HOUSTON, June 18, 2014 /PRNewswire/ -- Parker Drilling
Company (NYSE-PKD), an international provider of contract drilling
and drilling-related services and rental tools to the energy
industry, today announced the resignation of Peter C. Wallace from the Company's board of
directors. Mr. Wallace's departure follows his recent
appointment as chief executive officer of Gardner Denver, Inc.
"We congratulate Pete on his new role," said Gary Rich, chairman, president and chief
executive officer of Parker
Drilling. "He is a fully engaged individual and we
respect his decision to focus on his new role. We will miss
the perspective and insight he brought to Parker's board."
Mr. Wallace's resignation from the Parker Drilling Board of
Directors is effective June 13,
2014.
Company Description
Parker Drilling (NYSE: PKD)
provides contract drilling and drilling-related services and rental
tools to the energy industry. The Company's drilling services
business serves operators in the inland waters of the U.S.
Gulf of Mexico utilizing Parker's
barge rig fleet and in select international markets and
harsh-environment regions utilizing Parker-owned and customer-owned
equipment. The Company's rental tools business supplies premium
equipment and well services to operators on land and offshore in
the U.S. and international markets. More information about
Parker Drilling can be found on the
Company's website at www.parkerdrilling.com.
SOURCE Parker Drilling Company