HOUSTON, May 23, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, acquired a 1500 horsepower posted barge rig for its Gulf of Mexico drilling fleet in a transaction valued at approximately $12.25 million, using cash on hand. Built in 2011, the ready-to-work rig features drilling depth capacity of [...]
Robert L. Parker Jr. Continues As Non-Employee Board Member HOUSTON, May 6, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE:PKD) announced today that Gary G. Rich, president and chief executive officer, has been elected chairman of the company's board of directors, effective immediately. The election was confirmed following the company's annual meeting of stockholders held last week in Houston, Texas. Since joining [...]
HOUSTON, April 9, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2014 First Quarter financial results on Thursday, May 8. The Company expects to issue its earnings report that morning and will follow with a conference call at 10:00 a.m. Central time (11:00 a.m. Eastern time) to review the details of the report. Those interested in listening to the call by telephone may do [...]
HOUSTON, March 21, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) today announced it has contracted its barge drilling rig, Rig 55B. Featuring advanced equipment and performance enhancements, the rig is being introduced to the Company's fleet to bring additional capabilities to the Gulf of Mexico barge market. The rig has been contracted to Chevron U.S.A. Inc. for four wells with an expected term of 120 days at [...]
HOUSTON, March 13, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that Gary Rich, president and chief executive officer, will present at the Howard Weil Energy Conference in New Orleans, LA. The Company's presentation is scheduled to begin at 10:20 a.m. Central time (11:20 a.m. Eastern time) on Wednesday, Mar. 26. Supporting materials that may be used during conference events will be available [...]
HOUSTON, March 10, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it plans to host a tour of its Barge Rig 55B and Quail Tools facility in New Iberia for analysts and investors on Saturday, March 22. The program is scheduled to begin at 7:00 a.m. Central time (8:00 a.m. Eastern time). Copies of key presentations given during the program will be posted on the Company's website. They may be found [...]
HOUSTON, Feb. 26, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD), an international provider of contract drilling and drilling-related services and rental tools to the energy industry, today reported results for the quarter ended December 31, 2013, including fourth quarter net income of $10.2 million, or $0.08 per diluted share, on revenues of $243.3 million. These results include non-routine expenses of $3.3 [...]
HOUSTON, Jan. 29, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today it intends to report its 2013 Fourth Quarter financial results on Wednesday, Feb. 26 and will hold its 2014 Annual Shareholders' Meeting on Thursday, May 1, 2014. (Logo: http://photos.prnewswire.com/prnh/20050620/PARKERDRILLINGLOGO) The Company expects to issue its earnings report on the morning of Feb. 26 and will follow with a [...]
HOUSTON, Jan. 7, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) (the "Company") today announced that it has priced its previously announced private placement of $360 million in aggregate principal amount of its Senior Notes due 2022 at par, for a yield to maturity of 6.750%. The offering is expected to close on January 22, 2014, subject to the satisfaction of customary closing conditions. (Logo [...]
HOUSTON, Jan. 7, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) (the "Company") today announced that it has commenced a cash tender offer to purchase any and all of its outstanding 9.125% Senior Notes due 2018 ("Notes") and a related solicitation of consents from the holders of the Notes. The offer will expire at 11:59 p.m., New York City time, on February 4, 2014. (Logo [...]
HOUSTON, Jan. 7, 2014 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) (the "Company") today announced that it intends, subject to market and other conditions, to offer and sell to eligible purchasers $360 million aggregate principal amount of Senior Notes due 2022. The Company intends to use the net proceeds from the offering to fund a portion of its tender offer for any and all of its outstanding 9.125% Senior Notes [...]
HOUSTON, Dec. 5, 2013 /PRNewswire/ -- Parker Drilling Company (NYSE: PKD) announced today that Christopher T. Weber, senior vice president and chief financial officer, will present at the Capital One Southcoast Energy Conference in New Orleans, LA. The Company's presentation is scheduled to begin at 3:40 p.m. CST (4:40 p.m. EST) on Wednesday, Dec. 11. (Logo: http://photos.prnewswire.com/prnh/20050620/PARKERDRILLINGLOGO [...]