UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) March 18, 2009
PARKER DRILLING COMPANY
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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1-7573
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73-0618660 |
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(Commission File Number)
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(IRS Employer Identification No.) |
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1401 Enclave Parkway, Suite 600, Houston, Texas
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77077 |
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(Address of Principal Executive Offices)
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(Zip Code) |
(281) 406-2000
(Registrants Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 7.01. Regulation FD Disclosure.
On March 18, 2009, Parker Drilling Company (the Registrant) issued a press release relating
to a report issued by the Registrant entitled Gulf of Mexico Barge Rig Fleet. The Gulf of
Mexico Barge Rig Fleet report updates rig status and contract information as of February, 2009. The
Registrant expects to update this report monthly. The report is intended to provide analysts and
investors with information about activity in the Registrants U.S. Barge Drilling segment,
including average dayrate figures and rig utilization statistics for each of the Registrants Gulf
of Mexico barge rigs. A copy of this press release is attached as Exhibit 99.1 to this Report on
Form 8-K and a copy of the Gulf of Mexico Barge Rig Fleet report is attached as Exhibit 99.2 to
this Report on Form 8-K.
On March 19, 2009, the Registrant issued a press release relating to a report issued by the
Registrant entitled Worldwide Drilling Rig Fleet. The Worldwide Drilling Rig Fleet report
updates rig status and contract information as of February, 2009. The Registrant expects to update
this report monthly. The report is intended to provide analysts and investors with information
about activity in the Registrants International Drilling segment, including rig utilization
statistics for each of the Registrants worldwide drilling rigs. A copy of this press release is
attached as Exhibit 99.3 to this Report on Form 8-K and a copy of the Worldwide Drilling Rig Fleet
report is attached as Exhibit 99.4 to this Report on Form 8-K.
This information is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed
filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
Exchange Act) or otherwise subject to the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, as amended (the
Securities Act), or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
The information and statements made in the Gulf of Mexico Barge Rig Fleet report and the
Worldwide Drilling Rig Fleet report that are not historical facts are forward-looking statements
within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These
forward-looking statements include statements concerning contract expiration dates, estimated
dayrates and rig utilization, estimated dates for completion of construction or repairs and
upgrades and commencement dates of new contracts. Such statements are subject to a number of risks,
uncertainties and assumptions, including without limitation, early termination by the customer
pursuant to the contract or otherwise, cancellation or completion of certain contracts earlier than
expected, operational difficulties and other factors described in the Registrants Annual Report on
Form 10-K and its most recent periodic reports and other documents filed with the Securities and
Exchange Commission (the SEC), which are available free of charge at the SECs website at
www.sec.gov or the Registrants website at www.parkerdrilling.com. The Registrant cautions you that
forward-looking statements are not guarantees of future performance and that actual results or
developments may differ materially from those projected or implied in these statements.
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