Pioneer Oil & Gas announced earnings results for the first quarter ended ending December 31, 2014. For the period, the company's revenues were $186,798 as compared to $457,631 for the first fiscal quarter of 2014. The company reported a net loss of $69,023 or $0.01 per share for the quarter as compared to net loss of $803,744 or $0.14 per share for the first quarter of fiscal 2014.