Parker Drilling's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Parker Drilling Company ( PKD)

Q4 2011 Earnings Conference Call

February 23, 2012 11:00 AM ET

Executives

Richard Bajenski – Director, IR

Robert Parker – Executive Chairman

David Mannon – President and CEO

Kirk Brassfield – SVP and CFO

Analysts

John Keller – Stephens

Georg Venturatos – Johnson Rice

Presentation

Operator

Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Parker Drilling Fourth Quarter 2011 Conference Call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be opened for questions. (Operator Instructions) This conference is being recorded today, Thursday, February 23, 2012.

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

Richard Bajenski

Thank you, Camille. Good morning and thank you all in our audience for joining the Parker Drilling 2011 fourth quarter conference call. This is Richard Bajenski, Director of Investor Relations, and joining me today are Bobby Parker, Executive Chairman; David Mannon, President and Chief Executive Officer; 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.

Each forward-looking statement speaks only as of the date of this call, and actual results may differ materially due to various factors we have referenced in our public filings and other factors addressed during this call, including changes in market conditions affecting our industry.

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