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GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co.

Parker Drilling Co. · Jun 26, 2012 · 17 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 1
    Global Hunter Securities 100 Energy Conference W. Kirk Brassfield Senior Vice President and Chief Financial Officer June 26, 2012
  2. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 2
    Agenda 1. Business Strategy 2. Operations Review 3. Financial Performance 3
  3. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 3
    Business Segments Rental Tools U.S. Barge Drilling U.S. Drilling International Drilling Technical Services Premium rental tools Efficient drilling fleet with New-design rigs Operate Parker-owned Applies Parkers well-trained crews…
  4. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 4
    Strategic Profile Strategy Achieve and maintain Grow through selective Achieve execution market leadership in select investments with high return excellence and exercise markets potential financial discipline Competitive Strengths…
  5. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 5
    Diversity and Balance Revenue 1 by Geography Revenue 2 by Customer Type United States Major Intl Oil Independents Companies & Regionals Latin America 53% 35% 14% 44% CIS 26% 9% 1% 6% 12% Natl Oil Companies Africa/Middle…
  6. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 6
    Revenue and Earnings Mix Annual Revenues 1 Gross Margin 100% Technical Rental Services 2 80% Tools 36% 3% 60% 40% 46% 15% 20% International U.S. Barge 0% Drilling Drilling 0% 2009 2010 2011 2012* U.S. Drilling…
  7. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 7
    Operating Locations Alaska 2 Drilling Rigs undergoing commissioning 14 United Drilling Rigs States 1 land and 13 barge 7 Rental Tools Locations 10 16 Drilling Rigs Drilling Rigs Latin 9 land and 1 barge 15 land and 1…
  8. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 8
    Rental Tools Unique Operating Strengths Current Market Position Leading supplier in growing shale plays 2008 2009 and expanding in deep offshore markets Williston, ND Bakken shale Pennsylvania Marcellus shale Focused product…
  9. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 9
    U.S. Barge Drilling Unique Operating Strengths Operating Results Leading position in consolidated Gulf of 250 75% Mexico barge drilling market 200 60% Preferred contractor with reputation for 150 45% delivering safe, efficient…
  10. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 10
    U.S. Drilling New Design for Arctic Drilling Safety-engineered, state-of-the-art equipment package Highly automated drilling system Zero-discharge capabilities Fully enclosed, modular mobile units Strategy for Growth Commission…
  11. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 11
    International Drilling Unique Operating Strengths Operating Results Leading contractor with premium quality 375 75% fleet and trained, experienced rig 300 60% operators and management personnel 225 45% for demanding applications…
  12. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 12
    Technical Services Operating Results 50 75% 40 60% 30 45% 20 30% 10 15% 0 0% 2009 2010 2011 1Q'12* Revenue Gross Margin % Gross Margin (millions) (millions) *Prior 4 quarters Unique Operating Strengths Strategy for…
  13. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 13
    Financial Performance Financial Position Operating Results Operational results are improved 1,000 75% Balance sheet is in sound condition 800 60% Cash flow available to fund investments 600 45% in rig fleet and rental tools…
  14. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 14
    Financial Management Strong Financial Position 1 Debt Leverage & Coverage Staggered debt maturity schedule 60% 4.0x Sr. Unsecured Notes due 2018 300 million 2 41.1% 43.1% 41.6% 41.7% 41.4% 41.7% Convertible Sr. Notes due 2012 125…
  15. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 15
    What makes PARKER DRILLING unique Strategy Enterprise Value (millions) Achieve and maintain leadership in 1,500 select markets 1,250 1,116 Grow through selective investments with 1,000 Equity 638 high return potential 750 Market…
  16. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 16
    Appendix 17
  17. GLOBAL HUNTER SECURITIES 100 ENERGY CONFERENCE – Parker Drilling Co. – slide 17

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