Parker Drilling's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Parker Drilling Co. (PKD)

Q2 2012 Results Earnings Call

August 2, 2012 11:00 AM ET

Executives

Richard Bajenski – Director, Investor Relations

Bobby Parker – Chairman, President and CEO

Kirk Brassfield – Senior Vice President and CFO

Analysts

Walt Chancellor – Stephens, Inc.

Presentation

Operator

Ladies and gentlemen, thank you for standing by. And welcome to the Parker Drilling Second Quarter 2012 Conference Call. During today’s presentation, all participants will be in a listen-only mode. Following the presentation, the conference will be open for your questions. (Operator Instructions)

Today’s conference is being recorded, August 2, 2012. I would now like to turn the conference over to Richard Bajenski. Please go ahead, sir.

Richard Bajenski

Thank you, Alicia. Good morning to you and our audience. And thank you for joining the Parker Drilling 2012 second quarter conference call. This is Richard Bajenski, Director of Investor Relations. And joining me today are Bobby Parker, Chairman, CEO and President; and Kirk Brassfield, Senior Vice President and Chief Financial Officer.

In the course of our comments today, we may 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. And these forward-looking statements speaks only as of the date of this call, and actual results may differ materially due to the 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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