| SOUTH JORDAN, Utah, May 30, 2012 /PRNewswire/ -- Pioneer Oil and Gas (Pink Sheets: POGS) ("Company") announced today the commencement of a tender offer for all the outstanding and issued shares of the Company other than those shares owned by the directors and officers of the Company. The price offered for the shares is One Dollar ($1.00) for each share tendered to the Company on or before 5:00 PM on August 15, 2012, unless extended. The Company intends to spend up to about $3,200,000 ...continued POGS Energy shareholders oil |
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