Parker Drilling to Present at the IPAA Oil and Gas Investment Symposium and the Howard Weil Energy Conference

HOUSTON, April 8, 2008 /PRNewswire-FirstCall/ -- Parker Drilling Company NYSE: PKD announced today that David C. Mannon, president and chief operating officer, and W. Kirk Brassfield, senior vice president and chief financial officer, will present at the IPAA Oil and Gas Investment Symposium. Mr. Mannon and Mr. Brassfield are scheduled to address the conference at 8:45 a.m. EDT on Wednesday, April 9.

The live audio webcast, slides of the presentation and a replay will be publicly available through the Company's website at http://www.parkerdrilling.com by accessing the Investor Relations link.

Parker Drilling, represented by Robert L. Parker Jr., chairman and chief executive officer, will be presenting at the Howard Weil Energy Conference on Wednesday, April 9 at 3:15 p.m. CDT. A copy of this non-webcast presentation will also be available at the Investor Relations section of http://www.parkerdrilling.com.

Parker Drilling Company NYSE: PKD provides high-performance contract drilling solutions, rental tools and project management services to the worldwide energy industry. Parker operates 31 land rigs in strategic international markets and 17 offshore barge rigs, primarily in the U.S. Gulf of Mexico transition zone. The Company's Quail Tools division rents premium equipment to operators in active land and offshore markets in North America. Founded in 1934, Parker has set numerous world records for deep and extended-reach drilling and is an industry leader in safety performance. More information about Parker Drilling can be found at http://www.parkerdrilling.com.