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

Annual report pursuant to Section 13 and 15(d)

Fair Value of Financial Instruments (Tables)

Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Fair Values and Related Carrying Values of Debt Instruments

Fair value of our debt instruments is determined using Level 2 inputs. Fair values and related carrying values of our debt instruments are as follows:



	December 31, 2014				December 31, 2013
Dollars in thousands	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term Debt
6.75% Notes	$	360,000	$	270,000	$	—	$	—
7.50% Notes	225,000		180,000		225,000		236,250
9.125% Notes	—		—		425,000		446,250
Total	$	585,000	$	450,000	$	650,000	$	682,500

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References + Details