Parker Drilling to Present at the IPAA 2009 OGIS New York Conference

Parker Drilling Company (NYSE: PKD) announced today that Robert L. Parker Jr., chairman and chief executive officer, and W. Kirk Brassfield, senior vice president and chief financial officer, will present at the IPAA 2009 OGIS Conference in New York, NY. The Company’s presentation is scheduled to begin at 10:30 a.m. EDT (9:30 a.m. CDT) on Wednesday, April 22.

A link to the live presentation and copies of the slides will be available through the Company's Web site at www.parkerdrilling.com at the Investor Relations tab.

Parker Drilling Company (NYSE: PKD) provides high-performance contract drilling solutions, rental tools and project management services to the worldwide energy industry. Parker operates 29 land rigs in strategic international markets and 17 offshore barge rigs, primarily in the coastal waters of the U.S. Gulf of Mexico. The Company’s Quail Tools division rents premium equipment to operators in active land and offshore markets in North America. Founded in 1934, Parker has set numerous world records for deep and extended-reach drilling and is an industry leader in safety performance. More information about Parker Drilling can be found at http://www.parkerdrilling.com.