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Pioneer Drilling CEO Presents At UBS Global Oil & Gas Conference. (Transcript)

Pioneer Drilling Co. (PDC)

UBS Global Oil & Gas Conference

May 24, 2012 12:20 pm ET

Executives

Stacy Locke- President and Chief Executive Officer

Analysts

Angie Sedita - UBS Securities

Presentation

Angie Sedita - UBS Securities

We are very pleased to have Pioneer Drilling here as our next presenter, Stacy Locke, who is the President and Chief Executive Officer of Pioneer Drilling. Stacy has served as President and CEO since December 2003. Prior to that he served as President and CFO from 2000 to 2003, and had been the President and COO from 1998 to 2000. He also actually started his career at investment banking. Stacey has been actually one of my favorite COOs and we give him even more credit this morning given the fact that he did see spasmodic last night, so here it goes.

Stacy Locke

Thank you, Angie. I do feel a little spasmodic today, but anyway I appreciate you all being here. Let's move this slide along. I must be pushing the wrong button. There we go. Okay. There we go.

Pioneer Drilling, pretty simple story, really. We are in four primary business lines. The top three identified here are part of our production services group. That group is headed up by a distinguished gentleman, Mr. Joe Eustace, over here. He is President of our Production Services group. Joe has been in the industry for about 30 years, started Dawson Wells service back in 1982, so he has been around the industry very, very long time.

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