History Pioneer Exploration, Ltd.

HISTORY

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COMPANY HISTORY

Pioneer was incorporated in 1983. Pioneer was started by purchasing a number of major oil and gas properties from Sun, Exxon, Mobil, Chevron, Texaco and other oil and gas companies.

Pioneer is a privately held company and operates oil and gas wells in six states: Texas, Louisiana, Oklahoma, Kansas, California, and Wyoming. These oil and gas wells are located in mature oil and gas fields with very low decline rates and long life reserves. Pioneer also operates a gas plant in Kansas.

Pioneer's success is attributable to its aggressive drilling and acquisition program and Pioneer's experienced personnel.

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