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                               EXHIBIT 99.1

                            PYRAMID OIL COMPANY

                          CERTIFICATE OF AMENDMENT

                                    OF

                          ARTICLES OF INCORPORATION


     JOHN H. ALEXANDER and LEE G. CHRISTIANSON certify that:

     1.     They are the president and secretary, respectively, of PYRAMID OIL

COMPANY, a California corporation.

     2.     ARTICLE SIXTH of the Articles of Incorporation of this corporation

is amended as follows:

            SIXTH:  This corporation is authorized to issue two classes of
            stock, with no par value, designated Common Stock and Preferred
            Stock.  The total number of shares that this corporation is
            authorized to issue is 60,000,000.  The number of shares of Common
            Stock that this corporation is authorized to issue is 50,000,000,
            and the number of shares of Preferred Stock that this corporation
            is authorized to issue is 10,000,000.  The holders of the Common
            Stock or Preferred Stock shall have no preemptive rights to
            subscribe for or purchase any shares of any class of stock of this
            corporation, whether now or hereafter authorized.  The Board of
            Directors of this corporation is authorized to:  (i) determine the
            number of series into which shares of Preferred Stock may be
            divided; (ii) determine or alter the designations, rights,
            preferences, privileges, qualifications, limitations and
            restrictions granted to or imposed upon any unissued Preferred
            Stock or any wholly unissued series of Preferred Stock or any
            holders thereof; and (iii) fix the number of shares of each such
            series and increase or decrease, within the limits stated in any
            resolution of the Board of Directors originally fixing the number
            of shares constituting any series (but not below the number of
            such shares then outstanding), the number of shares of any such
            series subsequent to the issuance of shares of that series.

     3.     The foregoing amendment to the Articles of Incorporation has been

approved by the Board of Directors of this corporation.

     4.     The foregoing amendment to the Articles of Incorporation has been

duly approved by the required vote of the Shareholders in accordance with

Section 902 of the Corporations Code.  The total number of outstanding shares

 2

of the corporation was 2,494,430 shares of common stock entitled to vote.  The

number of shares voting in favor of the amendment equaled or exceeded the vote

required.  The percentage vote required was more than 50%.


          The Undersigned declare under penalty of perjury that the matters

set forth in the foregoing Certificate are true of their own knowledge.


          Executed at Bakersfield, California on August 11, 2008.



                                           /s/ JOHN H. ALEXANDER
                                           ---------------------
                                           John H. Alexander
                                           President


                                           /s/LEE G. CHRISTIANSON
                                           ----------------------
                                           Lee G. Christianson
                                           Secretary