Parker Wellbore Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Company's Current Debt Portfolio

The following table illustrates the Company’s current debt portfolio as of December 31, 2014 and December 31, 2013:



	December 31,
Dollars in thousands	2014		2013
6.75% Senior Notes, due July 2022	$	360,000	$	—
7.50% Senior Notes, due August 2020	225,000		225,000
9.125% Senior Notes, due April 2018	—		428,781
Term Note, due December 2017	30,000		—
Total debt	615,000		653,781
Less current portion ⁽¹⁾	10,000		25,000
Total long-term debt	$	605,000	$	628,781

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details