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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 OR 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): August 22, 2008</B>


<P style="font-size: 24pt" align="center"><B>PIONEER DRILLING
COMPANY<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Texas</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>1-8182</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>74-2088619</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
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cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>1250 N.E. Loop 410, Suite
1000, San Antonio, Texas<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>78209</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(210) 828-7689</B>
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cellpadding="0" width="30%" border="0">

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  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P style="display: none; font-size: 10pt" align="center">1
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  <TD nowrap align="left" width="3%"><B>Item&nbsp;3.01</B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><B>Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.</B></TD>
 </TR>

</TABLE>


<P style="font-size: 10pt; text-indent: 4%" align="left">As previously
disclosed, on August&nbsp;21, 2008, Pioneer Drilling Company (the
&#8220;<U>Company</U>&#8221;) notified the American Stock Exchange
(&#8220;<U>AMEX</U>&#8221;) that as a result of C. Robert Bunch&#8217;s
resignation as a director of the Company on August&nbsp;19, 2008, the Company
was no longer in compliance with Section&nbsp;803(B)(2) of the AMEX Company
Guide, which requires that every AMEX listed company have an audit committee of
at least three members, each of whom is independent.

<P style="font-size: 10pt; text-indent: 4%" align="left">As anticipated, on
August&nbsp;22, 2008, the Company received official notice from AMEX that the
Company was not in compliance with the AMEX audit committee requirements. In
its notice, AMEX advised the Company that it has until the earlier of its next
annual shareholders&#8217; meeting or August&nbsp;21, 2009, to regain
compliance with the AMEX audit committee requirements. The Company expects to
regain compliance within such time.

<P style="font-size: 10pt; text-indent: 4%" align="left">As required by Section
1009(j) of the AMEX Company Guide, on August&nbsp;28, 2008, the Company issued
a press release announcing receipt of the AMEX notice, a copy of which is
attached as Exhibit&nbsp;99.1.

<P style="font-size: 10pt" align="left"><B>Item&nbsp;9.01 Financial Statements
and Exhibits.</B>

<P style="font-size: 10pt" align="left">(d)&nbsp;<I>Exhibits</I>.
<DIV align="center">
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  <TD style="border-bottom: #000000 1px solid" nowrap align="left"><B>Exhibit
No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap
align="center"><B>Document Description</B></TD>
 </TR>
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  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press release issued by Pioneer Drilling
Company on August&nbsp;28, 2008</TD>
 </TR>
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<P style="font-size: 10pt" align="center"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="left">Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.


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  <TD width="40%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
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 </TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD colspan="2" valign="top" align="left"><B>PIONEER DRILLING COMPANY</B></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>


 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">By:</TD>
  <TD valign="top" align="left" style="border-bottom: 1px solid #000000">/s/ William D. Hibbetts</TD>
</TR>

 <TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">William D. Hibbetts<BR>
Interim Chief Financial Officer</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD valign="top" align="left">Dated: August&nbsp;28, 2008</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>

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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
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<P style="font-size: 10pt" align="center"><U><B>Exhibit&nbsp;Index</B></U>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap align="left"><B>Exhibit
No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap
align="center"><B>Document Description</B></TD>
 </TR>
<!-- End Table Head -->
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 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press release issued by Pioneer Drilling
Company on August&nbsp;28, 2008</TD>
 </TR>
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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
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{"company-data": {"conformed-name": "PIONEER DRILLING CO", "cik": "0000320575", "assigned-sic": "1381", "irs-number": "742088619", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08182", "film-number": "081045367"}, "business-address": {"street1": "1250 N.E. LOOP 410", "street2": "SUITE 1000", "city": "SAN ANTONIO", "state": "TX", "zip": "78209", "phone": "5128287689"}, "mail-address": {"street1": "1250 N.E. LOOP 410", "street2": "SUITE 1000", "city": "SAN ANTONIO", "state": "TX", "zip": "78209"}, "former-company": [{"former-conformed-name": "SOUTH TEXAS DRILLING & EXPLORATION INC", "date-changed": "19920703"}, {"former-conformed-name": "SOUTH TEXAS DRILLING CO", "date-changed": "19810715"}]}
Filed by Bowne Pure Compliance
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to
Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): August 22, 2008
PIONEER DRILLING
COMPANY
(Exact name of registrant as
specified in its charter)
Texas
1-8182
74-2088619
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1250 N.E. Loop 410, Suite
1000, San Antonio, Texas
78209
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(210) 828-7689
(Former name or former address if changed since last report.)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
As previously
disclosed, on August 21, 2008, Pioneer Drilling Company (the
"
Company
") notified the American Stock Exchange
("
AMEX
") that as a result of C. Robert Bunch's
resignation as a director of the Company on August 19, 2008, the Company
was no longer in compliance with Section 803(B)(2) of the AMEX Company
Guide, which requires that every AMEX listed company have an audit committee of
at least three members, each of whom is independent.
As anticipated, on
August 22, 2008, the Company received official notice from AMEX that the
Company was not in compliance with the AMEX audit committee requirements. In
its notice, AMEX advised the Company that it has until the earlier of its next
annual shareholders' meeting or August 21, 2009, to regain
compliance with the AMEX audit committee requirements. The Company expects to
regain compliance within such time.
As required by Section
1009(j) of the AMEX Company Guide, on August 28, 2008, the Company issued
a press release announcing receipt of the AMEX notice, a copy of which is
attached as Exhibit 99.1.
Item 9.01 Financial Statements
and Exhibits.
(d)
Exhibits
.
Exhibit
No.
Document Description
99.1
Press release issued by Pioneer Drilling
Company on August 28, 2008
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
PIONEER DRILLING COMPANY
By:
/s/ William D. Hibbetts
William D. Hibbetts
Interim Chief Financial Officer
Dated: August 28, 2008
Exhibit Index
Exhibit
No.
Document Description
99.1
Press release issued by Pioneer Drilling
Company on August 28, 2008