-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 N9ut0vmSseofehMStPvjMw6TtE4DcWWwjYjHjkVh/cUDM5cwxZahtnWoI5IIgxdm
 sqT9yDOlQvI/TLCd75eflw==

<SEC-DOCUMENT>0000932799-05-000193.txt : 20050616
<SEC-HEADER>0000932799-05-000193.hdr.sgml : 20050615
<ACCEPTANCE-DATETIME>20050616170859
ACCESSION NUMBER:		0000932799-05-000193
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050615
FILED AS OF DATE:		20050616
DATE AS OF CHANGE:		20050616

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HATHAWAY J BENJAMIN
		CENTRAL INDEX KEY:			0001171515

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05525
		FILM NUMBER:		05900877

	BUSINESS ADDRESS:	
		STREET 1:		17150 ADVANTAGE POINT CT
		CITY:			BAKERSFIELD
		STATE:			CA
		ZIP:			93306
		BUSINESS PHONE:		6613251000

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PYRAMID OIL CO
		CENTRAL INDEX KEY:			0000081318
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				940787340
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		2008 21ST ST
		CITY:			BAKERSFIELD
		STATE:			CA
		ZIP:			93301
		BUSINESS PHONE:		6613251000

	MAIL ADDRESS:	
		STREET 1:		P O BOX 832
		CITY:			BAKERSFIELD
		STATE:			CA
		ZIP:			93302
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>benjamin4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-06-15</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000081318</issuerCik>
        <issuerName>PYRAMID OIL CO</issuerName>
        <issuerTradingSymbol>PYOL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001171515</rptOwnerCik>
            <rptOwnerName>HATHAWAY J BENJAMIN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>17150 ADVANTAGE POINTE COURT</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BAKERSFIELD</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>93306</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former Dir., Pres, CEO,10%ownr</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, no par value</value>
            </securityTitle>
            <transactionDate>
                <value>2005-06-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>516908</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.50</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <remarks>Former Director, President, Chief Executive Officer and 10% Owner</remarks>

    <ownerSignature>
        <signatureName>/s/ J. Benjamin Hathaway</signatureName>
        <signatureDate>2005-06-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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