Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 7, 2012, Pyramid Oil held its annual meeting of shareholders (the "Annual Meeting"). Based upon the record date of April 30, 2012, 4,683,853 shares of common stock were issued and outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 4,021,957 such shares were present in person or represented by proxy.

At the Annual Meeting, the shareholders of Pyramid Oil:

· Elected four persons to serve as directors of Pyramid Oil until the 2013 annual meeting of shareholders; and

· Approved the selection of SingerLewak LLP as Pyramid Oil's independent registered public accounting firm for the year ending December 31, 2012.

The proposals summarized above are discussed in detail in Pyramid Oil's definitive Proxy Statement filed with the Securities and Exchange Commission on April 27, 2012. The following are the voting results with respect to each proposal submitted for a vote of the shareholders at the Annual Meeting:

(1) Election of Four Directors

Nominee For Withheld Broker Non-Votes

John H. Alexander 759,868 261,546 3,000,543

Michael D. Herman 685,377 336,037 3,000,543

Gary L. Ronning 756,768 264,646 3,000,543

John E. Turco 759,028 262,386 3,000,543

(2) Approval of the selection of SingerLewak LLP as Pyramid Oil's independent registered public accounting firm for the year ending December 31, 2012

For Against Abstain Broker Non-Votes

3,918,530 24,178 79,249 0