Notes:  Jan. 29, 2020 -- Parker Drilling Company (NYSE: PKD) (the "Company") today filed a Form 25 with the Securities and Exchange Commission ("SEC") to voluntarily delist its shares of common stock from trading on the New York Stock Exchange in connection with its previously announced plan to deregister its common stock under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company expects that the delisting will occur ten calendar days after the filing of the Form 25 so that trading will be suspended on February 10, 2020 prior to the market opening. Following the delisting, the Company's Board of Directors (the "Board") will evaluate updated ownership data to ascertain the aggregate costs within the ranges of stock split ratios that the Company's stockholders approved at a special meeting on January 9, 2020. Based upon this analysis, the Board will determine the appropriate ratio to effectuate a reverse stock split, which will be followed immediately by a forward stock split. As previously disclosed, the Board, at its sole discretion, may elect to abandon the stock splits ___________________ March 29, 2019 -- Parker Drilling Company today announced that its common stock has been approved for listing on the NYSE. Parker expects that the common stock will begin trading on NYSE on or around April 3, 2019. The trading symbol for the common stock is "PKD," which is the same trading symbol used for the Company's common stock when it was listed previously on the NYSE. ____________ 3/26/19 -- Bankruptcy plan effective and shares cancelled per FINRA. ____________ Dec. 12, 2018 -- Parker Drilling Company (NYSE: PKD) today announced the expected move of trading of the Company's Common Stock to the OTC Pink Marketplace from the New York Stock Exchange. The Common Stock is expected to begin trading on the OTC Pink Marketplace operated by OTC Markets Group Inc. under ticker symbol "PKDSQ" upon the opening of trading on December 13, 2018. ____________ Dec. 12, 2018 -- Parker Drilling Company (NYSE: PKD) today announced that it and its material U.S. subsidiaries have entered into a restructuring support agreement ("RSA") with holders of the Company's securities, including a significant amount of its 7.50% Senior Notes due 2020 and 6.75% Senior Notes due 2022, outstanding preferred stock and outstanding common stock. The transaction contemplated under the RSA is expected to strengthen the Company's financial foundation and position it to capitalize on further opportunities in the market. To implement the terms of the RSA, Parker has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Parker's non-U.S. subsidiaries and certain U.S. subsidiaries are excluded from the filing and will not be affected. Parker intends to seek confirmation of a pre-arranged Plan of Reorganization ("Plan"). Importantly, members of the Consenting Stakeholders have indicated their support for the proposed Plan. The Company anticipates that its cash flow and existing liquidity will be sufficient to support global operations during this period and has further augmented liquidity with access to $50 million in debtor-in-possession ("DIP") financing. The lenders under the DIP financing have also committed to fund an exit facility of $50 million, which amount may be increased following emergence.

Company's Online Information Links

HOME PAGE:     https://www.parkerdrilling.com/
Company's Investor Relations Information	Go to Investor Relations Information
Company's Online News Releases	Go to News Releases
Online Company Profile	Go to Online Profile

Company's Online SEC EDGAR Filings

Company's SEC EDGAR Filings

Go to SEC Filings

Company's Email Address Links

Email Address	nick.henley@parkerdrilling.com
Email Contact Form on Website	Go to Email Form

Address and Phone Numbers

Address:   5 Greenway Plaza, Suite 100, Houston, TX 77046
Main Phone Number	281-406-2000
Fax Number	281-406-2001
Investor Relations   Nick Henley	281-406-2082
Toll Free Phone Number	Unknown

-	CFO - Michael W. Sumruld