Parker Drilling Company - PKD- Profile

Parker Drilling Company. The Group's principal activities are to provide land and offshore contract drilling services and rental tools on a worldwide basis to major, independent and foreign-owned oil and gas companies. It specializes in the drilling of deep and difficult wells, drilling in remote and harsh environments, drilling in transition zones and offshore waters and in providing specialized rental tools. It also provides a range of services that are ancillary to its principal drilling services, including engineering and logistics, as well as various types of project management. It has seven shallow water jackup rigs in the Gulf of Mexico. It's major customers include Royal Dutch Shell, Tengizchevroil, and ChevronTexaco Corporation. International Drilling accounted for 47% of 2006 revenues; Domestic Drilling, 32% and Rental Tools, 21%