sc13dza

0000950123-09-063927.txt : 20091118 0000950123-09-063927.hdr.sgml : 20091118 20091118161516 ACCESSION NUMBER: 0000950123-09-063927 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20091118 DATE AS OF CHANGE: 20091118 GROUP MEMBERS: ISSAM M FARES FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PEBBLETON CORP N V CENTRAL INDEX KEY: 0001072022 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PIETERMAAI 15 CURACAO CITY: NETHERLANDS ANTILLES STATE: P8 MAIL ADDRESS: STREET 1: PIETERMAAI 15 CURACAO CITY: NETHERLANDS ANTILLES STATE: P8 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER DRILLING CO CENTRAL INDEX KEY: 0000320575 STANDARD INDUSTRIAL CLASSIFICATION: DRILLING OIL & GAS WELLS [1381] IRS NUMBER: 742088619 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-33018 FILM NUMBER: 091193520 BUSINESS ADDRESS: STREET 1: 1250 N.E. LOOP 410 STREET 2: SUITE 1000 CITY: SAN ANTONIO STATE: TX ZIP: 78209 BUSINESS PHONE: 5128287689 MAIL ADDRESS: STREET 1: 1250 N.E. LOOP 410 STREET 2: SUITE 1000 CITY: SAN ANTONIO STATE: TX ZIP: 78209 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH TEXAS DRILLING & EXPLORATION INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH TEXAS DRILLING CO DATE OF NAME CHANGE: 19810715 SC 13D/A 1 h68839sc13dza.htm AMENDMENT TO SCHEDULE 13D sc13dza

SCHEDULE 13D

(Rule 13d-101)

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

PIONEER DRILLING COMPANY

(Name of Issuer)

Common Stock, par value $0.10
(Title of Class of Securities)

723655106
(CUSIP Number)

Richard E. Blohm, Jr.
1415 Louisiana Street, Suite 3000
Houston, Texas 77002
Telephone: (713) 739-6500
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

November 17, 2009
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No.		723655106

NAME OF REPORTING PERSONS

Pebbleton Corporation N.V.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS*

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Netherlands Antilles

SOLE VOTING POWER

NUMBER OF

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

6,990,608

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

WITH

SHARED DISPOSITIVE POWER

6,990,608

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,990,608

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

Approximately 12.92 %

TYPE OF REPORTING PERSON*

*SEE INSTRUCTIONS


CUSIP No.		723655106

NAME OF REPORTING PERSONS

Issam M. Fares

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) o

(b) o

SEC USE ONLY

SOURCE OF FUNDS*

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

CITIZENSHIP OR PLACE OF ORGANIZATION

Lebanon

SOLE VOTING POWER

NUMBER OF

SHARED VOTING POWER

BENEFICIALLY

OWNED BY

6,990,608

EACH

SOLE DISPOSITIVE POWER

REPORTING

PERSON

WITH

SHARED DISPOSITIVE POWER

6,990,608

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

6,990,608

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

Approximately 12.92%

TYPE OF REPORTING PERSON*

*SEE INSTRUCTIONS

This Amendment No. 5 (this “Amendment”) amends and supplements the statement on Schedule 13D filed by Pebbleton Corporation N.V. and Issam M. Fares (together the “Reporting Persons”) with the Securities and Exchange Commission (the “Commission”) on February 2, 2009 (the “Original Schedule 13D”). This Amendment is being filed in connection with a change in the number of outstanding shares of common stock, par value $0.10 per share (“Common Stock”), of Pioneer Drilling Company, a Texas corporation, as well as recent sales of such shares by the Reporting Persons. Unless otherwise stated herein, the Original Schedule 13D remains in full force and effect.

Capitalized terms used but not defined herein shall have the meanings assigned to them in the Original Schedule 13D.

Item 5. Interest in Securities of the Issuer

Item 5(a) of the Original Schedule 13D is hereby amended and restated in its entirety as follows:

(a) As set forth in this Schedule 13D, Pebbleton owns 6,990,608 shares of Common Stock of the Issuer, which represents approximately 12.92% of the outstanding Common Stock (based upon 54,126,552 shares of Common Stock to be outstanding after the closing of a public offering of Common Stock by the Issuer, as represented by the Issuer in its final prospectus supplement, dated November 12, 2009, as filed with the Securities and Exchange Commission on November 12, 2009, and assuming the over-allotment granted to the underwriters in connection with such offering is not exercised).

As set forth in this Schedule 13D, Mr. Fares may be deemed to beneficially own 6,990,608 shares of Common Stock of the Issuer, which represents approximately 12.92% of the outstanding Common Stock (based upon 54,126,552 shares of Common Stock to be outstanding after the closing of a public offering of Common Stock by the Issuer, as represented by the Issuer in its final prospectus supplement, dated November 12, 2009, as filed with the Securities and Exchange Commission on November 12, 2009, and assuming the over-allotment granted to the underwriters in connection with such offering is not exercised).

Item 7. Material to Be Filed as Exhibits.


Exhibit A		Joint Filing Statement (incorporated by reference to Exhibit A to the Original Schedule 13D filed with the Commission on February 2, 2009).

Exhibit B		Transactions in Common Stock by Pebbleton

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.

Dated: November 18, 2009


PEBBLETON CORPORATION N.V.

By:	Issam M. Fares,
	its Managing Director

	By:	/s/ Richard E. Blohm, Jr.
		Richard E. Blohm, Jr.
		Attorney-in-Fact

ISSAM M. FARES

By:	/s/ Richard E. Blohm, Jr.

	Richard E. Blohm, Jr.
	Attorney-in-Fact

EXHIBIT INDEX


Exhibit A		Joint Filing Statement (incorporated by reference to Exhibit A to the Original Schedule 13D filed with the Commission on February 2, 2009).

Exhibit B		Transactions in Common Stock by Pebbleton

EX-99.B 2 h68839exv99wb.htm EX-99.B exv99wb

EXHIBIT B

Transactions in Common Stock by Pebbleton During the Past Sixty (60) Days

Exhibit B of the Original Schedule 13D is hereby amended to add the following:

The following sales of shares of Pioneer Drilling Company have been made by Pebbleton Corporation N.V. and were effected on the NYSE Amex since October 7, 2009:


Date	Securities Involved		Price per Share
October 07, 2009		4,500	$	7.50
October 08, 2009		45,500	$	7.67
October 09, 2009		4,800	$	8.01
October 12, 2009		75,500	$	8.03
October 14, 2009		19,700	$	8.02
October 15, 2009		37,300	$	8.15
October 16, 2009		11,600	$	8.15
October 19, 2009		101,100	$	8.15
October 20, 2009		83,300	$	8.11
October 21, 2009		36,600	$	8.18