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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 earliest event reported: September 14, 1996
PARKER DRILLING COMPANY
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(Exact name or registrant as specified in its charter)
Delaware 1-7573 73-0618660
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(State of other jurisdiction Commission File Number (IRS Employer
of incorporation) Identification No.)
Eight East Third Street, Tulsa, Oklahoma 74103
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, include area code: (918) 585-8221
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Item 5: Other Events
On September 14, 1996, Parker Drilling Company ("Parker") and Energy
Ventures Incorporated ("EVI") entered into a Stock Purchase
Agreement by which Parker will acquire Mallard Bay Drilling, a
wholly-owned subsidiary of EVI principally engaged in the offshore
contract drilling business. A copy of such Stock Purchase Agreement
is annexed hereto as Exhibit 1 and incorporated herein by reference.
A copy of the press release regarding the signing of the Stock
Purchase Agreement is attached hereto as Exhibit 2 and incorporated
herein by reference.
Item 7: Financial Statements, Pro-Forma Financial Incorporation and Exhibits
(a) Financial Statements - None
(b) Pro-Forma Financial Statements - None
(c) Exhibits
2. Stock Purchase Agreement dated September 14, 1996,
between Parker Drilling Company and
Energy Ventures, Inc.
99. Press Release dated September 16, 1996
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SIGNATURE
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
By: ------------------------------------
Robert L. Parker Jr.
President and Chief Executive Officer
Date: September 18, 1996
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EXHIBIT INDEX
Exhibit
Number Description
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2 Stock Purchase Agreement dated September 14, 1996,
between Parker Drilling Company and Energy Ventures, Inc.
99 Press Release dated September 16, 1996