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Parker Drilling's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Parker Drilling Company (PKD)

Q1 2012 Earnings Call

May 2, 2012 11:00 am ET

Executives

Richard Bajenski - Director, IR

Bobby Parker - Chairman, President & CEO

Kirk Brassfield - SVP & CFO

Analysts

John Keller - Stephens Inc.

Daniel Burke - Johnson Rice

RJ Cruz - Trust Company of the West

Presentation

Operator

Good morning ladies and gentlemen and thank you for standing by. And welcome to the Parker Drilling first quarter 2012 conference call. At this time all participants are in a listen-only mode. Following the presentation, there will be a question-and-answer session and instructions will be given at that time. (Operator Instructions) And as a reminder this call is being recorded today, May 2, 2012.

I would now like to turn the call over to Richard Bajenski. Please go ahead, sir.

Richard Bajenski

Thank you, Craig and good morning to all in our audience. Thank you for joining our conference call today. This is Richard Bajenski, Director of Investor Relations, and joining me today here at Parker are Bobby Parker, Chairman, CEO & President; and Kirk Brassfield, Senior Vice President and Chief Financial Officer.

In the course of our comments today, we will make statements regarding management’s expectations for the company’s future performance that we believe will be informative and beneficial to our shareholders. These statements are considered forward-looking statements within the meaning of the Securities Act.

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