Pioneer Oil and Gas reports earnings results for the first quarter ended December 31, 2013. For the quarter, the company's net loss was $803,744, or $0.14 loss per share, compared to a net loss of $185,216, or $0.03 loss per share, for the same quarter ended December 31, 2012. Revenue for the first quarter ended December 31, 2013 was $457,631, compared to $192,644 for the same quarter ended December 31, 2012.

Loss from operations for the first quarter ended December 31, 2013 was $823,592, compared to a loss from operations of $189,548 for the same quarter ended December 31, 2012.