Reminder - Webcast Alert: Parker Drilling Company Announces Second Quarter Earnings Conference Call

HOUSTON, Aug. 1 /PRNewswire-FirstCall/ -- Parker Drilling Company (NYSE: PKD) announces the following Webcast:

    What:     Second Quarter Earnings Conference Call and Webcast

    When:     August 1, 2007 @ 10 a.m. EDT

    Where:    http://www.videonewswire.com/event.asp?id=41225

    How:      Live over the Internet -- Simply log on to the web at the
              address above.

    Contact:  Rose Bratton, Public Relations Manager, Parker Drilling Company,
              281.406.2212

If you are unable to participate during the live webcast, the call will be archived on the Web site http://www.parkerdrilling.com.

Parker Drilling is a Houston-based global energy company specializing in offshore drilling and workover services in the Gulf of Mexico and international land and offshore markets. Parker also owns Quail Tools, a provider of premium industry rental tools. Parker Drilling employs approximately 3,000 people worldwide and has 46 marketed rigs.

SOURCE Parker Drilling Company

Released August 1, 2007