Parker Wellbore
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Transactions
Parker Drilling Acquires International Tubular Services
Parker Drilling Acquires International Tubular Services
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New Financings
Entered into a restructuring support agreement with holders of the company's securities, including a…
Opened a public offering of 12 million common shares, and expects to grant the underwriter a 30-day…
Opened a public offering of Series A preferred stock, and expects to grant underwriter a 30-day option to…
Closed senior secured revolving credit facility maturing in 2020. All outstanding letters of credit are…
Priced its private placement of senior notes due 2022 at par. Net proceeds will be used to fund its…
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Instantly unlock over 15 years of A&D transactions and financing data.
News
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
Nabors Industries to Buy Parker Wellbore for $370MM
Nabors Industries Ltd. will buy Parker Wellbore for 4.8 million shares of Nabors common stock and assume an additional $100 million in debt as OFS companies continue to consolidate following a massive wave of E&P M&A since 2023.
E&P Highlights: March 15, 2024
Here’s a roundup of the latest E&P headlines, including a new discovery and offshore contract awards.
Parker Wellbore, TDE Partner to ‘Revolutionize’ Well Drilling
Parker Wellbore and TDE are offering what they call the industry’s first downhole high power, high bandwidth data highway.
Women in Energy: Jennifer Simons, Parker Wellbore
Today’s featured 25 Influential Women in Energy honoree is Jennifer Simons, senior vice president, chief administrative officer and general counsel of Parker Wellbore based in Houston.
Chevron, Continental, Gibson Dunn, Parker Wellbore Talk Gender Diversity Goals
Women in Energy honorees discussed how oil and gas companies can increase representation of females on boards of directors and set realistic gender diversity goals.
Houston-based Parker Wellbore Sets Plan to Achieve New ESG Goals
The company's inaugural ESG report highlights numerous innovative technology solutions coming to market that provide a path to a lower-carbon emitting future.
PATH FORWARD: Parker Drilling’s New CEO Talks OFS Opportunities, Optimism
Sandy Esslemont, president and CEO of Parker Drilling, stopped by Hart Energy to discuss his new position with the international drilling service provider and outlook on the oil and gas industry as a whole.
Gary Rich To Retire As Parker Drilling President, CEO
Parker Drilling Co. announced on July 15 that Gary Rich has decided to retire from his roles as president, CEOÂ and director of Parker Drilling later this year.