Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Feb 15, 2018)
  • 8-K (Jan 5, 2018)
  • 8-K (Nov 1, 2017)
  • 8-K (Oct 27, 2017)
  • 8-K (Sep 26, 2017)
  • 8-K (Aug 21, 2017)

 
Other

Parker Drilling Company 8-K 2006

Documents found in this filing:

  1. 8-K
  2. Ex-99.1
  3. Ex-99.1
e8vk
 

 
 
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): August 8, 2006
PARKER DRILLING COMPANY
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction
of incorporation)
  1-7573
(Commission File Number)
  73-0618660
(IRS Employer
Identification No.)
     
1401 Enclave Parkway, Suite 600
Houston, Texas 77077

(Address of principal executive offices)
  77077
(Zip Code)
Registrant’s telephone number, including area code: (281) 406-2000
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 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet
                 Arrangement
     On August 8, 2006, Parker Drilling Company, a Delaware corporation (the “Company”), voluntarily called for redemption $50,000,000 aggregate principal amount of its outstanding Senior Floating Rate Notes due 2010 (the “Notes”), at the redemption price of 102.00% of the principal amount thereof, in accordance with the terms of the indenture governing the Notes. Holders of redeemed Notes will also receive accrued and unpaid interest thereon up to but not including the redemption date, which is September 8, 2006. As of the date of this report (and prior to giving effect to the redemption), $150,000,000 in aggregate principal amount of the Notes were outstanding. The Company intends to use the net proceeds from the previously announced sale of its Nigerian drilling rigs and their related assets, together with cash on hand, to fund this redemption.
     The description set forth above is qualified in its entirety by reference to the Notice of Partial Redemption, a copy of which is filed herewith as an exhibit.
Item 9.01 Financial Statements and Exhibits.
     (c) Exhibits. The following exhibits are filed herewith:
     
Exhibit No.   Description
 
   
99.1
  Notice of Partial Redemption dated August 8, 2006.

-2-


 

S I G N A T U R E
     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
 
 
Dated: August 10, 2006  By:   /s/ W. Kirk Brassfield    
    W. Kirk Brassfield
Senior Vice President and 
 
    Chief Financial Officer   
 

-3-


 

EXHIBIT INDEX
     
Exhibit    
Number   Description
 
   
99.1
  Notice of Partial Redemption dated August 8, 2006.

 

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki