Pioneer Oil & Gas reported earnings results for the third quarter and nine months ended June 30, 2012. For the quarter, the company's revenues were $204,709 as compared to revenues of $314,770 for the third quarter of fiscal 2011. Net loss was $174,281 or $0.02 per share as compared to a net loss of $288,344 or $0.04 per share for the third quarter of fiscal 2011.

For the nine-month period revenues were $781,733 as compared to $826,805 for the same period a year ago. Net loss was $416,514 as compared to a net loss of $530,773 for same nine-month period a year ago. Loss per share for the nine-month period was $0.05 per share as compared to $0.07 for fiscal 2011.