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, 2015

Summary of Company's Current Debt Portfolio

The following table illustrates the Company’s current debt portfolio as of December 31, 2015 and December 31, 2014:



	December 31,
Dollars in thousands	2015		2014
6.75% Senior Notes, due July 2022	$	360,000	$	360,000
7.50% Senior Notes, due August 2020	225,000		225,000
Term Note, due December 2017	—		30,000
Total debt	585,000		615,000
Less current portion ⁽¹⁾	—		10,000
Total long-term debt	$	585,000	$	605,000

- 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.

+ References

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+ Details