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Utah's Pioneer Oil notes tender offer results

Published October 12, 2012 9:49 am

This is an archived article that was published on sltrib.com in 2012, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Pioneer Oil and Gas, a small publicly held South Jordan-based exploration and production company, said it acquired nearly 1.5 million of shares of its stock through a $1 per share tender offer that closed on August 15.

As a result of the acquisition of those shares and their subsequent cancellation, Pioneer now has just over 6 million shares outstanding.

Pioneer's stock is traded over-the-counter under the symbol POGS.