UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): May 26, 2016
PARKER DRILLING COMPANY
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation or organization) | 73-0618660 (I.R.S. Employer Identification No.) | |
5 Greenway Plaza, Suite 100, Houston, Texas 77046
(Address of principal executive offices) (Zip code)
(281) 406-2000
(Registrant’s telephone number, including area code)
Not Applicable
(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):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| o | Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12) | |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
| Item 7.01 | Regulation FD Disclosure | |
On May 26, 2016 Parker Drilling Company (the “Registrant”) announced an extension of its operations and maintenance (O&M) contract on Sakhalin Island, Russia. The contract term was extended through June 2019 and also covers a newly-constructed customer-owned extended-reach drilling (ERD) rig. The extension, inclusive of the additional rig, brings the company's operations on Sakhalin Island to a total of five rigs.
| Item 9.01 | Financial Statements and Exhibits | |
| (d) | Exhibits. | ||
The following exhibit is furnished herewith:
| 99.1 | Press release dated May 26, 2016, issued by the Registrant | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Parker Drilling Company | ||||
| Date: May 31, 2016 | By: | /s/ Christopher T. Weber | ||
| Christopher T. Weber | ||||
| Senior Vice President and Chief Financial Officer | ||||