of principal executive offices)

 

 

 

(Zip Code)

 

 

 

 

 

Registrant’s telephone number, including area code  (210) 828-7689

 

 

 

Item 5.  Other Events and Regulation FD Disclosure.

 

On July 30, 2003, we issued a press release reporting our purchase of two mechanical land drilling rigs and related assets, including rig hauling trucks, trailers, vehicles, spare drill pipe and yard equipment, from Texas Interstate Drilling Company, L. P. for $2,500,000 in cash and the issuance of 477,000 shares of our common stock.  The press release is attached as Exhibit 99.1.

 

Item 7. Exhibits.

 

No.

 

Document

 

 

 

99.1

 

Press release issued by Pioneer Drilling Company dated July 30, 2003.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:

July 31, 2003

PIONEER DRILLING COMPANY

 

 

 

 

 

By:

/s/ Wm. Stacy Locke

 

 

Wm. Stacy Locke, President

 

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