Detail akcie Pioneer O & G online

Business Summary: Pioneer Oil and Gas is an oil and gas exploration company. The Company is engaged in the business of acquiring, developing, producing and selling oil and gas properties to companies located in the continental United States. The Company has exploration in Utah Wyoming and Nevada. The Company has acreage position in Central Utah near the Covenant Field operated by Wolverine Gas & Oil. The Company has approximately one operated producing well and non-operating interests in over 1,200 wells.
Financial Summary: BRIEF: For the nine months ended 30 June 2014, Pioneer Oil and Gas revenues increased 51% to $976K. Net loss increased from $492K to $1.1M. Revenues reflect Royalty Revenue increase of 57% to $388K. Higher net loss reflects of resale leases increase from $70K to $948K (expense), Exploration Costs increase of 8% to $277K (expense), Interest Income decrease of 45% to $8K (income).