SOUTH JORDAN, Utah,
Jan. 7, 2015 /PRNewswire/
-- Pioneer Oil and Gas (Pink Sheets: POGS – News) announced
financial results for fiscal 2014. Revenues for fiscal year
2014 (period ending September 30,
2014) were $1,315,815 as
compared to revenues of $926,843 for
fiscal 2013. The Company had a net loss of $1,075,656 or $.19
per share as compared to a net loss of $1,299,000 or $.23
per share for fiscal 2013.
Pioneer's detailed financial statements can be viewed at
http://www.piol.com/fi.html.
Statements concerning future financial results, production,
expenditures, reserve estimates, and other items are
forward-looking statements. These statements are based on
assumptions concerning commodity prices, drilling results and other
factors management believes are reasonable based on currently
available information; however, management's assumptions and the
Company's future performance are both subject to a wide range of
business risks, and there is no assurance that these goals and
projections can or will be met.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/pioneer-announces-fiscal-2014-results-300017285.html
SOURCE Pioneer Oil and Gas
