Webcast Alert: Parker Drilling Schedules First Quarter Conference Call on the Web

HOUSTON, May 8 /PRNewswire-FirstCall/ — In conjunction with the announcement of Parker Drilling’s First Quarter Earnings, you are invited to listen to its conference call that will be broadcast live over the Internet on May 8, 2007 at 10:00 a.m. central, 11:00 a.m. eastern.

          What:    Parker Drilling First Quarter Conference Call           When:    May 8, 2007 at 10:00 a.m. central, 11:00 a.m. eastern          Where:    http://www.parkerdrilling.com/            How:    Live over the Internet — Simply log on to the web at the                   address above.        Contact:    Rose Bratton, 1-281-406-2212   

If you are unable to participate during the live webcast, the call will be archived at http://www.parkerdrilling.com/ . To access the replay, click on Investor Relations, Conference Call.

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 45 marketed rigs.

Photo: http://www.newscom.com/cgi-bin/prnh/20050620/PARKERDRILLINGLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com

Parker Drilling Company

CONTACT: Rose Bratton, +1-281-406-2212, for Parker Drilling Company

Web site: http://www.parkerdrilling.com/