UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q/A [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 1996 ------------------------------------------------- OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ---------------------- ----------------------- Commission file number 1-7573 --------------------------------------------------------- PARKER DRILLING COMPANY - -------------------------------------------------------------------------------- Exact name of registrant as specified in its charter) Delaware 73-0618660 - -------------------------------------------------------------------------------- (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 8 East Third St., Tulsa, Oklahoma 74103 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (918) 585-8221 ----------------------------- Not applicable - -------------------------------------------------------------------------------- (Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes X No ----- ----- Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. At December 31, 1996, 68,493,182 shares of common stock were outstanding. PART II - OTHER INFORMATION Items 1 through 5 are not applicable and have been omitted. Item 6. Exhibits and Reports on Form 8-K. (a) Exhibits: 10.1 Term Loan Agreement between Parker Drilling Company and ING (U.S.) Capital Corporation, dated November 8, 1996. (b) Reports on Form 8-K: Parker Drilling Company filed a Form 8-K on September 19, 1996, stating that Parker and Energy Ventures Incorporated had entered into a Stock Purchase Agreement on September 14, 1996, by which Parker will acquire Mallard Bay Drilling, Inc., a wholly-owned subsidiary of EVI principally engaged in the offshore contract drilling business. Parker filed a Form 8-K on October 17, 1996, stating that Parker had entered into a Stock Purchase Agreement on October 7, 1996, by which Parker will acquire Quail Tools, Inc. from its former stockholders. Quail is engaged in the tool rental business. Parker filed a Form 8-K/A on October 24, 1996, amending the Form 8-K filed on September 19, 1996, to include the Stock Purchase Agreement. Parker filed a Form 8-K on November 25, 1996, stating that on November 12, 1996, Parker completed the previously announced acquisitions of Mallard and Quail. Page 2 of 3 SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PARKER DRILLING COMPANY March 25, 1997 By: /s/ JAMES J. DAVIS -------------------------------- James J. Davis Senior Vice President -- Finance and Chief Financial Officer By: /s/ RANDY ELLIS -------------------------------- Randy Ellis Controller and Chief Accounting Officer Page 3 of 3 EXHIBIT INDEX 10.1 Term Loan Agreement between Parker Drilling Company and ING (U.S.) Capital Corporation, dated November 8, 1996.