Pioneer Announces Lawsuit and Enforcement Action

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Apr 12, 2019
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SOUTH JORDAN, UT / ACCESSWIRE / October 31, 2018 / Pioneer Oil and Gas (OTC PINK: POGS - News) announces that the Bureau of Land Management has an enforcement action against Pioneer Oil and Gas ("Company") to plug and abandon 10 wells and remediate the oil and gas lease that was effective back in 1999 and terminated between Pioneer Oil and Gas and the Eastern Shoshone and Northern Arapaho Tribes of the Wind River Indian Reservation ("Tribes") on November 2001. The enforcement action has been affirmed by the State Director of the BLM for the State of Wyoming and Pioneer is in the process of appealing the decision to the Interior Board of Land Appeals. During the period, the Company held the lease it did not operate the wells on the lease nor did it perform any operations other than some minor cleanup operations that were required for taking the lease.